2017-04-29 12:24
The Central Board of Direct Taxes (CBDT) entered into two Unilateral Advance Pricing Agreements...
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2017-04-28 09:38
In exercise of the powers conferred by section 5 read with sub-section (1) of section 7...
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2017-04-27 13:32
The Biggest Indirect tax reform of Independent India is on its way to implementation. Key steps of...
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2017-04-26 11:09
CBDT has issued circular no. 16/2017 dated 25 April 2017 about Lease rent from letting out...
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2017-04-26 10:56
CBEC has issued an order no. 1/2017 dated 25 April 2017 about extension of due date of filing...
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2017-04-24 11:11
Taking a personal loan nowadays is just a click away. It can come handy during the times of need –...
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2017-04-23 06:45
CBDT has issued ITR-7 form for the financial year 2017-18. Earlier the department issued income tax...
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2017-04-22 12:59
Labour Minister Bandaru Dattatreya today said that the Finance Ministry has approved 8.65 per cent...
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2017-04-22 12:58
The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY) had...
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2017-04-21 08:44
The final draft of GST laws has been tabled in the Lok Sabha for discussion on 28.03.2017. It is...
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2017-04-21 08:21
In exercise of the powers conferred by clause (c) of section 199B of the Finance Act, 2016 (28 of...
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2017-04-18 10:36
CBDT issued circular no. 13/2017 dated 11 April 2017 regarding clarification on liability to...
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2017-04-15 08:35
At the onset of the new financial year, the Central Board of Direct tax has notified the income tax...
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2017-04-14 09:10
The Income Tax Department (ITD) launched “Operation Clean Money” (OCM) on 31st January 2017 to...
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2017-04-13 14:01
A unique PINCODE 560500 has been allotted to Centralized Processing Centre (CPC), Income Tax...
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2017-04-13 13:58
Genuine equity investments through initial public offers and bonus share issues won’t have to face...
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2017-04-12 08:14
Service tax department issued latest version of ST3 service tax return excel utility version 1.9...
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2017-04-11 09:23
In order to improve the Ease of Doing Business for newly incorporated corporates, CBDT has...
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2017-04-11 09:13
The Inter-Governmental Agreement (IGA) with USA for implementation of FATCA entered into force on...
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2017-04-10 11:46
If you are a salaried individual, your taxes are automatically deducted and paid to the government....
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2017-04-09 08:33
The New Financial Year has arrived and it has brought a number of changes in some important tax...
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2017-04-09 08:27
Section 139AA of the Income-tax Act, 1961 as introduced by the Finance Act, 2017 provides for...
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2017-04-08 09:06
In exercise of the powers conferred by section 139A and section 285BA, read with section 295...
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2017-04-08 09:06
Concerted & co-ordinated actions of Law Enforcement Agencies (LEAs) under the Department of...
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2017-04-07 10:49
CBDT has notified income tax return form ITR-5 for the financial year 2017-18. CBDT already issued...
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2017-04-07 07:30
On 26th November 2016, the Government had put revised draft CGST/SGST Act, IGST Act (referred...
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2017-04-07 03:30
Various legislative steps have been taken by the Finance Act, 2017 to curb black money by...
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2017-04-06 07:30
In exercise of the powers conferred by clause (d) and clause (e) of proviso to clause (5)...
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2017-04-05 11:26
CBDT notifies new income tax return form ITR 2 and ITR 3 for financial year 2017-18. The department...
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2017-04-05 11:26
Form and manner of furnishing details of outward suppliesEvery registered person required to...
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2017-04-04 12:27
After a gap of five years, State Bank of India BSE 0.19 %, India's biggest lender, will start...
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2017-04-04 12:12
The provisional figures for revenue collections up to March, 2017 show a gross Direct Tax...
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2017-04-03 11:47
The Central Board of Direct Taxes has notified Income-tax Return Forms (ITR Forms) for the...
