Latest News on Income Tax Law
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Income Tax Law - Total results - 4
May 06, 2019
1% drop in I-T return filings: Number of high-income earners going up is the silver lining; need to bring more rich into netIt is unfair to expect an encore of this feat every year especially when the demonetisation year itself witnessed a flood of hike in income tax return filers.
Oct 24, 2018
Demonetisation: Narendra Modi govt's moves to curb black money reaps benefits with increased tax collectionThe Narendra Modi government has done remarkably well on the taxation front and its subset black money.
Sep 28, 2018
TDS regime under GST takes off from 1st October 2018: Government procurements alone targeted for the time beingThe TDS rate is 2 percent on the value of goods or services supplied ignoring GST. And there is an exemption from TDS requirement for the value of contract not exceeding Rs 2,50,000
May 14, 2018
Walmart-Flipkart $16 bn deal: Income Tax Department to seek share purchase pact from Flipkart to ascertain tax liabilityIn the Walmart-Flipkart deal, the revenue department will go through the share purchase agreement to ascertain the purpose of investment and the emanating gains.