Page 18 of Tax

Income Tax Dept to hold special 8-day camp in Delhi to help taxpayers file returns

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

Updated: August 24, 2015 11:53 IST

Ideas Cafe: Is tax rebate for plastic money a good idea?

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

Updated: July 1, 2015 21:23 IST

Service tax @14%: Know how it will affect your wallet

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

Updated: June 10, 2015 13:51 IST

Budget 2016, Union Budget 2016, Budget 2016 latest news, Budget 2016 news, TDs, corporate tax, income tax, Budget 2016 income tax, arun jaitley, narendra Modi, Budget 2016 expectations india, latest business news

Not just raids, need fear of jail to scare tax evaders: CBDT

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

June 5, 2015 07:59 IST

Effective Service Tax rate on AC restaurant bills 5.6%: Finance Ministry

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

June 3, 2015 22:11 IST

Govt to modify new income tax return forms

The Income Tax department had notified new income tax return forms on April 15.

May 12, 2015 16:25 IST

Data Drive: Markets on a roller coaster ride

The euphoria on the stock markets appears to be waning as the imposition of minimum alternate tax…

Updated: May 9, 2015 00:45 IST

Income Tax dept not to take coercive action against FIIs on MAT dues

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

May 8, 2015 21:05 IST

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Biggest tax reform: All you wanted to know

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

May 7, 2015 09:01 IST

Taxability of LPG subsidy unclear; experts seek clarification

Taxability of LPG subsidy and other direct benefits paid directly into bank accounts of beneficiaries…

Updated: May 4, 2015 16:54 IST

India to rule on MAT claims for tax treaty investors within a month

India’s tax department will rule within a month on alternative tax claims made against foreign investment funds that are covered…

April 25, 2015 11:00 IST

Govt considering clarificatory amendments to MAT rules: Jayant Sinha

The government is considering clarificatory amendments to the rules relating to Minimum Alternate Tax (MAT) for the benefit of foreign…

April 23, 2015 17:04 IST

foreign institutional investors, FII, United States, off tax demands, FII, Arun Jaitley, minimum alternate tax, MAT, Indian capital market, Jayant Sinha, Revenue Secretary Shaktikanta Das, CBDT, Anita Kapur, DTAA

FM Arun Jaitley rules out use of retrospective taxation, says permanent law not possible

Ruling out the use of retrospective taxation by the present administration, Finance Minister Arun Jaitley has said a permanent law…

Updated: April 18, 2015 18:55 IST

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National Pension System: Tax sops for govt staff

Government employees looking to increase the equity exposure of their National Pension System (NPS) corpus to above the current cap…

Updated: April 16, 2015 09:00 IST

tax demand, fii in india, fii in india 2015, Foreign Institutional Investor, Foreign Institutional Investor in india, arun jaitley, finance minister, arun jaitely news, business, Finance News

Govt to press ahead with Rs 40,000 cr tax demand on FIIs: FM Arun Jaitley

Arun Jaitley said the government will press ahead with Rs 40,000 crore tax demand on foreign institutional investors as FIIs…

Updated: April 16, 2015 14:23 IST

Tax Talk: ‘Conduct’ of party key to determining interest on refund of excess tax

A recent Delhi HC ruling marks a departure from the settled position that if any amount is wrongly detained by…

April 14, 2015 00:13 IST

Mukhtar Abbas Naqvi, entertainment tax, Entertainment tax ban, Mukhtar Abbas Naqvi entertainment tax, economy news

Mukhtar Abbas Naqvi bats for abolishment of entertainment tax

Union Minister Mukhtar Abbas Naqvi today called for the states to rethink entertainment tax citing that taxing the happiness that…

April 11, 2015 21:08 IST

Tax Talk: Loans, advances to employees spared from Section 186 of Companies Act

While the introduction of Companies Act, 2013, was a welcome move, ambiguity and uncertainty over a few provisions…

April 7, 2015 00:06 IST

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Bank of Maharashtra posts strong growth in Q2 FY26: Net profit rises 23 %

Business27 min ago

Bank of Maharashtra recorded a 23.09% YoY growth in profit in Q2 FY26, reporting a net profit of Rs 1,633 crore. The bank also saw a 15.71% YoY increase in Net Interest Income, reaching Rs 3,248 crore. Its total income for the quarter was Rs 5,63,909 crore, showing a 14.20% growth.

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