Oct 17, 2021 11:56 AM IST
While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM Secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline that is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS.
- Oct 13, 2021 01:34 PM IST
The amount realisable from Air India’s residual assets following the handover of the airline to the Tatas is unlikely to be higher than their book value, according to experts
- Aug 25, 2021 04:00 PM IST
What are the glitches tax-payers need to aware of? Preeti Khurana, Chief Editor, Clear.in, a tax consultancy portal weighs in on the issue in this episode of Simply Save. Tune in for details
- Jul 31, 2021 11:03 PM IST
Sources said so far 89 hours have been wasted in the ongoing session which started on July 19 and is scheduled to conclude on August 13.
- Jul 24, 2021 05:28 PM IST
In her message to the I-T Department on the 161st anniversary of Income Tax Day, she complimented the department for continuing to work towards simplifying its procedures and processes, and making its functioning hassle-free, fair and transparent.
- Feb 01, 2021 06:28 PM IST
The salaried middle-class taxpayers, who had pinned their hopes on revised tax slabs expecting some relief especially after COVID-19 distress, was left disappointed as FM Sitharaman made no change to the personal income tax slabs.
- Feb 01, 2021 04:47 PM IST
Social media users flooded Twitter with Budget 2021 memes after finance minister Nirmala Sitharaman tabled the Union Budget 2021-22 on February 1.
- Nov 09, 2016 05:26 PM IST
Senior BJP leader Murli Manohar Joshi today congratulated Prime Minister Narendra Modi on his "blitzkrieg on unaccounted money", calling his measures against black money bold and timely and asserting that it should be supported in full despite short-term inconveniences.
- Oct 24, 2016 02:01 PM IST
The GST Council meet which happened last week was inconclusive on the rate structure, though issues over cess were thrashed out. Now, CNBC-TV18 learns from sources that there are two proposals that are on the anvil.
- Jun 27, 2016 07:54 PM IST
The benami amendment bill will be introduced in the monsoon session and warned that there will be more stringent measures to control the menace of tax evasion, says Rani Nair, member of the central board of direct taxes, in an interview to CNBC-TV18.
- May 24, 2016 05:23 PM IST
The tax payer has to provide the cost of these assets in case the same are not reflected in the balance sheet of the partnership firm in case of a partner and in the balance sheet of the proprietor business or profession.
- Mar 07, 2016 12:34 PM IST
To reduce grievances of tax payers, the revenue department has set up a dedicated structure for delivery and monitoring of taxpayer services.
- Mar 01, 2016 02:23 PM IST
Budget proposals about EPF taxation have either been drafted in a hurry or have deliberately been made to be unjust to salaried people.
- Feb 29, 2016 07:16 PM IST
Here are five provisions from Union Budget 2016 that you cannot forget.
- Dec 30, 2015 06:39 PM IST
By: Ameet Patel, CA
- Jul 11, 2015 02:12 PM IST
Therefore, the scheme is modified to give them relief to pay the tax either of the systems i.e. Unit Area Method or Rateable Value Method. The cases would be decided on merit.
- Jun 30, 2015 10:30 AM IST
CBDT recently prescribed to allow income tax assesses to file their tax returns for six years, provided they follow prescribed procedure
- Apr 21, 2015 02:28 PM IST
In an indirect way, Jaitley has also broken his promise that nothing will be retrospective in nature. The new returns will seek information pertaining to last year, since it is that return we have to file by July.
- Jun 27, 2013 03:32 PM IST
Finance Ministers from European Union have reached a deal in the early hours of Thursday to set up new rules which would share the burden of saving a bank.
- May 21, 2013 07:29 PM IST
The income tax dept has set up a compliance management cell to ensure follow-up action, and track returns filed and tax payment of the target segment.
- May 21, 2013 06:56 PM IST
There are several details related to the entire TDS process that has to be seen carefully and hence here is a look at several terms as well as conditions related to this mode.
- Feb 28, 2013 01:38 PM IST
Walking the tight rope ahead of next year's elections, finance minister P Chidambaram today offered minor sops to income tax payers but slapped a 10 per cent surcharge on 'super-rich' individuals and corporates, levied an inheritance tax and raised duties on mobile phones, cigarettes and luxury vehicles.
- Dec 31, 2012 12:24 PM IST
For all those tax payers who have never had any exposure in the stock market let the year 2013 be their first year for investing in the stock market.
- Oct 21, 2012 04:18 PM IST
Income-tax (I-T) refunds during the first half of current financial year have come down to Rs 46,000 crore from Rs 60,000 crore in the same period last year.
- Sep 28, 2012 11:52 AM IST
There have been a lot of instances where individual tax payers have been given wrong demand notices for taxes that is outstanding even though in reality there might not be any such figure present.