Data analytics to check tax evasion

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

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

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

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

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

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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 the...

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

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My father built a house in Jharkhand in 2000, for which the full fee incurred turned into Rs 15 lakh. I had booked a...

Income tax-saving FDs: Latest SBI, ICICI, RBL, IDFC First Bank hobby costs compared

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Income tax-saving FDs: Latest SBI, ICICI, RBL, IDFC First Bank hobby costs comparedBank constant deposits (FD) are a popular manner to store cash. Tax...

Income tax return filing for AY 2019-20: Key modifications in ITR bureaucracy and new...

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Recently, the Indian government has notified new tax go back paperwork for FY2018-19 (assessment yr 2019-20) applicable for people, corporates, and different classes of...

DPIIT proposes relaxation in profits tax law to assist begin-u.S.Improve funds

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NEW DELHI: To facilitate fundraising with the aid of start-ups, the Department for Promotion of Industry and Internal Trade (DPI) has proposed rest within...

What’s with the passport? Akshay Kumar, no matter Canadian citizenship, is certainly one of...

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NEW DELHI: With actor Akshay Kumar, the modern-day version of Manoj Kumars Bharat, subsequently accepting that he's a Canadian citizen and being trolled relentlessly...

Tax filing falls 1% in FY19,indicating overall slowdown:Report

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The number of people filing income tax returns has declined using a complete 1 percent in financial 2019, notwithstanding the multiplied authorities' focus to...