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1 min read

Cipla gets Rs 773 cr demand notice from I-T dept

Shares of Cipla on Tuesday settled 0.56 per cent down at Rs 1,507.50 apiece on the BSE.

PTI   


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2 mins read

CBDT forms committee for IT Act review; 'sunset' clauses to be eliminated

Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…

PTI   


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2 mins read

Important dates to remember while filing your ITR this time!

13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…

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2 mins read

Received a tax mismatch notice from the IT department? Here is how to set it right

An income tax mismatch notice can happen due to several reasons. In an increasingly digital world, …

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2 mins read

Try this higher-interest, lower-tax alternative to CDs while rates are still high

If you're considering investing in a CD, you might look at this other cash equivalent instead.

William Edwards   


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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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4 mins read

Looking to file taxes on your own? Here is what you need to keep in mind

It is that time of the year again – when we have to file our taxes. While we can take the services …

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4 mins read

ITR filing deadline is today – If you miss it, there are more consequences than just a penalty

The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…

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6 mins read

Are you moonlighting? Here is what to know when filing your taxes

Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…

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4 mins read

People are getting taxed for gig work they've never done

Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …

Alex Bitter   


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7 mins read

Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.

The success of over 100 local GBI pilots in the US provides insight into future state-level policy.

Allie Kelly   


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2 mins read

Income Tax dept selects 68,000 high-value transaction cases for e-verification

CBDT chief Gupta said that the I-T department had taken several progressive steps to encourage volu…

ANI   


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5 mins read

How to calculate income tax on stock market earnings

Incomes of all kinds are taxable. While a few financially sound people understand the tax calculati…

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2 mins read

Market regulator SEBI issues list of 'most wanted defaulters' - all untraceable

In a bizarre development, the Securities & Exchange Board of India (SEBI) has released a list of so…

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2 mins read

Many of Mumbai's Income Tax defaulters are from dingy chawls, says SEBI

In a curious revelation, the Securities and Exchange Board of India (SEBI) has found that several '…

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2 mins read

Non-profits wanting to get listed should have no ongoing IT scrutiny: SEBI

Markets regulator SEBI has said that any non-profit organisation (NPO), which wants to get listed, …

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3 mins read

Billionaires made enough during the pandemic to pay off everyone's student loans

Forget cancelling student debt. Americans for Tax Fairness found that billionaires' collective weal…

Juliana Kaplan,Ayelet Sheffey   


Juliana Kaplan   


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3 mins read

What is an updated return, who can file it and are there any penalties to pay?

It is worth noting that you can file an updated return even if you did not file the original ret…

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4 mins read

Cork Gaines