Search Results for: income tax

Comprehensive review of Income Tax Act announced in Union Budget

Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income Tax Act, 1961 to simplify the tax regime. The tax regime for charities, TDS rate structure, and capital gains taxation are also being simplified. The government's efforts to simplify taxes are part of a broader effort to improve taxpayer services and reduce litigation. The government also announced measures to make life and health insurance plans more affordable.

Jul 23, 2024

Assessments to be reopened beyond 3 years only if escaped income is more than Rs 50 lakh

An assessment can be reopened now only when it's beyond three years from the end of the assessment year and if the escaped income is Rs 50 lakh or more.

Jul 23, 2024

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

Budget 24-25: FM all set to present her 7th Budget with major reforms

The Union Budget is unlikely to leave any subject that was not under focus during the recent elections

Jul 23, 2024

Putting governance back on track herculean task: Andhra Governor

Presenting a grim picture of Andhra Pradesh finances, Governor S. Abdul Nazeer told the joint session of the Assembly and Council on Monday that putting the governance back on track was truly a herculean task.

Jul 22, 2024

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

As the Centre is set to present the Union Budget 2024-2025 on July 23, stock market experts bet big on four key sectors -- capital goods, defence, electronics system design and manufacturing (ESDM) and Tourism.

Jul 21, 2024

Infosys' headcount drops 1,908 in Q1 FY25, plans to hire 20,000 freshers as per growth

Infosys' headcount drops 1,908 in Q1 FY25, but plans to hire 20,000 freshers

IT giant Infosys on Thursday reported a drop in headcount by 1,908 in the April-June quarter of the current fiscal (FY25).

Jul 19, 2024

Pune court sends IAS-PO's mom Manorama Khedkar to police custody till July 20

A Pune Court in Paud has sent Manorama Dilip Khedkar – the mother of the controversial IAS-Probationary Officer Puja Khedkar – to police custody till July 20, hours after she was arrested from Mahad town in Raigad District,

Jul 18, 2024

Top 5 Tips for Successful Mutual Fund Investing

Investing in mutual funds can be a rewarding endeavour if approached strategically. By understanding your investment goals, diversifying your portfolio, regularly monitoring your investments, using a step-up SIP calculator

Jul 18, 2024

Nasscom up in arms over contentious Karnataka quota Bill for locals

Nasscom, representing India's $250 billion technology industry, on Wednesday said it is seriously concerned about the provisions of a Bill providing for reservation for Kannadigas in private companies in Karnataka.

Jul 17, 2024

CA mocks Infosys' Narayana Murthy, urges to run income tax portal smoothly

In October 2023, Narayana Murthy urged the Indian youth to work 70 hours a week to increase their productivity

Jul 15, 2024

India has potential to become even as world's 2nd largest economy by 2031, says RBI Dy Governor

Given the country's innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy in the world not by 2048, but by 2031, and the largest economy of the world by 2060

Jul 13, 2024

India has potential to become world's 2nd largest economy by 2031: RBI Dy Governor

Jul 13, 2024

India's Industrial Sector Shows Promising Growth

India's industrial sector has shown a promising growth trajectory, with the Index of Industrial Production (IIP) rising by 5.9% in May 2024, compared to the same month in the previous year.

Jul 13, 2024

Markets at new all-time high, Nifty trades above 24,500 for first time

India equity benchmarks are trading at record highs on Friday following buying in the IT stocks.

Jul 12, 2024

India's Union Budget 2024-25: Expectations Run High as Modi Government Prepares to Present its Vision

The Union Budget 2024-25, set to be presented on July 23, aims to outline India's economic roadmap towards becoming a developed nation by 2047. The budget is expected to ensure high economic growth, job creation, and measures to manage inflation.

Jul 12, 2024

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Search Results for: income tax

Comprehensive review of Income Tax Act announced in Union Budget

Assessments to be reopened beyond 3 years only if escaped income is more than Rs 50 lakh

Budget 24-25: FM all set to present her 7th Budget with major reforms

Putting governance back on track herculean task: Andhra Governor

Union Budget: Markets bet big on defence, capital goods, electronics manufacturing, tourism

Infosys' headcount drops 1,908 in Q1 FY25, but plans to hire 20,000 freshers

Pune court sends IAS-PO's mom Manorama Khedkar to police custody till July 20

Top 5 Tips for Successful Mutual Fund Investing

Nasscom up in arms over contentious Karnataka quota Bill for locals

CA mocks Infosys' Narayana Murthy, urges to run income tax portal smoothly

India has potential to become even as world's 2nd largest economy by 2031, says RBI Dy Governor

India has potential to become world's 2nd largest economy by 2031: RBI Dy Governor

India's Industrial Sector Shows Promising Growth

Markets at new all-time high, Nifty trades above 24,500 for first time

India's Union Budget 2024-25: Expectations Run High as Modi Government Prepares to Present its Vision

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]