Govt planning to impose tax on junk food
The government is planning to impose tax on junk food. Watch the full news story to know more!
Apr 08, 2016, 13:30 PM IST
Panama Papers: Tax adventurism will prove extremely costly, says FM Jaitley
Amid reports of some Indians having unaccounted wealth in tax havens, Finance Minister Arun Jaitley on Monday said those who did not take advantage of the compliance window last year to declare illegal assets abroad will find "such adventurism extremely costly".
Apr 04, 2016, 12:59 PM IST
7 ways by which you can get Income Tax refund at the earliest
Here are the 7 ways using which you can get income tax returns at the earliest
Apr 02, 2016, 19:02 PM IST
EPFO puts on hold new PF withdrawal norms till April 30
Retirement fund body EPFO today deferred till April 30 implementation of new norms that restrict 100 per cent withdrawal of provident fund by members after unemployment of more than two months, among others
Apr 01, 2016, 20:18 PM IST
Government slashes interest rates on PPF, NSC
Big dent in your savings as govt slashes PPF, NSC rates. Watch the complete news to get full overview of the happenings.
Mar 19, 2016, 16:14 PM IST
Cuba to eliminate tax on US dollars
Cuban Foreign Affairs Minister Bruno Rodriguez said that the government will eliminate the 10 percent tax levied on US dollars entering the country.
Mar 18, 2016, 07:54 AM IST
CBDT sets up dedicated structure for delivery, monitoring of tax payer services
Grievance redressal is a major aspect of citizen centric governance and is an important feature of the activities of the Income Tax Department
Mar 07, 2016, 17:38 PM IST
Confusion on EPF due to bad phrasing in Budget speech: Adhia
Union revenue secretary Hasmukh Adhia today defended the proposal to tax Employee's Provident Fund withdrawals, saying the intention was only to encourage investment in pension schemes, but the phrasing in the Budget speech caused the confusion.
Mar 05, 2016, 22:47 PM IST
GAAR: CBDT says no unfettered powers given to tax officers
CBDT has said the taxman has not been given any "unfettered" power and adequate safeguards have been deployed for regulating the provisions aimed to check tax evasion from overseas locations.
Mar 02, 2016, 21:52 PM IST
Tax demand on Vodafone, Cairn cannot be disputed: CBDT
CBDT Chairman Atulesh Jindal said "as long as" the retrospective amendment of the IT Act passed by Parliament remains valid, the "demand (of tax against them) remains valid."
Mar 01, 2016, 17:36 PM IST
Budget 2016: Tax incentives welcome, but more measures needed, say startups
The startup community reacted positively to the tax incentives announced in the Budget, but feels the government has not done enough to address their near-term concerns.
Feb 29, 2016, 18:32 PM IST
Tax reforms, ease of doing business: Arun Jaitley's 9 pillars to transform India
Finance Minister Arun Jaitley Monday listed 'nine pillars' including tax reforms, promoting ease of doing business and ensuring fiscal discipline, that will transform India.
Feb 29, 2016, 11:53 AM IST
Union Budget 2016-17 to be presented today; Income tax exemption limit likely to be hiked
On the income tax front, the Budget 2016 may continue with the status quo on the tax slabs while it may tinker with the exemptions.
Feb 29, 2016, 08:36 AM IST
Refrain from raising income tax exemption limits: Survey
The Economic Survey Friday said the government should refrain from raising exemption limits on income tax to facilitate natural growth of individual earnings and widen the taxpayers base, even as it suggested widening of property tax.
Feb 26, 2016, 17:59 PM IST
Competitive tax rates needed to make India manufacturing hub: Arun Jaitley
India needs competitive tax rates to become an attractive manufacturing hub that will help create jobs and boost economic growth, Finance Minister Arun Jaitley said Wednesday.
Feb 24, 2016, 22:38 PM IST
Direct tax collection at Rs 5.47 lakh crore till Feb 13
Total collection from direct taxes stood at Rs 5.47 lakh crore as on February 13, which is 68.7 percent of the budget target for the fiscal.
Feb 22, 2016, 20:19 PM IST
Govt took decision in favour of Vodafone also: Ravi Shankar Prasad
Rejecting Vodafone's criticism over the Rs 14,200-crore tax notice, Telecom Minister Ravi Shankar Prasad today said in the past government had taken decision in the "favour" of the UK-based telecom giant also.
Feb 17, 2016, 23:04 PM IST
Budget 2016: Exempt REITs from DDT, stamp duty, says CBRE
Real Estate Investment Trusts should be exempted from the dividend distribution tax and stamp duties in the upcoming Union Budget so as to make them attractive to domestic and foreign investors, says property consultant CBRE.
Feb 17, 2016, 17:15 PM IST
India lightly taxed; help govt collect more: Sinha to CA
India is a "lightly taxed" nation, Minister of State for Finance Jayant Sinha said Thursday, urging CAs to help the government collect due taxes and raise the tax-GDP ratio to 20 percent.
Feb 11, 2016, 19:22 PM IST
I-T dept identifies up to 5,000 MNCs late on tax payments
Income Tax Department has identified 4,000-5,000 foreign companies based in this megapolis that are not paying taxes on time, including due to tax disputes, and expects to soon recover from them dues totalling nearly Rs 8,000 crore.
Feb 10, 2016, 22:31 PM IST
