No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of......

Non-resident taxpayers can now manually file Form 10F till March 31

The income tax department has allowed non-resident taxpayers not having PAN to file Form 10F manually till March 31, 2023, a move which would ease their compliance burden and enable them to claim......

Single ITR form with focus on cryptos likely

The Central Board of Direct Taxes (CBDT) has proposed a new common income-tax return (ITR), with greater focus on disclosing income from virtual digital assets or crypto assets and foreign equity......

Centre proposes stricter valuation rules for overseas direct investments

The government on Monday introduced new set of rules for domestic entities, including companies and large family offices and start-ups, opting for overseas direct investment route (ODI), which......

Dramatic day as 18 wickets collapse in Bengal-Hyd tie

Bengal batsmen surrendered the intiative given by their seamers on a green top to find themselves at sea in their own backyard as 18 wickets fell in the group A league match against Hyderabad at......

101 cricketers sever ties with ICL

Former internationals Rohan Gavaskar, Deep Dasgupta and Hemang Badani are among 101 cricketers who have severed links with the rebel Indian Cricket League and applied to the Board of Control for......

ICL announces team lists

The Indian Cricket League on Wednesday announced the name list of players in each of the six teams and their respective coaches for the upcoming ICL Twenty20 tournament. The announcement came along......

East gain big lead over Central

Ashok Dinda's inspiring six-wicket haul and Rohan Gavaskar's fine half-century gave East Zone a healthy lead over Central Zone in their four-day Duleep Trophy match in Gwalior on Friday.At stumps......