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VRS TAXATION CASE
Employee wrongly reported Rs 65.21 lakh VRS payout in ITR, lost tax relief; ITAT Pune rules the amount is not taxable and grants him reliefEmployee got Rs 65.21 lakh as VRS after company shut plant, but wrong ITR reporting led to tax dispute; ITAT Pune rules in his favour and g...
Incomes that are exempted under the new tax regimeThough an individual cannot claim certain deductions in the new tax regime, however, a certain type of incomes remain tax-exempted under th...
Budget 2018: Employment-related payments get taxableA wide range of income received — say non-compete payments (which sometimes did not fit the above definitions of salary or profits in lieu ...
Plus and minus points of Senior Citizens’ Savings SchemeSCSS offers tax benefits under Sec 80C and allows premature withdrawals. However, there are a few problems that need to be fixed.
- Query Corner: Taxation
Our expert guides you in matters relating to taxation.
- Panel wants tax parity for MNCs, local cos
The working group on non-resident taxation, set up by the finance ministry and headed by the director-general of income-tax (international ...
- Strategy under uncertainty: the privatisation option
Economictimes.com reproduces the speech delivered by Pradip Baijal, Secretary, Ministry of Disinvestment, at the Delhi edition of the semin...