Page 17 of Tax News

In taxation parlance, pursuant to the recent Finance Act 2015 which has been legislated, 2 per cent additional surcharge has…
Tax authorities in India have the power of initiating scrutiny assessment under section 143 (3) of the Income Tax Act…
For salaried employees, investments for tax planning must have prudent asset allocation of debt and equity.
The finance ministry said that indirect tax collections so far have reached 59.2% of the R6.4-lakh-crore annual target, which is…

Petrol price: With excise duty being hiked five times in a year, taxes and duties now exceeded the actual cost…

Finance Ministry has made it easier to claim tax benefit on expenditure with regard to serious ailments like thalassaemia…

The income tax department is planning to introduce a sunset clause for open-ended corporate tax exemptions while simultanously pruning the…

Delhi Government today hiked road tax by 25 per cent for vehicles owned by companies and firms in the national…
Finance Minister Arun Jaitley on Monday said that tax collection is a challenging task for Central Board of Excise &…

The Income Tax Department has announced that it will hold an eight-day special camp here from today to help taxpayers…

Though concerns of mis-selling need to be addressed, migrating from cash to plastic money will curtail tax avoidance and thus…

The service tax rise proposal takes effect on June 1, 2015. Here is all you need to know in 10…

The department has asked the field staff to add at least 25 lakh new assessees every month — a stiff…

Service tax on food bill in air conditioned restaurants will go up to 5.6 per cent as against 4.94 per…

The Income Tax department had notified new income tax return forms on April 15.
The euphoria on the stock markets appears to be waning as the imposition of minimum alternate tax…

The Finance Ministry has decided not to adopt coercive methods for recovery of MAT dues from foreign investors.

The passing of the Constitution Amendment Bill, 2014, in Lok Sabha will facilitate implementation of the goods and services tax.