Bombay High Court heard a petition filed by Hiralal H. Malu, the legal representative of his late wife, Shakuntala Malu, regarding the return of seized jewelry. The Income Tax Department had seized ...
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Income Tax: Big game played in the name of tax refund, Income Tax Department defrauded of more than 100 crores..The Income Tax Department keeps a close watch on the income coming under the purview of income tax and the details of the ...
( MENAFN - KNN India) New Delhi, Feb 1 (KNN) Kumar Rajagopalan, CEO, Retailers Association of India, has expressed strong support for the provisions in Budget 2025, highlighting several key measures ...
In the amended income tax returns form to be submitted there should be allowance for showing and taking deduction for agriculture income (an example). So, India Income Tax authorities should be ...
The income tax department has come out with a fresh guidance note on the applicability of the Principal Purpose Test (PPT) for claiming tax treaty benefits, which will apply prospectively.
A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...
The Income Tax department raided the homes and offices of producers linked to Pushpa-2 and Dil Raju in Hyderabad, probing potential tax evasion. The Income Tax department conducted raids on ...
Should that not occur, then as 2025 winds town taxpayers with children should evaluate whether to increase income tax withholding or estimated tax payments.” Trump signs order delaying TikTok ...
Another important expectation relating to income tax is the introduction of the Direct Tax Code (DTC) in Budget 2025. The DTC aims to simplify India’s intricate tax system, making it more accessible ...
Earning abroad might feel like a financial win, but without knowing India's tax rules on foreign income, it could become a costly mistake. This guide unpacks how India's Income Tax Act treats your ...
IR35 refers to legislation designed to ensure that workers who are essentially employees pay the same income tax and National Insurance contributions as direct employees. It was noted that Robson ...
Also, India’s tax base is too narrow ... Together, though, the elite account for less than a fifth of income tax collections,” the piece reads. But the taxpayers stuck in the middle are the ones who ...
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