Civil Offence News

Politics

CSR relief likely for businesses as panel backs easier norms

Make CSR spend tax-deductible, scrap jail term for failing to transfer unspent sum: PanelAllowing CSR spending as a deduction while computing taxable income will come as a big relief to businesses, one of their long-standing demands

1 min read14 Aug 2019
Politics

Tax evasion through foreign assets to be a criminal offence

Concealment of income or tax evasion in relation to foreign asset is proposed to be made a predicate offence under anti-money laundering laws

1 min read2 Mar 2015

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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