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2017-03-31 09:05
In exercise of the powers conferred by section 139 read with section 295 of the Income-tax Act,...
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2017-03-31 08:28
The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016(hereinafter ‘the...
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2017-03-29 11:11
Since all four Bills relating to GST have been introduced in Lok Sabha on 27-3-2017, there are very...
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2017-03-26 08:08
In exercise of the powers conferred under clause (a) of sub-section (2) of section 119 of...
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2017-03-26 07:54
A reference is invited to the circulars DPSS.CO.CHD.No./2656/03.01.03/2016-17 dated March 23,...
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2017-03-26 07:52
The Third Protocol amending India-Singapore Double Taxation Avoidance Agreement (DTAA) which was...
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2017-03-24 12:43
CBDT issued a circular no. 10/2017 dated 23 March 2017 about clarification on income computation...
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2017-03-24 11:53
A reference is invited to the circular issued by our Department of Government and Bank Accounts...
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2017-03-22 07:55
The Lok Sabha passed the Finance Bill, 2017. The Bill presented originally in the Lok Sabha on...
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2017-03-21 07:30
The existing Double Taxation Avoidance Agreement (DTAA) between India and Korea was signed on 19th...
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2017-03-20 10:45
Proviso to sub -rule ( I) to rule 11-1 of Income Tax Rules. 1962 notified vide notificatio n...
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2017-03-20 10:44
The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (hereinafter 'the...
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2017-03-03 11:13
Vide Instruction No. 3/2017 dated 21.02.2017, in file of even number, CBDT has issued a SOP...
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2017-02-23 12:34
Tin.nsdl has launched latest File validation utility FVU version 5.4 and FVU extract version 2.150...
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2017-02-23 12:13
Tin.nsdl launched latest return preparation utility RPU version 1.9 for regular and corrective...
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2017-02-22 12:08
Post demonetisation of Rs. 500 and Rs. 1000 notes on November 8, 2016, several malpractices has...
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2017-02-15 12:51
The Centralised Processing Centre (CPC) of the Income Tax Department (ITD) has already processed...
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2017-02-12 07:19
Finance Minister Mr. Arun Jaitley in his budget speech reduced income tax cash payment limit under...
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2017-02-11 13:03
The Direct tax collections up to January 2017 show a consistent growth trend. The collection net of...
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2017-02-10 13:19
Finance Minister Mr. Arun Jaitley made significant announcement in terms of long term capital gain...
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2017-02-07 08:32
The Central Board of Direct Taxes (CBDT) has entered into four more unilateral Advance Pricing...
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2017-02-07 08:19
India and Austria signed a Protocol amending the existing Convention between the two countries for...
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2017-02-05 08:58
Finance Minister Mr. Arun Jaitley presented the budget on February 1. In this budget there are some...
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2017-02-01 13:01
For Individual the big annoucements in union budget 2017 are as follows.
1- The maximum amount of...
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2017-02-01 12:55
The Union Budget 2017 was laid before the Parliament today by the Hon’ble Finance Minister of...
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2017-01-31 14:42
Income Tax Department (ITD) has initiated Operation Clean Money, today. Initial phase of the...
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2017-01-31 14:21
Reintroduction of Standard DeductionTill financial year 2004-05, a standard deduction to the extent...
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2017-01-30 12:08
Reserve Bank of India removed all limits on cash withdrawl from current account, cash credit...
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2017-01-25 13:15
CBDT issued corrigendum of circular no. 1/2017 dated 2 January 2017. There are few changes in the...
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2017-01-22 17:30
You can avail tax benefits under various sections of the Income-Tax Act. But the most common, and...
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2017-01-20 11:46
FundsIndia.com, India’s leading online investment platform, has launched Super Savings Account,...
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2017-01-19 12:48
Entertainment Allowance [Section 16(ii)]:A deduction is also allowed under section 16(ii) in...
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2017-01-18 12:12
The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 (hereinafter ‘the...
