Aug 22, 2019-Thursday

select city

Metro cities - Delhi, Mumbai, Chennai, Kolkata

Other cities - Noida, Gurgaon, Bengaluru, Hyderabad, Bhopal , Chandigarh , Dehradun, Indore, Jaipur, Lucknow, Patna, Ranchi

Thursday, Aug 22, 2019
news about Income tax act
Aug 20, 2019 14:23
India has one of the highest corporate tax rates in the world even after Finance Minister Nirmala Sitharaman this year cut the rate to 25% from 30% for companies with annual sales of up to 4 billion rupees. read more
Aug 02, 2019 21:35
The bill to repeal the archaic laws has already been passed by the Lok Sabha. read more
Jul 30, 2019 17:51
CCD founder VG Siddhartha was under the scanner of income tax department and the ED for alleged irregularities in his association with information technology company Mindtree Ltd. read more
Jul 05, 2019 23:23
Chidambaram said the budget has been prepared without listening to the voices of either ordinary citizens or knowledgeable economists. read more
Jul 05, 2019 14:30
In a key announcement, Nirmala Sitharaman announced that Aadhaar and PAN would be made interchangeable for tax-filing purpose. This means that if you don’t have a PAN, you can file returns using Aadhaar. read more
Jul 05, 2019 09:21
Sources said that the Budget 2019-20 will take the sops announced in the Interim Budget further by raising the basic tax exemption limit for an individual income tax payee to Rs 3 lakh from Rs 2.50 lakh at present to cover for the inflationary impact... read more
Jun 25, 2019 10:26
Are you planning to invest your money in National Savings Certificate (NSC)? Here’s what you should know read more
Jun 06, 2019 23:48
The recommendation could have huge implications for thousands of private schools across the country that use the word. read more
May 28, 2019 10:05
Bonus of any type such as performance linked, sales target linked, ratings linked and incentive schemes are fully taxable. read more
May 13, 2019 15:15
Breaking down and decoding the tax exemption guidelines, to understand them better. read more
Mar 20, 2019 12:12
Electoral bonds, unlike debt instruments, resemble promissory notes, which allow donors to pay political parties with banks as an intermediary. These were introduced after changes in the Finance Act 2017. read more
Mar 14, 2019 23:40
The affidavit was in response to a petition filed by the CPI (M) questioning the law that permits “unlimited and anonymous” corporate funding of elections by way of electoral bonds. read more
Mar 10, 2019 12:23
Under the Income Tax Act, tax collection at source (TCS) is levied at 1 per cent on purchase of motor vehicles above Rs 10 lakh, jewellery exceeding Rs 5 lakh and bullion over Rs 2 lakh. TCS is also levied on other purchases at different rates. read more
Mar 09, 2019 07:32
A parliamentary panel wants the government to finalise the long-pending Direct Tax Code “at the earliest” to simplify and rationalise tax laws further. read more
Feb 01, 2019 16:21
In his budget speech, Goyal said benefits under Section 80-IBA of the Income Tax Act are being extended for one more year, i.e, to housing projects approved till March next year. This proposal would boost supply of affordable housing. read more