Auto sector appeals for a lower GST and a higher depreciation rate

On 7 August, representatives of the auto industry met the Financial Minister…
SEBI

FPI conversion expected to get one-time tax waiver

The Union Budget 2019-20 saw Nirmala Sitharaman, the Finance Minister of India,…

CBDT hikes income tax appeal limit to Rs 50 lakh to reduce litigation

CBDT has increased the monetary limit from Rs 20 lakh to Rs…

How is the repo rate linked to home loans and auto loans?

The Reserve Bank of India (RBI) has reportedly slashed the key repo…

The Journey of GST in India

The Goods and Services Tax (GST) was implemented in India on 1…

Reporting long-term capital gains on shares in ITR form for FY 2018-19

Taxpayers are required to report long-term capital gains (LTCG) on the sale…

Slump in Yuan may hamper Indian currency, further devaluation expected

The Indian stock markets have withstood against the global sell-off as they…

RBI: 11 Banks Get a Penalty of Rs.8.5 Crore for Failing to Report Fraud

The Reserve Bank of India (RBI) announced that a total penalty summing…

Income tax department launches ‘e-Filing lite’ for taxpayers

The income tax department has launched a new and lighter version of…

CAG: GST fails to perform to its full potential

It’s been two years since GST was implemented in India. However, even…