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2017-01-18 07:39
Circular No. 41/2016 was issued on 21.12.2016 which dealt with clarification on Indirect Transfer...
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2017-01-14 16:44
Section 80DDB allows a deduction in case of employee, who is resident in India, during the previous...
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2017-01-13 13:02
Deduction in respect of Life insurance premia, deferred annuity, contributions to provident fund,...
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2017-01-13 11:33
In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32...
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2017-01-10 12:55
Any income falling within any of the following clauses shall not be included in computing the...
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2017-01-10 12:27
The figures for Direct Tax collections up to December, 2016 show that revenue net of refunds is Rs....
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2017-01-09 12:18
The value of rent free accommodation provided to the employee by his employer;
II. The value of any...
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2017-01-08 09:52
As per the Finance Act, 2016, income-tax is required to be deducted under Section 192 of the...
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2017-01-07 16:52
CBDT issued a notification no. 2/2017 dated 6 January 2017 and make income tax 1st amendment rule...
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2017-01-04 09:16
Reserve bnak of India has exended exchange facility for old currency notes for foreign citizens...
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2017-01-03 08:57
Ministry of consumer affairs, Food and public distribution department issued a notification as...
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2017-01-03 08:38
CBDT issued a notification no. 13 of 2016 dated 30 December 2016 about Procedure for registration...
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2017-01-03 08:10
CBDT issued a notification no. 14 of 2016 dated 30 December 2016 about Procedure for Registration...
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2017-01-02 07:15
Facility for exchange of Specified Bank Notes (SBNs) during Grace Period – Verification of KYC and...
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2017-01-01 08:02
The President has cleared the ordinance (i.e., Specified Bank Notes (cessation of Liabilities)...
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2016-12-30 11:04
In order to reduce the pending litigation, the Direct Tax Dispute Resolution Scheme, 2016 (the...
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2016-12-30 11:00
The Central Board of Direct Taxes (CBDT) has closed the year 2016 by entering into two more...
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2016-12-29 10:09
The Taxation Laws (Second Amendment) Act, 2016 has been enacted by Parliament on 15.12.2016. The...
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2016-12-27 12:15
Government hikes threshold limit for ESI applicability from Rs. 15000 to Rs. 21000. Full...
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2016-12-26 13:11
The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter referred to as ‘the...
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2016-12-26 13:01
The Centralized Processing Cell (TDS) offers you a variety of value-added services through its...
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2016-12-14 11:31
Under the existing provisions of section 139(5) of the Income-tax Act, 1961 ('Act'), Revised Return...
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2016-12-14 11:20
Recent initiatives of the Government to curb the black economy in the country has...
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2016-12-13 11:35
The Ministry of Finance, Government of India through its Department of Financial Services(DFS) has...
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2016-12-03 10:19
The Government has announced demonetization of existing currency of Rs. 500/1000 with effect from...
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2016-12-03 10:12
1. Declaration to be made only in respect of cash or specified deposits.
2. No crime money can be...
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2016-12-02 11:12
In order to remove any doubt about the current position of Income Tax Law with respectto gold...
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2016-12-02 11:07
Reserve Bank of India clarifies that no restrictions made on deposit on current, cash credit or...
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2016-11-30 08:44
Reserve Bank of India revised maximum limit of withdrawl under Pradhan Mantri Jan Dhan Yojana...
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2016-11-29 08:54
The Government announced demonetization of existing currency of Rs 500/1000 as a step forward to...
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2016-11-29 08:47
Reserve Bank of India makes relaxation on withdraw of Cash at any limit from bank deposit account....
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2016-09-23 03:24
Q 1. What is Goods and Service Tax (GST)? Ans. It is a destination based tax on consumption of...
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2016-09-23 02:55
The CBDT had notified Income Declaration Scheme ('IDS') with effect from June 1, 2016. The last...
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2016-09-22 03:19
Kotak Mahindra Bank has launched ‘Kotak Now’ – a paperless digital account opening process on...
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