Budget 2019: Cut in corporate tax, higher income tax threshold, PHD Chamber asks
New Delhi: PHD Chamber Wednesday pitched for cutting corporate tax to 25 per cent, and raising income tax exemption limit for individuals...


From April 1, new H-1B visa rules will favour those with higher education.
As part of its effort to give greater chance to foreign workers who have received higher education from the US, the Trump administration...


GSTN develops system to fetch e-way bill data into monthly sales returns to curb evasion
Now, businesses supplying goods worth more than Rs 50,000 will have option to include details of e-way bills generated while filing the...


Consensus builds up for ₹40 lakh sales threshold for GST registration in all states.
NEW DELHI: All states, barring hill states, are moving towards a uniform sales threshold of ₹40 lakh for businesses to register for goods...


Affordable housing is shaking the profit metrics of real estate companies.
According to global property consultant Knight Frank, 60% of the new launches in 2018 were within the ₹50 lakh bracket. A study of 25...


Modi’s direct tax overhaul at work: Relief for taxpayer, small businesses on cards as election looms
While street tries to guess if Finance Minister Arun Jaitley has enough room to announce a big income tax relief in the upcoming Budget...


GST trouble: January collections may be the lowest this fiscal
The goods and services tax (GST) collected in January (for December) is seen to be the lowest in the current fiscal. While the average...


Tax department sets 21-day deadline for non-filers
NEW DELHI: The income tax department has identified several potential non-filers, who have carried out high value transactions in...


Companies face action over TDS non-payment
NEW DELHI: The government has cracked the whip on several large companies, which had either failed to deposit with the income tax (I-T)...


GST net: Spotting tax evasion easier under new regime
As a multi-stage levy, the goods and services tax (GST) was supposed to make evasion difficult, but the figures for the first nine months...

