The Income Tax (IT) Department has launched a mobile app that will enable taxpayers to check their information as available in the Annual Information Statement (AIS)/ Taxpayer… Read More...
The bankruptcy court has directed the income tax department to return the tax deducted at source (TDS) from Precision Fasteners after the auto-component maker was referred for… Read More...
Image Source : PIXABAY.COM The income tax department on June 28 said both buyer and seller will have to withhold taxes for transactions involving an exchange of one virtual asset… Read More...
Banks will soon move the government as they find themselves caught in the tax net while settling and rejigging loans to give distressed borrowers a second chance.
Slices of loans waived… Read More...
If you have not filed the income tax return for fiscal 2020-21, then you will be on the list of non-tax filers and have to face higher tax deduction at source from this financial fear.… Read More...
The finance ministry will clarify doubts on the applicability of new TDS provision regarding benefits or perquisites received in a business or profession, a senior tax official said on… Read More...
Nithin Kamath, CEO and co-founder at Zerodha, says with tax deduction at source (TDS) at 1 per cent being implemented from July 1, crypto volumes in India will drop off the cliff.
In a… Read More...
The finance minister Nirmala Sitharaman introduced specific tax regime for virtual digital assets in Union Budget2022-23. These virtual assets include cryptocurrency and NFTs… Read More...