BSE seeks clarity on tax on convertible securities
Top bourse BSE has asked the government to provide clarity on whether securities transaction tax (STT) is applicable on convertible securities like preference shares and warrants.
Feb 10, 2016, 18:18 PM IST
Spurt in indirect tax mop up to help govt meet FY16 target
After two successive years of revising downward the tax revenue target, fiscal 2015-16 which ends on March 31 is likely to see tax revenue target of Rs 14.49 lakh crore being met.
Feb 10, 2016, 13:27 PM IST
LTCG tax concession for under construction property
Home Buyers might get a tax rebate from LTCG for their under construction property.
Feb 05, 2016, 10:13 AM IST
MNCs too responsible for tax rows, not only govt: Raghuram Rajan
Blaming multinational corporations squarely for tax controversies, Reserve Bank Governor Raghuram Rajan Thursday said their indulgence in avoidance and evasion results in prolonged legal battles.
Feb 04, 2016, 23:39 PM IST
Panel discussion on non-cooperation movement to curb corruption- Part III
The Nagpur bench of Bombay High Court expressed serious concern over the growing number of corruption cases and called on the citizens to launch a non-cooperation movement if the government fails t
Feb 03, 2016, 20:00 PM IST
Panel discussion on non-cooperation movement to curb corruption- Part II
The Nagpur bench of Bombay High Court expressed serious concern over the growing number of corruption cases and called on the citizens to launch a non-cooperation movement if the government fails t
Feb 03, 2016, 19:58 PM IST
Panel discussion on non-cooperation movement to curb corruption
The Nagpur bench of Bombay High Court expressed serious concern over the growing number of corruption cases and called on the citizens to launch a non-cooperation movement if the government fails t
Feb 03, 2016, 19:57 PM IST
Stolen data issue impacts tax cooperation with India: Swiss government
Switzerland's tax cooperation with India is being negatively impacted over the "contentious" issue of sharing information based on illegally obtained data, according to the Swiss government.
Feb 03, 2016, 19:36 PM IST
Mauritius to begin automatic tax info exchange from September 2018
Mauritius will start automatic exchange of tax information with other nations only from September 2018, as it has postponed by a year implementation of global common reporting standard on tax matters.
Jan 31, 2016, 22:13 PM IST
Over 11 lakh file tax returns under special drive by IT department
Over 11 lakh taxpayers have filed their IT returns for Assessment Year 2014-15 after the department tracked them under a special drive to identify those who have not filed their returns despite having an obligation to do so, according to official data.
Jan 31, 2016, 21:33 PM IST
Insurance industry seeks hike in tax exemption limit
Government should raise tax exemption limit for health insurance and introduce fiscal measures to help increase its penetration, say industry officials.
Jan 31, 2016, 20:52 PM IST
Black money: Significant progress in tax cooperation with India, says Swiss govt
India and Switzerland have been working closely on mutual administrative assistance on tax matters and both sides have expressed their willingness to step up the cooperation.
Jan 31, 2016, 20:07 PM IST
Retrospective Tax is thing of the past, will never be opened again: PM Narendra Modi
Addressing the business leaders of France and India here in presence of French President Francois Hollande, Modi said his government wants to ensure that foreign investors are clear about tax systems that will prevail in India over the next 15 years.
Jan 24, 2016, 20:05 PM IST
Tax payers can now e-verify ITRs using bank, demat a/c details
Currently an Income-Tax Return or ITR can be e-verified by using internet banking, email or an Aadhaar number-generated One Time Password (OTP).
Jan 22, 2016, 19:21 PM IST
Tax refund totals Rs 65,000 cr so far this fiscal: FinMin
The Income Tax department has issued a record Rs 65,000 crore worth refunds so far this fiscal, Finance Ministry said Saturday.
Jan 16, 2016, 16:05 PM IST
Govt may lower long-term capital gain tax for unlisted companies
Government Saturday hinted at lowering the long-term capital gain tax on investments made in unlisted firms, particularly startups, in the Budget for the next financial year, to bring them closer to the levels prevalent for the listed companies.
Jan 16, 2016, 15:56 PM IST
Antim Baazi: Analysis Of PSU Banking Sector
Analysis Of PSU Banking Sector
Dec 17, 2015, 16:31 PM IST
FinMin raises monetary limit for filing appeals in tax cases
Seeking to reduce tax litigation by about 50 percent, the Finance Ministry today raised the monetary limit for filing appeals to Rs 10 lakh in appellate tribunal, and Rs 20 lakh in High Courts.
Dec 15, 2015, 23:28 PM IST
I-T Dept simplifies online rectification of TDS in ITR
Aimed at making life easier for tax payers, the I-T department on Thursday said it simplified the process of online rectification of incorrect details of tax deducted at source (TDS) filed in the income tax return (ITR).
Dec 10, 2015, 17:59 PM IST
