[ad_1] Indian income tax officials on Wednesday visited a factory of Chinese PC maker Lenovo in the union territory of Puducherry and one of its offices in […]
I-T dept notifies ‘Angel Tax’ rules for valuing investments in startups
[ad_1] The income tax department has notified rules for valuation of equity and compulsorily convertible preferable shares issued by startups to resident and non-resident investors. As […]
GQG Partners acquires shares of IDFC First Bank through block deal
[ad_1] IDFC First Bank on Monday said GQG Partners acquired its 50.7 million shares from Managing Director (MD) and Chief Operating Officer (CEO) V Vaidyanathan via a […]
100,000 tax notices to be disposed of by March: FM Nirmala Sitharaman
[ad_1] About 100,000 reassessment notices issued by the income-tax (I-T) department in the past years — where the income escaped from tax was above Rs 50 lakh […]
Net direct tax mop-up grows 16% to Rs 4.75 trillion: I-T department
[ad_1] Net direct tax kitty swelled 16 per cent to Rs 4.75 trillion so far this fiscal, a reflection of economic activity gaining traction. The Income […]