There were several reports in the social media that a few taxpayers were facing issues in filing the returns. What had happened? Unverified reports in the social media...
The Preliminary Report of the Standing Committee on Finance was tabled in the Parliament. The report titled Status of Unaccounted Income/Wealth Both Inside and Outside the Country A...
The Union Home Ministry has announced setting up of a Terror Monitoring Group (TMG) to ensure synergised and concerted action against terror financing and terror-related activities in Jammu...
The government has relaxed the norms under the definition of Start-Ups. The changes brought in are: The investment limit of angel investors to seek exemption under the Income...
As per the information provided by Minister of State for Finance Pon Radhakrishnan to the Lok Sabha 61 individuals who declared an income of more than Rs 100 crore...
A PIL has been filed in the Supreme Court by advocate Manohar Lal Sharma challenging the government’s notification authorising 10 central agencies to intercept, monitor and decrypt any...
Union Finance Ministry has appointed Akhilesh Ranjan, Central Board of Direct Taxes (CBDT) member as Convenor of Task Force that is drafting New Direct Tax Legislation (Law). He...
Appointments Committee of the Cabinet (ACC) has appointed three senior IRS officers K Dash, Akhilesh Ranjan and Neena Kumar as new members of Central Board of Direct Taxes...
Union Government has received Rs. 3,000 crore of additional tax from MNCs that have entered into advance pricing agreements (APAs) with it over last five years and also...
Union Finance Ministry has hiked threshold monetary limit for tax departments to file appeals all three levels of appeal — Appellate Tribunals, High Courts, and Supreme Court. The...
