February 28, 2019 3:22 am
Prime Minister Narendra Modi, during the annual conference of tax officers in September 2017, had observed that the Income-tax Act, 1961, was drafted more than 50 years ago and it needs to be redrafted.
February 21, 2019 12:11 pm
According to the latest available data, as of mid-January 2019, 4,648 complete applications were received for exemption under Section 80IAC of the Income Tax Act.
June 28, 2017 4:54 pm
Over the past one year, aadhaar has been made compulsory by the government for various schemes/programmes and institutions. While the legality of Aadhar Card is being argued in court of law, here are some services for which Aadhaar card is mandatory.
June 12, 2017 1:28 pm
The court termed as fallacious argument advanced by the counsel for petitioners that the provision of the I-T Act was discriminatory in nature as it created two classes - one class of those who volunteered to enroll themselves under Aadhaar scheme and other class of those who did not want it to be so.
October 28, 2015 1:00 am
The first batch of recommendations to be considered in Budget 2016-17: Revenue secretary.
October 01, 2015 4:09 pm
Last week, the Reserve Bank of India had said that no action under FEMA will be taken against declarations under one-time compliance window.
March 02, 2015 1:55 am
March 01, 2015 2:53 am
The provision is at present available only to firms that employ 100 new workers in a fiscal.
February 04, 2015 1:10 am
The finance ministry last November announced a liberalised DR scheme that includes new asset classes.
January 30, 2015 1:51 am
Adding trouble for the sector, a lot of manufacturing has moved to Vietnam due to a predictable regulatory environment and better incentives.