'A truly original Hindi writer whose writing no other author can match.'
Maheshwari, a three-time MLA from Rajsamand and also a former MP, was undergoing treatment at Medanta hospital for the past few days.
A deadly collision involving a gas tanker and multiple vehicles turned a stretch of the Jaipur-Ajmer highway here into an inferno on Friday morning, killing seven people, injuring more than 35 and engulfing over 30 vehicles in flames as thick black smoke filled the sky.
India will send 117 athletes to the Paris Olympics, starting July 26 in the French capital. This will be India's second-biggest contingent at an Olympic Games after 121 athletes went to Tokyo in 2021. A total of 47 female and 70 male athletes will be part of the Indian contingent at the Games.
India's first woman elephant mahout Parbati Baruah famous as Hasti Kanya, tribal environmentalist Chami Murmu, social worker Sangthankima who runs Mizoram's largest orphanage and plastic surgeon Prema Dhanraj who treats burn victims are among 34 "unsung heroes" awarded Padma Shri on Thursday.
'A large number of people from Sindh province will now opt to migrate to India as they would be granted citizenship through an easy process.'
Here's your complete guide to when India's athletes compete at the Paris Olympics, with dates, events, and timings in IST.
The party also decided to field Narpat Singh Rajvi from Chittorgarh after its earlier decision to deny the five-term MLA, who is the son-in-law of its stalwart leader Bhairon Singh Shekhawat, renomination from his Vidhyadhar Nagar seat. This triggered a backlash from a section of party workers.
Cess upto 2 per cent will be levied
The Committee will 'examine the assessment orders, appellate orders and scrutiny report for the appeal to the ITAT related to orders. . . and give its recommendations for different income groups, separately for corporate and non- corporate assesses", CBDT said.
Under the Vivad se Vishwas scheme, the MNCs will have to bring in disputed amount to India, else, the entire money will be considered as loan from subsidiaries on which interest will have to be paid.
To decide whether capital gains on surrender of call options are taxable
DDT is levied on dividends that a company pays its shareholders out of its profits. It is currently charged at the rate of 20.55 per cent, including a surcharge and education cess. Government may instead tax the shareholders receiving dividends, in a bid to help improve investor sentiment by addressing the multiplicity of taxes and bring down the effective tax rates for companies.
The govt could allow start-ups and e-commerce cos to appropriate initial brand building expenses over several years for accounting benefits
'Genuine' share transfer gets relief; CBDT lists three scenarios where tax would be levied
At present, the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, covers only resident Indians. The Finance Bill has expanded the definition of assessees to include NRIs.
This will bring down capital gains especially in case of property transactions.
The home ministry on Thursday announced the Padma awards which included five Padma Bhushan, 17 Padma Bhushan and 110 Padma Shri.
Non-compliance, underreporting or misreporting will attract a penalty of 50-200 per cent. The authorities may during assessment even tax assets that are 15-20 years old
A normal assessment notice is served under Section 148.
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The 'in substance' agreement with India under Foreign Account Tax Compliance Act was concluded on April 11, the US Treasury said.
The ministry said it was an anti-abuse provision amid growing instances of NRIs shifting their stay in low or no-tax jurisdiction to avoid tax payment in India.
Breather for FIIs: MAT assessments, fresh notices put on hold.
In simple terms, it refers to a deduction allowed in income tax, irrespective of expenses incurred or investment made by assessees.
The report, floated recently, comes a few days after the government cancelled the registration of Bengaluru-based NGO Infosys Foundation for alleged violation of norms in receiving foreign grants.
After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax
The department gets data of high-value transactions under the Annual Information Return.
Fresh PoEM guidelines will affect pharma, energy, automobiles, manufacturing and software companies.
The scheme offers waiver of interest, penalty, and prosecution for settling tax disputes.
You can electronically verify returns and regularise these by August 31.
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
The move followed after certain startups complained about facing harassment and the taxman breathing down their neck on the angel tax issue.
Revenue foregone on account of corporation tax exemptions is estimated to grow by 16 per cent in 2018-19 (FY19) versus 8.7 per cent in the previous year and 12 per cent in 2016-17, show the Budget documents.
The US has been widely criticised for using pressure tactics to secure information from other countries, without reciprocity.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health insurance related queries.
The CBDT asks ministry of corporate affairs not to oppose its application to restore the companies struck off by the Registrar of Companies, as it would prevent the board from launching tax recovery proceedings against them.
The tax computation compares the original cost, along with the stock value on January 31, and grants benefit of the higher of the two.
Amendments will be tabled in Parliament for approval by Monday or Tuesday.
CBDT circular issued last month had raised multiple taxation concerns.
You need not worry even if there is a mismatch between your income and deduction in Form 16/16A and Form 26AS, says Ashley Coutinho
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