AUTHOR

Shrimi Choudhary

All stories by Shrimi Choudhary

E-invoice mandate may cover B2C transactions
Rediff.com12 Sep 2024

Businesses across the country may soon be required to issue electronic invoices, or...

Is Health Insurance Tax Relief Coming?
Rediff.com6 Sep 2024

Full exemption for all health insurance premiums and reinsurance or a reduction in the...

Fema tweaks on the cards to allow FPIs to seamlessly access FDI route
Rediff.com31 Aug 2024

The government is planning to introduce legislative changes to the Foreign Exchange...

Beware! IT Sleuths On The Prowl
Rediff.com29 Aug 2024

The suspected undisclosed income in these cases could reach as much as Rs 15,000 crore.

UPS no burden on future govts, says Somanathan
Rediff.com26 Aug 2024

The Unified Pension System (UPS), approved by the Union Cabinet on Saturday, is...

20,000 GST Notices Issued For Rs 800 Bn Taxes
Rediff.com22 Aug 2024

About 1.2 trillion tax evasion cases have been detected and as many as 59,000 entities...

I-T Sleuths Chasing Rs 16.69 Trillion Tax Arrears
Rediff.com16 Aug 2024

As on April 1, income tax arrears have increased to Rs 43 trillion from Rs 24 trillion...

New Tax Regime Could Pinch Small Savings
Rediff.com12 Aug 2024

>According to the latest RBI data, PPF receipts have already experienced a decline...

Homeowners get flexible LTCG tax calculation relief
Rediff.com7 Aug 2024

The government on Tuesday sought to address a significant concern stemming from the...

GST To See Two Slab Rate Structure?
Rediff.com7 Aug 2024

Of the two rate structures on the table, one suggests tax slabs of 8 per cent, 16 per...

ITR Filings Hit Record 72.8 Million
Rediff.com5 Aug 2024

The platform recorded a peak rate of 917 filings per second on July 17 and 9,367...

Income Tax dept begins scrutiny in reassssment cases for AY-2018-19
Rediff.com1 Aug 2024

The income-tax (I-T) department has started scrutinising cases for the assessment year...

'No Sunset Clause For Old Tax Regime'
Rediff.com25 Jul 2024

'We have now drastically simplified it, primarily to two rates in long-term capital...

Foreign cos get GST relief on loans to Indian arms
Rediff.com28 Jun 2024

In a relief for foreign firms giving loans to Indian subsidiaries, tax authorities have...

Budget: Tax Treat For Salaried Class?
Rediff.com28 Jun 2024

Amid the Budget preparation, the revenue department is assessing the feasibility of...

June 22 GST Council meet may give relief to foreign airlines
Rediff.com21 Jun 2024

The Goods and Services Tax (GST) Council, scheduled to meet on June 22, could take a...

CBIC steps up vigil over imports of unbranded gold jewellery
Rediff.com10 Jun 2024

The Central Board of Indirect Taxes and Customs (CBIC) has stepped up its watch on the...

GST Council's fitment committee likely to consider dropping 12% slab
Rediff.com5 Jun 2024

The fitment committee under the Goods and Services Tax (GST) Council, comprising...

Over 100,000 small and mid-sized firms flout GST e-invoicing rules
Rediff.com17 Nov 2023

Over 100,000 small and medium-sized businesses are non-compliant with e-invoicing norms...

Tax Collections May Exceed Budget Estimates
Rediff.com15 Nov 2023

Taking both direct and indirect taxes, the gross collection is expected to grow 10.45...