Direct Tax
Business  /  Published 07.12.20

Tax amnesty leeway

Entities filing declaration under the direct tax dispute resolution scheme “Vivad Se Vishwas” can revise them till the time tax authorities issue certificate mentioning details of tax arre...
By PTI in New Delhi

Business  /  Published 28.10.20

Direct tax amnesty extended till March

The government on Tuesday extended for the third time the deadline for making payments under the direct tax dispute settlement scheme ‘Vivad Se Vishwas’ by three months to March 31, 2021. ...
By PTI in New Delhi

Business  /  Published 31.07.19

Fiscal deficit worry

The government’s fiscal deficit has touched Rs 4.32 lakh crore on June 30, which is 61.4 per cent of the budget estimate of Rs 7.03 lakh crore for the 2019-20 fiscal, according to data released by ...
By Our Special Correspondent in New Delhi

Business  /  Published 05.07.19

Cheer for firms, tears for the rich: Union Budget

Tax impact- directIncome taxProposal: Reduced income tax rate of 25 per cent (for 2019-20) now applicable to companies having annual turnover or gross receipts up to Rs 400 crore in financial year 201...
By The Telegraph in

India  /  Published 28.03.19

Direct tax collection falls short

The Central Board of Direct Taxes has rung alarm bells and has asked the Income Tax Department to go for a major assault as the direct tax collection target remains short of about 15 per cent, with th...
By PTI in New Delhi


Business  /  Published 24.03.20

Coronavirus crisis: Stimulus steps fail to lift mood

The Modi government on Tuesday relaxed regulatory and tax compliance deadlines for companies and small businesses but the slew of measures announced by finance minister Nirmala Sitharaman fell way sh...
By Our Special Correspondent in New Delhi

Business  /  Published 19.08.19

Report on direct tax reform ready

The task force constituted by the government to draft a new direct tax code submitted its report to finance minister Nirmala Sitharaman on Monday.The code is expected to provide some relief to individ...
By Our Special Correspondent in New Delhi

Business  /  Published 07.07.19

Direct tax to cover for GST slack

The Modi government has acknowledged that it won’t be able to sort out the glitches and gremlins in the goods and service tax system this year — a major reason why it budgeted for a lowball increa...
By Our Special Correspondent in New Delhi

Business  /  Published 20.10.19

Slump sends tax cut signal

The Narendra Modi-government is expected to come out with another round of measures to boost demand in the economy, including increased public spending and putting more money in the hands of consumers...
By R. Suryamurthy in New Delhi

Business  /  Published 22.06.19

Simple tax laws on wish list

Income tax lawyers want the Narendra Modi-government to make laws simple and lucid to improve compliance and save on the cost of litigation. The tax practitioners feel the complicated language of the ...
By A Staff Reporter in Calcutta


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