An internal committee led by Chief Commissioner of Income Tax VK Gupta will ensure the suggested amendments comply with international standards, improve the system for the taxpayer and facilitate the government’s revenue mechanism Finance Minister Nirmala Sitharaman held a meeting on Tuesday to chart next year’s Union Budget. Talking to Moneycontrol, a government source said, “Eyes on income tax, customs …
The Tamil Nadu government will soon come up with an action plan for the development of tech cities in the State, a proposal that were announced earlier this year, said Minister for Information Technology and Digital Services, Tamil Nadu, Palanivel Thiaga Rajan. Inaugurating an event, Connect Coimbatore 2023, themed on ‘AI-led Business Transformation - Vision to Reality,’ organised by Confederation …
India’s GDP is likely to range between a decline of 0.9 percent and a growth of 1.5 percent in the current financial year, with the economy undergoing a “turbulent” phase caused by the coronavirus-induced lockdown, according to a report New Delhi: India’s GDP is likely to range between a decline of 0.9 percent and a growth of 1.5 percent in …
Confederation of Indian Industries on Thursday said it expects India’s economy to grow at a much slower pace, ranging from a contraction of 0.9% to a growth of 1.5%, in the current financial year, due to the COVID-19 outbreak and the subsequent nationwide lockdown. “Given the extent of the damage to the economy from the disruption to business, the GDP …
Industry chamber CII on Thursday urged the government to increase tax benefits for homebuyers to boost demand in the liquidity-hit real estate sector New Delhi: Industry chamber CII on Thursday urged the government to increase tax benefits for homebuyers to boost demand in the liquidity-hit real estate sector. The chamber said that in order to meet a minimum GDP growth …