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COMMON TAX CODE
‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...- 'Living his dream': Bangalore remote worker earns Rs 4.5 lakh post-tax + Rs 1 lakh from freelance, hits gym off-peak and travels freely on US jobA Bengaluru professional is reportedly earning ₹4.5 lakh monthly post-tax from a US remote job, supplemented by ₹1 lakh from freelance work...
- Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
- Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
- Google blocked the first known AI-powered attack on 2FA accounts; here is how hackers tried to break in, know how to stay safeForeign hackers attempted a novel AI-powered cyberattack targeting two-factor authentication using a zero-day exploit. Google's Threat Inte...
- A tale of two minorities: Why India never saw anti-Jainism like Europe's anti-semitismA comparison of Jains in India and Jews in Europe explores why one civilisation enabled coexistence while the other descended into exclusio...
- BSE vs MCX: Which stock are you betting on? Jefferies, Morgan Stanley, others have their sayAmidst market volatility, Indian stock exchanges BSE and MCX have seen significant rallies, driven by increased trading activity. Both repo...
- Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
- The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
- Meal vouchers at Rs 200 per meal: Who gets income tax benefit and how the ‘working hours’ rule appliesThe increase in the tax-exempt limit for employer-provided meals to ₹200 per meal under Rule 15 of the Income-Tax Rules, 2026 marks a signi...
- Gaming companies, groups in huddle over code of conduct for allIn December 2023, all these associations came together to sign the voluntary code of ethics with a proposal that the signatories would act ...
- CBIC extends customs duty and integrated GST exemptions till March 31, 2022The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday extended the basic customs duty and integrated goods and service tax ex...
- Government sets up study group on CTC for common service tax, excise dutyThe FinMin set up a study group to look into the possibility of a Common Tax Code (CTC) for service tax and central excise duty.
- FinMin to set up expert group on common tax codeThe PHD Chamber, however, said that the additional service tax liability of two per cent would adversely impact the industry at large.
- Budget 2012-13: Common tax code on anvil for service tax, excise dutyOn the lines of the proposed DTC, the govt plans to come out with a Common Tax Code (CTC) for service tax and central excise duty to harmon...
- Direct tax code may spare home loansGovt may modify draft direct tax code to retain tax shelters on interest & principal repayments for home loans to make code amenable to 'aa...
- CII organises interactive session on Direct Tax CodeConfederation of Indian Industry Gujarat chapter organised an interactive session on the new Direct Tax Code to understand common issues fr...
- States fall in line on common VATThe Centre is working on e-governance for VAT administration which will facilitate e-filing.
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