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Total 2124 results found. Search for [ Direct taxes ]

Results 1 to 21 of 2124
PTI
January 28, 2021
Asked what measures the government could adopt to provide relief to the salaried class, most respondents (74 per cent) felt that an enhancement in the standard deduction on salary income from the existing limit of Rs 50,000 should be considered


Rakesh Nangia
January 27, 2021
Tax policies must adapt to changing times to provide buoyancy and enable companies to undertake business in a time-bound and efficient manner


BusinessToday.In
January 27, 2021
The stakeholders are keenly eyeing the much-anticipated regulatory changes in incentivising the domestic and foreign investments, easing the compliance burden on startups, among other measures, during the Budget 2021


BusinessToday.In
New Delhi, January 26, 2021
The finance minister's announcement that budget 2021 will be like no other has created a lot of euphoria and excitement among citizens. But, at the same time, it has also fuelled concern regarding increase in taxes as the government will have to spend money on infrastructure and sectors affected by COVID such as-healthcare, tourism and hospitality. Watch the video as Rajesh Gandhi, Partner, Deloitte India explains how the balance can be achieved and expectations met given a tight fiscal situation prevailing in the economy. Budget 2021: COVID-19 crisis emphasises need for higher allocation for healthcare sector


Aprajita Sharma
January 25, 2021
In case of no relaxation in residential status, NRIs would have to pay advance tax to avoid penal interest


Ashutosh Kumar
January 22, 2021
Chartered accountants and tax lawyers agree that this is a challenging situation for the NRIs who got stuck in India due to the lockdown in the wake of the pandemic


BusinessToday.In
January 22, 2021
Budget 2021: Multiple associations and experts have opined that the Section 80C limit must be increased. However, most have suggested almost doubling the limit


Aprajita Sharma
New Delhi, January 22, 2021
The benchmark Sensex has breached the psychological 50,000-mark thanks to roll out of COVID vaccines, better-than-expected corporate earnings in third quarter of FY21 and ample global liquidity. The upside momentum seems to continue with record FII inflows and Robinhood investors taking direct participation in equities. What should you do at the current juncture? We highlight key trends in the video. Read: Sensex at 50,000: What happens next?Also watch: Passwords, taxes and more: What you must know about Bitcoin


Rupa Burman Roy
January 21, 2021
Here's a look at the top companies have been a part of the S&P BSE Sensex every year since its inception in 1986


PTI
January 19, 2021
ICICI Lombard had posted a net profit of Rs 294.11 crore in the year-ago period, the company said in a regulatory filing. Gross direct premium income grew 9.2 per cent to Rs 4,034 crore from Rs 3,693 crore, against the industry's 4.9 per cent growth


BusinessToday.In
January 18, 2021
Tesla has incorporated a company in Bengaluru - Tesla India Motors and Energy Private Ltd - with a paid-up capital of Rs 1 lakh and three directors. Its registered address is in the heart of the city, barely a kilometre from the high profile UB City complex


PTI
January 17, 2021
Excise duty collection during April-November 2020, was at Rs 1,96,342 crore, up from Rs 1,32,899 crore mop-up during the same period in 2019, according to data from the Controller General of Accounts (CGA)


PTI
January 17, 2021
Any hike in taxes on luxury cars will hit demand and prevent recovery from the disruptions witnessed last year, according to senior officials of the companies


BusinessToday.In
January 14, 2021
The court stated that CBDT can take a lenient approach in terms of consequences of late filing of tax audit reports; \"We leave it to the better discretion of the CBDT,\" it said


Rukmini Rao
January 14, 2021
NASSCOM recommended extending concessional corporate tax rate to all new IT-BPM units incorporated in SEZs that commence operations within a set period and commit to createcertain number of jobs


Niti Kiran
January 13, 2021
The funding of the deficit is primarily going to be via market borrowing, National Small Savings Funds (NSSF), short term borrowings and drawdown of cash balances


BusinessToday.In
January 13, 2021
The scheme proposes to set up a National Faceless Appeal Centre (NFAC), Regional Faceless Appeal Centres (RFACs) and Appeal units (AUs) which will allocate a recommendation for penalty made under the faceless assessment programme


PTI
January 13, 2021
The amount under litigation includes Rs 4.05 lakh crore in corporation tax, Rs 3.97 lakh crore stuck in income tax cases and another Rs 1.54 lakh crore on account of commodities and services tax, the note said


PTI
January 10, 2021
Foreign Asset Investigation Units (FAIUs) have been recently created in all the 14 investigation directorates of the Income Tax Department located in various parts of the country


BusinessToday.In
January 8, 2021
ITR filing: As per the latest data by the Income Tax India, more than 5.16 crore ITR for AY 2020-21 have been filed till January 6, 2021. Yesterday alone 8,43,506 ITRs were filed


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