Finance Minister Nirmala Sitharaman explains rationale of new income tax regime
Finance Minister Nirmala Sitharaman today said that Budget proposals under the new income tax regime will leave more money in […]
Income Tax, Income Tax News, News
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CBI arrests Hyderabad-based chartered accountant in Delhi excise policy case
The CBI has arrested a Hyderabad-based chartered accountant (CA), understood to be the auditor of BRS MLC K Kavitha, in
Income Tax, News
Young salary earners enthusiastic after tax rebate, says PM Narendra Modi
Prime Minister Narendra Modi on Monday said there was a lot of enthusiasm in the middle-class after the union government
Income Tax, News
Foreign portfolio investors in India to pay higher tax on debt securities, official says
Foreign portfolio investors will lose a preferential tax rate on interest from Indian government securities and corporate and foreign currency
Income Tax, News
Housekeeping staffer in Thane earning Rs 10,000 gets tax notice for Rs 1 crore China deal
Here’s a curious tale involving the common man, a con man and the taxman. A housekeeping worker, formerly a security
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Centre working on implementing new Foreign Trade Policy from April 1, 2023
The Commerce and Industry Ministry is working on implementing the new Foreign Trade Policy (FTP) on April 1, 2023, with
Central Excise - 2023, News
Govt announces substantial hike in windfall tax on locally produced crude oil, diesel and ATF
The government on Friday announced a substantial hike in the windfall tax on crude oil and air turbine fuel (ATF)
Income Tax, News
Union Budget proposes changes to Income Tax search and seizure provisions
The Union Budget 2023-24 has proposed certain changes to the Income Tax search and seizure provisions in view of the
Income Tax, News
Govt to bring another dispute resolution scheme Vivad Se Vishwas-2: FM Nirmala Sitharaman
The government will bring another dispute resolution scheme under Vivad Se Vishwas-2 to settle commercial disputes, finance minister Nirmala Sitharaman
Income Tax, News
New income tax rule: Proceeds from life insurance policy with premium of over ₹5 lakh to be taxable
Proceeds from life insurance premium over the annual premium of ₹5 lakh would be taxable from new financial year i.e. from