Searched for
EASWAR COMMITTEE
'Don't treat earning below Rs 5 lakh from shares as biz income'The move to make annual income of less than Rs 5 lakh made on equity trading as short-term capital gains would help reduce litigations.- Easwar panel submits 2nd report on I-T laws to FM Arun JaitleyThe Committee was entrusted with the broad objectives of studying and identifying the provisions/phrases in the I-T Act that result in liti...
- 84 per cent of TDS disputes resolved: Government in Rajya SabhaMinister of State for Finance Jayant Sinha said the government has so far resolved 84 per cent of 49,000 complaints received from the publi...
- Budget 2016: 'Disappointing budgetary provisions for corporates'To his credit, the FM has delivered on some of the promises given that retrospective taxation, some key transfer pricing controversies have...
- Budget 2016 attempts to achieve socialist objectives for the poor: Sudhir KapadiaSudhir Kapadia says that Budget 2016-17 clearly attempts to achieve socialist objectives for the poor at the cost of the ‘well off’
- Budget 2016: Fewer tax hassles for professionalsProfessionals will now be able to file taxes via a simpler ITR-4S form instead of the lengthier ITR 4.
- Budget 2016: Proposals related to tax simplification, certainty and minimizing litigation, says Naveen Aggarwal, KPMGThe statement also added that the Finance Minister has accepted several recommendations of Justice Easwar Committee, including extension of...
- Budget 2016: Minimising administrative challenges faced by individual taxpayersVarious factors such as ambiguity in tax laws, cumbersome compliance requirements, aggressive tax assessments, etc. could be the potential ...
- What individual taxpayers can expect in Budget 2016It is widely expected that the Modi government will raise the basic exemption limit to Rs 300,000 from its current level of Rs 250,000.
- Budget 2016: Why FM Arun Jaitley should lower TDS ratesAnomalous 10% TDS rate is much higher than the average tax rate on income. 10% TDS rule hurts seniors because their income is mostly from i...
- Where TDS is applicable and how to avoid itCleartax.in lists the incomes and transactions on which TDS is applicable and how one can avoid it.
- Budget 2016 may offer sops for housing, healthcare, educationFinance Minister Arun Jaitley is likely to introduce some incentives in Budget 2016 that may include benefits for housing, healthcare and e...
- Government looking at Shome panel report to simplify tax system: FM JaitleyThe Tax Administration Reform Commission (TARC), headed by Shome, had in its report pitched for a separate budget allocation to ensure time...
- Easwar panel moots lower TDS rate among new proposals on taxA panel headed by Justice R.V. Easwar has recently come up with several taxpayer-friendly amendments to the tax laws.
- Lower TDS rate; amend capital gains tax laws: Easwar panelIn a 78-page draft report, the Justice (retd) RV Easwar Committee has suggested simplifying classification between capital gains and busine...
- Easwar committee may have far reaching implications, say expertsModi government has been attempting to act towards softening some of the tax stance. Industry trackers say that some of the recommendations...
- Easwar panel on Income tax for raising threshold for TDS deductionA high level panel on simplification of income tax laws today recommended raising the threshold limits for deduction of tax at source (TDS).
- Income Tax department developing mobile app for filing returnsOnline filing of tax returns has caught up in a big way in recent years, while filings through mobile apps can make it even easier for the ...
- Government preparing roadmap for dealing with tax litigation: Hasmukh Adhia, Revenue SecretaryThe Finance Ministry is preparing a roadmap for dealing with the problem of large number of tax litigations, Revenue Secretary Adhia said t...
- Government sets up 10 member panel to simplify income tax lawThe panel, headed by retired Delhi high court judge R V Easwar, has also been tasked with identifying provisions and phrases in the I-T Act.
Load More
