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Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Govt exempts rupee payments for Iran oil from taxes

Any income a foreign company receives in an Indian bank account is subject to a withholding tax of 40 per cent

1 Jan 2019 3:49 PM IST

Under FATCA income tax department received data for calendar year 2016 from 39 countries covering nearly 1.2 lakhs persons. (Photo: ANI)

Must know facts before you take a joint loan

Taking a joint home loan with a lady co-borrower like your own wife, mother or sister can fetch alluring concessional...

27 Feb 2019 6:11 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

Six steps to plan for taxes after retirement

Before retirement it's essential for you to plan your taxes, investments, and returns.

27 Feb 2019 1:17 PM IST

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

5 last minute tax saving suggestions

Choosing the most suitable tax-saving investment option is a tough task, and it should be done cautiously.

26 Feb 2019 6:25 PM IST

Ideal affordability is identified at 4.5 times the average annual household income in a city.

Tax cuts should boost Indian real estate demand, but many issues...

On Sunday, a government body said the sales-tax on under-construction residential houses in April will drop to 5 per...

26 Feb 2019 12:55 PM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.

CBIC sets up 3 working groups to facilitate exports, curb tax evasion

The working groups will focus on export promotion and facilitation.

23 Feb 2019 4:48 PM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

GST Council defers decision on tax on real estate; extends deadline...

The due date for filing summary sales return - GSTR-3B - is February 20.

20 Feb 2019 2:25 PM IST

Any taxpayer who is in receipt of pension from his former employer shall be entitled to claim a deduction of Rs 40,000.

No new taxes in Tamil Nadu budget for 2019-20

The government proposed a revenue deficit estimated at around Rs 14,300 crore.

8 Feb 2019 2:16 PM IST

We see Samsung showing off different product concepts that could be released and the most notable device from the promo video being the Galaxy Fold, the foldable smartphone.

Expensive phones ahead? India to tax mobile touch panel imports

Wistron, Foxconn also called on the government to reconsider the duties on new components.

7 Feb 2019 10:06 AM IST

The Income-Tax department, in coordination with their foreign counterparts, is investigating offshore bank deposits and purchase of assets by thousands of Indians .

Income tax returns filings rose over 37 percent in April-January

Between April to January period of the last two financial year, the growth was more subdued at 17 percent and 20...

6 Feb 2019 11:09 AM IST

Apples performance for the July-through-September period and its revenue outlook for holiday season evidently werent enough to ease investors concerns. Apples performance for the July-through-September period and its revenue outlook for holiday season evidently werent enough to ease investors concerns.

Apple to pay $571 million back-taxes to French authorities

Apple's French division confirmed the tax payment agreement, but did not disclose how much it had agreed to pay.

6 Feb 2019 9:40 AM IST

Revenue deficit target of 2 per cent of GDP will be met in current fiscal, the deficit would be 1.9 per cent in the next.

Cash transfer to farmers, middle-class tax relief to boost growth:...

GST collections will continue to pose risks to indirect tax collections if they fall short of budgeted expectations.

5 Feb 2019 5:47 PM IST