New portal to simplify, expedite loan for MSMEs: Minister
Speaking at a meeting with senior bank officials and industrialists here, Velumani said the portal would be helpful to banks and industrialists.
ICICI Lombard simplifies claim process for Amphan-hit customers
The non-life insurance company has received over 480 claims for damage to pro...
Why a simplified tax regime is the need of the hour
Tax rules must be clear-cut if the government wants to lower tax arrears.
With no tax, MNCs ramp up dividends
25 largest locally-listed MNCs paid nearly Rs 18,000 crore in dividends in FY19.
Simplifying reform process will help India become self sufficient: Anil Agarwal
‘We never dreamt that India will offer a package like this’
Tax optimiser: Finance professional Aikat can save tax by Rs 25,000 via NPS, perks
ET Wealth tells readers how they can optimise their tax by rejigging their income and investments.
Tax sop to be boon for SBI in Yes Bank rejig
SBI’s executive committee approved of this purchase in mid-March.
Pharma shines in advance tax pay
When it comes to advance tax payments, pharma has emerged as one of the outliers with the sector showing a higher payout this quarter, while real estate, infrastructure, steel and cement were among segments that crumbled under the weight of the coronavirus-induced lockdown.
Self assessment tax liability for FY19-20 over Rs 1 lakh? Pay by July 31 to avoid penal interest
According to a press release issued by the Central Board of Direct Taxes on June 24, 2020, no extension has been granted to individuals having self-assessment tax liability of over Rs 1 lakh for FY 2019-20. Further, delayed tax-payment would attract penal interest.
Donald Trump threatens to pull tax exemption for schools, colleges
In his push to get schools and colleges to reopen this fall, President Donald Trump is again taking aim at their finances, this time threatening their tax-exempt status.
Budget Wish List: Simplify tax laws, dispute resolution, say experts
There are a significant number of cases involving an amount of around 10 lakh crores, according to a report by the Standing Committee on Finance of Lok Sabha, which are stuck in direct tax litigation across different appellate forums and courts. It takes around 10 to 15 years to resolve tax disputes in India.
Budget 2020: Here is why Nirmala Sitharaman thought your personal tax need to be simplified
The government on Saturday introduced new tax slabs with reduced rates for an annual income of up to Rs 15 lakh for those foregoing exemptio...
Fresh tax concerns for many FPIs
Changes were made keeping in mind FPIs that have the option to avail of treaty benefits.
CBDT notifies amendment on tax exemption for Sovereign Wealth Funds for investment in infra
The Central Board of Direct Taxes notified the amendment, which was first announced in the Union Budget in February, and has widened the definition of infrastructure to include sub-sectors of transport, logistics, energy, water and sanitation, communication, social and commercial infrastructure.
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