Nirmala Sitharaman holds first pre-Budget consultations with representatives of digital economy, startups
Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on 1 February.
Disability pension tax: Rather than vilifying soldiers, Defence Ministry should work with forces to prevent dishonest claims
Rather than ordering a blanket change of rules on disability pension tax, the Ministry of Defence should work with the armed forces to institute a foolproof and verifiable system for disability claims
Startups seek scrapping of contentious angel tax proposal; govt may increase investment limit for exemption
Various startups have raised concerns on notices sent to them under the Section 56 of Income Tax Act to pay taxes on angel funds received by them.
Affordable housing: Why are builders enjoying 100% income tax holiday and not passing on benefits to home-buyers?
Budget 2019 has given one more year to builders to seek approval from competent authority for their housing projects
One may be petrified by the prospect of interest outstripping the principal but then there is something called time value of money—you get to enjoy a house now which you cannot afford now.
I-T Department to soon decide on startups to be exempted from angel tax; multilayer checking system in place to find eligible firms
Last month, the government eased the procedure for seeking income tax exemption by startups on investments from angel funds and prescribed a 45-day deadline for a decision on such applications.
Govt to form working group to resolve angel tax issue of startups; I-T officers instructed not to enforce recovery
Ranjan said income tax officers have already been instructed not to enforce recovery of angel tax and dispose of their appeals on priority.
interim finance minister Piyush Goyal rattled out sops for the middle class, the unorganised sector and farmers in his budget speech on Friday.
The government has eased the procedure for startups to seek income tax exemption on investments from angel funds as part of efforts to address concerns of budding entrepreneurs
Several startups have raised concerns on taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation of funds received by an entity.
A total of 27 states and three Union Territories participated in the ranking of developing best startup ecosystem for budding entrepreneurs.
I-T Department proposes online filing of tax exemption application from educational institutions, hospitals and charitable trusts
The Income Tax Department sought comments from stakeholders by 12 November on the amended rules and application forms seeking tax exemptions by such entities.
At present, the exemption limit for GST is for businesses having an annual turnover of Rs 20 lakh or less.
The new tax benefit is, however, going to make senior citizens more wanted.
Budget 2018: Maternity benefits, low income taxes and agri infrastructure should be high on Arun Jaitley's agenda
There's a lot of pressure on Finance Minister Arun Jaitley to deliver in the upcoming Budget 2018-19. Will he chose politics over the economy, or find a way to keep both happy?
Industries in the north eastern and Himalayan states will continue to get tax exemption till March 2027, Finance Minister Arun Jaitley said
You cannot afford to be complacent about these rules that are known among the tax experts in their own jargon as---the clubbing provisions
Madhya Pradesh chief minister Shivraj Singh Chouhan on Sunday announced exemption for soldiers from paying toll-tax on highways in the state.
GST rollout: Revenue Secretary Hasmukh Adhia says regime will bring transparency, benefit honest taxpayers
GST will not alter the prices of essentials and daily use items like salt and soaps as they have either been exempt or tax on them has been kept at the current level
Universities going cashless would spread to other institutions and establishments given the me-too attitude of the Indians by and large