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...
RBI Cautions States Against Reverting To Old Pension Scheme
Mumbai- The Reserve Bank has sounded a note of caution on reversion to the old pension scheme by some states, saying it poses a major...
Cryptos Are Nothing But Gambling, Their Value Only Make-Believe: RBI Governor
Mumbai- Reserve Bank governor Shaktikanta Das on Friday reiterated his call for an outright ban on cryptocurrencies, saying these are “nothing but gambling” and...
Direct Tax Collection Grows 24.58% To Rs 14.71 Lakh Crore Till Jan 10
New Delhi- The country’s gross direct tax collection rose 24.58 per cent to Rs 14.71 lakh crore till January 10 this fiscal, buoyed by an...
Sebi Amends Rules For Alternative Investment Funds
New Delhi- Capital markets regulator Sebi has amended the rules governing Alternative Investment Funds (AIFs), Registrars to an Issue and Share Transfer Agents.Under the...
Allow Deductions, Hike Threshold For Levying Peak 30% Tax: Experts
NEW DELHI- Investments in PPF and other tax savings schemes should be allowed as deductions, and the threshold for 30 per cent tax should...
FPIs Begin New Year In Sell-Off Mode; Withdraw Rs 5,900 Crore From Equities In...
NEW DELHI- Foreign investors offloaded nearly Rs 5,900 crore from the Indian equity markets in the first week of January on growing concerns over...
Optional Tax Regime Aims To Provide Relief To Low-Income Bracket People: FM
New Delhi- Finance Minister Nirmala Sitharaman on Friday said the optional income tax regime with seven tax slabs was brought in by the government...