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Taxation of Debt Funds

Income Tax : Explore the changes in taxation of debt mutual funds pre and post April 2023. Learn about impacts, benefits, and strategies. Inves...

March 29, 2024 8172 Views 0 comment Print

Budget: The Beacon of Evolution

Finance, Income Tax : Explore the impact of Indias budget evolution in 2024, focusing on economic growth, reducing disparity, and strategic resource all...

March 12, 2024 243 Views 0 comment Print

FM releases COVID Relief Package to boost economy: A Liquidity Lifeline

Finance : Welcome Announcements by Finance Minister to boost COVID affected sectors: Healthcare, Tourism, Exports, Job Creation In a bid to ...

June 29, 2021 1833 Views 0 comment Print

Unlocking The Lockdown: Logical Steps Needed

Finance : Before the Unlocking starts I have some suggestions for Government, Trade and Citizen. They can be further discussed with all the ...

May 30, 2021 969 Views 0 comment Print

Special Cash Package Scheme In Lieu of LTC for Government Employees

Finance : 1. The Government vide office memorandum no. F.No. 12(2)/2020—EH(A) dated 12 October 2020 announced the Cash Voucher LTC (Leave ...

October 13, 2020 51426 Views 138 comments Print


Latest News


Union Budget 2025: Key Industry and Common Man Expectations

Income Tax : Union Budget 2025 expectations include tax relief, GST reforms, R&D support, and measures for MSMEs. Common demands focus on easin...

February 1, 2025 2235 Views 0 comment Print

Key Highlights of 165th Income Tax Day Celebration

Finance : Finance Minister Nirmala Sitharaman emphasizes tax compliance and technology adoption during the 165th Income Tax Day celebration,...

August 21, 2024 285 Views 0 comment Print

Nirmala Sitharaman Takes Office as Finance and Corporate Affairs Minister

Finance : Smt. Nirmala Sitharaman assumes office as Union Minister for Finance & Corporate Affairs, pledges commitment to 'Ease of Living' a...

June 12, 2024 504 Views 0 comment Print

FM Nirmala Sitharaman Leads 164th Income Tax Day Celebrations in Delhi

Income Tax : Marking the 164th Income Tax Day, Finance Minister Nirmala Sitharaman praises CBDT's efforts in tax administration reforms and ea...

July 27, 2023 510 Views 3 comments Print

Multiple steps outlined to prevent operations of Illegal Loan Apps: FM

Finance : Finance Minister Smt. Nirmala Sitharaman chairs meeting on Illegal Loan Apps. Multiple steps outlined to prevent operations of suc...

September 9, 2022 621 Views 0 comment Print


Latest Judiciary


Assessee is entitled for depreciation on assets of a closed unit which are part of block of assets

Income Tax : The assets did not fall under any of the above exceptional three conditions. The said block of assets was used for the purpose of ...

January 10, 2010 10669 Views 0 comment Print


Latest Notifications


The National Commission For Allied And Healthcare Professions Act, 2021

Corporate Law : (1) This Act may be called the National Commission for Allied and Healthcare Professions Act, 2021. (2) It shall come into force o...

March 28, 2021 1986 Views 0 comment Print

4th FAQs on LTC Cash Voucher Scheme

Income Tax : Whether the full and final settlement of the bills pertaining to LTC Cash Scheme is also to be ensured by 31st March, 2021, withou...

March 10, 2021 25851 Views 2 comments Print

FM announces measures of Rs 73,000 crore to stimulate consumer spending

Finance : Finance Minister announces measures of Rs 73,000 crore to stimulate consumer spending before end of this Financial Year in fight a...

October 12, 2020 723 Views 0 comment Print

FM announces Stimulus to boost Demand in Economy: Highlights

Finance : Under LTC Cash Voucher Scheme, the Government has decided to give cash payment to employees in lieu of one LTC during 2018-21, in...

October 12, 2020 759 Views 0 comment Print

LTC for Central Government Employees during Block 2018-21

Finance : It has been decided that cash equivalent of LTC, comprising Leave Encashment and LTC fare of the entitled LTC may be paid by way o...

