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
There is a need to manage the risks associated with overseas sovereign borrowings, said CEA K V Subramanian.
09 Jul 2019 7:45 PM
Until now, all the government debt has been rupee funded with interest rates of 6-6.25 per cent.
09 Jul 2019 3:31 PM
Additional income tax deduction of Rs 1.5 lakh on home loans for houses under Rs 45 lakh announced in Budget 2019.
08 Jul 2019 8:32 PM
Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs 5 cr.
08 Jul 2019 3:50 PM
Following increase in surcharge, effective income tax rate for individuals with income of Rs 2-5 crore will go up to 39 pc.
07 Jul 2019 4:00 PM
Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current account in a year.
05 Jul 2019 2:57 PM
On Thursday, the Lok Sabha passed by voice vote the Aadhaar and Other Laws (Amendment) Bill, 2019.
05 Jul 2019 2:02 PM
The pre-Budget survey 2019-20 conducted by KPMG (India) included responses from 226 respondents spanning across industries.
30 Jun 2019 12:36 PM
The pension will be non-taxable only to those personnel who have retired due to any kind of disability.
26 Jun 2019 9:34 AM
In a written reply to a question in the Lok Sabha, she said over 6.49 crore electronic returns were submitted for assessment year 2018-19.
24 Jun 2019 2:16 PM
This action comes a week after a similar purge when 12 officials of the department were forced to resign.
18 Jun 2019 3:26 PM
According to norms, sanction for prosecution has to be decided within four months.
10 Jun 2019 3:35 PM
The government is scheduled to present its first full Budget on July 5, for the current financial year.
09 Jun 2019 11:19 AM
Kotak Economic Research in an April 30 report said: "We are surprised with the decline in income tax e-filing in FY2019."
06 May 2019 11:41 AM
To avail the concession of exemption from this section, eligible start-ups have to file a duly signed self-declaration with the DPIIT.
24 Apr 2019 3:29 PM
The members were booked under various sections of IPC, including preventing government servants from discharging their duties.
17 Apr 2019 1:34 PM
Both Nagarathna and Timme are said to be close aides of Karnataka Chief Minister HD Kumaraswamy.
16 Apr 2019 11:39 AM
The beneficiary companies in the manipulation included those based in Hyderabad, Mumbai, Baroda and Bhopal.
11 Apr 2019 1:14 AM
BJP is widely expected to win but with a smaller mandate, mainly due to a shortage of jobs and weak farm prices.
08 Apr 2019 2:04 PM