6 Income Tax Rules Kicking In From Tomorrow, October 1
From tomorrow, i.e 1 October 2024, several proposals announced by Finance Minister Nirmala Sitharaman during her Budget 2024-25 announcement will come into effect.
Sep 30, 2024, 11:38 AM IST
New Rule For Taxpayers Kicks In From Tomorrow, 1 October 2024 -- Details Of Direct Tax Vivad Se Vishwas Scheme 2024
The rules pertaining to Direct Tax Vivad Se Vishwas Rules 2024, which will provide lesser settlement amounts for a ‘new appellant’ in comparison to an ‘old appellant’.
Sep 30, 2024, 11:28 AM IST
From Tax On Buy Back Of Shares To Latest TDS Rates -- Here Are 6 Income Tax Rules Effective From October 1
Here Are 6 Income Tax Rules That Will Be Effective From October 1
Sep 27, 2024, 11:04 AM IST
CBDT Notifies New Rule For Taxpayers Effective From 1 October 2024 -- Here's All You Want To Know About Direct Tax Vivad Se Vishwas Scheme, 2024
The Central Board of Direct Taxes (CBDT) has notifies Rules and Forms for Direct Tax Vivad Se Vishwas (DTVSV) Scheme, 2024, that provides for lesser settlement amounts for a ‘new appellant’ in comparison to an ‘old appellant’.
Sep 23, 2024, 10:56 AM IST
GST 2.0 Will Further Ease Tax Compliances And Boost Economic Growth
The Finance Minister proposed some measures in the Budget to signal that new GST 2.0 will unlock trade potential and further ease compliances in the tax laws to foster further economic growth.
Sep 22, 2024, 17:09 PM IST
Mahindra Q1 Net Profit Rises 20 Per Cent At Rs 3,283 Crore; Revenue At Rs 37,218 Crore
The Mahindra & Mahindra retained market leadership in SUVs with 21.6 per cent revenue market share and in LCVs in the more than 3.5 tonnes category, it crossed 50.9 per cent volume market share.
Jul 31, 2024, 17:05 PM IST
DNA: Why is world afraid of sugar?
Now Germany's Chancellor Olaf Scholz... can implement the rule of imposing tax on sugar... However, Germany is not the first country to impose tax on sugar...
Jun 27, 2024, 01:08 AM IST
Taxpayers Can Now Check If Their Feedback On Financial Transactions Is Acted Upon Or Not: Income Tax Dept Launches New Functionality In AIS
Income Tax Department has taken a new initiative towards ease of compliance and enhanced taxpayer services.
May 14, 2024, 11:15 AM IST
CBDT Signs Record 125 Pacts To Ease Tax Payments By Big Multinational Firms
With this, the total number of APAs since the inception of the APA programme has gone up to 641.
Apr 17, 2024, 08:01 AM IST
10 Countries With The Highest Income Tax Rates
Check out list of 10 Countries In The World where there is high Income Tax
Mar 01, 2024, 10:49 AM IST
10 Countries In The World With Zero Income Tax
Check out list of 10 Countries In The World With where there is Zero Income Tax
Feb 28, 2024, 15:57 PM IST
Direct Tax Collections At 80.23% Of Total Revised Estimates Of Direct Taxes For FY 23-24
Refunds amounting to Rs. 2.77 lakh crore have been issued during 1st April, 2023 to 10thFebruary, 2024.
Feb 12, 2024, 09:25 AM IST
BIG Relaxation! CBDT Relaxes Rules For Valuing Rent-Free Accommodation By Employer, Know How It Will Impact You
The new rules will provide a major relief to top management players or high salaried employees in corporate as their take home salary will increase.
Aug 20, 2023, 14:39 PM IST
Tired Of Paying High Taxes? Maximise Savings By Claiming HRA And NPS
A person can reduce their tax burden by being aware of two essential claims — house rent allowance, or HRA, and NPS benefit.
Jul 25, 2023, 14:20 PM IST
SUVs To Get Expensive; GST Council Proposes New Cess Slabs - Check Here
The GST council has set new rules to identify SUVs, and the body style will now attract more taxes as the councils sets new cess slabs.
Jul 12, 2023, 11:46 AM IST
Tax Implications for Indians Receiving Gifts From NRIs
Individuals need to pay taxes on gifts received from NRIs if the total value of the gift is more than Rs 50,000.
May 26, 2023, 15:10 PM IST
What You Need to Know About NRI Gift Tax in India
Individuals need to pay taxes on gifts received from NRIs if the total value of the gift is more than Rs 50,000.
May 26, 2023, 14:54 PM IST
I-T Dept To Soon Notify Modified Valuation Rules, Investor Classes For Taxing Foreign Investments In Unlisted Cos
FEMA regulations mandate that issue of a capital instrument by an Indian company shall not happen at any value less than Fair Market Value computed as per FEMA laws.
Apr 27, 2023, 20:19 PM IST
10 Income Tax Rules Coming Into Effect From 1 April 2023
New provisions regarding the income tax rules are going to govern us from 1st April 2023.
Mar 27, 2023, 12:45 PM IST
New Mobile Application For Taxpayers Launched, Know Benefits And How To Use The App
Taxpayers can use the AIS mobile app to view their information related to TDS/TCS, interest, dividends, share transactions, tax payments, Income Tax refunds, and Other Information.
Mar 23, 2023, 08:29 AM IST
