Budget 2020: Income tax cuts, slab rejigs on FM's tableThe govt is considering giving more money to people via schemes such as PM-KISAN, boosting infra spend.
31 Dec, 2020, 04.44 PM IST
How the proposed new Direct Tax Code could cut your income taxThe Akhilesh Ranjan taskforce, set up to suggest an overhaul of the Income Tax Act, has also recommended sweeping changes in the tax slabs....
30 Oct, 2019, 06.08 PM IST
Sitharaman has her task cut out as what India wants next becomes clearAn ET Online survey has found out what people want next after last month's corporate tax cut.
25 Oct, 2019, 08.58 PM IST
Corporate tax system complex, need to make it more streamlined, says CBDT's Akhilesh RanjanDTC report focuses on using tech to improve compliance; growth in direct tax collections less than expected.
19 Sep, 2019, 04.41 PM IST
Faceless tax assessment pilot likely from October 8The plan will initially be limited to assessments in which tax officials have maximum one or two queries and then expanded.
01 Sep, 2019, 11.43 PM IST
Panel to redraft I-T Act to focus on removing ambiguities, unlikely to suggest rate changesIn September last year, Prime Minister Narendra Modi, had said in an event that the Income-tax Act, 1961 needs to be redrafted.
04 Dec, 2018, 07.55 PM IST
Task force to review I-T laws gets 3 months more till Aug to finalise reportIn March, the task force had sought stakeholders' feedback on their experience of filing income returns on the I-T portal as well as scruti...
22 May, 2018, 10.00 PM IST
Flat income tax system undesirable: Industry, trade officialsThe new law is to replace the existing Income Tax Act, 1961.
30 Nov, 2017, 04.00 PM IST
I-T lens on Amitabh Bachchan, others in Panama caseThe tax department has launched 33 prosecutions linked to the names revealed in the Panama Papers and is probing others.
14 Aug, 2017, 08.00 AM IST
PMO asks Shipping Ministry to fast-track Sagarmala projectThe Prime Minister's Office has asked the Shipping Ministry to expedite work on Sagarmala project, aimed at port-led development.
24 Aug, 2014, 12.55 PM IST
Pranab Mukherjee among top 5 global forces dealing with 'Transfer Pricing'Finance Minister Pranab Mukherjee has been ranked fifth in the list of top forces that effectively deal with transfer pricing, prepared by ...
05 Apr, 2012, 07.57 PM IST
- Food ministry snubs UID on PDS reforms
The ministry has ignored the Nilekani taskforce report making UID central to IT reforms in the PDS and has instead proposed its own system ...
06 Feb, 2012, 11.51 AM IST
- Economic recovery incomplete, stimulus had to stay: FM
Finance minister Pranab Mukherjee on Wednesday said that economic growth will recover in the fourth quarter of the fiscal, after slipping t...
04 Mar, 2010, 01.29 AM IST
- Kelkar taskforce recommends 3 slabs of customs duties
Kelkar taskforce on direct and indirect taxes recommended three slabs of customs duties including zero per cent duty for life savings drugs...
27 Dec, 2002, 01.05 PM IST
- Budget may usher in long-term gains for cos
Groundwork for the ’03-04 budget is all set to begin in full earnest with the twin taskforces headed by Vijay Kelkar slated to submit their...
26 Dec, 2002, 03.15 AM IST
- 'Withdrawal of tax sops will be compensated'
Any withdrawal of exemptions that hurt corporate income would be compensated by the simultaneous withdrawal of dividend tax and capital gai...
22 Nov, 2002, 12.20 AM IST
- Travel out of elitist domain: FM
THE Finance Minister Jaswant Singh in his first public address before an industry association on Thursday stressed on the need to have an a...
18 Oct, 2002, 03.38 AM IST