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www.businesstoday.in
February 13, 2018
There are around 12 lakh active companies in the country, out of which about 7 lakh are filing their returns with the ministry of corporate affairs. Of this, about 3 lakh companies show 'nil' income.


www.businesstoday.in
February 9, 2018
In an advertisement, the I-T department asked companies, firms, LLPs, trusts, associations and political parties (whose income prior to claim of exemptions exceeds the minimum chargeable to tax) to file income tax.


www.businesstoday.in
February 9, 2018
The Tax Department in public advertisements issued in leading dailies cautioned eligible trusts, political parties and associations to file their income tax returns by this final deadline and come clean.


www.businesstoday.in
February 7, 2018



www.businesstoday.in
New Delhi, February 7, 2018
You could have received a demand notice for anything from failing to report interest income to erroneously leaving a mandatory field empty. But all that is now set to change.


www.businesstoday.in
February 7, 2018
This move follows the extensive survey operations conducted by tax sleuths at cryprocurrency exchanges across the country last December under provisions of Income Tax Act.


www.businesstoday.in
New Delhi, February 6, 2018
From now on, the taxman will not issue demand notice to taxpayers in case there is a minor mismatch between their income tax return (ITR) and the corresponding tax credit data collected by the department from banks and other financial institutions.


www.businesstoday.in
February 6, 2018



www.businesstoday.in
New Delhi, February 6, 2018
The Budget has taken the first step towards resolving issues around the Insolvency and Bankruptcy Code.


www.businesstoday.in
February 5, 2018



www.businesstoday.in
February 5, 2018
Mutual funds investments have seen a huge rise in inflows. Domestic funds had invested a staggering over Rs 1 lakh crore in the stock market last year, much higher than over Rs 48,000 crore infused in 2016 and more than Rs 70,000 crore in during 2015.


www.businesstoday.in
New Delhi, February 5, 2018
Brushing aside criticism of the newly announced mega healthcare scheme, Niti Aayog Vice- Chairman Rajiv Kumar has said it is a \"game changer.\"


www.businesstoday.in
February 5, 2018
Finance minister Arun Jaitley told a news channel that the budget for 2018-19 estimates this tax collection during 2018-19 as Rs 20,000 as all earnings till January 31 this year are exempt from the tax under the grandfathering clause to avoid retrospective taxation.


www.businesstoday.in
February 1, 2018



www.businesstoday.in
February 1, 2018



www.businesstoday.in
New Delhi, February 1, 2018
Budget 2018 has been kinder to senior citizens, in order to allow them a \"dignified life\".  To begin with, tax exemption of interest income from bank deposits has been raised to Rs 50,000 from the current Rs 10,000.


www.businesstoday.in
New Delhi, January 31, 2018
Will Finance Minister Arun Jaitley perhaps bring about the necessary changes to simplify the process during this Budget?


www.businesstoday.in
New Delhi, January 30, 2018
It's also home to people like 34-year-old 'labourer-turned drug peddler' Rachappa Ranga from Karnataka whose entire business was built on drug money but still complied with India's tax laws by filing the I-T returns on his 'annual income' of Rs 40 lakh.


www.businesstoday.in
New Delhi, January 30, 2018
The Income Tax Department today claimed to have busted a racket of extracting fraudulent tax refunds by employees of bellwether companies.


www.businesstoday.in
January 25, 2018



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