Union Finance Minister Nirmala Sitharaman will announce the interim budget for the year 2024-25 on February 1, 2024 with no major announcements ahead of the 2024 Lok Sabha elections scheduled for …
More than 63% of tax-paying Indians are still on the old tax regime, compared to the 37% who have moved to the new one, found a survey conducted by …
If your Aadhaar card and PAN card are not linked, you may end up paying TDS of 20 percent on the purchase of property instead of 1 percent. The …
Stressing that the officials at different levels were engaged in redressing genuine grievances of the assessees swiftly, Income Tax officials appealed to chartered accountants (CAs) to impress upon their …
The Reserve Bank of India (RBI) refrained from surprising the market as on expected lines it kept policy rates and stance unchanged on Friday, December 8. The Monetary Policy Committee (MPC) …
The Gujarat High Court on Thursday slammed officials of the Income Tax Department for allegedly raiding an advocate’s premises here and seizing certain digital and physical files/documents of one …
The Income Tax (IT) Department is likely to file an appeal in the Supreme Court (SC) against a Delhi High Court (HC) ruling which declared any IT assessment order …
Direct tax receipts will likely show a robust performance for the third year in a row post-pandemic, giving enough space to the Centre to keep the fiscal deficit within …
The National Financial Reporting Authority (NFRA) has superior and overriding powers over the Institute of Chartered Accountants of India (ICAI) in matters relating to professional misconduct of chartered accountants …
The Reserve Bank of India’s Monetary Policy Committee (MPC) is likely to keep interest rates unchanged this week while signalling tight liquidity conditions and vigilance on inflation, as rising food …