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New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know
The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…
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
First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary
The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…
PTI
Govt to abolish angel tax on investments in startups
The removal of the angel tax is expected to be a boost for startups as it will help in promot…
PTI
Govt to withdraw disputed direct tax demand of up to ₹25,000 till FY10; ₹10,000 for FY11-15: FM
, The government has proposed to withdraw old disputed direct tax demands of up to Rs 25,000 till F…
PTI
FM Nirmala Sithraman keeps tax slabs unchanged
As expected and in relief for the citizens, the central government neither tweaked nor put any addi…
ANI
Indian government brings in a bill to bury the infamous retrospective tax that haunted Cairn and Vodafone for nearly a decade
In a bid to bury the ghost of retrospective taxation, the government on Thursday brought a bill in …
PTI
Joe Manchin said no and sided with Republicans to tank Biden's $2 trillion bill. Democrats say they're 'over the initial shock' and overhauling it — with no guarantee of winning his vote.
A top Senate Democrat told Insider he would tweak the child tax credit to try to get Manchin's vote…
Joseph Zeballos-Roig
New York court pauses tax suit to allow Cairn to settle dispute with India
The New York district court delayed the tax suit to November 18, according to court documents re…
PTI
'Vivad se Vishwas' scheme offers fair deal to settle past direct tax disputes: CBDT chief
New Delhi, Feb 4 () Central Board of Direct Taxes (CBDT) Chairman P C Mody on Tuesday said the dire…
PTI
CJI calls for speedy resolution of tax disputes
Ask about setting up more tribunals for reducing pendency in High Court and lower judiciary, the C…
PTI
Google will pay $481 million to settle a decade-long tax dispute with the ATO, following similar agreements with Apple and Facebook
On Wednesday Google revealed it is the latest company to come an agreement that would settle its lo…
Lok Sabha passes Direct Tax Vivaad Se Vishwas Bill
Opposition has been protesting over the issue of Delhi violence and demanding an immediate discu…
PTI
All that will be discussed in Lok Sabha today as Parliament reopens— if the uproar against Delhi violence allows
The second phase of the Lok Sabha’s (the lower house of Indian Parliament) Budget Session will begi…
Direct taxes in India will be a lot simpler if Nirmala Sitharaman accepts these 3 proposals
The panel has proposed to alter tax brackets, revamp the Income Tax Act and make it tax-payer…
As curd, paneer and wheat flour turn 5% costlier, retailers worried about 'old stock'
With curd, paneer, unbranded pre-packaged food items like wheat flour and others coming under the G…
'Direct Tax Vivad se Vishwas Bill" introduced in Lok Sabha
"Over the years, the pendency of appeals filed by taxpayers as well as government has increased due…
PTI
Govt amends I-T rules for faster resolution of multinational corporations' tax disputes under MAP
It also states that if a resolution is arrived, the same shall be communicated to the assessee, wh…
PTI
Max Financial Services settles Rs 123 cr tax dispute under Vivad se Vishwas scheme
The government had announced the 'Vivad se Vishwas' scheme in the union budget for 2020-21. Under…
PTI
LS passes bill to settle disputed tax dues by March 31 without paying interest,penalty
Under the proposed scheme, taxpayers willing to settle disputes shall be allowed a complete waiver …