Why GIFT City matters for India’s next phase of global capital flowsGIFT City is emerging as a key gateway for India’s global capital flows, offering NRIs a simplified, globally aligned investment platform. ...
CBDT exempts certain IFSC unit payments from TDSThe Central Board of Direct Taxes provides tax relief. Payments to International Financial Services Centre units are now exempt from Tax De...
PPFAS Alternate Asset Managers IFSC opens a new office at GIFT cityPPFAS Alternate Asset Managers IFSC, subsidiary of Parag Parikh Financial Advisory Services, opened its GIFT City office to serve as a hub ...
Budget at a glance: What stock market investors need to knowThreshold limit of tax deducted at source (TDS) on dividend income from MFs has been doubled to ₹10,000. Now, there will be zero TDS on div...
Budget 2025 key announcements: With major focus on 'ease of doing business', what has India Inc gained?Budget 2025 Key Announcements: Finance Minister Nirmala Sitharaman's eighth Budget highlights significant measures for India Inc, including...
Union Budget 2025's tax dilemma and expectations for Viksit BharatIndia Budget: The Union Budget 2025 is eagerly anticipated, with significant expectations from the banking and financial sectors. Key propo...
Select payments to units in IFSC exempted from TDSThe Centre on Friday notified 14 categories of payments made by any payer to IFSC units on which no TDS is required. This exemption was so ...
Certain payments to units in IFSC exempted from TDSThe Indian government has exempted specific payments made to units of 14 service sectors in the International Financial Services Centre (IF...
Budget expectations from AIFs, mutual fund industry and IFSC in Gift CityOn 1 February 2024, Finance Minister Nirmala Sitharaman will present her interim budget in India's election year. The focus is on making In...
Budget 2024 could expand AIS to include 6 more incomes of individualsThe government introduced the Annual Information Statement (AIS) in Budget 2021 to make it easier for individual taxpayers to check their f...
Key amendments to the Finance Bill and their material impactLok Sabha on Friday passed the Finance Bill 2023 giving effect to tax proposals. The Finance Bill was passed with several official amendmen...
Budget 2023: Boosting stability in financial sector amidst global uncertaintyUnion Budget 2023: The financial services sector is the backbone of any economy as it responds dynamically to movements in the global econo...
Documents required for filing ITRHere is the list of documents you must collect and things you must do before filing your income tax return for FY 2019-20.
View: Surcharge on entire tax liability to make the wealthy shell out moreWhile several countries, including Scandinavia, Australia, South Africa and China, have even higher rates, they also have social security s...
How to prepare to file ITR 1 for FY2017-18Before you start filing ITR, you need to know all the income sources in FY 2017-18 and choose the correct ITR form to file your return.
Have you received your tax refund yet?For all those waiting for income tax refunds, check for reasons and rectify them as tax department has processed refunds for those who had ...
Paid too much TDS? Here’s how you can get it backIf you were unable to make tax-saving investments or failed to inform your employer on time, you can get back the excess tax deducted if yo...