Finance Act

Budget 2018: From reduction in corporate tax to GST compliance, KPMG draws up its wishlist

Absence of a standard deduction puts the salaried taxpayers at a disadvantage particularly when the inflation is all pervasive in the economy

Supreme Court to hear pleas challenging Finance Act provisions on 23 November

The Finance Act changed the search and selection and removal process of members and presiding officers of tribunals including the Central Administrative Tribunal (CAT).

Why the new income tax provisions kicking in from 1st April 2017 is a mixed bag

Income tax raids can be carried out on charitable and educational institutions come April 2017 if there is a suspicion of them being used for ulterior purposes including tax evasion and money laundering

Pharma has six pain points; Budget 2017 should address them to boost growth

A few amendments announced by the Union Budget 2016 caused some concern for the pharma sector.

Black money worth around Rs 44,000 cr recovered in last two fiscal years, says govt

Searches in 990 groups of assessees and surveys in 9,457 cases were conducted