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This is meant to reduce litigation, but will not provide additional refund. (Representational image: PTI)

I-T returns can be updated in two years to correct any errors

This will avoid the lengthy process of litigation if the department finds that some income has been missed out by the...

2 Feb 2022 2:06 AM IST

The 30 per cent tax with 1 per cent TDS will be a deterrent to several investors who are jumping into the crypto bandwagon. AFP

Cryptos to stay with 30 pc tax; digital rupee next fiscal

The gift of virtual digital assets will be taxed in the hands of the recipient

2 Feb 2022 2:03 AM IST

ICC vice president and Nafa Capital Advisors Pvt. Ltd MD Ameya Prabhu

Budget will fast track economic recovery: ICC

The Indian Chamber of Commerce (ICC) has appreciated the growth oriented policy direction of the Union Budget

1 Feb 2022 4:47 PM IST

People ride a local train wearing masks as a precaution against the coronavirus on the day of tabling of the Union Budget at the Parliament, in Mumbai, Tuesday. (Photo: PTI)

Budget is betrayal of salaried, middle classes, nothing for farmers...

Surjewala also asked how the government was imposing tax on profit from crypto currencies when it is not clear if it is...

1 Feb 2022 2:58 PM IST

New Eastern Army Commander Lt Gen RP Kalita inspects a Guard of Honour at Fort William. (DC)

Lt Gen Kalita takes over as Eastern Army Commander

Lt Gen Kalita assumed office after paying homage to the martyrs at Vijay Smarak followed by a guard of honour

1 Feb 2022 1:49 PM IST

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2022-23 in the Lok Sabha, at Parliament, in New Delhi. (Photo: PTI)

Budget 2022: Highest GST collections, no tax reforms for salaried...

The finance minister began the presentation by expressing empathy to those who died due to COVID-19

1 Feb 2022 1:46 PM IST

A bystander watches the stock prices displayed on a digital screen at the facade of the Bombay Stock Exchange (BSE) building, in Mumbai. (PTI Photo)

Sensex surges 850 points ahead of Union Budget 2022-23

The benchmark Sensex surged 1.47 per cent or 850.71 points to 58,864.88 points, against its previous day's close at...

1 Feb 2022 11:16 AM IST

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2022-23 in the Lok Sabha, at Parliament, in New Delhi, Tuesday, Feb. 1, 2022. (SANSAD TV/PTI Photo)

Union Budget 2022 highlights: No Income Tax change, digital rupee, 5G,...

Budget seeks to lay the foundation and give a blueprint of the economy over Amrit Kal of next 25 years

1 Feb 2022 10:14 AM IST

A health worker checks nasal swab samples at a COVID-19 testing center in Hyderabad. (Photo: AP)

India reports over 1.67 lakh fresh Covid cases, 1,192 fatalities

The active cases decreased by 88,209 to reach 17,43,059

1 Feb 2022 9:43 AM IST

Prime Minister Narendra Modi speaks during his Jan Chaupal, a virtual rally, with the people of UP. (PTI)

PM Modi hits out at SP, warns against 'politics of revenge'

In the BJP's poll plank, 2013 Muzaffarnagar riots is one of the main issues, which had created a major divide between...

1 Feb 2022 9:18 AM IST

The Centres move drew the ire of many including the ruling Left party and the Opposition Congress (Wikipedia)

Centre bans MediaOne news channel, Kerala HC stays implementation of...

Centre cites security reasons but doesn't give details, says editor

1 Feb 2022 7:45 AM IST

Mamata Banerjee addresses a press conference at Nabanna, in Howrah. (PTI Photo)

Didi blocks Governor after Twitter 'abuse'

Mamata branded Mr Dhankhar as a 'super watchman' of the state of affairs in the state

1 Feb 2022 7:35 AM IST