The time taken by the income-tax department to process refunds has dropped sharply from 93 days in 2013.
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh per annum while presenting the Union Budget 2025-26. Presenting the budget in Lok Sabha, the Finance Minister said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh.
Eighteen more people lost their lives after allegedly consuming illicit liquor in dry Bihar's Siwan and Saran districts, taking the toll in the tragedy to 24, officials said on Thursday.
Postings to places at an altitude above 1,000 metres but less than 1,500 metres, between 1,500 and 3,000 metres, and above 3,000 metres entail different rates of allowances -- the higher the location, the bigger the allowance, reveals Tamal Bandyopadhyay.
Compulsory retirement is part of a half-yearly exercise now for cases where government wants to weed out officers, but without taking the disciplinary proceedings route.
James was suspended on July 28 after the ministry launched a probe into the alleged irregularities in appointments and recruitment of faculty and compliance to reservation rosters during his tenure.
Ram Varadarajan and California Cricket Academy have filed a lawsuit against United States of America Cricket Association,Inc(USACA) alleging history of electoral delays and manipulation at the USACA present board members.
The income tax department on Tuesday said its new utility developed to help TDS deductors and TCS collectors identify non-filers or "specified persons" on whom higher rate of taxes will be levied will help ease compliance burden. From July 1, non-filers of income tax returns for the past two fiscal years would be subjected to higher tax deducted at source (TDS) and tax collected at source (TCS) rate if such tax deduction was Rs 50,000 or more in each of those two years. The provision was introduced in the 2021 Budget. The TDS deductors and TCS collectors would be required to check on the functionality of the PAN of the vendor from whom TDS is to be deducted or TCS to be collected, only at the beginning of the financial year.
A three-member team each from the Central Drugs Standard Control Organisation (CDSCO) and the State Drug Controller visited the plant in Tamil Nadu's Kancheepuram, 40 km from Chennai, on Friday after the company recalled the eye drop.
The high court held it is not for the court to direct the governor or chief minister for the removal of a person who has committed a breach of oath.
The move is likely to impact Jet's operations out of Belgium and India.
Congress general secretary Priyanka Gandhi Vadra on Wednesday sought answers from Narendra Modi on CNT/SPT Acts, starvation deaths and 'divisiveness',a day after the prime minister threw challenges to Congress on citizenship, Article 370 and triple talaq. She also attacked the prime minister on economic slowdown, Citizenship Act, National Register of Citizenship and alleged assaults on women in different parts of the country.
To get BCCI affiliation, Chandigarh Cricket Association-Punjab had recently decided to merge with UTCA, thus paving way for the Union Territory to be recognised as a separate entity.
Concerns over effective control not addressed in the second revised shareholders' agreement, says DIPP; Sebi opposes commercial cooperation pact
Priyanka has been told that if she stays beyond August 1, she will have to pay penalty.
Etihad's acquisition of 24 per cent stake in Jet Airways was the first FDI in an Indian carrier by a foreign airline.
Cricket, once the national game of Canada, is set to make an overdue comeback.
Naresh Goyal-led Jet has also changed the shareholders agreement and amended the investment agreement and the articles of association, as suggested by the Foreign Investment Promotion Board, headed by DEA Secretary Arvind Mayaram, official sources said.
Government on Thursday approved the Taxation Laws (Amendment) Bill to protect the interest of donors.
The veteran IM won the National women's 'B' chess title on better progressive scores.
DoT still working on final AGR dues due to varying accounting practices. Telecom operators have been submitting two separate audited details of deduction towards interconnection usage charges and roaming fee to the DoT.
After a successful but controversial career, off-spinner Ajmal finished with 178 wickets in 35 Tests, the last of which was at Galle in Sri Lanka in 2014, where his bowling action was reported for a second time.
Government offices located in New Delhi's central area, including North Block and South Block, will be closed from 2 pm on Thursday till 9:30 am on Friday in connection with the 'Run for Unity' to be flagged off by Prime Minster Narendra Modi.
The Competition Commission on Thursday imposed Rs 1 crore fine on Abu Dhabi-based Etihad for non-disclosure of full information in the course of seeking approval for its purchase of 24 per cent stake in Jet Airways.
Case in the US relates to an Airbus Corporate Jet
The proposal will now be considered by the Cabinet Committee on Economic Affairs.
Etihad has purchased 24 per cent stake in Jet Airways in a deal worth about Rs 2,060 crore deal which was announced in April 2013.
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Etihad to have 2 directors even if it dilutes stake to 15%
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