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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
Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato
Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…
Market regulator SEBI issues list of 'most wanted defaulters' - all untraceable
In a bizarre development, the Securities & Exchange Board of India (SEBI) has released a list of so…
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
The tax deductions you can claim if you have a home loan in 2023-24
When deciding which tax regime to opt for, those with a home loan may prefer the old tax regime, as…
How to compare your tax liability in old and new tax regimes
Finance Minister Nirmala Sitharaman, during the 2023-24 Budget, announced that the new tax regime h…
Looking to file taxes on your own? Here is what you need to keep in mind
It is that time of the year again – when we have to file our taxes. While we can take the services …
5 popular deductions you can claim under Section 80C in 2023-24
Among all the different sections that provide deductions under the old tax regime, 80C is the most …
Have a home loan? You may want to opt for the old tax regime
Home loan holders may be able to save more money on taxes under the old tax regime by claiming maxi…
Income tax bonanza, capex push emerge as the stars of Budget 2023-24
An upward revision in income tax slabs and a continued push on capital expenditure investments emer…
Budget 2023-24 highlights: Those with income below ₹7 lakh a year need not pay income tax
The FM today changed the income tax rebate limit from ₹5 lakh per annum to ₹7 lakh per annum in the…
FM plays Santa: Zero tax on income upto ₹7 lakh under the new regime
Tax saved by individuals in higher income brackets will result in the amount getting channelised in…
Pakistan's default risk soars amid political turmoil says a Dawn news report
Pakistans default risk as measured by five-year credit-default swaps (CDS), insurance contracts tha…
Union Budget 2023: A look at personal tax proposals
The Economic Survey of 2022-23 expects the Indian economy to grow at 7% for the year ending March 2…
New tax regime may not be necessarily beneficial for all taxpayers: Experts
The new tax regime (NTR) will now be considered as a default regime, but it may not necessarily be …