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2 mins read

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…

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2 mins read

CBDT forms committee for IT Act review; 'sunset' clauses to be eliminated

Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…

PTI   


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2 mins read

54th GST Council meeting to take place on September 9 in New Delhi

The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…

ANI   


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1 min read

First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary

The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…

PTI   


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4 mins read

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   


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2 mins read

Income Tax dept to hire 50 young law, accountancy grads for better litigation at ITATs

The Income Tax Department has decided to temporarily hire 50 young law and chartered accountancy gr…

PTI   


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3 mins read

Two new tax rules you should be aware of when filing your taxes

With the income tax filing deadline less than a month away, you need to ensure you are up-to-date o…

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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…

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6 mins read

Are you moonlighting? Here is what to know when filing your taxes

Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…

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5 mins read

A shadowy firm ripped off dozens of media websites to prop up NFT projects, Amazon hustlers, and a convicted tax cheat

NewsAnchored promised to get clients published in new outlets — by using a network of sites t…

Jack Newsham   


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4 mins read

Capital gains in taxation: What are the major factors driving the long-term and short-term capital gains?

Capital investment plays an important role in facilitating economic growth, creating employment…

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2 mins read

Pennsylvania Republicans spent $1 million in tax dollars on 2020 election lawsuits to suppress voters

The spending on efforts to block mail-in ballots was revealed in documents obtained by the news org…

Charles Davis   


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2 mins read

RBI report flags large-scale variation in property tax collection across civic bodies

It may look surprising but it is a fact that the property tax revenue of the municipal bodies in De…

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5 mins read

GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal

Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…

PTI   


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2 mins read

GST on salaries? A new ruling can cause a lot of confusion and litigation

The GST (Goods and Services Tax) regime requires firms to take separate registration for each state…

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2 mins read

Litigation funding goes mainstream

The top finance stories for October 22, including the latest news on Morgan Stanley slowing its rec…

Dan DeFrancesco   


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1 min read

Budget proposes 'Vivad se Vishwas' scheme to cut down direct tax litigation

New Delhi, Feb 1 () With 4.83 lakh direct tax cases under litigation, the government on Saturday pr…

PTI   


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2 mins read

'Vivad Se Vishwas' - Union Budget’s new scheme seeks to reduce tax litigations

It is evident that those who wish to avail of the scheme after 31 March 31 2020 will have to…

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1 min read

Union cabinet okays changes in 'Vivad se Vishwas' Bill for faster resolution in direct tax litigations

The Bill was introduced in the Lok Sabha earlier this month with the aim of reducing litigations re…

PTI   


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2 mins read

Roger Stone and his wife are trying to settle the Justice Department's lawsuit over $2 million in unpaid taxes

The aide to former President Donald Trump previously railed against the case, claiming it was polit…

Jacob Shamsian