Saturday, Jan 22, 2022 | Last Update : 04:53 PM IST

tax Page-2

Nirmala Sitharaman silent on higher taxes for foreign investors: sources

Investors in turn pulled USD 1.8 billion out of Indian equities in July alone.

10 Aug 2019 10:33 AM

Govt, RBI on same page on steps to boost economy: Sitharaman

Finance Minister Nirmala Sitharaman said the government is looking at the financial sector woes and will address them.

09 Aug 2019 5:53 PM

India may exempt foreign portfolio investors from higher taxes: sources

In the budget last month, Sitharaman proposed to hike taxes on those earning more than 20 million rupees annually.

09 Aug 2019 9:53 AM

Relief for startups: CBDT lays out procedure for pending angel tax assessment cases

More than 540 startups have received exemption from angel tax so far.

09 Aug 2019 9:05 AM

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


I-T dept ‘running amok’ to meet India's revenue shortfall: Rahul Gandhi

Gandhi also shared media reports alleging that 'tax terrorism' was hurting India's growth.

05 Aug 2019 9:29 AM

Tax force on direct taxes gets more time to submit report

The government has allowed the task force to submit its report by 16th of August 2019.

01 Aug 2019 10:56 AM

GST Council meet to decide on slashing tax rate for e-vehicles postponed

GST rate for petrol, diesel cars and hybrid vehicles are already at the highest bracket of 28 per cent plus cess.

26 Jul 2019 8:54 AM

Tax paying should be a pleasurable experience: CBDT chairman

Revenue collection under the direct taxes head has grown and the total tax base has also increased to over 7 crore taxpayers at present.

24 Jul 2019 3:40 PM

Taking goods abroad for exhibitions will not have to generate tax invoice

Goods taken abroad in this manner are required to be either sold or brought back within a period of 6 months from the date of removal.

23 Jul 2019 10:35 AM


18 pc GST on flat owners paying monthly maintenance of over Rs 7,500

Tax liability would be calculated for a person who owns two or more flats in the housing society or residential complex.

23 Jul 2019 8:49 AM

Govt dilutes terms to attract bidders for Pawan Hans after failing to privatise

The successful bidder would be required to retain all permanent employees for a period of at least one year.

21 Jul 2019 5:50 PM

Cash withdrawal from multiple accounts to be aggregated for levying 2 pc TDS

Two per cent tax will be charged if aggregate cash withdrawal from one or more accounts exceeds Rs 1 crore.

19 Jul 2019 9:38 AM

Will India's tax on the rich hit foreign investment inflows?

Investors are threatening to pull funds from India unless rules are amended so that they won’t take a tax hit.

16 Jul 2019 9:15 AM

USD 42 billion erased off Indian share markets as misgivings on tax linger

Global and non-resident investors make investments in India via so-called association of persons (AOP) and non-corporate trusts.

12 Jul 2019 3:40 PM


Nirmala Sitharaman says tax targets 'absolutely' achievable: report

India expects to rake in 24.6 trillion rupees (USD 358.97 billion) in gross tax revenue in 2019-20.

12 Jul 2019 12:07 PM

Govt to soon issue clarification on applicability of surcharge on FPIs: Finmin

FM Sitharaman proposed to increase surcharge from 15 pc to 25 pc on taxable income between Rs 2 cr and Rs 5 cr.

09 Jul 2019 8:30 AM

Govt working as an accountant for every taxpayer: CBDT Chairman

The CBDT Chairman said he is confident of achieving the Rs 13.35 lakh crore target for direct tax collections in 2019-20.

06 Jul 2019 5:16 PM

Budget 2019: For every rupee in govt kitty, 68 paise come from taxes

Corporation tax is the single largest source of income, contributing 21 paise to each rupee earned.

05 Jul 2019 2:57 PM

India's budget likely to hike spending to combat slumping growth

In January-March, annual growth slumped to 5.8 per cent, the slowest pace in 20 quarters.

03 Jul 2019 1:56 PM