TDS: The onus is on the buyers of virtual digital assets

The Finance Act, 2022, with effect from July 1, inserts a new section, 194S, in the…

LIC IPO Share Allotment | SC refuses to grant interim relief on pleas seeking stay

The LIC IPO is open for retail and other investors on May 4 and is to…

TDS on immovable property can tackle tax leakage

Buying a home is the dream of many people. It has been a rollercoaster ride full…

Capital gains tax on ULIP income portion of previous budget – Times of India

New Delhi: The government has not imposed any new tax on Unit Linked Insurance Plans (ULIPs)…

New ULIP Taxation Rules Notified

New Delhi: The government has amended Income Tax and Securities Transaction Tax rules for taxation of…

‘Implement new GST rules in a fair manner’

New Delhi The Central Board of Indirect Taxes and Customs (CBIC) has asked the field authorities…

New norms for retro tax dispute settlement

New Delhi : The Central Board of Direct Taxes (CBDT) on Thursday notified additional rules to…

Need for more clarity on taxable interest on employee’s contribution to PF

Interest on employee contributions to provident fund (PF), so far exempt, was made taxable on contributions…