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Income Tax Department On Vivad

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'We are closing loopholes exploited by highest level of taxpayers'

'...Market-linked debentures, high-value insurance, exemptions from capital gains by investment in real estate, etc.''So, there are a number of measures directed at collecting a fair share from......

PAN to be common identifier for govt agencies: FM

Finance Minister Nirmala Sitharaman on Wednesday said Permanent Account Number (PAN) will be used for common identifier for all digital systems of specified government agencies. Photograph: PTI......

Income tax exempted on employee's Covid treatment

The government on Friday extended the deadlines for various income tax compliances and said the amount paid by an employer to employees for Covid-19 treatment would be tax exempt. IMAGE: Kindly......

Cairn, govt discuss LTCG tax and Vivad se Vishwas scheme

Cairn wants a quick solution to its tax dispute to avoid prolonging and exacerbating the negative issue. During a series of hectic talks between Cairn Energy and the Indian government over the......

India likely to go in appeal against Cairn arbitration award

The government is likely to file an appeal against the USD 1.4 billion international arbitration award won by Cairn Energy in a tax dispute, even as the issue did not figure during two days of......

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