Tighter Tax Rules on Religious and Education Trust Income

The income of religious and education trusts is mostly tax-free. That is,…

Foreign Portfolio Investments: The Backbone of Indian Economy

Many Indian companies are worried about the slowing economy and are cutting…

Nudging Tax Revenue: Of Reward Programmes and Effective Schemes

According to statistics, only seven lakh assessees filed their service tax returns…

Is it right to make Army Disability Pension taxable?

We always praise soldiers for their selflessness and courage put-in to protect…

Budget 2019 introduced the new legacy dispute resolution

Irrespective of the provisions, tax reliefs, and exemptions offered by the government,…

Failing to Comply With Angel Tax Rules May Lead to 200% Penalty

The Government of India has been working towards easing the angel tax…

How Regulatory Sandbox Works in India for FinTech

Advancement in technology has incubated the growth of several industries in India…
Tax

Mandatory disclosing of LTCG making ITR filing tough

The government has made it mandatory to disclose long-term capital gains (LTCG)…

Is it possible to reduce the income disparity in India?

Income inequality is the gap between the richest and the poorest. It…

Government invites interests from potential buyers to sell Air India

The government of India has plans to invite interests to sell Air…