Page 7 of Tax

GST E-invoicing: A new era of efficiency and accountability in Indian taxation

The e-invoicing system has been mandatory for any businesses that report an annual turnover of over Rs 5 crores with…

May 19, 2023 14:27 IST

India-EU agree to engage on carbon tax

Goyal said that the TTC is helpful as it is supplementing the FTA negotiations and the FTA will make India-EU…

May 18, 2023 02:15 IST

No additional taxes, if no incriminating evidence found during search and seizure proceedings

The tax department collects information from various sources viz. Enforcement Directorate, Financial Intelligence Unit, informants, foreign tax departments, etc.

May 11, 2023 08:27 IST

Income Tax Payment Online: Full List of Banks for e-payment (e-Pay Tax) on e-filing portal

e-Pay Tax on e-filing portal: Here is the full list of banks and how to pay tax without logging in.

May 6, 2023 11:55 IST

TAX TALK: Co-owners to get tax benefit based on share of ownership

Both co-owners must show payment proof for their share in the house.

May 5, 2023 00:30 IST

TDS Return Filing: There are different forms for filing returns

TDS return online: Here’s all you need to know about TDS and TDS return guidelines; check details

TDS Return File Online: TDS return is a quarterly summary of all TDS transactions including tax collected from payments as well…

May 2, 2023 18:30 IST

Input Tax Credit in GST: How to claim ITC and other key things to know for small businesses

GST Input Tax Credit: According to the Central Board of Indirect Taxes and Customs (CBIC), ITC is a mechanism to…

May 1, 2023 19:46 IST

Tax Talk: TDS is mandatory when buying property from NRI

An NRI can expect to get only 70-80% of the sale proceeds due to this

April 26, 2023 01:15 IST

Income Tax, IT Department, Tax norms, Tax guidelines, Angel Tax, Economy

IT Dept readying angel tax norms, valuation guidelines

According to sources, a number of startups have in recent weeks received notices from the tax department ascertaining details of…

April 25, 2023 00:30 IST

E-facility for customs payment normalising fast: Govt

Exim traders claim glitches in system continue

April 22, 2023 02:15 IST

NRI, NRI income tax, NRI tax, NRI transactions

Asked to tally funds in A/Cs to filings: Closer scrutiny on tax filings of NRIs

Transaction value in many cases of foreign capital infusion also under lens

April 20, 2023 06:15 IST

TDS, minister of state for finance, MoS Finance, Pankaj Chaudhary, Tax, Income Tax, Money, Income-Tax Act

TDS on virtual digital assets fetches Rs 158 crore

The government had brought virtual digital assets such as cryptocurrencies under the income tax net in the Union Budget 2022-23.

March 29, 2023 05:20 IST

New tax not to impact pure term, small policies: MoS Finance

Mos Finance said it will also not affect the exemption of any money received by the nominee on the death…

March 29, 2023 05:00 IST

Harvest tax on equity holdings by March 31

Equity investors must look at tax harvesting before March 31 to reduce their long-term capital gains (LTCG) tax liability.

March 27, 2023 05:00 IST

STT hike clarified: Govt raises Securities Transaction Tax on options sale to 0.062% from 0.05%; corrects typo

The Finance Ministry has raised Securities Transaction Tax on sale of options to 0.062% from 0.05 % per Rs 1…

Updated: March 24, 2023 16:58 IST

Tech-ing tax compliance forward

The intention behind deployment of technology-mediated tax-compliance may be good, but the government must do this only after testing the…

March 24, 2023 04:15 IST

Growth in direct tax revenue moderates, up 16.8% on-year

Gross collections (pre-refunds) stood at Rs 16.68 trillion on March 10, registering a 22.6% growth from the corresponding period of…

March 12, 2023 04:45 IST

tax, income tax, countries with no tax, no tax countries, no tax policy, UAE tax, Bahrain tax, India tax, lifestyle

From UAE to Bahrain, 7 countries that have no income tax

The countries on this list are scenic and would surely make you want to shift. Take a look:

March 9, 2023 10:30 IST

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Jaisalmer bus tragedy: PM Modi announces Rs 2 lakh ex-gratia for kin

India News53 min ago

President Droupadi Murmu and Vice-President C P Radhakrishnan expressed their condolences for the 20 passengers who lost their lives in a tragic bus fire in Rajasthan. The bus, carrying 57 passengers, caught fire on the Jaisalmer-Jodhpur highway, leaving 16 critically injured. Prime Minister Narendra Modi announced an ex gratia of Rs 2 lakh and rescue efforts were underway.

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