Tax Demand Case: Flipkart Gets Relief Till Feb 24

Bengaluru- The Income Tax department has assured the High Court of Karnataka that no coercive action will be taken against Flipkart India Private Limited...

Govt Asks IRDA & Insurance Cos To Address Six Major Concerns To Reduce Pendency...

New Delhi- The government on Wednesday flagged six major issues, including ambiguity in insurance contracts and inflexible policy terms, before regulator IRDAI and other...

I-T Dept Spends 57 Paise For Every Rs 100 Of Tax Collection: Official

Hyderabad- Income-tax collection cost that the I-T Department incurs in the country is one of the lowest in the world at Rs 0.57 for...

GST Collection At Rs 1.55 Lakh Cr In Jan, Second Highest-Ever

New Delhi- The GST collection in January surged to over Rs 1.55 lakh crore, the second highest-ever mop-up, the finance ministry said on Tuesday. "The...

LIC Says It Has Exposure Of Rs 36,474.78 Crore To Adani Group

Mumbai- Life Insurance Corporation (LIC) on Monday said it has an exposure of Rs 36,474.78 crore to Adani group's debt and equity, and the...

More Than 5 Crore Citizens Subscribe To Atal Pension Yojana: PFRDA

New Delhi- Pension Fund Regulatory & Development Authority (PFRDA) on Monday said more than 5 crore people have enrolled under Atal Pension Yojana (APY),...

Capital Gains Tax Should Be Rationalised; Need Simpler ITR Form For Disclosing Such Income:...

New Delhi- The Budget should bring in a simpler income tax return form for assessees having only capital gains or dividend or interest income,...

EPFO Adds 16.26 Lakh Net Subscribers In Nov, 2022

New Delhi- Retirement fund body EPFO added 16.26 lakh subscribers on a net basis in November 2022, which is 16.5 per cent higher compared to...

Increase Tax Rebate Benefits For Consumption Expenditure In Budget: PHDCCI

New Delhi- Industry body PHDCCI on Tuesday sought increase in the tax rebate benefits for consumption expenditure, reduction in the cost of doing business...

RBI Cautions States Against Reverting To Old Pension Scheme

Mumbai- The Reserve Bank has sounded a note of caution on reversion to the old pension scheme by some states, saying it poses a major...