India seeks Swiss tax branch’s help in probe in opposition to six Essar firms

NEW DELHI/BERNE: India has sought Switzerland tax branch's help in a probe towards six businesses of the Essar organization, which include the ones into...

Now, pay earnings tax on cumulative cashbacks above Rs 50,000

With tax season looming, one desires to preserve in mind at the same time as submitting income tax returns (ITR) that cashbacks availed thru...

A tax on the sacrifices of infantrymen

The e-area is abuzz with reviews and interpretations of the Central Board of Direct Taxes (CBDT) round of June 24 at the modern day...

A few profits tax modifications interim price range 2019 introduced for salaried magnificence

Even though it was an intervening time budget in February 2019, the then Finance Minister Piyush Goyal introduced a few adjustments inside the area...

Data analytics to check tax evasion

Recently a status committee of Parliament tabled a file on the status of unaccounted earnings and wealth, both inside and outside India. Three countries...

EPF withdrawal taxable or tax-loose? Here are 5 matters to recognize

EPF or employee provident fund savings are intended for retirement years. So economic planners suggest towards early withdrawal. To discourage early withdrawal, the authorities...

Income tax e-filers drop by using over 6.6 lakh in FY19: Official statistics

NEW DELHI: In a first in latest records of tax filings, income tax e-filings in FY2019 have dropped via extra than 6.6 lakh, a...

Tax optimiser: How salaried Karthik can store Rs 1 lakh tax via perks, NPS

Hyderabad-based total software program engineer Ganesh Karthik can pay an excessive tax because his pay structure isn't always taxed friendly. House hire allowance is...

Tax tribunal rejects I-T department’s valuation tax math

Yes, if the valuation is computed through the discounted cash flow technique, or DCF, as consistent with a tax tribunal ruling. Many agencies, inclusive...

Tax queries: Sections 54, 54F deductions to be had only for LTCG

My father built a house in Jharkhand in 2000 for which the full fee incurred turned into Rs 15 lakh. I had booked a...
16,530FansLike
66,518FollowersFollow
13,556SubscribersSubscribe