Page 45 - Finance Act News Today

Get latest articles and stories on India at LatestLY. The government has collected about Rs 1,260 crore in taxes till now this fiscal after a new TDS regime was brought in for online gaming and trade in cryptocurrency, CBDT Chairperson Nitin Gupta said Friday. India News | I-T Dept Collects over Rs 1,260 Cr in TDS from Online Gaming, Crypto Trade.

Despite the limitations of this Budget, common man, especially the middle class taxpayers are eagerly awaiting some income tax reforms by FM Sitharaman that would enable them to curtail their tax outgo.  - Budget 2024: 5 Things Middle Class Taxpayers Expect Sitharaman To Include In Interim Statement

The challenges in GB and Balochistan are a litmus test for Pakistan’s democratic maturity.

An insurance sector-specific, non-government organisation (NGO) Transparent Protection Ltd/Gte (TPL) has faulted the federal government’s inclusion of the

Committee’s meeting to take up 13-point agenda

The Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that commission shared by the head office with a branch office of the same entity is not taxable.The bench of...

For capital gains tax, the holding period may differ from 12 months to 36 months, while the tax rate may range from 10 percent to a nominal tax rate.

Budget 2024: The middle class is eagerly awaiting some income tax reforms that would enable them to curtail their tax outgo

Given that there is a high priority on increasing participation in global value chains, the expectations from this budget from an Indirect Tax standpoint could be around improving the global trade ecosystem, simplification and streamlining of compliance framework, policy measures to cultivate local competencies and exports as well as focus on simplification and certainty in tax policy.

On 1 February 2024, Finance Minister Nirmala Sitharaman will present her interim budget in Indias election year. The focus is on making India an attractive destination for foreign investments while maintaining fiscal discipline. Key budget expectations in the Financial Services space include addressing tax implications for Alternate Investment Funds (AIFs) and achieving tax parity among different categories of AIFs.