Monday, December 23, 2024

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income tax

Budget 2020: Dual tax regime, a complicated tax structure that may require professional help

Finance Minister Nirmala Sitharaman today announced a new dual regime of taxation for individuals and HUF (Hindu Undivided Family). This is first time in Income tax where such dual regime would be applicable. 

Govt clarifies Income Tax for NRIs, says only those NRIs who are not residents of any country will be taxed in India

If any NRI is not a resident of any country in the world, he'll be deemed to be a resident of India for Income Tax

Budget 2020: Here is the list of exemptions that taxpayers will have to give up in the new optional tax regime

In the Budget 2020 speech, the FM announced a new optional tax regime for taxpayers of the country.

Budget 2020: Here is all you need to know about new optional personal tax regime where the govt foregoes Rs. 40,000 crores in revenue

Finance Minister Nirmala Sitharaman has proposed a new income tax regime for the country

A Taxpayer Charter will be enshrined into the laws, harassment of taxpayers will not be tolerated: Finance Minister during budget speech

Tax harassment can’t be tolerated when we are talking about citizens and wealth creators, FM said

Watch: Bundles of currency were showered from building during DRI raid in Kolkata

Officials from the DRI said a search in a private office of Hoque Merchantile Pvt Ltd, on that floor, was underway when the incident occurred.

Income Tax Tribunal rejects plea by Gandhis in National Herald tax evasion case, says Young Indian is not a charitable organisation

Income Tax tribunal held that Young Indian's activities cannot be termed charitable and ordered to reopen the Rs 100 crore tax file

Government clarifies that there is no ‘Gold Amnesty Scheme’ after media publishes misleading reports

 Media houses had reported earlier today that the government may soon announce a 'gold amnesty scheme' which will fix a holding limit for gold and will tax Indians over a certain amount of gold.

Income tax raids premises of ‘Kalki Bhagwan’, founder of ‘Oneness University’, unaccounted cash worth Rs 93 crore recovered

Last week on Wednesday, IT sleuths carried out raids at various premises owned by self styled guru Kalki Bhagawan

ED files chargesheet against Kamal Nath’s nephew Ratul Puri, says he defrauded Rs 8000 crores

The ED had arrested Puri on August 20. He was sent into judicial custody by the court till October 17.

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