Lack of visibility on rates makes companies apprehensive.
Mahesh Padmanabhan of RelaxWithTax has the answers to your tax related queries.
Your employer has deducted more tax than was due to you. Here's how you can claim your tax refund now.
Income tax payers can now file their tax returns more easily, says tax expert Subhash Lakhotia.
If you miss the July 31 deadline, there is a late filing fee of up to Rs 10,000. Also, you cannot file returns beyond March 31, 2019.
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
A salaried individual needs to file returns as a business owner if s/he has a high turnover while trading in stocks or futures & options, reveals Tinesh Bhasin.
File your return by July 31, says tax expert Vikas Gandhi.
The new penalty regime could create a fresh set of complications for tax payers.
'Genuine' share transfer gets relief; CBDT lists three scenarios where tax would be levied
However, if you carry on the business of buying and selling the agricultural land then in such a situation you will be required to make the payment of tax on such profit.
Many foreign investors have been receiving notices requesting their MAT calculations for financial year 2011-2012.
Penalties for undisclosed foreign income and assets extend up to 300%.
The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
The finance ministry is seeking to speed up deals with outside investors.
A panel report would give a policy direction to tax officers on applicability of MAT on FIIs.
Cess upto 2 per cent will be levied
Another major development is REITs coming closer to reality
India studied the Malaysian model, which was scrapped on Wednesday, before implementing the GST and borrowed the anti-profiteering clause to ensure GST benefits are passed on to the end-consumer by the industry
Fast-moving consumer goods companies have begun assessing the impact of the rate structure declared on Thursday under the goods and services tax.
The window for registration is open up to September 30
The regulations will only apply to the share purchases that have been done after October 1, 2004
Higher oil prices, while not having an impact on Centre's revenues due to fixed tax rate, are pushing up states' sales tax revenue.
Rules applicable from April 1, 2014; investors who have already redeemed will also have to pay tax
With a new higher tax regime coming into effect from the new financial year, top corporates and wealthy investors are in a rush to restructure their shareholding.
CAs not sure if individuals declaring unaccounted money will get immunity from reassessment as these provisions are not covered in the Bill.
Revised draft model Bill clearly says an agriculturist for the purpose of agriculture won't be liable for registration under GST.
From anti-profiteering to affixing stickers on existing stocks, FMCG companies are bracing for new set of GST challenges
Finance Minister Arun Jaitley is likely to slash corporate tax rate by about one per cent and may put an end date for certain exemptions availed by the industry.
If you are making any drastic changes, make sure there is adequate documentation
Retrospective claims may not stand the test in international courts.
The amended India-Mauritius tax treaty has inserted a new clause allowing source-based taxation at 10 per cent on fees paid for technical and consultancy services.
Budget 2016 may hold some answers to start-up cooncerns.
Companies are worried that any staggered roll-out of GST could result in cash flow issues with businesses not able claim tax credit due to breakage in the chain
Top firms get GST notices on credit claims on Friday; replies sought within hours.
Electricity has also been kept out of the GST ambit.