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SC strikes down Finance Act amendments and asks government to formulate fresh norms on tribunals
The Supreme Court on Wednesday struck down rules in the amended Finance Act 2017 on tribunals and d…
PTI
Vodafone India Faces Tax Liability Of More Than Rs 27,000 Crore
The company faces tax demand following the retrospective tax amendment brought about in 2012. Besid…
Amazon, Flipkart, Microsoft to pay 2% extra tax now
The Confederation of All India Traders (CAIT) has welcomed the Budget proposal to impose 2 per cent…
Montek calls for rewriting of FRBM Act, PPP law to tap finances
In the changing scenario in view of rising finance needs and fiscal limitation of states, rewriti…
PTI
Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
PTI
I paused my bills when the coronavirus decimated my income, but it wasn't exactly a smooth process
Being able to pause your financial life if your income has bottomed out can provide a needed lifeli…
Hannah Van Sickle
Govt may relax 45-day payment rule for MSMEs in Budget 2024
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
PTI
'Deely Nuts,' 'Beefy King,' and other fake businesses reportedly got $7 million in COVID-19 PPP loans through one lender
Non-existent farms, such as "Ritter Wheat Club" and "Deely Nuts," each received the maximum loan of…
Anna Cooban
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
No change in fiscal year; govt extends applicability of stamp duty by 3 months
"It pertains to putting in place an efficient mechanism for collection of stamp duty on security m…
PTI
Govt likely to take more steps to deal with fin sector problem: NITI Aayog VC
New Delhi, Jan 15 () The government is likely to take more measures to deal with the problem of fin…
PTI
Here are the reforms that India needs to compete with UK, US and China in tax deductions
Finance Minister Arun Jaitley, while presenting Budget 2015-2016, stated that the rate of corporate…
Canada says it will freeze the bank accounts of 'Freedom Convoy' truckers who continue their anti-vaccine mandate blockades
Deputy Prime Minister Chrystia Freeland said the truckers may have their vehicle insurance suspende…
Matthew Loh
Relax! The govt won't tax you just yet for withdrawing your PF before 5 yrs
The finance ministry might issue a directive to put the implementation of this clause in the Financ…
Govt amends law to get powers to raise excise duty on petrol, diesel by Rs 8/litre in future
The government had on March 14 raised excise duty on petrol and diesel by Rs 3 per litre each to r…