Budget 2018: Reduction in corporate tax, long term gains tax will make investments in SME stocks lucrative
The value of these companies or SMEs will increase as the future earnings projections will go up because of the reduced tax
The trend in the stressed assets reveals that major stressed sectors are infrastructure, iron and steel, textiles, aviation and mining.
I-T Department to issue notices to 4 to 5 lakh HNIs trading in bitcoin and other virtual currency for tax evasion
The trigger for the action is understood to be the huge spike being registered in the value of bitcoin and other virtual currency in the recent past.
In reply to Shashi Tharoor's suggestion, govt says it will examine Rs 5 lakh tax exemption proposal for pensioners
MoS for Finance Shiv Pratap Shukla in a letter says proposal for pensioners would be examined during exercise for ensuing Union Budget 2018
The move, which is aimed to make direct taxes - income and corporate - simple, comes ahead of BJP-led government's last full Budget.
NRIs and PIOs are not required to link bank accounts and other services with Aadhaar, Unique Identification Authority of India (UIDAI) said on Friday
Static and mobile surveillance teams will keep a close eye on the flow of cash during the Assembly polls in Himachal Pradesh, the Election Commission said on Sunday.
The tax department had on 31 July stated that "unless a finding is made that Aadhaar is constitutionally not valid, tax return filers will need to link their PAN with Aadhaar by August 31, 2017"
Karnataka Chief Minister Siddaramaiah on Friday questioned the timing of the Income Tax (IT) raids
The apex court said the validity of an legislative act cannot be challenged by creating artificial classes by those who are objecting to a particular provision
Despite the huge delay in setting up the Aadhaar-privacy Constitution Bench, Section 139AA and Aadhaar Act are yet to stand more stringent tests.
The CBDT on Saturday made it clear that Aadhaar will be a "must" for filing of Income Tax Returns or for obtaining a new PAN from 1 July.
The government is certainly right in pointing out that “the uniqueness of Aadhaar helps in elimination of duplicates and fakes from any beneficiary database
The Supreme court has upheld the power of the Parliament to pass any law which mandates linking of the PAN number and Aadhaar number
Attorney General Mukul Rohtagi termed the Supreme Court verdict upholding linking of the Aadhaar number with the PAN as vindicating the government's stand
The Congress said on Friday that the government needs to look at security issues concerning use of Aadhaar.
The Parliament's competence to make Aadhaar mandatory under the Income Tax law cannot be questioned only because Aadhaar is not mandatory under the statute.
The court said that Aadhaar may also facilitate law enforcement agencies to take care of problem of terrorism.
The IT Act provides for mandatory quoting of Aadhaar or the Aadhaar enrolment ID for filing of income tax returns with effect from July 1 this year.
The SC acknowledged the fact that invalidating PAN cards of citizens who have not linked Aadhaar number to PAN by the stipulated date (ie, 1 July, 2017) will have severe consequences.