Monday, Oct 18, 2021 | Last Update : 05:15 PM IST

income tax Page-2

UP to repeal 4-decade-old law that made treasury pay their income tax

The direction follows criticism of a law enacted in 1981 which ensures that state's CM and ministers don't pay any I-T themselves.

14 Sep 2019 8:09 AM

Income Tax Department eases criminal prosecution norms for TDS, ITR filing defaults

CBDT has laid down a new criteria to ensure only 'deserving cases get prosecuted'.

12 Sep 2019 12:33 PM

D K Shivakumar's daughter summoned by Enforcement Directorate for investigation

While scrutinising the financial dealings of Shivakumar, the agency found documents pertaining to a trust handled by his daughter.

10 Sep 2019 8:37 PM

Govt panel recommends major changes in income tax slab rates

The proposals include lowering the personal income tax for those earning between Rs 10-20 lakh to 20 per cent.

28 Aug 2019 9:13 PM

Govt to review surcharge on super-rich in 2022: Sitharaman

Govt increased surcharge from 15 per cent to 25 per cent on taxable income between Rs 2 crore and Rs 5 crore.

24 Aug 2019 12:26 PM

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Enhanced surcharge on FPIs removed: Sitharaman

Surcharge on long and short term capital gains from transfer of equity shares has been withdrawn, said FM Nirmala Sitharaman.

23 Aug 2019 6:32 PM

Small startups with turnover up to Rs 25 cr to get promised tax holiday: CBDT

Since the intention was to support the small startup, the turnover limit of Rs 25 crore was considered reasonable, CBDT said.

22 Aug 2019 8:18 PM

Task force on Direct Tax Code submits report to FM

The details of the report, however, could not be known immediately.

19 Aug 2019 5:51 PM

7 benefits of filing your income tax return

To avoid penal actions, ensure that you file your income tax return on or before the August 31, 2019 deadline.

14 Aug 2019 2:53 PM

TDS is 'Terrible Disaster Scheme', CBDT's clarification is factually incorrect: WB CM

She demanded the taxation be withdrawn and said that the festival should be allowed to be celebrated with its usual fervour.

14 Aug 2019 10:31 AM

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TMC to protest against IT notices to Dura Puja committees

TMC Chief also said that the Trinamool Congress Banga Janani Wing will be sitting on dharna on Tuesday, August 13 against the IT notices.

11 Aug 2019 3:51 PM

Keep these 5 things in mind while filing Income Tax Return

As many salaried taxpayers got their Form 16 late, ITR deadline was extended by a month to August 31.

06 Aug 2019 3:23 PM

Business failures shouldn't be tabooed: Sitharaman on V G Siddhartha's death

Sitharaman said that businessmen should get honourable exit or resolution to the problem in letter and spirit of the IBC.

02 Aug 2019 9:14 AM

No one was harassed, only followed norms against V G Siddhartha: I-T dept

I-T dept also questioned his signature on the purported letter, which surfaced hours after Siddhartha went missing.

01 Aug 2019 12:30 PM

Higher tax for high earners may trigger fund flight: ex-RBI governor

Analysts and traders say this has been a major reason for foreign investors being net sellers from Indian equity markets.

29 Jul 2019 8:22 PM

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Govt targets to add 1.3 crore income tax filers this fiscal

Thakur said 46,13,91,168 Permanent Account Numbers (PANs) have been allotted as on July 30, 2019.

23 Jul 2019 8:54 AM

Mamata attacks BJP over I-T notice to Durga Puja Committees Forum

'I condemn this attitude of bringing the puja committee under Income Tax,' Mamata said.

22 Jul 2019 4:21 PM

Finance Minister seeks to allay fears on surcharge on super rich

RBI has opened an indirect liquidity window to aid banks to give funds to the sector, which is facing a severe liquidity crisis.

19 Jul 2019 1:27 PM

'No export incentives in Budget may be part of govt's plan to phase out tax holidays'

(The government) has not provided specific proposals to boost exports, said PwC's Sandeep Ladda.

15 Jul 2019 6:11 PM

FPIs can opt for corporate route to avail lower tax surcharge: CBDT chief

FPIs get covered by higher tax rate as they have been investing as a non-corporate entity such as trust or association of persons.

10 Jul 2019 6:10 PM

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