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Highlights: Now capital gains tax will not have to be paid even after buying physical gold by selling e-gold. This step of the government is expected to increase investment in e-gold. Capital gains tax...
Highlights: Sending money out or investing in foreign markets will be expensive TCS proposed to be 20 percent Effect will be visible from July 1, 2023 New Delhi. Finance Minister Nirmala Sitharaman presented the...
Highlights: Some online gaming companies were keeping prize money less than the limit. Due to this, she was not coming under the purview of the provision of TDS. The mobile gaming industry will grow...
Highlights: The Center had kept a budget of Rs 1.05 lakh crore for fertilizer subsidy in FY23. The allocation was increased to Rs 2.25 lakh crore amidst the increase in the prices of fertilizers....
Highlights: In the 2020 budget, the NCCD on cigarettes was increased from 212 per cent to 388 per cent. After this increase, the rate of low-cost cigarette packets was increased by 7 percent. Shares...
Highlights: Tax exemption will no longer be available on insurance policies with a premium of more than Rs 5 lakh. Income tax exemption is to be limited on income from insurance policies with higher...