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1 min read

After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters

As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…

PTI   


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2 mins read

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   


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2 mins read

In Covid days, I-T Department refunds ₹62,000 crore to 20 lakh taxpayers

In pursuance of the exercise to meet liquidity needs taxpayers during COVID-19 pandemic, the income…

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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…

PTI   


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3 mins read

'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   


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5 mins read

Democrats just agreed on a bumper tax, healthcare, and climate bill. Here's what's new, what hasn't changed and what it means for you.

The proposed Inflation Reduction Act provides for cheaper prescription drugs, generous tax credits …

Grace Dean,Ryan Hogg   


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4 mins read

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   


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3 mins read

The wealthiest Americans avoided billions in taxes by voluntarily doing something most only do out of necessity: borrowing money.

Income taxes: 37%. Capital gains: 20%. ProPublica found billionaires avoid those by borrowing from …

Tyler Sonnemaker   


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1 min read

Fertiliser subsidy arrear at Rs 33,691 cr; may touch Rs 60K cr by March: FAI

New Delhi, Nov 30 () Fertiliser industry body FAI has expressed concern over delay in payment of su…

PTI   


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1 min read

Tax relief for bus operators in Punjab

He pointed out that the suspension of the bus service following the imposition of the lockdown had…

PTI   


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3 mins read

Did Arun Jaitley knowingly step into the multibillion-dollar FII tax row?

The Finance Ministry could have sidestepped a damaging multibillion-dollar tax row with foreign inv…

Reuters   


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2 mins read

Finmin asks tax officials to identify, book tax evaders through data analytics

New Delhi, Dec 20 () In a bid to meet ambitious tax target amid economic slowdown, the Finance Mini…

PTI   


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4 mins read

What to do if your coronavirus stimulus check is too big or too small

The stimulus payment is an advance tax credit meant to offset your 2020 taxes. It's refundable, so …

Tanza Loudenback   


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4 mins read

The tax-filing deadline is still April 15, but the IRS will waive penalties and interest on tax payments for 90 days

Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…

Tanza Loudenback   


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2 mins read

Gujaratis sure know their 'dhandha', but they're also among India's top tax defaulters

Out of the 31 names of tax evaders mentioned, six are from Gujarat (four individuals and two compan…

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4 mins read

The federal tax deadline is now July 15. Here are 3 reasons you should probably still do your taxes as soon as possible.

Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…

Tanza Loudenback   


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22 mins read

10 best tax-saving investments

We have ranked 10 most common investments under Sec 80C on five parameters: returns, safety, flexib…

Economic Times   


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2 mins read

C'garh cabinet nod for 'corona' tax on liquor; farmers' scheme

The statement said that under the 'Rajiv Gandhi KisaanNyay Yojana' scheme, an amount of Rs 10,000 p…

PTI   


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2 mins read

Two Indian startups say the government broke their faith by raiding their bank accounts

Siddhartha Ahluwalia, co-founder of Sheroes and founder of Babygogo, told Business Insider he re…

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5 mins read

Trump may have committed tax fraud by fabricating a loan to avoid paying income taxes on nearly $50 million

In 2009, he told The Wall Street Journal he was worth $5 billion, not including the value of the Tr…

Sonam Sheth