Many times, the taxable income of the taxpayers comes below the basic exemption limit due to rollover of capital gain due to which they could choose not to file ITR. However, this will no longer be the case as they will now have to file the ITR

India Stock Market Highlights Today: ICICI Bank, followed by Asian Paints, Reliance Industries, PowerGrid, Nestle India and SBI were among the top losers today. On the other hand, Bajaj Finserv, Bajaj Finance, Bharti Airtel, L&T and UltraTech Cement were among the gainers

A study by two multinational giants UBS and PwC says \"huge fiscal and quantitative easing packages\" given by governments around the world drove a V-shaped recovery of stock markets and billionaires' wealth surged to $10.2 trillion by the end of July 2020

The deadline for filing income tax returns (ITR) for financial year 2018-19 has been extended by two months till November 30

The I-T sleuths raided 38 premises linked to the lawyer in Haryana, Delhi-NCR, and seized Rs 5.5 crore on Wednesday. Also, 10 bank lockers of the advocate have been put under restraint

FM Sitharaman on her part has put forth the suggestions but the discretion lies with states and private organisations. At least some of them are expected to offer similar benefits

With the COVID-19 pandemic presenting unprecedented business disruption, stock awards could be an effective tool for motivating and retaining key talent while deferring immediate cash outflow

As per the prosecution, even though McAfee earned millions of dollars, he did not file tax returns from 2014 to 2018. The authorities have charged him of not revealing his income earned through promotions of digital assets, speaking engagements and consulting jobs

Part I of this two-part article traces the growth of temporary employment in government and the practice of keeping a larger number of posts vacant even in the face of a severe job crisis

Corporate India has seen a substantial decline in tax litigations of late, helping government unlock revenues. Once annual compliances are streamlined and new law settles in, there could be a flurry of proceedings, which would lead to an increase in disputes

The fall in corporate tax collections could be because of both the fall in corporate profits due to COVID-19 lockdown as well as reduction in corporate tax rates announced in September 2019

The Central Board of Direct Taxes (CBDT) has further extended the deadline for income tax returns filing from September 30 to November 30

Era Infra sees no immediate closure even after three years, as litigation and procedural delays slow down the insolvency process

While the clarifications were much awaited, some of them may require immediate changes to business processes and the assessees have only one day before the provisions come into effect

In its half-yearly earnings statement, the company said it expects an international arbitral tribunal to shortly give a decree on its challenge to the Indian government seeking Rs 10,247 crore in retrospective taxes

Vodafone retro tax case: The finance ministry sources said that the government is duty bound to protect public money if there is an attempt to avoid levies by rerouting transactions through tax havens

The Income Tax Department on Saturday said that scrip-wise reporting is not required for day trading and short-term sale or purchase of listed shares for filing of income tax returns in assessment year 2020-21

The Vodafone Group on Friday won the bilateral investment treaty (BIT) arbitration against the Indian government in the Rs 14,200 tax dispute case

As per CBDT, there are over 4.6 lakh appeals pending at level of commissioner (appeals) currently; of this, 4.05 lakh appeals, i.e., about 88%, will now be handled under Faceless Appeal mechanism

British telecommunications company Vodafone has won arbitration against India over the retrospective tax demand of Rs 20,000 crore