Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture and banking and insurance, the Nasscom report said.
After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax
The Central Reserve Police Force (CRPF) that lost 40 troopers in the 2019 Pulwama terror attack said on Sunday that the country 'did not forgive' and 'will not forget' the supreme sacrifice made by the personnel.
Any additions in demand made by a tax officer under the faceless assessment process for over Rs 5 lakh of income will undergo a rigorous review process before a final demand order is passed.
This will bring down capital gains especially in case of property transactions.
The US launched an investigation, focusing on whether the tax in India and other countries discriminated against American companies, were retroactive, and reflected unreasonable tax policy.
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The Dubai-based Lifestyle International runs a retail chain.
The department gets data of high-value transactions under the Annual Information Return.
The 130 crore people of the country, all the states and every individual fought this battle against COVID-19 as one nation, he said.
Anju George won the long jump in the final leg of the Asian GP but failed to attain the qualifying mark for the World Championships in Osaka.
Rediff readers share photographs from their travels to the desert state.
It was alleged that the journalist in his news show on June 15 had used the term 'Lootera Chishti' for the Sufi saint, inviting reactions from the Muslim community.
'In the week before I got evicted, Eijaz and I became really close.' 'We did not leave each other even for a minute during the day.'
A three-judge bench headed by Justice AM Khanwilkar, by 2:1 majority, held that the grant of the environmental clearance and the notification for change in land use for the project was valid.
However, Chief Minister Vasundhara Raje and her five cabinet colleagues have won their respective constituencies.
To decide whether capital gains on surrender of call options are taxable
Consumers are exposed to trends from across the globe and now expect creative as well as unique products.
'Children should include their parents in the group health insurance cover provided by the employer at the earliest.' 'However, the elderly should not depend on it alone and should also buy a personal health cover,' suggests Sanjay Kumar Singh.
Cess upto 2 per cent will be levied
Officials working in the building will not be allowed inside the premises from Sunday.
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
The remaining qualification rounds will be followed by the six-man final on Sunday. 81 shooters are in the fray.
Awaiting a formal notification on quadricycle, Pune-based Bajaj Auto on Wednesday said it is ready to roll out its RE60 model once it gets a go ahead from the government.
The govt could allow start-ups and e-commerce cos to appropriate initial brand building expenses over several years for accounting benefits
The Bollywood star was the face of the 'Rahul Mishra for Project Eve' collection at Lakme Fashion Week Winter/Festive 2017.
Bajaj Auto, the world's largest three-wheeler maker, expects to launch its four-wheeled passenger carrier RE60 by end of the current financial year.
All what's going on in Bollywood with Subhash K Jha.
In simple terms, it refers to a deduction allowed in income tax, irrespective of expenses incurred or investment made by assessees.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
A normal assessment notice is served under Section 148.
As the curtains come down at the Tokyo Olympics, here's a glance at the medallists and those who came within touching distance of glory.
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.
Five to eight per cent of projects from the loan portfolio of L&T Infrastructure Finance face a payment problem, says its chief executive officer, Suneet K Maheshwari.
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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.
By using recycled resources to create earth-friendly gifting options, the venture Surprise Someone is changing the way India smiles.
The encounter broke out after three motorcycle-borne terrorists opened fire on CRPF personnel posted at a mobile checking unit in Shalteng in Parampora, officials said. The captured terrorist is Umar Fayyaz of the Islamic State Jammu and Kashmir (ISJK), he said.
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