October 12, 2020 129147 Views 22 comments Print


TARC submits its fourth and final report on tax reforms

February 24, 2015 1694 Views 0 comment Print

The Parthasarathi Shome-led Tax Administration Reforms Commission (TARC) has submitted its fourth and final report to Finance Minister Arun Jaitley. This report suggests many departures from existing methodologies including those on revenue forecasting.

Foreign Bank Accounts Held By 1195 Indians – Govt. will take action

February 9, 2015 489 Views 0 comment Print

Concealment Penalty Proceedings U/S 271(1)(C) of Income Tax Act 1961 Initiated in 128 Cases in which Assessments were Completed While in the Remaining Cases, Assessment Proceedings are at Advance Stage; Information About Hsbc Foreign Bank Accounts was Received from the French Authorities in Respect Of 628 Indian Persons/Entities; Necessary Investigation as Per The Provisions of […]

Investors Showing more Curiosity and Interest in India: FM

February 9, 2015 456 Views 0 comment Print

FM: Global Situation is Favourable to the Country as more and more Investors are Showing Curiosity and Interest in India; Our Major Challenges will be to Boost Investment Especially in Infrastructure Sector and Give Further Boost to Both Manufacturing and Agriculture Sector Among Others

FM Calls for Non Adversarial Tax Administration

January 27, 2015 760 Views 0 comment Print

FM: Investors Showing Huge Curiosity and Interest in India; We Can’t Afford to Miss this Opportunity; Ordinarily Everything is Going in our Favour Including Better Growth Prospects, Good Reserves, Fiscal Deficit and Cad Under Control; Calls for Non Adversarial Tax Administration

Role of IT Sector is Crucial to Promote E-Governance – FM

January 14, 2015 4839 Views 0 comment Print

FM: Role of IT Sector is Crucial in Order to Promote E-Governance for Empowering Citizens; to Promote the Inclusive and Sustainable Growth of the Electronics, IT and ITeS Industries and Enhancing India’s Role in Internet Governance

FICCI urges FM to create non-adversarial tax regime

January 12, 2015 995 Views 0 comment Print

Dr. Jyotsna Suri, President of FICCI today has urged the Finance Minister, Shri Arun Jaitley, to make earnest efforts to move away from the aggressive revenue approach and provide a genuine non-adversarial and conducive tax environment for industry and the economy to flourish.

Growth in Manufacturing Sector Still Patchy : FM

January 6, 2015 372 Views 0 comment Print

FM: Infrastructure Sectors Such as Coal, Power and Cement have been Recording Double Digit Growth in the Last Few Months While Growth in Manufacturing Sector is Still Patchy; Reviving Manufacturing is One of the Major Challenges of our Economic Management The Union Finance Minister Shri Arun Jaitley said that the Infrastructure Sectors such as coal, […]

FM Holds Pre Budget Consultation Meeting with Finance Ministers of States and Union Territories

December 27, 2014 432 Views 0 comment Print

FM: Immediate Challenges Before the Government is to Increase the Growth Rate as it Will Boost Both the Economic Activities and the Revenue Collections The Union Finance Minister Shri Arun Jaitley said that immediate challenges before the Government is to increase the growth rate as it will boost both the economic activities and the revenue […]

Indian Economy has Potential to Grow at a Higher Rate: FM

December 15, 2014 535 Views 0 comment Print

The Union Finance Minister Shri Arun Jaitley said that the world economy is passing through critical phase while Indian Economy has potential to grow at a higher rate. In this regard he specifically mentioned about unexploited potential of the manufacturing and infrastructure sectors in particular. The Finance Minister Shri Arun Jaitley was speaking to the […]

Govt. Set-up High Level Committee to Interact With Trade & Industry On Tax Law

December 3, 2014 838 Views 0 comment Print

PRESS NOTE Setting Up Of High Level Committee To Interact With Trade And Industry On Tax Law In his Budget Speech 2014-1 5, Finance Minister had announced the setting up of a High Level Committee to interact with trade and industry and ascertain areas where clarity on tax laws is required. Accordingly, a High Level […]

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