Number of taxpayers up, but salaried still bear the brunt
NEW DELHI: At the last count, there were around 8.6 lakh doctors in the country, of which less than half paid income tax. Inthe case of...


Demonetisation Impact: Just 1.5 lakh tax returns vs 23.5 lakh notices sent
Twenty one months after the launch of Operation Clean Money (OCM) to find out how much of the demonetised currency that returned to the...


Mumbai: GST relief can make cruise ship tickets 50% cheaper
MUMBAI: The Indian National Cruise Lines Association (INCLA) wants the government to give tax waivers to halve the price of tickets for...


GST update: FinMin issues clarification on last day of availing Input Tax Credit; here’s what you mu
The Finance Ministry on Thursday clarified that the last date for availing Input Tax Credit (ITC) under the Goods and Services Tax for...


Companies rush to match input tax credit with vendor returns
NEW DELHI: Indian companies are scrambling to retain hundreds of crores of input tax credit for last financial year under the Goods and...


Customs duty raised on telecom equipment
NEW DELHI: India has raised basic customs duty on several telecom equipment and imposed duties on printed circuit boards used to make...


Bitcoin can be stolen: Huge! Check how much cryptocurrency has been lost to theft in 2018
Bitcoin’s popularity and the emergence of several other digital coins have drawn the attention of hackers into the cryptocurrency space...


Pay tax, get rewards from the government
NEW DELHI: A cup of tea with the state governor, priority check-in at the airport, passports on priority, dedicated toll lanes, airport...


Government extends deadline for filing ITR, audit report till October 31, 2018
NEW DELHI: The government on Monday once again extended the deadline to file Income Tax Return (ITR) and audit report for financial year...


Courts order jail time for directors for tax defaults, delay in TDS deposits
NEW DELHI: In recent cases of the law catching up with companies involved in tax defaults and delay in depositing the tax deducted at...

