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Chinese decimation of Indian phonemakers is complete. Auto next?

Chinese firms created massive ripples at a time when US giants like Amazon and FB/WhatsApp face political heat.
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TAXATION

Relaxation, clarification on capital gains tax needed in Budget 2020: EY

To encourage small tax payers to invest in the stock market, the government may consider increasing the limit of Rs 1 lakh for taxing the long-term capital gains from transfer of such equity shares and units of equity-oriented funds.

20% TDS if employee doesn’t share PAN or Aadhaar: I-T dept

Centre had amended the law to make sharing of Aadhaar must in case someone does no...

Daman to be Dadra & Nagar Haveli, Daman & Diu UT's headquarter

The government amended various tax acts covering the three tax systems, which ...

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  • In this video, ET Wealth editor, Babar Zaidi gives us his expert insight into the top 10 tax-saving instruments for this tax-saving season, ...

    Different sections under the Income-Tax Act correspond to different savings or expenses, some of which are eligible for tax deductions and could be a great way to show that you are actually out of the taxable bracket. Here are 8 such deductions.

    How much you withdraw and when you withdraw from the Employee’s Provident Fund determines how much TDS will be levied on the same. Here are five common scenarios and the tax implications on them.

    Addressing an event organised by Confederation of All India Traders (CAIT), the finance minister said the government is open to suggestions for the betterment of GST filing system.

    After a meeting of the commission’s Economic Advisory Council on Monday, NK Singh said the commission would be making suggestions on the tax structure, which was for the GST Council to consider.

    The role of tax havens where servers can be located makes the task of a tax authority even more difficult. The debate on where MNCs should be taxed has grown interesting.

    Since the introduction of GST in India in 2017, it has seen several changes. Aimed typically at making things simpler and plugging leakages,...

    To be able to invest in a liquid fund, the investor should have KYC formalities completed with a KYC registration agency. A KYC form needs to be filled up and documents (address and IDproof) should be submitted, with originals for this purpose.

    Two years after its launch, the government has begun the review of GST, including a possible resetting of rates along with the slabs, the Standing Committee on Finance headed by Jayant Sinha said in its report tabled in Parliament.

    It will be a mistake to reduce tax rates when the tax revenue is below the target and the fiscal deficit is high.

    This was informed in a review meeting held via Video Conferencing of all DETC’s (ST) of Haryana under the Chairmanship of Excise and Taxation Commissioner, Dr. Amit Kumar Agrawal today. It was informed that the return compliance of the State has also shown marked improvement in the month of November, 2019.

    According to official data, total pendency of appeals at the Supreme Court, High Court and CESTAT as on June 30, 2017, was 2,73,591, whereas the same significantly came down to 1,05,756 as on March 31, 2019, a reduction of 61 per cent. With regard to direct taxes, as many as 3.41 lakh cases were pending before commissioner (appeals), while 92,205 cases were pending before the ITAT as on March 31, 2019.

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