Finance Ministry Puts Income Tax Calculator Live On Income Tax Dept Portal

New Delhi- Income tax department on Monday released a 'tax calculator' which will help an assessee decide if the new income tax regime announced...

J&K Received Investment Proposals Worth Rs 66,000 Crore: Govt

Srinagar- Jammu and Kashmir is witnessing biggest industrial revolution in the history of UT as private investment proposals worth Rs. 66,000 crore have been received...

Petroleum Products Can Be Included In GST Framework Once States Agree, Says FM

New Delhi- Finance minister Nirmala Sitharaman on Wednesday said that petroleum products can be included in the Goods and Services Tax (GST) framework once...

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),...