Advance tax: March 15 is deadline of last instalment; what penalty will you pay if you miss it
The Income Tax Department has issued a reminder that the final installment of advance tax for the financial year 2024-25 […]
Recent Tax News
Five industrial states contribute 72% of direct taxes
Top five industrial states of the country contribute more than 2/3rd of the direct taxes collected by the central government,
Centre providing only 30 per cent tax devolution to Telangana: CM Revanth Reddy
Claiming that the Centre was providing only around 30 per cent tax devolution to Telangana and not 42 per cent
States’ capex likely fell 6% in April-Jan
Capital expenditures by state governments likely fell 6% year over year in the first ten months of the current financial
Anti-Tobacco Forum disappointed over absence of tax on tobacco products
Anti-Tobacco Forum (ATF), Mysuru, has expressed disappointment over the absence of any levies on tobacco products in the recently presented
NewsClick gets relief for 10 more days in tax case
The Supreme Court on Friday extended the protection to NewsClick against any coercive action for 10 more days to enable
ICAI seeks fewer sections, simplification of language under new I-T Bill
The Institute of Chartered Accountants of India, the apex body for chartered accountants, has given its recommendations to the Lok
Stock price moves unrelated to taxation: Economic Affairs Secy Ajay Seth
Economic Affairs Secretary Ajay Seth on Thursday sought to dismiss the notion that the downturn in India’s stock market and
Govt’s FY25 dividend kitty rises beyond target
The Centre has collected Rs 59,638 crore in dividends from its share in Central Public Sector Enterprises (CPSEs) so far
Karnataka gears up for political showdown over cuts in tax devolution
A massive political storm has erupted over the NDA government’s alleged attempt to cut the states’ share of tax revenue