A slowing economy impacts growth in income tax returns

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

Tax Query: Does residential status decide your taxable income?

I worked in a foreign country for just two months in 2019…
CBDT

Direct Tax Data Show Wealth Concentrated in 3 Indian States

Followed by the Prime Minister’s statement of making India a $5 trillion…

IT department scrutinises remittances under scheme by RBI

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

How Diwali Gifts May or May Not Attract Income Tax?

The day of lights, gifts, and sweets is around the corner. Are…
ELSS

7 Reasons Why Equity-Linked Savings Scheme Is a Life Saviour

Did you know that the equity-linked savings scheme is one of the…

Companies are putting assets together for new manufacturing facilities

Companies seek to benefit from the lower corporate tax regime announced for…
GST Revenue

Government panel to track GST defaulters, uses fraud detection software

The government panel recently discussed on how to intensify enforcement activities against…
Corporate tax

GSTN to Release a New Interface for Filing Returns This Month

To simplify the return filing process under GST, the GST Network (GSTN)…