CBDT Exempts Startups from Angel Taxes on Share Premiums A recent move ensures that genuine entrepreneurs will not be affected by… Abhilash STPosted on August 13, 2019August 13, 2019
Is the newly introduced section 194N in Union Budget 2019 confusing? FM Nirmala Sitharaman in her first maiden Budget introduced Section 194N for… Komal ChawlaPosted on August 9, 2019August 9, 2019
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… Sujaini BiswasPosted on August 8, 2019August 12, 2019
Income tax department launches ‘e-Filing lite’ for taxpayers The income tax department has launched a new and lighter version of… Komal ChawlaPosted on August 7, 2019August 19, 2019
CAG Finds Irregularities in Assessment of Taxes Over 2 Years The Comptroller and Auditor General of India (CAG) has criticised the income… Sujaini BiswasPosted on August 4, 2019July 31, 2019
Tax for Middle-Income Earners Likely to Change under Direct Tax Code In November 2017, the Indian government formed a task force to evaluate… Sujaini BiswasPosted on August 3, 2019August 4, 2019
ITR filing becomes tougher for ELSS investors in FY 2018-19 Filing income tax return has become a tedious task, especially for salaried… Komal ChawlaPosted on August 2, 2019August 7, 2019
FM all set to make India a sustainable economy in the next 5 years FM Nirmala Sitharaman through her first-ever maiden Budget in July 2019 has… Komal ChawlaPosted on August 1, 2019August 2, 2019
Tighter Tax Rules on Religious and Education Trust Income The income of religious and education trusts is mostly tax-free. That is,… Abhilash STPosted on July 31, 2019July 31, 2019
Nudging Tax Revenue: Of Reward Programmes and Effective Schemes According to statistics, only seven lakh assessees filed their service tax returns… Abhilash STPosted on July 29, 2019July 29, 2019