Showing results for "#Income Tax Act"
Rule of timely payment to MSMEs from today
MSMEs fear due to this provision, large buyers could cold-shoulder MSME suppliers and start buying either from those MSMEs that are not registered...
Centre notifies cost inflation index for 2023-24
The income tax department notified the CII for calculating long-term capital gains which arise from sale of assets like immovable property, securities...
SC: No penalty for delay in TDS remit
It said as per settled position of law, the penal provisions are required to be construed strictly and literally and as per the cardinal principle of...
Deadline for linking PAN with Aadhaar extended till June 30
Persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions, it added.
Life insurance scrips suffer from 'poison' in Amrit Kaal budget
The proposals in the Amrit Kaal budget presented to the Parliament by Finance Minister Nirmala Sitharaman has turned out to be an 'halahala' (poison)...
Budget wishlist: 'Pension should be made tax free'
The proceeds of the pension/annuity should be made tax-free in the hands of the customer or to allow deduction for the principal component, he added.
Govt extends deadline for filing tax audit report till Oct 7
Central Board of Direct Taxes (CBDT) has decided to extend the due date for filing of various reports of audit for the Assessment Year 2022-23
Govt open to ‘some tinkering’ in capital gains tax regime: Revenue...
The Act, however, excludes movable personal assets such as cars, apparels, furniture from this tax.
