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Archived News in Direct Tax
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December , 2017
1. Income Tax Slab for AY 2017-18: Know your tax category Open this result in new window. Dec, 28th 2017
A recent data by Income Tax department showed that out of a population of 132.4 ...
2. Direct Tax Collections for F.Y. 2017-2018 show Growth of 14.4% up to November, 2017 Open this result in new window. Dec, 28th 2017
Government of India ...
3. LTCG tax on equity may return to haunt D-Street Open this result in new window. Dec, 27th 2017
Tax on long-term capital gains (LTCG), the impost that is the most fiercely oppo...
4. Karnataka third highest direct tax contributor Open this result in new window. Dec, 26th 2017
Karnataka, which accounts for 10.11% of the total direct tax collections, has em...
5. Towards a robust new direct tax law Open this result in new window. Dec, 25th 2017
Globally, tax laws have been evolving over time to keep pace with changes in the...
6. The Payment Of Gratuity (Amendment) Bill, 2017 Open this result in new window. Dec, 22nd 2017
The Payment of Gratuity Act, 1972 was enacted with the objective to provide for ...
7. On tax assessment procedure, CBDT to roll out jurisdiction-free system Open this result in new window. Dec, 22nd 2017
CBDT has kick-started consultations with its field officials on the rollout of j...
8. Taxation of foreign income in India Open this result in new window. Dec, 22nd 2017
India follows residence-based tax system under which a resident is taxed on his ...
9. Full I-T e-assessment From Next Year; CBDT Forms Committee Open this result in new window. Dec, 20th 2017
The Central Board of Direct Taxes (CBDT), the policy- making body for the Income...
10. How to pay tax on bitcoins profit? Open this result in new window. Dec, 18th 2017
Dhiraj recently sold a Bitcoin worth Rs 2,75,000/- after the money what he inves...
11. Tax liability on taxable income: Clarification from CBDT is a must Open this result in new window. Dec, 15th 2017
Indian companies need to pay minimum alternate tax (MAT) on book profits in case...
12. Income Tax Returns (ITR) filing for salaried staff, others: Advance tax payment deadline nearing, pay or face penalty Open this result in new window. Dec, 14th 2017
The Income Tax Department, as required by the law, is asking all the eligible ta...
13. To avoid extra TDS, give tax-saving proofs Open this result in new window. Dec, 14th 2017
If you don’t submit proof of tax-saving investments and expenses, your emp...
14. TDS on Rent under section 194I of Income Tax Act Open this result in new window. Dec, 12th 2017
Section 194I of Income Tax Act applicable for those who are having rental income...
15. New direct taxes code aims for lower rates, wider base Open this result in new window. Dec, 04th 2017
Lower income tax rates, and more taxpayers—that’s the overall aim of...
16. Towards a new direct tax system Open this result in new window. Dec, 02nd 2017
Higher direct tax collections could lower the tax burden on the poor by creating...
17. Central Board of Direct Taxes (CBDT) signs two Indian Advance Pricing Agreements (APAs) in November, 2017 Open this result in new window. Dec, 02nd 2017
The Central Board of Direct Taxes (CBDT) has entered into 2 Bilateral Advance Pr...
 
 
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