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Asia’s factories suffer major blow as tariffs dampen demandManufacturing activity in Asia contracted in April, impacted by weaker demand and Trump's tariffs, particularly affecting South Korea and T...- Utkarsh Small Finance Bank may have to pay Rs 52 crore more as income taxUtkasrh had been claiming taxation under the concessional tax rate regime since assessment year 2020-21 and it had been granted the said be...
- Indian economy more resilient now vs global financial crisis, says RBI Governor Shaktikanta DasEven though the financial sector continues to be sound and stable, more needs to be done to bring about more reforms, Das said at an event ...
- Can you claim HRA tax exemption for rent paid to spouse? Here's what experts sayA taxpayer is entitled to claim HRA exemption for rent paid to his or her spouse provided there is documentation to prove that the arrangem...
- Income Tax employees union complains of "unbearable workload"There were almost 30-35 per cent vacancies at ACIT/DCIT level and first supervisory position like JCIT/Addl CIT, while at the staff level a...
- Congress worker expelled over poster demanding Rahul Gandhi's resignationA poster by a local Congress worker demanding Rahul Gandhi's resignation in Naveen Market in Kanpur today led to sharp reactions within the...
- Staff shortage may hit direct tax collectionThe association has demanded that all new vacancies in the assistant commissioner created grade should be filled up by promotion and it mus...
- Proposed cadre restructuring of I-T not helpful: ITGOAAn Income Tax officers body today said the recently sanctioned cadre restructuring of the department will not be helpful in improving taxpa...
- 'I-T officers allege CBDT cadre restructuring farcical'The cadre restructuring of Central Board of Direct Taxes will not fulfil the targets set by the govt and also not improve customer service
- Means of implementation for developing world drying up: Salman KhurshidDespite new challenges and slowdown in global economy, India is committed to pursuing holistic sustainable development in its march towards...
- HC stays I-T order on attachment of Mahindra Satyam's land, buildingsIn a major relief to Mahindra Satyam, the Andhra Pradesh High Court today stayed an order issued by the Income Tax department seeking attac...
- Mahindra Satyam gets attachment order from Income Tax DepartmentMahindra Satyam today said it has received a provisional attachment order from the Income Tax Department attaching land and buildings of th...
- Theme park violates environment rules: HCHolding that the acitivities of the CPM controlled Pappinessery Eco Tourism society in the Theme Park at Kannur, violates the CRZ notificat...
- Economic recovery in H2, if stable govt comes: Goldman SachsGlobal financial major Goldman Sachs expects the Indian economy to recover from slowdown in the second half of this fiscal, if a stable gov...
- Varun national threat, Mayawati govt tells SCMayawati government has strongly opposed Varun Gandhi's challenge to his detention under the National Security Act.
- CBDT gives new meaning to charityIndustry Chambers and other such trade organisation that were apprehensive of coming under tax net after the government expanded the dfinit...
- Former SIMI activists still being questionedTwo former SIMI activists, picked up by police on Monday night, were still being questioned, police sources said on Tuesday.
- IPL bounty may bring BCCI in income tax netI-T authorities are getting ready to invoke the just-notified changes in law which would make BCCI difficult to avoid paying tax. Financial...
- Better give up your duplicate PAN soonThe IT dept has asked for all extra PAN numbers to be surrendered latest by 23rd February 2007.
- Karnataka puts five PSUs on the blockThe Karnataka government has decided to disinvest its stake from five loss-making Public Sector Undertakings, state's Minister for Disinves...
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