.jpg "A decision to extend the norms for mandatory packaging in jute materials was taken by the Union Cabinet today")
Exports, which form a third of the sector's revenue of Rs 12,000 crore, are seeing a 15 per cent dip this fiscal, after falling 8 per cent last fiscal, as overseas channel partners continue to destock amid slowdown worries...
The global banking and markets vertical contributed the most to the profits, delivering a PBT of USD 408 million as against USD 324 million in the year-ago period
About 5.83 crore income tax returns were filed as on July 31 last year, the last day for filing returns for assessment year 2022-23
As per the tax return data filed in assessment year (AY) 2022-23, relating to income earned in fiscal 2021-22), 1,69,890 individuals have shown total income of above Rs 1 crore
Oil marketing companies (OMCs) may see operating profit rebounding to Rs 1 lakh crore this fiscal, compared with an average of Rs 60,000 crore between fiscals 2017 and 2022, and thrice of the last fiscal's low of Rs 33,000...
The government has amended the provisions of the money-laundering law to allow the ED to share information with the GST network. The move would help in the recovery of the GST evaded through money laundering
“PCs, laptops, and tablets connect us to the world of education, business, entertainment and everything else. The government must take all steps to avoid short supply and market disruption. One way is announcing objective...
Toll collection stood at Rs 1,000 crore in April-June quarter of preceding 2022-23, IRB said in a statement
Transparency is more important than uniformity and states should ensure that everything gets reported in some form or the other because the market values...
You should be a joint owner of the property, should be a co-borrower, and should service the loan to avail of tax benefits for a joint home loan.
Capitals gains will be computed as per the value mentioned in the stamp duty or the circle rate. Rooms in a chawl are generally held on a tenancy basis and not...
While the income gap and pension gap already puts women at a disadvantage, now the pink tax further contributes to economic inequality between men and women....
To file your income tax return with the ITR-1 Sahaj form, you would need Form 16, house rent receipt (if applicable), investment payment premium receipts (if...
Finance Minister Nirmala Sitharaman will be presenting her fifth Budget that may do a tightrope walk between staying fiscally prudent and meeting general...
The income tax department launched a new AIS on the compliance portal in 2021, to give taxpayers a comprehensive view of their financial transactions during a...
A deferred annuity plan could help you with a steady cash flow in your retirement years. That said, it’s important to not buy one that doesn’t align with...
The sudden New Year's Day announcement, made by Dubai's two state-linked alcohol retailers, came apparently from a government decree from its ruling Al Maktoum...
However, the corporate tax collection is yet to surpass its five-year high of 3.51 per cent of GDP recorded in 2018-19
Tax on ESOPs is levied at two stages, once while exercise the option and once while selling. There is no restriction on the number of times a person can claim...
On Saturday, the government ended the levy on export taxes on steel and iron ore, six months after it was imposed.
Here are the TDS compliances you will need to adhere to while buying or selling a house property.
Senior and super senior citizens get extra tax benefits and deductions, but many are not using them. Know the deductions and benefits that Income Tax Act...
Many companies, including Infosys Ltd. and Hindustan Copper Ltd., have announced dividends for shareholders recently. Hence, it is vital to know your tax...
Here’s how to set up a systematic investment plan (SIP) for an NPS account (Tier I and Tier II) online (D-Remit) or offline (NPS POP) and the cost applicable...
You can gift shares to your friends and relatives through both the online and offline processes. Here’s the way to go about it and the applicable tax and...
