All bets are off as SC’s GST ruling squeezes RMG companiesThe GST demand of Rs 92,000 crore on past transactions will also impact larger players such as Dream11, Junglee Games and Mobile Premier Le...
29 May, 2026, 08.08 AM IST
Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...
13 May, 2026, 04.59 PM IST
Old vs new tax regime: Key differences that you must know before ITR filing for tax year 2026-27The new tax regime offers lower rates but removes many deductions, making a thorough comparison with the old regime crucial. While both reg...
05 May, 2026, 05.27 PM IST
No notice for AY14 to AY16 if untaxed amount less than Rs 50 lakh: CBDT's instructions to field officialsThe CBDT late Wednesday issued a detailed set of instructions to field officials in the light of the recent Supreme Court order. The apex c...
12 May, 2022, 12.41 AM IST
I-T dept extends deadline for various tax compliancesThe quarterly statement in Form 15CC to be furnished by authorised dealers in respect of remittances made for the April-June quarter can no...
03 Aug, 2021, 09.58 PM IST
Employee social network Mesh raises funds from Y Combinator, othersMesh is building an internal social platform for companies that makes it easier for employees to track their daily and weekly tasks, manage...
21 Aug, 2020, 07.42 AM IST
All communication with taxpayers to be from NeAC under faceless assessmentAll the functions would be through electronic means for which the NeAC will be the gateway and will function as such for all the flow of in...
16 Aug, 2020, 07.12 PM IST
Vasant Nangia is new CEO of ChumbakChumbak founder Vivek Prabhakar will continue as head of marketing and digital, and co-founder Shubhra Chaddha will continue to head produc...
08 May, 2020, 08.29 AM IST
Indirect expenses can be excluded for margin computation: ITATThe ITAT confirmed the findings of CIT (A) that exclusion of certain expenses like depreciation, repairs and maintenance could not be direc...
20 Mar, 2017, 07.28 PM IST
Offshore supplies taxable in India in case of composite contract for supply and services: AARThe contract under consideration was awarded to L&T, which in turn awarded a sub contract to the Singapore Company.
09 Mar, 2017, 02.38 PM IST
Mauritius-based SPVs eligible to claim tax benefits under DTAA: AARAAR has dealt with the issue of residential status of the applicant which is guided by the place where the control and management of affair...
08 Mar, 2017, 05.51 PM IST
Restraint on taxmen sharing information about assessees removed to track black moneyThe amendment to Section 138 dilutes the provisions that restricted sharing of tax information about assessee with other agencies or author...
22 Feb, 2017, 05.59 PM IST
India-Japan amended tax treaty comes into forceSimilarly, General Insurance Corporation of India and New India Assurance Company Ltd have also been included in the definition of 'Central...
01 Nov, 2016, 09.12 PM IST
Equalisation levy to make apps purchased on Apple, Google platforms dearer by 8%The levy, a tax on cross-border digital transactions, will next be applied on mobile applications bought from companies such as Apple and G...
11 Jul, 2016, 04.04 PM IST
Mobile application Smytten showcasing premium brands from India to go live this weekSmytten, a mobile application showcasing premium brands from India and abroad as well as highend wellness, fitness and luxury stay services...
17 Nov, 2015, 04.00 AM IST
HUL wants its future consumers to know IPRThe proposal was part of its suggestions made to the new National IP Policy that will oversee implementation of IPR laws and regulations in...
27 Apr, 2015, 11.28 AM IST
Amazon plans to invest Rs 1,155 crore to build its presence in IndiaWe continue to invest in infra and logistics, to enable our sellers to service customers across the country at low operating costs, Amazon ...
11 Mar, 2015, 04.43 AM IST