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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…
Airport industry to see profit before tax of $1.3 billion this fiscal
"The topline will grow due to an increase in aeronautical revenue along with the receipt of…
PTI
Govt to impose fine for not updating Aadhar information by Sep 14 — here’s how you can do it from home in 10 min
Have you updated your Aadhar details yet? Here's how to do it completely free of charge!
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
As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals
A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…
India signs customs mutual recognition agreements with seven nations; Actively pursuing more, says CBIC chief
India has signed mutual recognition agreements (MRAs) with customs authorities of seven nations and…
PTI
Provisions of TDS/TCS, in case of death of deductee or collectee relaxed by govt
On April 23, 2024, CBDT extended the date for linking of PAN and Aadhaar May for the taxpayers (for…
ANI
GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums
O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…
PTI
Income Tax department issues warning to taxpayers, asks them to stay safe from ITR Refund scams
There has been an increase in scams targeting Indian taxpayers after the Income Tax Return filing d…
Infosys says Karnataka govt withdrawing pre-show cause notice on GST notice
Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice iss…
ANI
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
Retirement planning 101: Simple steps to secure your financial future
In the journey of life, we often prioritise immediate needs over future goals. Retirement planning …
Mobile Number Portability revamped to reduce SIM swap frauds – Here are the new rules
There has been a considerable increase in online scams in the country, with SIM swap scam emerging …
DPI, bankruptcy law, tax code make India attractive investment destination: WEF official
A combination of policy changes such as bankruptcy law and taxation code and the enabling environme…
PTI
Bata India gets ₹60 crore sales tax notice
The company said it initially received an audit notice on April 27, 2023, and submitted relev…
PTI
Colgate Palmolive gets Rs 170 cr Transfer Pricing Order from Income Tax authorities
Leading oral care products maker Colgate-Palmolive (India) has received a Rs 170 crore Transfer Pri…
PTI
Zomato gets service tax demand and penalty order of ₹184 crore
Online food delivery platform Zomato said it has received a service tax demand and penalty order ag…
PTI
Last-minute rush: 5 things to do before March 31
March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…
India should use calibrated retaliation mechanism to deal with EU's carbon tax, says report
India should positively consider imposing retaliatory customs duties in a calibrated manner on cert…
PTI
Bill to amend Central Goods and Services Tax Act introduced in Lok Sabha
A bill to align provisions of the Central Goods and Services Tax Act with the Tribunal Reforms Act …