Page 2 - Shrimi Choudhary

We have courage to change: FM Nirmala Sitharaman on LTCG amendment

The original LTCG regime proposed on July 23 Budget, removed the indexation benefit, sparking concerns over real estate transactions

Relief for homeowners: Govt allows flexibility in LTCG tax calculation

Effectively gives grandfathering provision for property transactions before July 23

Relief for homeowners likely as finance ministry may modify LTCG regime

FinMin reviews new LTCG regime after 12.5% tax without indexation sparks concerns over property transactions

Rashtriya Ispat Nigam stake sale plan likely to pick up pace this year

The Centre holds 100% in Visakhapatnam steel plant. RINL is the parent company of Eastern Investments Ltd (EIL), owning 51% in it

DGGI gives partial relief to Infosys, closes Rs 3,898 cr FY18 GST tax case

Earlier this week, the IT services company received a Rs 32,403 crore GST notice from authorities

New income-tax regime: Small savings schemes likely to take a hit

Especially, PPF may see a sharp decline in inflows

Record 72.8 million ITRs filed till Jul 31 deadline, says I-T department

Over 72% chose new tax regime for assessment year 2024-25

The tax issue: Karnataka withdraws Infosys notice, Centre may go for review

DGGI to examine if June 26 circular can apply in this case

Income Tax dept begins scrutiny in reassessment cases for AY-2018-19

The scrutiny might result in a raft of tax notices

On the table: Fitment panel working on 2 sets of 3-slab GST structure

The panel is working on two options to keep prices of essential goods in check

Tax certificate not mandatory for all travelling abroad: Finance Ministry

Applicable to those involved in serious financial irregularities, tax dues over Rs 10 lakh

Open and shut case: New income-tax rules offer one-step resolution

Flat 60% tax on undisclosed income to reduce litigation, says CBDT chief

Financial bids for IDBI Bank by FY25-end: DIPAM Secy Tuhin Kanta Pandey

He said that the government is more for a calibrated strategy rather than setting a big-bang target

People are opting, and seeing value in new tax regime: CBDT Chairman

In a conversation, the chief of the direct tax apex body said that extension of the 15 per cent concessional rate depend on how the companies utilising the benefit

Job schemes not a mandate, but a nudge to firms, says FM Sitharaman

The finance minister said the private sector shouldn't feel the pressure as it is not mandatory

'Vision-setting Budget for Viksit Bharat 2047,' says FM Sitharaman

Finance Minister spoke on issues ranging from the private sector's role in job creation to coalition needs in making Budgets, at her North Block office

Rollover benefits to continue on capital gains up to Rs 10 cr: Revenue secy

Revenue Secretary Sanjay Malhotra has clarified that rollover benefits will continue on capital gains of up to Rs 10 crore under the new structure

Top firms' profit drop led to cut in corporation tax forecast: Revenue secy

In conversation with Shrimi Choudhary, the senior bureaucrat discusses several tax-related announcements in the Union Budget

Govt cannot go alone in skilling, pvt sector crucial: Finance Secretary

Finance secretary discusses the Union Budget's emphasis on employment, skills, and state-level reforms

Union Budget 2024: FM's tax measures seek to widen net, cut litigation

The proposed amendments to the angel tax regime will be made effective from April 1, 2025, and will be applicable from assessment year 2025-26