DNA: Why is world afraid of sugar?
Now Germany's Chancellor Olaf Scholz... can implement the rule of imposing tax on sugar... However, Germany is not the first country to impose tax on sugar...
Jun 27, 2024, 01:08 AM IST
Taxpayers Can Now Check If Their Feedback On Financial Transactions Is Acted Upon Or Not: Income Tax Dept Launches New Functionality In AIS
Income Tax Department has taken a new initiative towards ease of compliance and enhanced taxpayer services.
May 14, 2024, 11:15 AM IST
CBDT Signs Record 125 Pacts To Ease Tax Payments By Big Multinational Firms
With this, the total number of APAs since the inception of the APA programme has gone up to 641.
Apr 17, 2024, 08:01 AM IST
10 Countries With The Highest Income Tax Rates
Check out list of 10 Countries In The World where there is high Income Tax
Mar 01, 2024, 10:49 AM IST
10 Countries In The World With Zero Income Tax
Check out list of 10 Countries In The World With where there is Zero Income Tax
Feb 28, 2024, 15:57 PM IST
Direct Tax Collections At 80.23% Of Total Revised Estimates Of Direct Taxes For FY 23-24
Refunds amounting to Rs. 2.77 lakh crore have been issued during 1st April, 2023 to 10thFebruary, 2024.
Feb 12, 2024, 09:25 AM IST
BIG Relaxation! CBDT Relaxes Rules For Valuing Rent-Free Accommodation By Employer, Know How It Will Impact You
The new rules will provide a major relief to top management players or high salaried employees in corporate as their take home salary will increase.
Aug 20, 2023, 14:39 PM IST
Tired Of Paying High Taxes? Maximise Savings By Claiming HRA And NPS
A person can reduce their tax burden by being aware of two essential claims — house rent allowance, or HRA, and NPS benefit.
Jul 25, 2023, 14:20 PM IST
SUVs To Get Expensive; GST Council Proposes New Cess Slabs - Check Here
The GST council has set new rules to identify SUVs, and the body style will now attract more taxes as the councils sets new cess slabs.
Jul 12, 2023, 11:46 AM IST
Tax Implications for Indians Receiving Gifts From NRIs
Individuals need to pay taxes on gifts received from NRIs if the total value of the gift is more than Rs 50,000.
May 26, 2023, 15:10 PM IST
What You Need to Know About NRI Gift Tax in India
Individuals need to pay taxes on gifts received from NRIs if the total value of the gift is more than Rs 50,000.
May 26, 2023, 14:54 PM IST
I-T Dept To Soon Notify Modified Valuation Rules, Investor Classes For Taxing Foreign Investments In Unlisted Cos
FEMA regulations mandate that issue of a capital instrument by an Indian company shall not happen at any value less than Fair Market Value computed as per FEMA laws.
Apr 27, 2023, 20:19 PM IST
10 Income Tax Rules Coming Into Effect From 1 April 2023
New provisions regarding the income tax rules are going to govern us from 1st April 2023.
Mar 27, 2023, 12:45 PM IST
New Mobile Application For Taxpayers Launched, Know Benefits And How To Use The App
Taxpayers can use the AIS mobile app to view their information related to TDS/TCS, interest, dividends, share transactions, tax payments, Income Tax refunds, and Other Information.
Mar 23, 2023, 08:29 AM IST
What is Pink Tax, which makes the products of girls expensive?
Pink Tax is not a real tax, but it is the price that women are paying for being women. And it is not imposed by the government, but by the companies, the prices of the products are specially made and sold in the name of women. So how does this pink tax work, we give complete information.
Mar 08, 2023, 18:52 PM IST
#Cigarette Takes Twitter by Storm as Budget 2023 Announced 16% Tax Hike; Netizens Post Hilarious Memes
FM Nirmala Sitharaman tabled the union budget 2023-24 on Wednesday in Parliament, which was the last full budget for the Modi 2.0 government.
Feb 01, 2023, 17:36 PM IST
Budget 2023: Capital Gains Tax Should be Rationalised; Need Simpler ITR Form for Disclosing Such Income, Say Experts
The Finance Ministry is already working on a user-friendly common income tax return form for all taxpayers and an announcement to this effect is expected in the 2023-24 Budget to be unveiled on February 1.
Jan 29, 2023, 14:42 PM IST
Open NPS account with your wife's name to get guaranteed Rs 44,793 every month; Check out the way here
You can deposit money every month or yearly as per your convenience in the New Pension System (NPS) account. You can open an NPS account in the name of your wife with just Rs 1,000.
Aug 13, 2022, 20:20 PM IST
Budget 2022: ICAI seeks tax, accounting reforms
The suggestions include permitting carry back of losses and introducing suitable legislative amendments for its application.
Jan 29, 2022, 21:42 PM IST
Budget 2022: What Is Wealth Tax & Why Was It Abolished?
The Wealth Tax Act, 1957 was an Act of the Parliament of India that provides for the levying of wealth tax on an individual, HUFs or company. The wealth tax was levied on the net wealth of a person on 31 March of every year. Wealth tax was abolished in the Union Budget (2016–2017) presented by Union Finance Minister Arun Jaitley on 28 February 2016. It was then replaced with an additional surcharge of 2 per cent on the super rich with a taxable income of over 1 crore annually.
Jan 21, 2022, 12:40 PM IST
