Adjustments to processing income tax returns should be based on enquiry into the mismatch, rather than assuming that there is untaxed incomekaveri 4 mins
4 min read29 Nov 2017CBDT says the number of individuals filing income tax returns has jumped to 2.79 crore this year, matching with the 56 lakh new taxpayer addition stated by Narendra Modi
2 min read18 Aug 2017The CBDT clarification on the adoption of Ind-AS is likely to make the tax calculation of companies that follow a January to December financial year more cumbersome
2 min read26 Jul 2017Market regulator Sebi has sought clarification from Aditya Birla Group firm Idea Cellular regarding its proposed merger with Vodafone Plc's Indian unit
1 min read18 May 2017The department of personnel and training has issued a directive that flexi-fare in Rajdhani and Shatabdi trains will be admissible under the LTC allowance
1 min read18 Apr 2017Stock exchanges have asked the banks to provide clarification on the news items regarding debit card data breach
1 min read8 Nov 2016The four firms are IndiGo,Coffee Day Enterprises, RBL Bank and Matrix Cellular
2 min read28 Jul 2015ARCs will henceforth require its prior approval only if there is a transfer of 10% of more stake by such firms
1 min read24 Feb 2015Without disclosing the details of clarifications, Sebi said response is awaited from lead manager of the proposed IPO
1 min read13 Jan 2015CIL tells govt list includes two blocks already allocated to it and mining work was on in another mine post-deallocation
1 min read29 Dec 2014The 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