Search For "income"
CAIT seeks action against Flipkart, Amazon for FDI norms violation
Updated : 6 years, 7 months ago IST
New Delhi [India], Dec 3 (ANI): Traders' body CAIT on Tuesday lashed out at e-commerce majors Amazon and Flipkart and demanded that the government takes action against them for alleged violation of foreign direct investment (FDI) policy norms.
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Pakistan's NAB orders freezing of Shahbaz Sharif's properties
Updated : 6 years, 7 months ago IST
Islamabad [Pakistan], Dec 3 (ANI): The National Accountability Bureau (NAB), Lahore, on Tuesday issued orders to freeze immovable properties of Pakistan Muslim League-Nawaz (PML-N) president Shahbaz Sharif and his two sons. The family has been facing an investigation in the income-beyond-mea
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Karnataka: Congress's DK Shivakumar appears before I-T dept in money laund
Updated : 6 years, 7 months ago IST
Bengaluru (Karnataka) [India], Dec 2 (ANI): Senior Karnataka Congress leader DK Shivakumar on Monday appeared before the Income Tax (I-T) Department here in connection with a money laundering case.
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Lok Sabha passes Taxation Laws (Amendment) Bill, 2019
Updated : 6 years, 7 months ago IST
New Delhi [India], Dec 2 (ANI): The Lok Sabha on Monday passed the Bill that provides for inserting a new provision in the Income Tax Act that a company may opt to pay tax at 22 per cent if does not claim any incentive or deduction.
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I-T Dept searches over 25 premises of biz entity in NCR, unearths undisclo
Updated : 6 years, 7 months ago IST
New Delhi [India], Dec 2 (ANI): The Income Tax (I-T) Department has searched the premises of a group having interests in infrastructure, mining and real estate having an undisclosed income of more than Rs 3,000 crore.
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Positive impact of government's move to reduce corporate tax: Sitharaman
Updated : 6 years, 7 months ago IST
New Delhi [India], Dec 2 (ANI): Finance Minister Nirmala Sitharaman said on Monday that the government's move to reduce corporate tax has had a "positive impact" and companies wanted to get out of China due to trade war with the US.
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IFC to anchor $200 million investment in Mahindra Finance to boost MSME le
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Dec 2 (ANI): International Finance Corporation (IFC), part of the World Bank Group, has anchored an investment round of 200 million dollars (about Rs 1,430 crore) in Mahindra & Mahindra Financial Services Ltd to create a dedicated pool of financing for micro, sm
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IT department summons DK Shivakumar to appear before it today
Updated : 6 years, 7 months ago IST
Bengaluru (Karnataka) [India], Dec 2 (ANI): Income Tax Department on Monday summoned Karnataka Congress leader DK Shivakumar to appear before it today.
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PIL filed in Punjab and Haryana HC against income tax exemption to MLAs
Updated : 6 years, 7 months ago IST
Chandigarh (Punjab) [India], Nov 29 (ANI): A public interest litigation (PIL) has been filed in the Punjab and Haryana High Court challenging the income tax exemption granted to MLAs of Punjab on their salaries and allowances.
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Cabinet approves pact on avoidance of double taxation with Chile
Updated : 6 years, 7 months ago IST
New Delhi [India], Nov 27 (ANI): The government on Wednesday approved signing of a double taxation avoidance agreement (DTAA) with Chile for elimination of double taxation besides prevention of fiscal evasion and avoidance with respect to taxes on income.
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CBDT compulsorily retires 21 Income Tax officers for corruption, other cha
Updated : 6 years, 7 months ago IST
New Delhi [India], Nov 26 (ANI): The Central Board of Direct Taxes (CBDT) on Tuesday compulsorily retired another 21 Group B officers of the rank of Income Tax officers, due to corruption and other charges, Finance Ministry sources said.
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Ind-Ra slashes FY20 GDP growth forecast for fourth time to 5.6 pc
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Nov 26 (ANI): India Ratings and Research (Ind-Ra) on Tuesday revised its GDP growth forecast for the current financial year (FY20) to 5.6 per cent.
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