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2 mins read

Middle Class people 'trained enough' to pick right Income Tax option: Rajiv Kumar

Kumar was commenting on the Budget proposal of finance minister Nirmala Sitharaman to give option …

PTI   


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A brief history of India’s retrospective tax law that would finally be upturned for good

On Thursday, August 5, the Indian government proposed to withdraw all tax demands under the retrosp…

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4 mins read

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   


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3 mins read

OPINION: These tech issues need clarity and amendments

India’s tax regime is being geared up to cover newer tech business models. However, …

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1 min read

Startups vs IT Dept, soon. Here's why

Startups are complaining that the move runs counter to the government's campaign to encourage entre…

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1 min read

No more fake rent receipts to evade income tax

Government to keep an eye on fake rent receipts used to evade taxes

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5 mins read

India, your e-commerce discounts are safe

Ten years ago, my mother severed her years-long allegiance with her local shopkeepers and started …

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1 min read

Keep your Aadhaar number ready while filing income tax return

Jaitley said making Aadhaar number mandatory will curb tax evasion and frauds. "Aadhaar has biometr…

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2 mins read

HSBC Swiss bank account holders might get spared by the I-T deptt

In Jindal’s case, the Delhi bench of the tribunal said that even though the assessing officer told …

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2 mins read

Clarity on tax litigation, Income Tax department to write to over 2.59 lakh taxpayers

The income tax department of India has done a massive awareness campaign for the one­time black mon…

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4 mins read

Responsibility of Govt to design convenient tax system so that individuals can budget and plan: SC

The court, which allowed a batch of appeals filed by banks against an order of the Kerala High Cou…

PTI   


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3 mins read

Black Money: Foreign bank account holders accuse tax authorities of haste in filing complaints

However, as per lawyers and chartered accountants, the tax authorities are showing inappropriate ha…

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2 mins read

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   


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Sonam Sheth,Jake Lahut   


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2 mins read

Billionaire financier Ken Griffin committed $20 million campaigning for Illinois not to raise wealthy residents' taxes

Ken Griffin, the hedge-fund manager behind Citadel, is trying to prevent a progressive income tax s…

Taylor Nicole Rogers   


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4 mins read

Cairn expects arbitration award in retro tax case by this summer

"Interest is currently being charged on the principal at a rate of 12 per cent per annum from Febr…

PTI   


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2 mins read

Tiger Global now has to pay tax on profit from sale of Flipkart stake to Walmart in 2018

While the AAR report does not mention Tiger Global, it does specify ₹14,500 crore exit. Tiger …

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1 min read

Govt proposes cut in tax on cooperative societies to 22 pc

New Delhi, Feb 1 () Finance Minister Nirmala Sitharaman on Saturday proposed reduction of tax on co…

PTI   


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1 min read

Lok Sabha passes Direct Tax Vivaad Se Vishwas Bill

Opposition has been protesting over the issue of Delhi violence and demanding an immediate discu…

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1 min read

BASF India gets Rs 46 cr tax notice from Karnataka govt

"The Company has now received a demand notice for the further period i.e. 2015-2016 from Commercial…

PTI