हिंदी में पढ़ें
Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
Deposits above Rs 2.5 lakh to face tax, 200% penalty on mismatch
Thu, Nov 10, 2016
Further dangling the stick, government on Wednesday warned that cash deposits above Rs 2.5 lakh threshold under the 50-day window could attract tax plus a 200% penalty in case of income mismatch.
Elimination of high-denomination notes is a good thing; here's why
Wed, Nov 09, 2016
Kotak Institutional Equities said, “We see the government’s move as a positive for the economy in the medium term. The latest step appears to be the final one in the government’s systematic approach to remove black money from the economy.”
There should be minimum tax on ayurvedic products: Acharya Balkrishna
Fri, Nov 04, 2016
After the GST Council fixed the tax rates on various products on Thursday, Patanjali Ayurved's chief executive officer Acharya Balkrishna told Zee Business that there should be minimum tax on ayurvedic products.
GSTN, DGFT agreement to strengthen processing of exporter tax transactions, boost robotics
Fri, Oct 28, 2016
State-owned IT service provider, Goods and Services Network (GSTN) signed a Memorandum of Understanding (MoU) with Director General of Foreign Trade (DGFT) for sharing of foreign exchange realisation and Import Export code data on Thursday.
Now get an SMS alert on your TDS deduction
Tue, Oct 25, 2016
The Ministry of Finance said, "This initiative will initially benefit approximately 2.5 crore salaried cases. The CBDT will soon extend this facility to another 4.4 crore non-salaried taxpayers. The frequency of SMS alerts will be increased, once the process for filing TDS returns is streamlined to receive such information on a real-time basis."
Did you know that gifts you receive are also taxed?
Mon, Oct 24, 2016
As far as gifts received from anyone who is not related to you are concerned, they will not be taxed until their aggregate value does not exceed Rs 50,000.
Tax department to submit info exchange request a month in advance
Tue, Oct 04, 2016
In efforts to effectively deal with the menace of black money stashed abroad, the revenue department has asked field officers to submit their request for information under tax treaties at least one month in advance for time barred cases.
Discussion | Failure of Income declaration scheme and CBDT's raiding small businessmen, Part-II
Fri, Sep 23, 2016
Failure of Income declaration scheme and CBDT's raiding small businessman. Watch complete news story for getting detailed updates!
India's fiscal deficit reaches 74% of full-year target in July
Wed, Aug 31, 2016
India`s fiscal deficit during April-July was 3.93 trillion rupees ($58.69 billion), or 73.7% of the budgeted target for the fiscal year ending in March 2017, government data showed on Wednesday.
Tax Regime: CBDT signs 20 unilateral agreements with Indian tax payers
Tue, Aug 30, 2016
The 20 APAs signed includes varipous sectors of the economy such as Information Technology, Banking & Finance, Insurance, Human Resources, Pharmaceutical, Solar Energy, Oil & Gas, Foods & Beverages, Telecommunications and NGO.
Service tax collection from Mumbai up 23% in 4 months
Sun, Aug 28, 2016
Service tax collection from Mumbai zone has surged by nearly 23 per cent during the first four months of the fiscal over the year-ago period and has also surpassed the set target. Tax officials are also hopeful of achieving the full year target given to it by the government.
RBI authorises select bank branches to collect advance tax
Sat, Aug 13, 2016
Reserve Bank has authorised various bank branches, including those of SBI, ICICI, HDFC Bank, PNB and Bank of Baroda, to collect income tax dues in advance for the September quarter.
Income Tax: E-filing grows by 9 percent this year
Mon, Aug 08, 2016
Avoiding long queues of filing income tax returns, the e-filing of income tax made it possible to garner more taxpayers online.
Union up in arms to protest removal of IT benefits for seafarers
Fri, Aug 05, 2016
The Income Tax department has recently started issuing notices to all Indian seafarers stating that they are now entitled to pay taxes to the Indian government.
GST Bill may be sent to Lok Sabha for approval on Monday
Fri, Aug 05, 2016
Once the amended Bill is approved by the Lok Sabha, it will be sent to the state assemblies.
GST in Rajya Sabha: Here's a list of amendments
Tue, Aug 02, 2016
If passed, the Government is hopeful of implementing the new tax code from April 1, 2017.
Will GST be a game changer for India?
Sat, Jul 30, 2016
GST, a broad-based tax, that seeks to convert all 29 states into a single market with a indirect taxation system, will need certain constitutional amendments to remove the state boundaries and the multiplicity of taxes to create a single national taxation system.
Cairn Energy seeks nearly $6 billion compensation from Indian govt
Tue, Jul 12, 2016
British explorer Cairn Energy has sought $5.6 billion in compensation from the Indian government for raising a retrospective tax demand of Rs 29,047 crore on 10-year old internal reorganisation of its India unit.
File your taxes even if you don't earn enough; here's why
Tue, Jul 12, 2016
Are you, like many others, thinking of not filing your taxes because you haven't earned enough to be in a tax bracket? Well, you should file your taxes anyway. We tell you why.
ICDS delayed by a year, finance ministry confirms
Thu, Jul 07, 2016
ICDS will be applicable on the income earned in this fiscal instead of the previous financial year.