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The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).
Corporate taxes (33.99%) Other taxes (2.83%) Excise taxes (20.84%) Customs duties (17.46%) Other taxes (8.68%) other taxes (11.96%) Income tax in India is governed by Entry 82 of the Union List of the Seventh Schedule to the Constitution of India, empowering the central government to tax non-agricultural income; agricultural income is defined ...
Tax deduction at source. Tax deduction at source (TDS) is an Indian withholding tax that is a means of collecting tax on income, dividends, or asset sales by requiring the payer (or legal intermediary) to deduct tax due before paying the balance to the payee (and the tax to the revenue authority). Under the Indian Income Tax Act of 1961, income ...
These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever. However, pyrrhotite takes years to destroy a foundation. Because of this, area insurers have ...
Donald Trump's lawyer told The Associated Press he was surprised at Trump’s stoic demeanor as he listened to the verdict that made him the first former U.S. president convicted of a crime. Todd ...
Simply rub onion soup mix all over the turkey, over and under the skin, and cook on high for an hour before turning the heat to low for seven hours. The recipe serves 12, and leftover turkey ...
Sahara India Pariwar investor fraud case. The Sahara -SEBI case is the case of the issuance of Optionally Fully Convertible Debentures issued by the two companies of Sahara India Pariwar to which Securities and Exchange Board of India had claimed its jurisdiction and objected on why Sahara has not taken permission from it.
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.