A staggering 87 per cent of the individuals and 89 per cent of firms feel that the process of claiming income tax...
With the recent change, excess share application money or premium received from non-resident investors may also be subject to angel tax. On...
Anew survey has revealed that automation and simplification of the income tax refund process has increased the trust of taxpayers as well...
The Directorate General of GST Intelligence has issued Goods and Services Tax (GST) demand notices to food aggregators Zomato & Swiggy, a...
A taxpayer acquiring foreign assets by way of inheritance would be required to furnish the details of the same in Schedule FA...
The soon to be set up Sixteenth Finance Commission is likely to be tasked with reviewing the revenue collections of states under...
If the tax is being paid for the same financial year based on estimated income, it is considered advance tax. Paying your...
The Indian government on Thursday, November 16 announced that it has slashed the windfall tax levied on crude petroleum produced in the...
Buybacks are becoming prominent from large-cap giants to small and mid-cap players and even promoters are seen to leveraging this strategy, says...
The net corporate tax collection grew 12.48 per cent and personal income tax mop up rose 31.77 per cent. Net direct tax...