The tax department has created many circular traps -- flawed reporting formats, penalties for those who point out the flaws, and faceless assessors with no accountability. The result: Millions of taxpayers face needless harassment and procedural dead ends, highlights Harsh Roongta.
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is incorrect.
A group of supporters stopped the vehicle of former Chief Minister Shivraj Singh Chouhan outside the swearing-in ceremony site for the newly designated Madhya Pradesh CM in Bhopal on Wednesday, chanting slogans and expressing support with cries of 'mama, mama'.
The government has decided to extend the Rs 25,938-crore production-linked incentive scheme for the automotive sector by one year, Union Heavy Industries Minister Mahendra Nath Pandey said on Tuesday. Post extension, the five-year scheme, originally in place from 2022-23 to 2026-27, will be active until 2027-28. At present, incentives are applicable under the scheme for determined sales of Advanced Automotive Technology (AAT) products (vehicles and components) manufactured in India from 1 April 2022 onwards for a period of five consecutive years.
'If taxpayers have not filed a belated ITR, they will be allowed to file an updated ITR from April 1, 2024.'
Sejal Gulati, CEO of Time Analytics Services, Bangalore talks about earning every penny by herself, making big mistakes and learning from them.
If you disagree with the notice, be ready to explain.
Analysts warn that complying with the new standards will be a cumbersome process for companies, particularly smaller ones.
Failure to do so leads to incorrect filing and under-reporting of income, with adverse consequences, advises Bindisha Sarang.
Many salaried taxpayers hold the misconception that they don't need to disclose any other income since TDS is deducted from their salary.
It is not clear whether the drop in offers is a fallout of demonetisation.
As front-runners for the CEO positions leave, speculation is rife that Infosys will have to look for a suitable candidate outside the company.
Irrespective of demonetisation and GST blues, IIM Lucknow has been able to successfully place their batch of 459 students.
Take a look at these nine beautiful, luxurious gadgets -- smartphones, laptops, music systems -- designed by English designer Stuart Hughes. These could be the world's most expensive gadgets ever made.
Nephew Shekhar Kapur recounts a poignant anecdote about Dev Anand.
We publish readers' responses to our recipes invite. Here's how to prepare Steamed Upma Dumplings, Vegetarian Pizza, Mutton Kassa, Pepper Spinach Chicken and Meethi Tomato Chutney.
Meghave Meghave directed by Nagendra Prasad is bogged down by ordinary performances from artists and weak handling of an ordinary story. Prasad proves that he is yet to learn the tricks in direction. The film drags from the first sequence. Gracy Singh makes a forgettable debut in this film.
Morgan Motor has banked on sleek designs and small production for a century.
Alec Guinness' iconic cloak from the 1977 epic Star Wars film, where the actor played Obi-Wan Kenobi, headlines a unique memorabilia auction taking place at Bonhams, UK.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
Taslima, in her article titled 'Let's Burn The Burqa,' criticised the wearing of veils and asked Muslim women to 'throw away the apparel of discrimination and burn their burqas.'
Besides addressing the inflation problem, the Budget is likely to focus on infrastructure and agriculture.
'A lot of people who quit felt they have been in the organisation for way too long and needed a better or challenging career role to advance in their careers.'
Regretting absence of a comprehensive national policy for IT hardware manufacturing industry, a Parliamentary panel has recommended "urgent" finalisation of such a policy in order to fully exploit its vast potential.
The Englishman won by default after his Australian opponent Mike Corren conceded the final in the Chennai Open 2003.
Mr Tata said a letter had arrived in his office from a young woman who had applied for the graduate engineering programme of TELCO Pune and been turned down. 'I wouldn't interfere with your selection process, Maira,' he said. 'However, I am calling you because this lady says that her rejection letter says that though she is very well qualified for the programme, TELCO Pune cannot select her because she is a woman.' 'Why are you discriminating against women?' he asked. A must read excerpt from Arun Maira's The Learning Factory: How The Leaders Of Tata Became Nation Builders.
The Supreme Court on Tuesday refused to allow a woman, who is in her 26th week of pregnancy, to abort her foetus on the ground that it suffered from 'down syndrome', saying "we have a life in our hands".
Russell had opted out of the three-match T20I series against India due to an injury, but he turned up for Vancouver Knights to play in the T20 tournament in Canada.
Spaniard Marta Dominguez Marta Dominguez has been stripped of her 2009 steeplechase world title and banned for three years due to anomalies in her biological passport that pointed to doping, the Court of Arbitration for Sport (CAS) said on Thursday.
The e-commerce firm recruited 18 post graduate students.
Most offers are coming from regular recruiting firms and sectors led by consulting, analytics, IT and finance.
IIM-Trichy has seen a dip in the number of offers per recruiter. IIM-Udaipur is yet to place 20 of its 144 students.
While study was done before the current boardroom battle began, the findings indicate Tata is no longer viewed as aspirational brand by working professionals.
Tata's Vistara has a very strong core team to look into daily operations.
The New Year 2015, however, may see shares worth over Rs 50,000 crore (Rs 500 billion) being put on the table by the government, including by way of part-sale of its holdings in PSUs and its residual minority stakes in some private sector entities.
'When he cover drives, who the hell cares about where the ball pitched? I only know that he seems to move so lazily and has all the time in the world to make incredibly elegant and powerful strokes. He has something that other don't...'
As the Master announces his retirement from the game after his 200th Test, we republish another Master -- Varsha Bhosle -- on Sachin Tendulkar.
'When he cover drives, who the hell cares about where the ball pitched? I only know that he seems to move so lazily and has all the time in the world to make incredibly elegant and powerful strokes. He has something that other don't...'
As the Master announces his retirement from the game after his 200th Test, we republish another Master -- Varsha Bhosle -- on Sachin Tendulkar.
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