I-T Deptt To Come Out With Modified Valuation Norms For ‘Taxing’ Foreign Investments In...
New Delhi- The Income Tax Department is likely to come out with modified valuation rules under the I-T Act for ascertaining the fair market...
Tax Demand Case: Flipkart Gets Relief Till Feb 24
Bengaluru- The Income Tax department has assured the High Court of Karnataka that no coercive action will be taken against Flipkart India Private Limited...
Govt Asks IRDA & Insurance Cos To Address Six Major Concerns To Reduce Pendency...
New Delhi- The government on Wednesday flagged six major issues, including ambiguity in insurance contracts and inflexible policy terms, before regulator IRDAI and other...
I-T Dept Spends 57 Paise For Every Rs 100 Of Tax Collection: Official
Hyderabad- Income-tax collection cost that the I-T Department incurs in the country is one of the lowest in the world at Rs 0.57 for...
GST Collection At Rs 1.55 Lakh Cr In Jan, Second Highest-Ever
New Delhi- The GST collection in January surged to over Rs 1.55 lakh crore, the second highest-ever mop-up, the finance ministry said on Tuesday.
"The...
LIC Says It Has Exposure Of Rs 36,474.78 Crore To Adani Group
Mumbai- Life Insurance Corporation (LIC) on Monday said it has an exposure of Rs 36,474.78 crore to Adani group's debt and equity, and the...
More Than 5 Crore Citizens Subscribe To Atal Pension Yojana: PFRDA
New Delhi- Pension Fund Regulatory & Development Authority (PFRDA) on Monday said more than 5 crore people have enrolled under Atal Pension Yojana (APY),...
Capital Gains Tax Should Be Rationalised; Need Simpler ITR Form For Disclosing Such Income:...
New Delhi- The Budget should bring in a simpler income tax return form for assessees having only capital gains or dividend or interest income,...
EPFO Adds 16.26 Lakh Net Subscribers In Nov, 2022
New Delhi- Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to...
Increase Tax Rebate Benefits For Consumption Expenditure In Budget: PHDCCI
New Delhi- Industry body PHDCCI on Tuesday sought increase in the tax rebate benefits for consumption expenditure, reduction in the cost of doing business...