With vaccination against the coronavirus underway, the sector is finally hopeful of a turnaround. It is also hoping for Finance Minister Nirmala Sitharaman to announce measures to substantiate this optimism

Even though the government is staring at a gaping hole on the revenue front in the current financial year due to the pandemic, tax practitioners are expecting tax relief under multiple heads in the estimates for 2021-22

While measures announced by the government in 2020 to kickstart the economy have been in right direction, the real estate sector is hoping for upcoming Budget to give a shot on the arm for the beleaguering sector

A simple act like reducing stand duty could be a strong enabler for home buyers returning to the market and keeping the cash inflows of the real estate sector intact

The pandemic has completely changed the dynamics of the Indian healthcare ecosystem, NATHEALTH President and Apollo Hospitals Executive Vice-Chairperson Preetha Reddy said

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 ruling BJP has suggested Finance Minister three-pronged strategy for value maximisation of the PSU, which includes asset monetisation, better corporate governance and restrain from announcing disinvestment target

Given the skewed finances of the central government owing to the COVID-19 pandemic, there is no elbow room at all to provide any relief to the common taxpayer

The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system

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

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

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

Confederation of Real Estate Developers' Associations of India, which has around 20,000 members from across the country, also recommended tax incentives to boost investment in Real Estate Investment Trusts (REITs)

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

In a major moral victory for the past chairman of Tata Group who was unceremoniously sacked on October 24, 2016, the tribunal issued a corrigendum on Wednesday to its December 28 order saying \"the critical remarks were due to a typo\"

The Income Tax Appellate Tribunal (ITAT) passed three orders observing that the I-T department's revision orders in the three trusts are \"devoid of any legally sustainable merits.\"

ITR filing date: A late filing fee will be applicable for filing your returns after the due date under section 234F. The penalty can be up to Rs 10,000 if the assessee files the return after the due date

As per the amended Standard Operating Procedures (SOP), travellers will be kept under institutional quarantine after arrival and RT-PCR test will be conducted on the seventh day from the arrival at the respective hotels, institutional facilities at their own coast