Union Finance Minister Nirmala Sitharaman on Tuesday announced that income from digital asset transfers will be taxed at a rate of 30 per cent. This move is seen as 'crypto tax'.
In an act of gamesmanship, pacers, right-arm quick Harshit Rana (1/27 in 3 overs) and left-arm seamer Kuldip Yadav (2/27 in 3 overs) also wasted time, either faking cramps or tying shoelaces or not delivering the ball even after completing the action.
Andre Russell's all-round brilliance kept Kolkata Knight Riders in contention for a play-off berth as they recorded a comprehensive 54- run victory over Sunrisers Hyderabad in a must-win IPL game.
Images from the IPL 2022 game between Chennai Super Kings and Mumbai Indians at the Wankhede Stadium in Mumbai
Dear readers, we had asked you to send in your personal finance queries to be answered by Basis founder and CEO Hena Mehta. Here's the first batch of responses.
West Indies fast bowling legend Michael Holding believes legalising ball tampering in the post coronavirus world is a bit "self contradictory", while South African great Allan Donald is completely on the opposite end of the spectrum on a subject that has divided opinions. The International Cricket Council (ICC), during its recent CEC meeting, considered the use of artificial substances on the ball instead of saliva.
If you have a health insurance policy, you can earn benefits on premiums paid on health check-ups, says Sajja Praveen Chowdary, head-Term Life Insurance, Policybazaar.com.
If you're a salaried person there are many ways to save taxes
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answer your questions on NRI investment.
An interview with HUL's managing director and CEO Sanjiv Mehta.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
It also said that over 1.38 crore entities have already filed their income-tax returns till now.
In December 2017, Diego Maradona turned up in shorts, enjoyed every bit of the maddening attention even though the gruelling session in Kolkata literally drained him as he was seen drenched in sweat, pouring water on his head.
In this Budget, too, there were a number of measures aimed at plugging tax leakages and ensuring greater compliance, says Sanjay Kumar Singh.
Last year, the e-filing commenced on July 1 as there was delay in finalisation of the ITR forms
With a month to go before the World Cup starts, Brazil is in the home straight of the countdown and huffing and puffing to complete stadiums, airports, IT networks and public transportation systems.
The Budget announcement of taxing 'virtual digital assets' or crypto currencies will help the income-tax department measure the "depth" of this trade in the country, know the investors and the nature of their investments and it does not "attach any legality" to these transactions, Central Board of Direct Taxes chairman J B Mohapatra said.
The tax department has released the software for preparing the Income Tax Return forms -- ITR 1-Sahaj, ITR 2, 2A and 4S-Sugam
Footfairy is a must watch for anyone who enjoys a psychological crime thriller, feels Moumita Bhattacharjee.
The bonds were available for seven years. Since these were not traded in the secondary market, redemption took place at maturity.
The Income Tax Return Form-1 (Sahaj) will replace the 7-page form, removing a plethora of columns on deductions from income claimed.
With 100 days to go before the World Cup starts, Brazil is in the home straight of the countdown and huffing and puffing to complete stadiums, airports, IT networks and public transportation systems.
Those spending over Rs 2 lakh on foreign travel, incurring more than Rs 1 lakh electricity bills, or depositing over Rs 1 crore in current account will have to mandatorily file ITR even if their total income is below the taxable limit. The last date for filing has been extended to Nov 30 from Jul 31.
The department notified the new set of ITR forms early this week
Despite criticism from the ruling party and Twitterati, Spandana remained defiant.
Always remember to check whether the recipient of the charity has valid 80G approval
Philippe Coutinho scored a second half double and Everton added a cracking third as Brazil recovered from a sleepy start to beat Bolivia 3-0 in their Copa America opener on Friday.
Yamini has superpowers that help her intercept souls headed to heaven or the afterworld or for reincarnation and spirits them away, on another course, to those in need.
In a bid to counter tax evasion, the Finance Ministry is contemplating making it mandatory for individuals and Hindu Undivided Families (HUFs) to report Indian assets and liabilities in income-tax (I-T) return forms.
Mumbai Indians huffed and puffed their way to a four-wicket win over Rajasthan Royals in a thrilling match here tonight to set up a summit showdown with Chennai Super Kings in the Pepsi Indian Premier League.
Photos of the Group A match between Sri Lanka and New Zealand, being played at Cardiff
New Zealand pulled off a nail-biting one-wicket victory in a low-scoring Group A thriller against Sri Lanka, who very nearly defended a score of 138, in the ICC Champions Trophy in Cardiff.
The actor got candid about her struggles when she was overweight.
The department notified ITR 1-Sahaj and ITR 4-Sugam in January against the usual practice of notifying returns in April, with disclosure requirements related to cash deposits, spending on foreign travel, and electricity. The notification of the returns followed Budget announcements making income-tax return filing mandatory for certain persons even if their income was below the taxable limit.
Ayew strikes as Palace hold Southampton to 2-2 draw
The only IPL team left in contention, table-toppers Delhi Daredevils will aim to officially seal what seems like a sure-shot semifinal berth but will face stiff challenge from home favourites Titans in their final Group A encounter in Centurion on Tuesday.
The assessee will also have to declare whether such items and their value were disclosed at the time of filing wealth tax returns earlier.
If the spouse is the guarantor of husband's business loans, banks can hold her liable for default. Here are ways to ring-fence her assets.
Sanam Singh was splendid in his victory after Yuki Bhambri huffed and puffed to a patchy win as India completed a 5-0 rout of New Zealand in the Davis Cup Asia/Oceania Group I relegation play-off tie, in Chandigarh on Sunday.
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