New income tax rules: Proceeds from life insurance policy to tax-free income — changes from 1st April that you must know
New income tax regulations for 2023: Beginning on April 1, 2023, a number of income tax regulations will change. These…
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Finance Ministry asks state-run banks to monitor top loan accounts
According to three banking sources on Monday, India has urged state-run lenders to implement greater monitoring of high-profile corporate loan…
Govt looks to tweak insurance plaint rules to cut case count
The government is pushing for a number of changes, including higher limitations for the ombudsman, because insurance is the main…
Paytm needs govt nod on FDI for aggregator licence
To obtain a payment aggregator licence from the RBI, Paytm Payments Services (PPSL) will require regulatory clearance for investments from…
No relief for startups from angel tax
In NEW DELHI: The angel tax, whose scope was intended to be expanded to include foreign investors in the Budget…
Withholding tax on royalty fees doubles to 20%
MUMBAI: The Lok Sabha cleared the Budget Bill on Friday, raising the withholding tax rate under the Income Tax (I-T)…
Govt to scrap long-term tax benefit for debt mutual funds investing less than 35% assets in equity
NEW DELHI: Debt mutual funds are likely to be stripped of the long-term tax benefit if they invest less than…
The truth about who really pays 90% of GST collected
The government has emphasised a different statistic in response to an Oxfam research that claims the poorest half of India’s…