Leave encashment and LTA benefits: Encash your leaves only on retirement – here’s why While leave encashment received during tenure of service is fully taxable, LTA exemption is available on the least of actual… 3 years agoAugust 19, 2022
Customs violations: Monetary limit for legal action raised In baggage and outright smuggling cases, the threshold market value of goods or foreign currency has been increased from over… 3 years agoAugust 18, 2022
Windfall tax to be cut, decision soon However, it had raised the new additional excise duty (cess) on petroleum crude marginally from Rs 17,000 to Rs 17,750… 3 years agoAugust 17, 2022
New tax regulations for charitable trusts to add to compliance burden Earlier, there was no specific provision for maintaining books of accounts of trust. However, trusts are currently required to file… 3 years agoAugust 17, 2022
Geo-political tensions are delaying a new global tax regime that may affect where MNCs are taxed One of the victims of current geo-political uncertainty is the deferral of revolutionary changes in the cross-border tax regime, called… 3 years agoAugust 15, 2022
Data Drive: Alarming arrears Similarly, of a total of Rs 80,301 crore in pending central excise arrears, Rs 26,617 crore has been pending for… 3 years agoAugust 14, 2022
Corporate tax collection up 34 pc in April-July The tax department said corporate tax collections at Rs 7.23 lakh crore in fiscal 2021-22 (April 2021 to March 2022)… 3 years agoAugust 13, 2022
British PM race: Rishi Sunak tables radical tax vision Tax cuts have become the dominant issue in the election campaign and while Truss has pledged cuts from day one,… 3 years agoAugust 19, 2022
Your queries: Income Tax- Can claim home loan interest deduction when filing return Any excess of TDS over the final tax liability shall be refunded after processing of the return. 3 years agoJuly 24, 2022
Income Tax: Tips for NRIs buying property in India With a little due diligence, it is possible for NRIs to profitably invest in property in India for themselves and… 3 years agoJuly 22, 2022
Now, pay direct taxes online via Kotak Mahindra Bank net banking or by visiting branch Individual as well as Corporate customers of the bank can pay their Direct Taxes conveniently through the e-pay tax tab… 3 years agoJuly 15, 2022
Will all kinds of tuition fees qualify for tax benefit under Section 80C? Check eligibility While tuition fee tax benefit is incidental, do have a separate investment plan to save for children’s long term goals… 3 years agoJuly 14, 2022
Micro Labs under lens for Rs 300 crore income tax evasion Separately, unallowable freebies expenses worth Rs 1,000 crore detected 3 years agoJuly 13, 2022
Income tax raids on Dolo-650 maker Micro Labs for alleged tax evasion The simultaneous search and survey operations were underway at a number of locations in the country including residence of Micro… 3 years agoJuly 6, 2022
Smart Investing: Lock into tax-free bonds for higher yields than FDs Investing in tax-free bonds and target maturity funds can be a better option than bank fixed deposits. 4 years agoJuly 3, 2022
Government tightens grip on petrol, diesel, ATF refiners with plan to tax windfall gains as crude price soars After the DGFT decision, producers will hold the inventories as they will not be able to export easily due to… 4 years agoJuly 1, 2022
PM’s ‘Gabbar Singh Tax’ is now turning into ‘Grahasti Sarvnaash Tax’: Rahul Gandhi The Prime Minister’s ‘Gabbar Singh Tax’ has now taken a formidable shape of ‘Grihasthi Sarvnaash Tax’ (household destruction tax),” Gandhi… 4 years agoJune 29, 2022
P2P crypto deals: Tax deduction onus on buyer After issuing guidelines about tax deducted at source (TDS) on virtual digital assets (VDAs) applicable to crypto exchanges, the Central… 4 years agoJune 29, 2022
