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IT department to kickstart faceless verification of returns

Read Time: 3 minutes In a major step towards income-tax proceedings becoming completely faceless, the Income Tax Department under the finance ministry will launch a new...

Insurance6 years ago

Activist to PMO: Why is health insurance charged 18% GST?

Read Time: 2 minutes With the financial year coming to an end, tax-saving is on everyone’s mind. Taking this a step ahead is MP activist Chandrashekhar...

Taxation6 years ago

PERSONAL TAX: Deduction under wrong head may be allowed

Read Time: 3 minutes If a taxpayer while making a claim for a deduction refers a wrong section under the Income Tax Act for the same;...

Taxation6 years ago

FM promises lower corporate tax once GST collections stabilise

Read Time: 2 minutes Finance minister Arun Jaitley on Tuesday promised industry leaders to reduce the corporate tax rate to 25% from 30% for all the...

Personal6 years ago

How self-employed can avoid penalty under presumptive taxation

Read Time: 4 minutes Unorganised sector constitutes approximately 92% of the employed people and around half of India’s GDP. It mainly comprises household manufacturing activity and...

Taxation6 years ago

GST Council defers decision on tax on real estate, extends deadline

Read Time: < 1 minute The GST Council has deferred a decision on tax rates on real estate and lottery till Sunday, and extended the deadline...

Taxation6 years ago

Ailing real estate market may get GST intervention ahead of election

Read Time: 3 minutes The Central government has handed out a big pre-election bonanza to property developers and buyers, by reducing GST on under-construction houses, from...

Business6 years ago

Centre to decide on start-ups to be exempted from angel tax

Read Time: 2 minutes The government will soon decide on the controversial angel tax, Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra said on Thursday....

INVESTMENT: Don't view tax saving as an isolated goal

Personal6 years ago

Don’t View Tax Saving As An Isolated Goal

Read Time: 3 minutes With the New Year comes the hustle of filing taxes and scrambling to invest in ‘tax-saving instruments’. For most people tax-saving is...

Personal6 years ago

PERSONAL TAX: Rental income could be business income

Read Time: 3 minutes A taxpayer was carrying on a manufacturing business since 1963 in an industrial shed, which was taken on rent. In 2004, the...

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IT department to kickstart faceless verification of returns

Activist to PMO: Why is health insurance charged 18% GST?

PERSONAL TAX: Deduction under wrong head may be allowed

FM promises lower corporate tax once GST collections stabilise

How self-employed can avoid penalty under presumptive taxation

GST Council defers decision on tax on real estate, extends deadline

Ailing real estate market may get GST intervention ahead of election

Centre to decide on start-ups to be exempted from angel tax

Don’t View Tax Saving As An Isolated Goal

PERSONAL TAX: Rental income could be business income

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