Searched for
RELIGIOUS TRUSTS TAXATION
From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...- Is extended August 31 ITR deadline applicable to all taxpayers or only select categories?The Union Budget 2026 has proposed a staggered timeline for filing income tax return (ITR) to ease the rush during the peak filing season ....
- Tax exemption was denied due to clerical error in ITR filing; ITAT Bangalore gives relief, says tax dept can’t take advantage of this errorThe Income Tax Appellate Tribunal in Bangalore has thoughtfully ruled that clerical oversights in income tax filings won't forfeit tax exem...
- New I-T Bill restores exemption for anonymous donations to trusts, TDS refund claim filing procedureThe Lok Sabha has passed the new Income Tax Bill, retaining ITR filing provisions for TDS claims and tax exemptions for anonymous donations...
- Parliamentary panel suggests relief in refunds to small tax payers if ITR not filed in due timeA parliamentary panel has suggested key changes to the Income-Tax Bill 2025, focusing on clarity and alignment with existing laws. The reco...
- New Income Tax Bill 2025 vs current Income Tax Act 1961: What is really new?New Income Tax Bill vs current Income Tax Act: The new Income Tax Bill will replace the Income Tax Act. However, not many people are able t...
- Income Tax Rule Change: Relief for companies, trusts and others for claiming benefit of lower tax, tax audit and others with new condonation of delay rulesIncome tax relief: The income tax department has released new rules for granting condonation of delay requests in filing specified forms. T...
- Don't leave everything you own to your kids; 8-point checklist for your asset transfer planTo think of your children as natural heirs and leave everything to them is a simple and noble thought. Do not allow your lack of preparedne...
- Government notifies FY22 I-T return form for trusts, political partiesDomestic and foreign contributions for corpus fund donations have now been further bifurcated under two heads -- corpus representing donati...
- 'Pandora Papers' bring renewed calls for tax haven scrutinyThe outcry came after a report revealed the way that world leaders, billionaires and others have used shell companies and offshore accounts...
- Sebi's new idea of social stock exchange throws up 3 opportunities for investorsSSE is likely to be a separate segment on existing stock exchanges. SEs eligible to participate in SSE, will be entities having social inte...
- How you will soon be trading the gold in your treasure chest like a stockDespite being second only to China in terms of gold consumption, India remains a price taker for gold in global markets. One of the reasons...
- How to raise revenue and be fiscally prudent: Nilesh ShahKautilya mentioned that taxes should be collected like bees collect honey from flowers.
- 600 Jan Dhan accounts under IT lens in Bihar and Jharkhand, naxal connection suspectedA total of 600 Jan Dhan accounts which have money deposits on an average in between Rs 1 to Rs 3 lakh are being probed in Bihar and Jharkha...
- Note ban adviser needs elementary course in economics: ChidambaramIf a farmer has some cash, it is not black money, but when he pays a doctor or a lawyer and does not get a receipt, then it is, Chidambaram...
- Poke me: Can Gods and Godmen be taxed?Somewhere else it is being disputed whether the amount of pre-specified aarti or worship offering, is exigible to service tax.
- Estate planning industry flourishes, as India's rich try to leave a lasting legacyThere are the lessons from history being drawn - as India’s old money and new money converge - on how its richie rich manage their assets.
- I-T dept questions merit in granting exemption to Iskcon's restaurant chain GovindaAccording to the I-T Department, the restaurant’s activities and source of income clearly fall under the definition of "business".
- How going overseas as religious workers is spawning opportunities for IndiansFor Indian community overseas, need for religious instruction and discourse is often even more important than Indians back home.
- NGOs urges Fin min to continue tax exemptions for them in DTCAn NGO has urged FM to continue tax exemption for them in the proposed DTC in order to encourage NGOs to undertake welfare activities.
Load More
