Tax Act
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Senate passes Trump's sweeping tax and spending bill after dramatic 50-50 vote, VP Vance breaks tie
World | July 01, 2025 23:43 ISTThe bill now heads back to the House amid growing concerns over its impact on Medicaid, deficits, and health coverage.
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ITR deadline: Taxpayers can file updated returns for FY22, FY23 before March 31 | Check all details
Business | March 07, 2025 21:28 ISTAn updated return can be filed at any time, but it must be submitted within two years from the conclusion of the relevant assessment year; the provision for this was introduced by the Finance Ministry in the Finance Act 2022.
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Budget 2025: PM Modi wanted to do something on tax relief, says Nirmala Sitharaman
India | February 02, 2025 16:36 ISTFinance Minister Nirmala Sitharaman said that the the tax proposal will allow people to have more money in their hands.
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Cryptocurrency tax in India: Know how much you will have to pay on Crypto investments
December 11, 2024 13:50 ISTPlanning to invest in cryptocurrencies in India? Understand the 30 per cent tax on gains, 1 per cent TDS, and the legality of cryptocurrencies under India’s taxation laws.
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Zomato gets tax demand order of Rs 23.26 crore, online food delivery platform to appeal against it
Business | March 31, 2024 17:29 ISTThe online food delivery platform said it would appeal against the order before the appropriate authority. Zomato Ltd reported a net profit of Rs 138 crore in the third quarter ended December 31, 2023.
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'Opaque corporate tax practices still barrier to many US companies, India needs to...': Garcetti
World | January 30, 2024 23:57 ISTAccording to Garcetti, foreign investment redirected from China was not flowing to India at a fast enough pace and added that American companies wanted to invest heavily.
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Are donations for Ram Mandir eligible for income tax deduction? Here's all you need to know
Business | January 21, 2024 13:26 ISTThe government officially designated Shri Ram Trust as a site of historic significance and a place of renowned public worship for the purpose of Section 80G(2)(b), effective from FY21.
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Kenya: 3 killed in anti-government protests over high cost of living; 20 detained
World | July 09, 2023 12:05 ISTThe government implemented a new tax package which increased the value added tax on petroleum rose from 8% to 16%, and created a new 1.5% percent housing tax was created for salaried workers.
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EDMC panel proposes change in property tax norms for community halls, gyms under GHS
India | February 18, 2021 7:41 ISTThe Standing Committee of the East Delhi Municipal Corporation on Wednesday proposed that the property tax assessment of community halls and gyms located inside group housing societies (GHS) be done on the norms set for residential units.
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Tax, policy rate cuts will spur recovery in 2020: Report
Business | December 02, 2019 13:04 ISTLower lending rates following a series of policy rate cuts by the Reserve Bank of India and a sharp cut in the corporate tax rates will spur a recovery in India next year, a report said on Monday.
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Parliament session: Tax, e-cigarette ordinances to be replaced
Business | November 17, 2019 11:10 ISTThe government will also present a half-yearly review of the trends in receipts and expenditure in relation to the budget at the end of the first half of the Financial year 2018-2019 under sub-section (1) of Section 7 of the Fiscal Responsibility and Budget Management Act, 2003, the list stated.
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India needs lower level of taxation to be globally competitive: Jaitley
December 26, 2016 16:43 ISTFinance Minister Arun Jaitley on Monday said that India now needs to move to a lower level of taxation to be globally competitive.
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India to renegotiate tax treaty with Singapore: Finance Minister Arun Jaitley
May 16, 2016 15:06 ISTNew Delhi: India will have to renegotiate the tax treaty with Singapore to extend the capital gains tax provisions of the recently-concluded tax pact with Mauritius, Finance Minister Arun Jaitley said on Monday. Without giving
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Budget 2015: Tax benefits, duty cuts top industry wish-lists
February 15, 2015 16:13 ISTNew Delhi: As the Budget day approaches, various sectors are lobbying hard for tax benefits and duty cuts while a few others want the government to ensure a stable and predictable taxation regime.The groups and
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