Fri, Jul 02, 2021
Buyers will have to deduct tax at source at 0.1 per cent of the amount paid for goods for all purchases made during the year post-June 30, 2021 if the value of purchases or advance payments during the year between April and June exceeds Rs 50 lakh.
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Wed, Sep 19, 2018
The draft proposal provides PRB with sufficient powers to ensure public's ability to transmit money smoothly and securely through payment and settlement systems. "The Committee recommends that the government may place the proposed Bill before the Union Cabinet for its consideration," said the report.
Thu, Apr 06, 2017
It would depend on the government, Tharoor said, hoping that the NDA would not be using its "brute majority" to push legislations.
Wed, Apr 05, 2017
The government announced on Wednesday that citizens have to mandatorily quote Aadhaar numbers while applying for PAN numbers and filing for their IncomeTax returns starting from July 1 this year.
Tue, Apr 04, 2017
As per the Finance Act, 2017, the income arising by way of a transfer of long-term capital asset, being equity share in a company, will be exempt from tax if such transfer is undertaken after October 1, 2004 and chargeable to Securities Transaction Tax (STT).
Mon, Apr 03, 2017
Under the Section 10 (38), the income arising by way of a transfer of long term capital asset, being equity share in a company, shall be exempt from tax if such transfer is undertaken after 1st October, 2004.
Mon, May 30, 2016
TDS shall not be deducted in case of transfer of PF from one account to another PF account.
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