Lok Sabha passes Rs 45 trillion Budget for current fiscal without debate
Lok Sabha on Thursday approved the Union Budget envisaging an expenditure of around Rs 45 lakh crore for the fiscal year […]
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Finance Bill proposes removal of tax advantage for debt mutual funds
Debt mutual funds, which so far enjoyed taxation benefit as long-term capital gains (LTCG) were taxed at 20% with indexation
Income Tax, Income Tax News, News
How to check if your PAN is linked with Aadhaar; Know Here
The linking of PAN and Aadhaar has been made mandatory by the Central Board of Direct Taxes (CBDT). March 31,
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PAN-Aadhaar linking is not mandatory for these exempted category
The Centre has made it mandatory to link Aadhaar with Permanent Account Number (PAN) before March 31, 2023. If a
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RBI directs all banks to keep branches open till March 31 for annual closing
With the annual closing of accounts just 10 days away and the financial year 2022–23 coming to a close, the
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Income Tax sends Rs 8 crore recovery notice to a labourer in Bulandshahr
In a shocking incident, the Income Tax department sent a notice to a labour for recovery of Rs 8 crores. The person,
Central Excise - 2023, News, Notification And Circular, Notification and Circular
Centre slashes windfall tax on domestic crude oil to Rs 3,500 per tonne; hikes duty on diesel
The central government late on Monday slashed the windfall tax on domestic crude oil to Rs 3,500 per tonne from
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Tax demands of Rs 13,566 crore raised in four fiscals under black money law: MoS Finance
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the
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Direct tax collection hits 95.2% of Revised Estimates for FY23
Net direct tax collection (after adjusting refunds) rose 15.3 per cent to ₹15.72 trillion till March 16 this fiscal year
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ITAT rules in favour of Flipkart on alleged ₹1,700 crore marketing intangibles
Bangalore Income Tax Appellate Tribunal (ITAT) allows Flipkart appeal to allow deductions towards ESOP expenditure. The company filed a loss return