Budget has 10 big tax changes for India Inc: What you need to knowUnion Finance Minister Nirmala Sitharaman's eighth Budget emphasizes tax reforms to benefit businesses. Key updates include tax breaks for ...
02 Feb, 2025, 12.47 PM IST
Creating a nurturing startup environment: A pre-Budget perspective on the Indian economyThe Indian economy's growth hinges on fostering a startup-friendly environment by reducing bureaucratic complexities. Key areas of interven...
30 Jan, 2025, 04.53 PM IST
I-T breather to help loss-making firms conserve working capitalLoss-making companies with high cash burn, including startups, would get a boost from a key amendment proposed to the Income Tax Act in the...
25 Jul, 2024, 06.00 AM IST
Budget 2023 needs to do this to make ESOPs more attractive for employeesThe government in Budget 2020 eased the taxation of Employees Stock Options or ESOPs. However, the current income tax laws concerning taxat...
20 Jan, 2023, 10.59 AM IST
Tax deductibility of Covid expenditure tops corporate India's Budget wish listThe first expectation from corporate India is for tax deductibility of expenditure on Covid, said Dinesh Kanabar, CEO, Dhruva Advisors, a t...
15 Jan, 2022, 09.29 AM IST
India should overhaul tax system, lower I-T rate for individuals to 15-20%: PayMate CFOPayMate's CFO Ravi Vishvanathan further said dedicated corridors can be created for manufacture of specific products like shoes, sports equ...
14 Apr, 2020, 07.00 PM IST
Decoding the income tax changes in Budget 2020Employer’s contribution to provident fund, National Pension System and superannuation fund exceeding in aggregate 7.5 lakh per year to be t...
02 Feb, 2020, 01.26 PM IST
Startup fraternity lauds ESOP changes & investment clearance cell, some find it lacklusterAccording to Geetika Dayal, Executive Director, TIE Delhi-NCR, the startup community had been waiting with bated breath to receive some rel...
01 Feb, 2020, 05.26 PM IST
Union Budget 2020 defers tax payment on ESOPs for employees to 5 yearsIn addition to this, the Finance Minister has also proposed a 100% deduction of profits for three consecutive assessment years out of seven...
01 Feb, 2020, 02.21 PM IST
Direct tax proposals in Budget 2020: Key highlightsAround 70 exemptions removed under the new regime, says Nirmala Sitharaman.
01 Feb, 2020, 02.20 PM IST
Small startups with turnover up to Rs 25 cr to get promised tax holiday: CBDTThe turnover limit for small startups claiming deduction is to be determined by the provisions of Section 80-IAC of the I-T Act and not fro...
22 Aug, 2019, 08.20 PM IST
Great expectations from Budget 2019? Find out if they can be metExperts are expecting big tax cuts and other benefits from this year’s Budget. ET Wealth looks at the feasibility.
01 Feb, 2019, 09.01 AM IST
Tax ruling on Flipkart can hit other e-playersFlipkart is likely to appeal the ruling. But if it stands, the ruling has the potential to impact how other ventures who employ similar met...
23 Jan, 2018, 10.54 AM IST
Income Tax department asks Flipkart to reclassify discounts as capital expenditureIf the I-T dept has its way, cos like Flipkart & Amazon that incur substantial marketing costs could be deemed as being profitable and ther...
22 Jan, 2018, 09.23 AM IST
E-commerce companies face tax heat as I-T department says discounts should be treated as capital spendExperts say I-T dept’s stand could open a Pandora’s Box for several startups and ecommerce cos as it dictates how entrepreneurs must conduc...
02 Sep, 2017, 11.27 AM IST
Budget 2016: Five expectations of a common manHousing and taxation seem to be the biggest issues concerning the common man amongst others, so we list for you the 5 expectations that the...
17 Mar, 2016, 06.24 PM IST
Budget 2016: Tax exemption for startups more optical than practical, say expertsJaitley had then said that one criterion for startups to be eligible for such an exemption would be the “innovative nature of the businesse...
29 Feb, 2016, 02.04 PM IST