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

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

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

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

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

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

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)

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

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

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

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

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

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

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

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

Experts expect that further rally in the market may need the economy to regain its mojo for which the Union Budget will prove to be a ideal platform

How the FM can make it a 'never before' Budget. Top experts weigh in

Speaking at an event organised by direct taxes professionals here, Thakur said manufacturing will now be broadbased in the country

Traders' body FAIVM advocated levying income tax on partnership firms and limited liability partnerships at 22 per cent instead of the present 30 per cent, bringing it at par with corporate tax rate

The share of indirect taxes, which mainly comprise of levy on goods and services as well as import duty, has risen while that of direct taxes - made up of corporate and personal income tax - has gone down in 2020