Every penny of reduction in tax outflow boosts your return. If your expected long-term capital gain is below Rs 1 lakh, your gains will be completely exempted and hence you would not need to go for any additional effort to save taxes

2020 has been a year of disruptive change and has involved significant adaptation and sacrifice on the part of many people across the world

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

As per Goldman Sachs, Airtel could potentially save Rs 4,100 crore annually and Vodafone Idea Rs 5,800 crore annually if Supreme Court lowers AGR liability to self-assessed levels

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

All eyes are on the budget as the government walks a tightrope of balancing growth and fiscal concerns. Effective implementation of the proposed budget will be key

The report by domestic rating agency Brickwork Ratings said economic activities are slowly reaching pre-COVID levels following the relaxation of the lockdown, except in sectors that remain affected by social distancing norms

It is an unending saga of gross negligence despite the services sector being the main driver of India's growth story; contributes the most to GDP and is arguably the largest employer too

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

The Bitcoin prices may have corrected about 25 per cent in last three days. It had shot through the roof over the last few months - from $6000-odd in April to $41,946.74 as on January 8, its all-time high. It hit a day's low of $30,549.60 on Monday

Srivastava, who was compulsorily retired by the government on June 11, 2019 on charges of corruption and misconduct, had no jurisdiction to pass the orders, the tribunal observed

Morgan Stanley expects the upcoming earnings results to prompt an earnings upgrade cycle with chemicals in the driver's seat, before refining picks up by mid-2021

The government held initial talks on revenue-sharing measures, however, a definitive decision will be taken closer to February 1, when the budget is announced

Bitcoin fell as far as $33,447, its lowest since January  6. Ethereum which often moves in tandem with bitcoin, fell as much as 20% to a one-week low of $1,007.51

The National Youth Festival is celebrated every year from January 12 to 16. January 12 is the birth anniversary of Swami Vivekananda and is also observed as National Youth Day

The Monday hearing on the pleas by a bench headed by Chief Justice S A Bobde assumes significance as the Centre and the farmer leaders are scheduled to hold their next meeting on January 15

As the world marches towards immunity, a bigger problem is the emergence of new strains of the virus, some more deadly and infectious than the original, warns WHO Chief Scientist Dr. Soumya Swaminathan

Despite continuous and comprehensive attention to industry, its contribution to income (GDP) and employment didn't touch 25% and 14%, respectively. It is time to give equal, if not more, attention to services and agriculture that consistently contribute the most to income and employment, respectively

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

The main concern around the Chinese recovery is the lack of balance, said Hlge Berger, Mission Chief for China and Assistant Director, Asia and Pacific Department of the IMF