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Big Tax Move: Foreign Investors Derivative Profits Under Scrutiny
Indian tax officials recently asked two foreign portfolio investors (FPIs) in Mauritius to pay taxes on profits from equity derivatives. ...
Tag: tax
Key ITR Filing Alert: Crackdown on Cash Transactions
As India moves towards a cashless economy, the Income Tax (IT) Department is tightening its grip on cash transactions. This ...
Securities transaction tax revenue surpasses ₹26,000 crore, touches 70% of budget estimate
With stock market indices reaching an all-time high, collection from Securities Transaction Tax (STT) has touched 70 per cent of ...
SEBI Struggles with Rs. 76,293 Crore in Unrecoverable Dues
India's capital markets regulator, SEBI, is facing a growing challenge as it labels a massive INR 76,293 crore in dues ...
India’s Middle Class: A Vanishing Act
India is on a mission to become a developed nation by 2047, the 100th anniversary of its independence. This journey ...
How Budget 2024’s Capital Gains Tax Changes Will Affect SIP Taxation
The Union Budget 2024 has increased the tax rates on Short-Term Capital Gains (STCG) and Long-Term Capital Gains (LTCG) for ...
ITR Filing 2024: Key Information for Taxpayers in India
The deadline for filing your income tax returns (ITR) is just a few weeks away, and it's crucial to file ...
53rd GST Council Meet
The 53rd GST Council meeting on June 22 is set to address several crucial issues aimed at streamlining the GST ...
Delhi High Court Clarifies Time Limits for Income Tax Assessments in Landmark Ruling
Navigating the intricacies of income tax rules often requires legal interventions, and a recent Delhi High Court order has provided ...
Income Tax Department Reveals INR 30,000-Crore Tax Evasion by Insurance Firms and Intermediaries
Several insurance companies and their intermediaries are facing increasing pressure over accusations of evading approximately INR 30,000 crore in income ...
