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3 mins read
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…
1 min read
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
4 mins read
All you need to know about Ola Electric's IPO: Should you subscribe or not?
With a price band of Rs 72–76 per share, only 10% of the issue is available for retail investors. I…
2 mins read
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
4 mins read
ITR filing deadline is today – If you miss it, there are more consequences than just a penalty
The Income Tax Act provides provisions for offsetting and carrying forward losses. Offsetting invol…
1 min read
Direct tax collections rise 18% so far in current financial year
The government's gross direct tax collections have risen by 16.77 per cent to touch Rs 17.18 lakh c…
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
2 mins read
A Tesla fan in India preordered a Model 3 in 2016. He waited 7 years, and the car still hadn't shown up.
Vishal Gondal preordered the Model 3 in 2016, but never received it. After nearly eight years, he f…
Aditi Bharade
1 min read
Direct tax refunds of over ₹1.21 lakh crore issued since April
The Central Board of Direct Taxes (CBDT) has so far issued refunds of over Rs 1.21 lakh crore to ne…
1 min read
Direct tax collection grows 23.8% to ₹ 8.98 lakh cr till Oct 8
Direct Tax collection up to October 8 stood at Rs 8.98 lakh crore, which is 23.8 per cent higher th…
4 mins read
20% tax on foreign remittances make foreign investments unviable for retail investors
Budget announcement of 20% tax on foreign investments to make investments in the US markets less ap…
1 min read
Gross direct tax collections rise 30%
Gross direct tax collections till 2022-23 as on September 17 stood at Rs 8.36 lakh crore, witnessin…
2 mins read
India issues clarifications on additional tax on cryptocurrencies
India is set to levy a 1% TDS on crypto transactions, over and above the 30% tax it already levies.…
4 mins read
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 …
1 min read
Direct Tax Collections (FY 2022-23) records growth at ₹15.67 lakh cr
Direct Tax collections up to February 10 showed that gross collections are at ₹15.67 lakh crore …
2 mins read
Only 2 days left to link PAN with Aadhaar – Missing the deadline will lead to PAN deactivation and more
The Finance Ministry had extended the deadline to link one’s Permanent Account Number (PAN) with Aa…
3 mins read
After cryptos, the taxman could come for your NFTs says a new report
The Indian government, earlier this year, brought virtual digital assets (VDA) under the ambit of t…
2 mins read
ED attaches 32 properties worth ₹70 crore in fraudulent TDS refund case
The Directorate of Enforcement (ED) has attached 32 properties, both including immovable and movabl…
ANI
5 mins read
Cairn accepts India's $1 billion refund offer, says will drop all cases against the government
The offer to return money seized to enforce retrospective tax demand in lieu of dropping all l…
PTI
6 mins read
New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact
A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…