Coronavirus lockdown: In a notification the ministry said that this decision has been taken for people whose renewal dates for motor and health insurances fall in the lockdown period

With the promulgation of the ordinance, the last date for filing income tax returns for 2018-19 as well as that for linking PAN with biometric ID Aadhaar has been extended by three months to June 30

It also extends date till June 30 for passing of order or issuance of notices by the authorities under various direct taxes and Benami law. Besides, date for 'Vivad Se Viswas' scheme has also been extended by three months till June-end

Chidambaram recommended cutting GST rates by 5 per cent on all wage goods, essential goods and services, and all goods of mass consumption for the period 1 April to 30 June

FM Sitharaman addressed taxpayers' concerns related to income tax returns, corporates' demand  related to compliance, GST deadline, IBC related matters, and other related compliances

The FM announced extension of deadline for PAN-Aadhaar linking and Vivad Se Vishwas Scheme till June 30, 2020

The FM's latest announcement has come in the backdrop of coronavirus outbreak. The deadly virus has killed 11 people. And 482 have been tested positive, according to ICMR

Sensex, Nifty Live News Today: BSE 30-share index Sensex rose 722 points to trade at 26,767. Similarly, NSE 50-share barometer Nifty climbed 206 points higher to 7,816 mark.

Coronavirus India latest updates: Prime Minister Narendra Modi said on Tuesday that the nationwide lockdown will be in effect from midnight to save every Indian. The 21-day lockdown period is to prevent the further spread of COVID-19

Coronavirus outbreak: EPFO has asked beneficiaries, employers and pensioners to avail its services online instead of coming to its offices

If you have still not calculated your taxable income and total tax liability for the financial year against your investments, you should immediately do it to avoid paying higher taxes

PAN-Aadhaar linking:  If the PAN card becomes inoperative, then the assessing officer shall levy Rs 10,000 under section 272 B of the Income tax Act

PAN-Aadhaar linking: Any person with an inoperative PAN card will be liable for all consequences under the I-T Act for not furnishing, intimating or quoting the permanent account number

Observing that digital payments in India have been growing rapidly, RBI said a digital payments index will be launched soon

RBI Monetary Policy: In a bid to ensure sufficient liquidity in the system, the apex bank has decided to conduct term repos of one-year and three-year tenors of appropriate sizes for up to a total amount of Rs 1 lakh crore at the policy repo rate

There is a compelling logic for setting up a high powered commission of inquiry to probe the ongoing bartering of citizen's databases and transfer of national data assets to foreign entities

The government on Saturday proposed a new levy of 1% TDS (tax deducted at source) on e-commerce transactions, a move that could increase burden on sellers on such platforms

Tax experts say this is an extremely harsh and retrograde provision which has been introduced without much thinking

Budget 2020: In today's speech, the FM broke her own record and delivered the longest Union Budget speech, which was 159 minutes long

Budget 2020: The benefit falls under section 80EEA which was introduced by the finance minister in her maiden budget presentation in July last year