tax

Price Of Edible Oil Will Now Reduce As Govt Plans To Cut Taxes: Check Full Details India is going to cut taxes on some edible oils in order to offset the impact on the domestic market after the war in Ukraine and Indonesia’s ban on palm…

UAE Will Impose 9% Corporate Tax On These Businesses From 2023: UAE Is No More A Tax Haven! They say nothing comes free and if anything comes at a no-cost then you are the product. And this is what exactly has happened in UAE in the…

Income Tax Return Deadline Finally Extended To This Date: But Only For These Taxpayers We all know what ITR is. An Income tax return (ITR) is a form used to file information about your income and tax to the Income Tax Department. The…

Income Tax Notice If You Don't Report These High-Value Transactions (Full List) India is a country with over 1.3 billion people where only 1% of the population files income tax. So it becomes imperative that government keeps on bringing…

Everyone loves money. Nobody likes to give away their hard-earned money to tax collectors. So, to avoid taxes a lot of loopholes are looking for in the existing system. If your country is not offering considerable tax benefits people…

On Thursday, most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules on where companies are taxed and a tax rate of at least 15% after two days of talks. The…

The net direct tax collection by the Centre for the financial year 2021-22, has crossed over Rs 1.85 lakh crore. In an official statement released by the Ministry of Finance on Wednesday, the net direct tax collection by the Centre for…

A new e-filing website for Income Tax Returns (ITRs) has been launched by the Income Tax Department on Monday, June 7, 2021. New e-filing Portal The new e-filing portal comes with new features which are expected to make the ITR…

Income-Tax department keeps a tab on high value cash-related transactions such as banks, mutual fund houses, brokerages and registrar of properties. Such big-ticket transactions, beyond a certain limit, are reported to IT department. …

Non-residents will have to pay taxes for doing business in India, despite not having a physical presence in the country. The non-residents with a digital business presence in India but not necessarily a physical one are now taxable…