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I appeal to all doctors to resume work as thousands of people are awaiting medical treatment, Mamata said. (Photo: File)India
Mamata attacks BJP over I-T notice to Durga Puja Committees Forum

'I condemn this attitude of bringing the puja committee under Income Tax,' Mamata said.

22 July 2019 4:21 PM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)Business
Finance Minister seeks to allay fears on surcharge on super rich

RBI has opened an indirect liquidity window to aid banks to give funds to the sector, which is facing a severe liquidity...

19 July 2019 1:27 PM IST

Income taxBusiness
'No export incentives in Budget may be part of govt's plan to phase...

(The government) has not provided specific proposals to boost exports, said PwC's Sandeep Ladda.

15 July 2019 6:11 PM IST

Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)Business
FPIs can opt for corporate route to avail lower tax surcharge: CBDT...

FPIs get covered by higher tax rate as they have been investing as a non-corporate entity such as trust or association...

10 July 2019 6:10 PM IST

Chief Economic Adviser K V Subramanian. (Photo: Twitter)Business
Govt to take into account risks associated with sovereign bonds: CEA

There is a need to manage the risks associated with overseas sovereign borrowings, said CEA K V Subramanian.

9 July 2019 7:45 PM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.Business
India likely to raise funds from interest-soft overseas markets

Until now, all the government debt has been rupee funded with interest rates of 6-6.25 per cent.

9 July 2019 3:31 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.Business
5 key changes in annual income tax assessment in Budget 2019

Additional income tax deduction of Rs 1.5 lakh on home loans for houses under Rs 45 lakh announced in Budget 2019.

8 July 2019 8:32 PM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.Business
Govt to soon issue clarification on applicability of surcharge on FPIs

Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs...

8 July 2019 3:50 PM IST

The government has proposed to halve the income tax to 5 per cent for those earning between Rs 2,50,000 and Rs 5,00,000 per annum, in a relief to the middle class.Business
Highest personal I-T rate in India still lower than in China, US,...

Following increase in surcharge, effective income tax rate for individuals with income of Rs 2-5 crore will go up to 39...

7 July 2019 4:00 PM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.Business
Budget 2019: What's in store for a taxpayer?

Additional income tax deduction of Rs 1.5 lakh rupees on the interest paid on loans taken to purchase e-vehicles.

6 July 2019 7:04 AM IST

If you are under the age of 60, heres a check list to help you plan your money decisions to create wealth, insure adequately, and save tax in 2018-19.Business
Budget 2019: High-end income group people need to pay 3 pc to 7 pc...

Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current...

5 July 2019 2:57 PM IST

The government may shortly include Aadhaar card as a valid document for filing income tax returns. (Photo: PTI/File)Business
Budget 2019-20: Those without PAN can now file returns using Aadhaar

On Thursday, the Lok Sabha passed by voice vote the Aadhaar and Other Laws (Amendment) Bill, 2019.

5 July 2019 2:02 PM IST

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