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TDS limit raised for seniors, rents and remittances

Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for Tax Deduction at Source (TDS) on interest income for senior citizens to Rs 1 lakh, and also increase the threshold to......

CBI gets moving on Bofors, seeks info from US investigator

The Central Bureau of Investigation has sent a judicial request to the United States seeking information from private investigator Michael Hershman, who had expressed willingness to share with......

Why India Needs Trump's Tariffs To Reform Again

India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now.A drastic reduction in tariff protection, other elements of sarkari......

Over 6,900 corruption cases probed by CBI pending

Over 6,900 corruption cases probed by the Central Bureau of Investigation were pending trials in different courts, 361 for more than 20 years, according to the latest annual report of the Central......

ED raids Mumbai businessman named in Panama Papers, seizes Rs 41 cr of real estate

The Enforcement Directorate on Monday seized three offices in a prime location in Mumbai, valued more than Rs 41 crore, as part of a foreign exchange violation probe against a businessman whose......

India rejects IMF view that US tariffs will stay indefinitely, hit growth

IMF’s Article 4 consultation report on India The Indian government has expressed its disagreement with the IMF staff’s ‘baseline’ assumption that the 50 per cent US tariffs on its goods......

Credit card spends overseas not to be included in LRS

The finance ministry on Friday amended the foreign exchange management rules to exclude international credit card spends from the purview of liberalised remittance scheme (LRS). Illustration:......

Outward remittances under RBI's LRS rise 50% to $9.1 billion in Q1

Outward remittances under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS) surged by 50.64 per cent to $9.1 billion in the April-June quarter (first quarter, or......

Indians remitted $6 bn in Q1FY23 under LRS scheme

Outward remittances under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS) made a strong comeback in the first quarter of FY23 as Indians increased spending on......

No Of Nil Tax Returns Nearly Doubles In 5 Years

ITRs with zero tax liability have increased to 55.7 million in FY25. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Nataliya......

Laxmi Ratan donates IPL commentary fees to fight COVID

IMAGE: Laxmi Ratan Shukla on a charity drive. Last year, Shukla donated rice and pulses to the groundsmen of the Maidan in Kolkata. Photograph: Laxmi Ratan Shukla/Twitter Former India and......

Lrs

News for Lrs

TDS limit raised for seniors, rents and remittances

CBI gets moving on Bofors, seeks info from US investigator

Why India Needs Trump's Tariffs To Reform Again

Over 6,900 corruption cases probed by CBI pending

ED raids Mumbai businessman named in Panama Papers, seizes Rs 41 cr of real estate

India rejects IMF view that US tariffs will stay indefinitely, hit growth

Credit card spends overseas not to be included in LRS

Outward remittances under RBI's LRS rise 50% to $9.1 billion in Q1

Indians remitted $6 bn in Q1FY23 under LRS scheme

No Of Nil Tax Returns Nearly Doubles In 5 Years

Laxmi Ratan donates IPL commentary fees to fight COVID

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