Finance Act

Not every income tax department operation is a 'raid'. Here is what the I-T Act says about 'surveys' and 'searches'

Those with income from business or profession, who have availed deduction on cess/surcharge, must do so by March 31

Chartered accountants' group asks CBDT to do away with PAN requirement for filing form electronically

The section introduced in the Finance Act, 2022 to reduce evasion and widen the tax base has some conflicting provisions apart from other challenges

From July 1, TDS of 1 per cent will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year

Those with an annual turnover of up to Rs 5 crore can file quarterly returns, if they choose so

Vodafone Plc is required to give a declaration to the Income-Tax Department, withdrawing all legal proceedings against the government over the levy of retrospective taxes

Here's a selection of court hearings scheduled for Wednesday

Presumptive taxation provisions allow companies below a threshold to not keep detailed accounts of books.

The financial year 2021-22 has started well, except that the anxieties due to the spread of coronavirus in India and abroad have increased. Hopefully, they too shall pass

Experts say levy will cause compliance problems for taxpayers, having come so late. Companies will have to do a lot of adjustments in their own systems while trying to comply with this newly clarified

The Finance Act, 2015, had introduced Section 9A to encourage fund management activity from India and provide a safe harbour to onshore managements of offshore funds

The house passed the Bill, envisaging spending of Rs 110.4 trillion during the financial year 2020-21 after Speaker Om Birla applied 'guillotine' on demands of grants for various ministries.

Change in inflation target must be based on solid evidence

A recent Supreme Court ruling can lead to serious tribunal justice reform

From Supreme Court striking down amended Finance Act rules for tribunals to SpiceJet second quarter loss, Business Standard brings you the top business headlines for the day

Validity of Act as Money Bill referred to a larger Bench

The finance minister announced a slew of measures to boost the slowing Indian economy

The court had on September 4 refused to grant an interim stay on the Act