IIP numbers indicating economic growth could be below 5% for Q2 of FY20

The Index of Industrial Production (IIP) for the September 2019 quarter shrank…

IT department seeks a cut of Rs 1 trillion in FY20 direct tax revenue targets

According to a report published by Business Standard, the income tax department…

A slowing economy impacts growth in income tax returns

The number of income tax returns filed for FY 2017-18 stood at…

Government announces Rs 25,000 crore package for real estate

The real estate sector has been grappling with liquidity issues, stalled projects…

India Declared as 3rd Highest Start-up Ecosystem by NASSCOM

The start-up ecosystem just got bigger. With the addition of 1,300 start-ups…

Benefits of mutual funds savings against chit funds

Indians traditionally know the value of small and regular savings. Community savings…

Government may meet fiscal targets despite lower tax revenues

Budget 2019 has set the fiscal deficit target at 3.3% of the…
Tax

Government may withdraw DDT and revamp capital gains

The Finance Ministry, along with the Prime Minister’s Office (PMO) is considering…

Alternative medicine under Ayush to be included under PMJAY

Ayush consists of Ayurveda, Yoga, Unani, Siddha and Homeopathy forms of treatment.…

IT department scrutinises remittances under scheme by RBI

The income tax department has issued scrutiny notices to around 30,000 individuals…