![]() | 50 per cent of income taxpayers to opt for new regimeAccording to experts, changes proposed in the Budget 2023-24 have certainly made the new tax regime more attractive, but it is not good enough to pull 50% of the existing taxpayers to the new regime. |
![]() | I-T raids: Officials find ‘proof’ of tax evasionSearches continue at residences, offices of Rajapushpa, Muppa & others; Vasudha MD summoned by I-T officials |
![]() | Can Budget 2023 give a strong impetus to growth and job creation?India's potential growth is not 6.5%, but closer to 8%. Has Budget 2023 done enough to achieve that? |
![]() | Gain or bane: Know what industry experts feel baout budget 2023With the Union Budget presented by the Finance Minister Nirmala Sitharaman on Wednesday, we speak to industry experts who weigh in on how this budget affects their sectors as well as the people. |
![]() | Budget 2023: Rs 10,000 minimum threshold on TDS removedThe beneficiary is required to show this amount when filing Income Tax Return and non-reporting can lead to penalty of upto 200 per cent of the tax amount. |
![]() | Embellishing the BJP’s political capitalThe most significant talking point of the general budget was the marked increase in the income tax rebate limit for the salaried middle class. |
![]() | Budget 2023: Mighty dragon slayer of ills holding back the Indian economyUntil now, the middle class was told they were important and nice, but got the second place all the time. That changed on Wednesday with Sitharaman's five tax announcements... |
![]() | Budget 2023: No income tax up to Rs 7 lakh under new tax regimeNirmala Sitharaman said that in 2020, the new personal income tax regime with six income slabs was introduced starting from Rs 2.5 lakh. |
![]() | India has made significant progress in many SDGs: Finance MinisterThe efforts of the government since 2014 have ensured better quality of life for citizens of the country, Sitharaman added. |
![]() | I-T raids on prominent construction companies of Telangana51 teams participated in the searches at the offices, residences of promoters and top officials of construction firms |
![]() | I-T officials summon MD, director of Sri Aditya HomesAccording to sources, the I-T officials found irregularities in cash transactions. |
![]() | Union Budget: Middle class keep their fingers crossedThe greatest middle class fantasy that they successfully fuel almost every year is that Income-Tax must and will be replaced by Expenditure tax |
![]() | Time to organise yourself this Republic DayIf you are new to investing, you must start by educating yourself on personal finance. The first principle is understanding that merely saving money is not enough to tackle inflation. |
![]() | The necessity of taxing farmers’ income in IndiaIncome taxes must be paid if one’s income is above a threshold, irrespective of whether one is a farmer. |
![]() | Income Tax raids on realty firms continue in TelanganaThe funds were received from customers under pre-booking or to block their interested area in ongoing constructions. |
![]() | CBI books Navy personnel among 31 for income tax fraud in KeralaThe CBI has alleged that the remaining 31 people booked in the FIR have yet not returned the falsely claimed income tax refund totalling Rs 44.07 lakh to the income tax department. |
![]() | Trump Organization fined USD 1.6 million for tax fraudTrump himself was not on trial and denied any knowledge that a small group of executives were evading taxes on extras including rent-free apartments, luxury cars and private school tuition. |
![]() | TN’s own tax revenues up 37% in FY-23 first halfCommercial tax revenue, expected to be Rs 1.06 lakh crore as per budget estimates for the whole fiscal year, was Rs 54,494 crore as of September 2022. |
![]() | Tax collection in TN, Puducherry region up by 25%The net amount of direct tax collected in Tamil Nadu and Puducherry region for the financial year 2022-23 stood at Rs 64,102 crore, which is 25.5% higher than the previous year’s collection. |
![]() | IT department recovers Rs 11 crore from TMC MLA Jakir Hossain's house, factoriesJakir Hossain is the MLA from Jangipur in Murshidabad and a former junior labour minister in the West Bengal chief minister Mamata Banerjee’s cabinet. |
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