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Economy

2096 posts

Stay updated on direct tax and indirect tax, income tax returns, GDP, government policies and schemes, and breaking news on due dates and extensions.

Centre Might Notify More Classes to File Income Tax Returns

In order to curb tax evasion and widen the taxpayer base in…

Treatment of Transport Allowance for Financial Year 2018-19

Employers compensate for the travel expenses incurred by the employees for travelling…

Union Budget 2019 Aims at Boosting the ‘Make in India’ Initiative

With an aim to promote the manufacturing sector of the country, the…
CBDT

Unsolved IT litigations pile up at CIT-Appeal level, CBDT focuses

Central Board of Direct Tax (CBDT) is set to focus on litigation…

Finance Bill proposes to impose withholding tax on gifts received by NRIs

The Finance Bill 2019 was presented in the Union Budget on 05…

Central Board of Direct Taxes rolls out plan for financial year 2020

The Central Board of Direct Taxes (CBDT) has released its action plan…

Union Budget 2019: Additional Tax Deduction on Home Loan Interest

Nirmala Sitharaman, the Financial Minister, presented the first Union Budget of the…

Union Budget 2019: Tax Assessments Will be Completely Faceless Soon

On 5 July, Nirmala Sitharaman, the Finance Minister announced the Union Budget…

Hyundai Launches Kona EV Today: What You Can Expect?

The income tax deduction announced for pushing electric mobility in the latest…

Union Budget 2019: TDS of 2% on Cash Withdrawals from Bank Accounts

The Union Budget for FY 2019-20 was presented by the Finance Minister…