Revised I-T Rules Offer Tax Relief To Employees With Rent-Free Accommodation
New Delhi- Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a...
Centre Releases ₹ 1.40 Lakh Crore Tax Devolution Sum To States
New Delhi- The government has released the 14th instalment of tax devolution of more than ₹ 1.40 lakh crore to states."The Union Government has released 14th instalment...
Bajaj Allianz General Insurance Launches New Motor Insurance Offering ‘V-Pay’
Pune- Bajaj Allianz General Insurance, one of the leading private general insurers of India, Tuesday announced the launch of their new motor insurance offering called...
About 6 Cr ITRs Filed For FY24; 70% Under New Tax Regime
New Delhi- About 6 crore income tax returns have been filed for income earned in 2023-24, of which 70 per cent were filed under...
Dubai World Trade Centre To Become A Crypto Zone
Dubai- The Dubai World Trade Centre (DWTC) will become a crypto zone and regulator for cryptocurrencies and other virtual assets, the Dubai Media Office...
I-T Deptt To Come Out With Modified Valuation Norms For ‘Taxing’ Foreign Investments In...
New Delhi- The Income Tax Department is likely to come out with modified valuation rules under the I-T Act for ascertaining the fair market...
Trade Unions Demand Restoration Of Old Pension Scheme, Credible Social Security For Unorganised Workers
New Delhi- Trade unions on Monday pressed for restoration of the old pension scheme (OPS) and a credible social security net for unorganised workers...
Govt Ratifies 8.15% Interest Rate On Employees Provident Fund For 2022-23
New Delhi- The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for...
Taxmen Can Launch Prosecution In Cases Of Over Rs 5 Crore GST Evasion
NEW DELHI- GST officers can now launch prosecution against offenders in cases where the amount of evasion or misuse of input tax credit is...
More Than 5 Cr Income Tax Returns Filed For 2022-23 Fiscal So Far
New Delhi- Over 5 crore tax returns have been filed for income earned in the 2022-23 fiscal, which ended March 31.Out of the 5.03...