Income Tax Act
Business  /  Published 05.05.19

Wealth and wisdom

There are countless ways to claim income tax deductions. One may not always be familiar with all the sections of the Income Tax Act of 1961. However, a quick web search or skimming through the Act wou...
By Adhil Shetty in

Business  /  Published 12.01.20

Rush hour

Does it feel like the clock is ticking on your investments for the year? With less than three months to go, it’s time to finalise your tax-saving investments for the year and optimise your deduction...
By Adhil Shetty in

Business  /  Published 17.03.19

Make tax saving a habit

It’s a common phrase to hear that we are creatures of habit and this is true if you analyse your life — you wake up, brush your teeth, catch a cup of coffee, get ready to work and life goes on. Ha...
By Avinash Agarwal in

Business  /  Published 09.05.20

Breather for charitable institutions

The Central Board of Direct Taxes (CBDT) has deferred the new procedure for registration of charitable trusts, funds and institutions that was announced in the Union budget.Through the Finance Act 202...
By A Staff Reporter in Calcutta

Business  /  Published 23.07.19

Smoke over tax on withdrawals

Finance minister Nirmala Sitharaman on Tuesday said the 2 per cent TDS paid on cash withdrawals above Rs 1 crore in a year from multiple accounts at banks would be adjusted against the total tax dues ...
By Our Special Correspondent in New Delhi

Business  /  Published 11.02.20

IDBI spared NPA blushes

IDBI Bank saw its net loss widening to Rs 5,763.04 crore for the quarter ended December 31, 2019, from Rs 4,185.48 crore because of a higher tax outgo. However, the lender reported better asset qualit...
By Our Special Correspondent in Mumbai

Business  /  Published 02.02.20

Fillip for homes

Public expectation towards Union Budget 2020-21 has been extraordinary, especially at a time the Indian economy is performing below its true potential. This is reflected in the fiscal deficit target p...
By Renu Sud Karnad in

Business  /  Published 02.02.20

Small traders in audit fix

Traders plan to approach the finance ministry over relaxing the unrealistic conditions placed in the Union budget to get the benefit of a higher turnover threshold for audit.At present, under section ...
By Pinak Ghosh in Calcutta

Business  /  Published 10.03.19

Looking to save tax in a hurry?

It’s almost the end of the financial year. Therefore, it’s also time to finish buying your tax-saving investments in order to secure your deductions under various sections of the Income Tax Act. T...
By Adhil Shetty in

North East  /  Published 23.01.20

Glare on trade body officials

Some members of the Eastern Assam Chamber of Commerce and Industry have submitted a memorandum to Dibrugarh deputy commissioner Pallav Gopal Jha seeking action against alleged unlawful and illegal act...
By Avik Chakraborty in Dibrugarh


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