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Union minister of railways Piyush Goyal at the India Economic Summit 2017 in New Delhi on Thursday. (Photo: PTI)

Interim Budget 2019: Highlights

Govt is set to step up rural welfare spending by 16 per cent for the fiscal year beginning April to 1.3 trillion rupees.

1 Feb 2019 9:33 AM IST

Many taxpayers donate one days salary or part of their income for noble purposes but do not declare these donations in their tax returns.

Unusual methods to save more tax

The income law gives many non-traditional options to save tax. Here are some ways to raise exemption bar.

4 March 2019 2:43 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Rationalise GST rate for hotels to push tourism sector growth: Report

Higher taxes on hotels make the segment less competitive as compared to other Asian peers.

29 April 2019 3:28 PM IST

Income Tax department also raided the Tamil television channel, Jaya TV, over suspected tax evasion. (Photo: PTI)

I-T dept proposes new norms for taxing MNCs in India

The CBDT had set up the committee to bring greater clarity and predictability for taxing MNCs.

19 April 2019 9:09 AM IST

Rafale aircraft

Govt says no link between Reliance tax relief in France and Rafale jet...

Under India's defence procurement rules, any company selling equipment must invest at least 30 pc of the contract in...

15 April 2019 8:53 AM IST

The National Enquirer had previously also obtained racy texts from Amazon CEO Jeff Bezos, to his mistress, Lauren Sanchez. (Photo: AFP)

Walmart responds to Bezos with tweet asking Amazon to pay taxes

Some critics have said that Amazon received a USD 129 million tax rebate from the federal government.

12 April 2019 12:27 PM IST

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

Taxmen to scrutinise mismatch between ITR and service tax returns

Service tax was subsumed into the goods and services tax (GST) with effect from July 1, 2017.

8 April 2019 3:41 PM IST

The Multi-agency Group, so far, has submitted seven reports to the government about its investigation on Panama Papers.

Tax take from 'Panama Papers' probes exceeds USD 1.2 billion: report

Britain has recouped some USD 253 million, France USD136 million and Australia USD 93 million.

3 April 2019 2:41 PM IST

Two Pakistani troopers were killed by the Indian Army in response to ceasefire violations along the LoC in Tangdhar sector of Jammu and Kashmir. (Representational Image | PTI)

'Disability pension taxable if personnel retired under normal...

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 IST

Defence minister Nirmala Sitharaman during a press conference in Mumbai. (Photo: PTI )

Govt likely to let budget deficit rise as tax receipts fall short

Fiscal deficit target to as much as 3.6 per cent of GDP from an already upwardly revised target of 3.4 per cent.

21 Jun 2019 11:39 AM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

Tax body seeks extension of GST return filing by four months

Govt has made the entire GST procedure and filing of returns very 'confusing with hundreds of changes in the rules and...

19 Jun 2019 4:31 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

G-20 talks trade, finance as Japan readies for Osaka summit

Japan, the world's third-largest economy, is hosting the G-20 for the first time since it was founded in 1999.

9 Jun 2019 11:38 AM IST