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EXPLANATORY MEMORANDUM
No arrest by income tax recovery officer if you have failed to pay pending tax demands; amended Finance Bill 2026- No loss of income tax refund under new Income Tax Act 2025: Loss can be set-off with tax refund due under old 1961 Income Tax Act
- Unlimited tax exemption on ULIP returns for non residents if it is bought from this GIFT city insurance intermediary office: Budget 2025
- 1% TDS on property purchase over Rs 50 lakh even in case of multiple buyers or sellersThe 1% TDS applies on the purchase price or the stamp duty value, whichever is higher. This amendment proposed in Budget 2024, comes into e...26 Jul, 2024, 03.48 PM IST
- No more reopening, re-assessment of old ITR beyond 3 years if escaped income is below Rs 50 lakhRe-Assessment of Old ITR: Budget 2024 has brought significant relief as tax authorities are no longer allowed to reopen old income tax retu...24 Jul, 2024, 03.20 PM IST
- Budget 2024 reduces TDS on life insurance policy payout from 5% to 2%, Now get a higher payout on these caseIn the Budget 2024 proposal, it has been announced that the payout from your life insurance policy will be higher due to a reduction in the...23 Jul, 2024, 05.50 PM IST
- TRAI broadens scope of telecom consumer education fundThe Telecom Regulatory Authority of India (Trai) on Friday amended regulations 6 and 13 of the Telecommunication Consumers Education and Pr...14 Jun, 2024, 07.16 PM IST
- Trai issues rules around draft consumer educationThe sector regulator has issued draft rules to amend the Telecommunication Consumers Education and Protection Fund Regulations, 2007, which...24 Jul, 2023, 01.53 PM IST
- Government has no plans to give permanent status to finance commission: Anurag ThakurCore responsibilities of the finance commission include evaluating the state of finances of the Union and State governments, recommending t...10 Feb, 2020, 02.51 PM IST
- Companies claiming profit-linked deduction must file returns in time: CBDTExplaining the provision, CBDT said any profit-linked deductions which are allowed under part C of Chapter VI will not be permitted if tax ...05 Feb, 2018, 06.36 PM IST
- Government plugs loopholes that companies use for evasion of taxThe government has sought to prevent camouflaging of dividend in various ways such as via loans and advances and also end litigation.03 Feb, 2018, 10.50 AM IST
- Team-based income tax scrutiny, e-assessment of returns from FY'19The Finance Bill 2018 has proposed to come out with a new scheme for scrutiny assessment to improve effectiveness of tax administration.01 Feb, 2018, 09.09 PM IST
- IUC should not be a profit for any company: RS Sharma, TRAI Chairman'They were arguing for cutting the IUC. This time they are arguing that you do not cut the IUC," said TRAI Chairman RS Sharma.26 Sep, 2017, 04.34 PM IST
- No assumptions, only facts in IUC cut decision: Trai chief RS SharmaTrai has been extremely transparent. There was no prior determination of a number. There are no assumptions in the decision.21 Sep, 2017, 12.14 AM IST
- Goa government to provide aid to villages hit by mining closureThe grant-in-aid is provided to empower local bodies to tide over the financial crisis due to halting of mining, the government said.29 Jul, 2015, 03.27 PM IST
- Coal scam: CBI to file revised closure report in courtSpecial public prosecutor R S Cheema told the court that the agency will file a comprehensive revised closure report which would be "explan...09 Sep, 2014, 04.36 PM IST
- TRAI's tariff order for commercial subscribers of cable TVTRAI said that in the rates of TV services, there should be no differentiation between an ordinary subscriber and a commercial subscriber.16 Jul, 2014, 10.18 PM IST
- DLF plans to give special retirement benefits to directorsDLF today said it has sought sharholders approval to modify the company's memorandum of association for providing specific retirement benef...23 Jul, 2013, 09.30 PM IST
- Budget brings Mukesh Ambani's holding companies under tax netJust last year, Ambani had rejigged his 35% stake in RIL by transferring his shares to 27 limited liability partnerships.01 Mar, 2011, 06.27 PM IST
- Govt limits company loans to directorsNEW DELHI: The government has limited the company loans to its directors to 25 times the gross salary in the last six months and pegged the...19 Feb, 2002, 02.06 AM IST
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