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Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday indicated FY23 growth may have exceeded the official estimate of 7% on the back of strong growth momentum in the March quarter.
India exempted investments by non-resident entities such as sovereign wealth funds and pension funds from 21 countries from the so-called ‘angel tax’, leaving out Mauritius, Singapore, and UAE among others that account for significant equity inflow into the country.
The Department of Telecommunications (DoT) has decided against giving spectrum directly to enterprises for captive private networks, snubbing companies such as Infosys, Larsen & Toubro, Tata Power and GMR, which have been calling for allocation of airwaves without auctions.
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1TDS on online games winnings: How companies will deduct tax as per CBDT guidelines
2Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employees
3If you don’t reply to income tax dept’s queries, ITR likely to be picked for full scrutiny: CBDT
4Debt mutual funds still have tax benefits over bank FDs despite no LTCG indexation benefit
5PAN is mandatory to deposit Rs 2000 notes above this amount in bank account
1Who has to file ITR
2Collect Documents/Information
3Check ITR form
4Login to file ITR
5Fill the Form
6Claim Deductions
7Pre-validate Bank Account
8ITR Verification
9Track Intimation Notice
10Track Refund
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