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Tax landscape sees rise in share of ITR-2 tribe

new delhi, July 14 -- The Indian investor's hard turn to stocks, property and foreign assets after the pandemic shock has been much spoken about. Now, the numbers are showing up in the tax filings. In... Read More


Stock, house owners are fastest growing I-T payers

new delhi, July 14 -- The Indian investor's hard turn to stocks, property and foreign assets after the pandemic shock has been much spoken about. Now, the numbers are showing up in the tax filings. In... Read More


Every part of North-east will get Central support to become developed: FM

New Delhi, July 13 -- The government will ensure every part of the North-eastern region gets legislative and policy support to achieve their development vision, which will contribute to India's goal o... Read More


'Higher income tax refunds show formalization of economy'

New Delhi, July 13 -- Tax refunds over the last decade have surged faster than growth in gross direct tax revenue collections, a person informed about the development said on Sunday, showing increased... Read More


Insolvency board makes it mandatory to list fraudulent trades in sale prospectus

New Delhi, July 9 -- Administrators of bankrupt businesses must mandatorily disclose all dubious transactions carried out by a company's management while preparing its sale prospectus under the bankru... Read More


NITI Aayog proposes incentives for chemical industry

New Delhi, July 3 -- A mix of fiscal and non-fiscal incentives can propel India's chemicals industry into the global big league, policy think-tank NITI Aayog said on Thursday, a sector that can cataly... Read More


Indian businesses hoping for US trade deal ahead of tariff deadline, says CII's Memani

New Delhi, July 3 -- Indian businesses are hoping for a breakthrough in trade negotiations with the US as the deadline for higher reciprocal tariffs approaches, said Rajiv Memani, chairman and chief e... Read More


One-person companies, LLPs are driving the Indian economy's formalization

New Delhi, July 3 -- India is witnessing a rise in businesses with simplified compliance requirements-such as one-person companies and limited liability partnerships (LLPs)-indicating growing formaliz... Read More


CBDT revises metric to ease capital gains tax

New Delhi, July 3 -- The Central Board of Direct Taxes (CBDT) has revised a key metric used to calculate inflation-adjusted purchase price of assets, enabling sellers to claim greater tax relief on as... Read More


Calorie intake of India's poorest improved during 2022-24

New Delhi, July 2 -- The daily calorie intake of India's poorest improved in both rural and urban areas in the 2022-24 period, slightly narrowing the gap with the rich, according to government data. ... Read More