Read Time: 3 minutesIn a major step towards income-tax proceedings becoming completely faceless, the Income Tax Department under the finance ministry will launch a new mechanism...
Read Time: 2 minutesWith the financial year coming to an end, tax-saving is on everyone’s mind. Taking this a step ahead is MP activist Chandrashekhar Gaur...
Read Time: 3 minutesIf a taxpayer while making a claim for a deduction refers a wrong section under the Income Tax Act for the same; can...
Read Time: 2 minutesFinance minister Arun Jaitley on Tuesday promised industry leaders to reduce the corporate tax rate to 25% from 30% for all the companies...
Read Time: 4 minutesUnorganised sector constitutes approximately 92% of the employed people and around half of India’s GDP. It mainly comprises household manufacturing activity and small...
Read Time: < 1 minuteThe GST Council has deferred a decision on tax rates on real estate and lottery till Sunday, and extended the deadline for...
Read Time: 3 minutesThe Central government has handed out a big pre-election bonanza to property developers and buyers, by reducing GST on under-construction houses, from 12...
Read Time: 2 minutesThe government will soon decide on the controversial angel tax, Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra said on Thursday. He...
Read Time: 3 minutesWith the New Year comes the hustle of filing taxes and scrambling to invest in ‘tax-saving instruments’. For most people tax-saving is more...
Read Time: 3 minutesA taxpayer was carrying on a manufacturing business since 1963 in an industrial shed, which was taken on rent. In 2004, the taxpayer...