Getting more from taxation The government needs to expand the tax base and not tax the already-taxed some more. Sustainability and realisation of tax… January 16, 2023 04:00 IST
From relaxation in taxation to a boost for start-ups in gaming; AVGC sector draws up its wishlist for Budget 2023 Recent governmental reforms which include the appointment of MeitY as the nodal body for regulating online gaming and MYAS to… Updated: January 13, 2023 14:02 IST
Income Tax: How to stay tax compliant in 2023 and beyond One of the ways to live a peaceful life is to remain tax compliant in order to avoid getting tax… December 23, 2022 19:12 IST
Is it fair to ask you to pay Income Tax for Rs 2.5 lakh when Rs 8 lakh makes one poor? Govt responds The basic exemption limit provided under the Income Tax Act and income threshold for EWS categorisation are not comparable, says… December 20, 2022 14:59 IST
G20 meet reviews key taxation framework Under the proposed framework, multinational enterprises will be subject to a minimum 15% tax rate from 2023. This is aimed… Updated: December 15, 2022 07:46 IST
NFO of Bharat Bond ETF closes tomorrow: Know its benefits, taxation before investing With the NFO of the fourth tranche of the government’s flagship Bharat Bond ETF closing on December 8, 2022, know… Updated: December 7, 2022 21:12 IST
Laid off? Know the Income Tax exemption/relief options for employees receiving severance pay While the severance pay offered to laid-off employees is not tax-free, there are some options for them to claim tax… Updated: November 28, 2022 10:48 IST
Issuance of right & bonus shares by private companies – A tangled tale To straighten the curve and widen the tax base, a new provision was added to the Finance Act 2022, mandating… November 19, 2022 09:59 IST
Indirect tax receipts to exceed budget estimate by Rs 50,000 crore The government is banking on extra tax revenues to fund additional subsidy expenditures to the tune of about Rs 2.8… November 5, 2022 02:20 IST
Assets seized or detained? Know the remedies available under Sections 129 and 130 of the CGST Act Remedies available to the asset owner (assessee) under Section 129 and Section 130 of CSGT Act 2017 (E-Way Bill) explained October 5, 2022 20:31 IST
Your queries: Income tax – You have to pay tax on interest earned on Section 54EC bonds In case your final tax liability after taking into account the TDS exceeds Rs 10,000, respec-tive instalments for advance tax… October 3, 2022 00:30 IST
Buying bonds from secondary markets? Know tax rules for selling it early, holding it till maturity As a number of bonds are listed in stock exchanges to provide additional liquidity, investors have the opportunity to buy… September 21, 2022 19:59 IST
Tax stability for businesses to bond inclusion in global index; 5 highlights from FM Sitharaman’s speech today India is the fastest growing economy in the world and over the next 25 years, the government will reposition it… September 5, 2022 14:02 IST
Falling rupee: Extra income by IT sector employees working on projects outside India is taxed – Here’s how Income Tax Rule For IT Sector Employees Working On Foreign Projects: Extra earnings due to falling rupee will be taxed… Updated: August 27, 2022 12:25 IST
6 key themes to help India’s corporate earnings beat emerging markets; check preferred sector stocks to buy India’s economy and corporate earnings growth is expected to outpace other large emerging markets helped by six structural themes, said… Updated: August 25, 2022 12:13 IST
Why GSTAT is the need of the hour While the Government is taking adequate steps to address various industry concerns and contain unnecessary litigation, the pressing need for… August 22, 2022 20:27 IST
GST in era of digitisation: Can changes in GST law help simplify compliance, promote ease of doing business? ‘As India’s digital economy is progressing rapidly, India’s GST law needs to address certain aspects that are irritants in the… Updated: June 6, 2022 14:35 IST
States’ tax revenues grew a third in FY22, so did capex The 20 states saw their revenue expenditure rise 12.5% on year in in FY22, lower than the budgeted rate of… May 30, 2022 01:30 IST
What are the tax implications of investments in global securities? Find out The dividend income earned by an individual gets added to overall income, and the investor receives foreign credit to the… April 22, 2022 15:57 IST
Taxations rules for different classes of income groups The taxpayers can claim the income tax exemption, which is available on a few of the salary components given either… Updated: March 31, 2022 16:38 IST
GST Compensation Scheme: Last two days to take no hassle low tax option, here’s how taxpayers can apply Small businesses such as fruits and vegetable vendors, shopkeepers, and small trading and manufacturing businesses can reap benefits from this… March 30, 2022 13:28 IST
Clarification on capital gains tax on early redemption of Sovereign Gold Bonds is required – Here’s why Sovereign gold bonds are issued by the government for a period of 8 years and they carry half-yearly interest payments… Updated: March 9, 2022 19:30 IST
