You Searched For "financial transactions tax" and got 20 results
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1 min read
Govt exempts investment trusts, ETFs from capital gains tax in GIFT City
The government has exempted units of investment trusts and ETFs issued by entities based in GIFT C…
PTI
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
8 mins read
Exclusive: Hunter Biden's tax returns
Hunter Biden's 2018 tax return, published here by Business Insider, complicates the narrative laid …
Mattathias Schwartz
2 mins read
HDFC Bank and Axis Bank remind customers that ATM withdrawals will cost ₹21 plus taxes from Jan 1 — check out the list of charges from top banks
Cash withdrawals from automated teller machines (ATM) will cost you more in the new year. Cash with…
3 mins read
Ten commandments of financial planning
Mutual Fund Sahi Hai is a campaign we often come across in various media channels. While it is true…
4 mins read
The Indian rich is buying property in Dubai – Tax benefits to rental yields, the driving forces at play
After the COVID pandemic got over, the real estate market has been going from strength to strength …
3 mins read
Special monitor suggests Trump falsified disclosures over $48 million loan in what could be tax evasion, report says
A letter by a court-appointed monitor overseeing Donald Trump's business fraud case indicated he ma…
Katherine Tangalakis-Lippert
3 mins read
India is monitoring crypto transactions of 700 investors – evaders could reportedly face a hefty penalty tax
The Income Tax department has shortlisted 700 crypto transactions that haven’t been declared in IT …
3 mins read
ITR filing: Your guide to Form 26AS and why you should check for TDS discrepancies
To check if your employer has deducted TDS, follow these steps. First, register on the Income Tax D…
2 mins read
Non-residents will have to pay tax in India if transactions exceed ₹2 crore
Non-residents undertaking transactions with Indian parties will trigger taxability under the domest…
2 mins read
Only 2 days left to link PAN with Aadhaar – Missing the deadline will lead to PAN deactivation and more
The Finance Ministry had extended the deadline to link one’s Permanent Account Number (PAN) with Aa…
2 mins read
South Korea plans to levy 20% income tax on cryptocurrency transactions from next year
South Korea plans to impose a 20 percent income tax on capital gains from cryptocurrency transactio…
1 min read
South Korea will hit cryptocurrency transactions with a 20% tax starting next year
Capital gains on crypto transactions must be reported on general income taxes in May 2023, accordin…
Carla Mozée
1 min read
India collected ₹9.45 lakh crore in taxes last year — exceeding the government's expectations
The provisional figures of direct tax collections for the financial year 2020-21 showed that net co…
2 mins read
Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…
PTI
2 mins read
Taxpayers will now get full details of transactions in Form 26AS
These will include buying and selling of shares, real estate etc, making cash payments for pur…
3 mins read
Warren Buffett poured $3 billion into Dow Chemical during the financial crisis. Here's the story of how he helped the manufacturing titan – and doubled his money.
Warren Buffett's Berkshire Hathaway made a critical investment in Dow Chemical in 2009, and ended u…
Theron Mohamed
3 mins read
India may propose tax on cash withdrawals above ₹1 million in a year to promote digital transactions in the upcoming budget: Report
The tax could be anywhere between 3% to 5%, which would mean a tax of ₹30,000 to ₹50,000 if you …
3 mins read
Budget 2023: Funding support, liberal tax regime and other things fintechs expect from the government
Industry estimates show that the Indian fintech industry is likely to reach the $1 trillion mark in…
4 mins read
20% tax on foreign remittances make foreign investments unviable for retail investors
Budget announcement of 20% tax on foreign investments to make investments in the US markets less ap…