The government has notified a fresh set of rules to facilitate settlement of the retrospective tax dispute with British telecom giant Vodafone Plc. The Central Board of Direct Taxes on October 13 noti...

The Central Board of Direct Taxes (CBDT) has extended the safe harbour rules to assessment year 2021-22 but the rates will be kept unchanged. Safe harbour relates to circumstances where the tax autho...

Days before the deadline ends for Air India's financial bids, the government on Friday clarified that the past losses of such PSUs can be carried forward to be set off against future profits. Tax...

The government on Thursday extended the deadline for filing income tax returns by individuals till December 31 amid the coronavirus pandemic and technical glitches in the IT portal. Earlier, the dead...

The government on Thursday extended the deadline till December 31 for filing of income tax returns by individuals for the financial year 2021, amid the coronavirus pandemic and technical glitches in t...

The finance ministry has notified rules for calculation of taxable interest on employee contributions to provident fund of over Rs 2.5 lakh per annum. In her Budget for 2021-22, Sitharaman had capped...

The National Company Law Tribunal (NCLT) has ordered a freeze on the assets of the Dhoot family — owners of the Videocon group — on a petition filed by the ministry of corporate affairs. ...

The government on Sunday extended by a month the deadline to make payments under direct tax dispute resolution scheme Vivad Se Vishwas till September 30. In a statement, the finance ministry said, &l...

The income tax department on Sunday extended the deadline for various compliances, including filing of statement for equalisation levy and remittances. The deadline for filing the Equalisation Levy st...

The draft rules for the Taxation Laws (Amendment) Act, 2021, which would end the retrospective tax disputes with Cairn Energy and Vodafone Plc, commits to refund the principal sum within a 30-day time...