News

 Union law minister Ravi Shankar Prasad said CBI and Income-Tax Department are taking “speedy action” Published On: 26-02-2018

Union law minister Ravi Shankar Prasad on Thursday said CBI, Enforcement Directorate and Income-Tax Department are taking “speedy action” against those involved in the Rs 11,000-crore fraud at the Punjab National Bank more..

 Tax officials have started questioning some startups on their fundraising methods. Published On: 26-02-2018

Although the income tax department has been instructed not to harass startups unduly, those that raised funds from angel investors through rights offers rather than via private placements in the past few years are coming under scrutiny along with their investors, said people aware of the matter. more..

 Budget 2018: 4 things a taxpayer shouldn’t miss Published On: 19-02-2018

Tenants who pay rent of over 50,000 per month must deduct TDS at 5%. more..

 Key tax changes that will come into effect from April 1 Published On: 19-02-2018

Starting from April 1, tax will be levied on LTCG arising from the sale of equity and equity-oriented mutual funds. more..

 How new LTCG tax with STT violates three basic principles of taxation Published On: 19-02-2018

The conversations around the proposed long term capital gains (LTCG) tax refuse to die. As one reads the explanations and arguments, it becomes increasingly clear that we need a set of core principles to fall back on. more..

 I-T Dept Asks Companies to File Tax Return by March 31 Published On: 18-02-2018

The department, in public advertisements issued in leading dailies, said it was the final call for the filing of belated or revised ITRs for assessment years 2016-17 and 2017 -18. more..

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