Tax liability

Transfer of shares from parents to kids doesn’t trigger any tax liability

Transfer of shares from parents to kids doesn’t trigger any tax liability

1 min read . 01 Sep 2019

Income-tax law does not consider all inherited assets as ancestral property

Income-tax law does not consider all inherited assets as ancestral property

3 min read . 19 Jun 2019

Indian merchants do not want to go digital

Indian merchants do not want to go digital

1 min read . 25 Apr 2019

What you should do if you have missed the 31 March ITR deadline

What you should do if you have missed the 31 March ITR deadline

2 min read . 10 Apr 2019

Why you shouldn’t miss the ITR deadline for FY18

Why you shouldn’t miss the ITR deadline for FY18

3 min read . 26 Mar 2019

It is important to pay advance tax on time, as failure to comply can attract interest at the rate of 1% per month on the due amount, until it is paid (iStock)

Pay your pending advance tax by 15 March

1 min read . 13 Mar 2019

Look beyond 80C deductions to reduce your tax liability

Look beyond 80C deductions to reduce your tax liability

3 min read . 24 Jan 2019

Evaluate your advance tax liability and make sure you pay the advance tax instalment before the due date to avoid penal interest. Photo: Mint

3rd instalment of advance tax due on 15 December

3 min read . 13 Dec 2018

Only India-sourced income taxable for NRIs in India

2 min read . 02 Oct 2018

Fees paid for converting the land from leasehold to freehold will also be considered as cost of improvement as it enhances the land’s value. Photo: iStock

Fees paid to convert land from leasehold to freehold considered as cost of improvement

6 min read . 16 Jul 2018

The case pertains to tax liability on services provided by Sebi to entities such as stock exchanges, their members, brokers and investors for processing initial public offerings, debt issues, mutual funds and new fund offers. Photo: Mint

Sebi files appeal against ₹210 crore tax demand

2 min read . 27 Jun 2018

SoftBank still hasn’t decided how much of its 20-21% holding in Flipkart it will sell and when. Photo: Hemant Mishra/Mint

SoftBank weighs options to cut tax liability in Flipkart stake sale

2 min read . 09 May 2018

Assessing your tax on long term capital gains from equity investments

2 min read . 03 Apr 2018

The ‘legal representative’ has to file income tax returns that was payable by the deceased

4 min read . 26 Feb 2018

The government is also working on a scheme to enable small traders with annual sales of less than Rs20 lakh—the threshold for GST registration—to register for GST under a simpler voluntary compliance system. Photo: Mint

Nothing alarming about massive transitional GST credit claim, says finance ministry

2 min read . 20 Sep 2017

Experts said the proposed draft rule will increase the compliance burden for the industry. Photo: Mint

Companies may have to submit income estimates by 15 November

2 min read . 20 Sep 2017

According to people familiar with the negotiations, another point of friction that arose during the merger talks was the differential payout to some of the investors like Kalaari and Nexus Venture Partners. Photo: Priyanka Parashar/Mint

Flipkart Snapdeal merger talks fell apart on complexity of deal: report

2 min read . 11 Aug 2017

The latest estimates show that tax evasion by MNCs most likely hurts poorer countries more severely. Photo: Mint

The many shades of corporate tax evasion

5 min read . 28 Mar 2017

The Union budget 2017 aims to reduce the tax liability for those earning up to Rs5 lakh to either zero or by half. Photo: Pradeep Gaur/Mint

Union budget: Here’s a tax calculator to check out your income tax liability

1 min read . 01 Feb 2017

The rules are effective from 1 April 2016 and will, therefore, apply from assessment year 2017-18 onwards, the income tax department said in a statement. Photo: iStockphoto

Income-tax dept issues norms to determine residency status of companies

2 min read . 25 Jan 2017