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TDS limit raised for seniors, rents and remittances

Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for Tax Deduction at Source (TDS) on interest income for senior citizens to Rs 1 lakh, and also increase the threshold to......

10 Times Arvind Kejriwal Made Headlines

From the time he first rose to prominence during the movement against the then UPA government, Arvind Kejriwal has regularly grabbed headlines for his surprise moves and decisions.Utkarsh......

1 killed in Delhi income tax office blaze; officials say no data loss in fire

A 46-year-old income tax officer died while six people were rescued after a massive fire broke out at the Income Tax CR Building at ITO in central Delhi Tuesday afternoon, the police said. IMAGE:......

Sunak under Oppn fire over 'VIP access' for Infosys

The UK's Opposition Labour Party has claimed Infosys was effectively granted “VIP access” after a media report alleged the software services major was promised help to grow in Britain......

What Reforms Can We Expect, Modiji?

Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that,......

What Indian taxpayers want from CBDT

An Income-Tax Department internal committee reviewing the old direct tax law to pave the way for a new one has "largely" received suggestions for "simplifying" the language, better "structuring"......

For a slightly higher government capex outlay

While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani. IMAGE: Union Finance Minister......

New I-T Bill next week; 100% FDI in insurance sector

The government will introduce a new Income Tax bill next week to take forward the "trust first, scrutinise later" concept, Finance Minister Nirmala Sitharaman said on Saturday. Illustration:......

'Old Tax Scheme Will Naturally Go Away'

'We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.' IMAGE: Finance Minister Nirmala Sitharaman with the Budget team. Photograph: ANI......

Sitharaman turns middle class hero with tax cuts, reforms

Finance Minister Nirmala Sitharaman on Saturday announced significant income tax cuts for the middle class and unveiled a blueprint for next generation reforms as she looked to shore up a slowing......

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