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tax

Banking Finance Year 2024 June 2024 Mutual Fund News 

Shares given as gift may escape capital gains tax

June 28, 2024 admin 0 Comments capital gains, gift, Shares, tax

If shares are transferred as a gift, there may not be capital gains tax on them, provided a recent Bombay

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Industry News 

Rs 1 lakh limit per individual for withdrawal of old tax demands

March 19, 2024 admin 0 Comments individual, tax, tax demands, withdrawal

The government has begun getting rid of old outstanding small income tax demands after setting a ceiling of Rs 1

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Banking News 

CBDT unveils tax calculator to help choose between old, new regime

March 22, 2023March 23, 2023 admin 0 Comments CALCULATOR, CBDT, REGIME, tax, UNVEILS

CBDT unveils tax calculator to help choose between old, new regime After adding a sweetener to the new Income Tax

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Legal Corner 

Tax credit allowed on lease premium

October 27, 2022 admin 0 Comments allowed, credit, premium, tax

An Authority for Advance Ruling (AAR) judgement saying tax credit should be allowed on goods and services tax (GST) paid

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RBI NEWS 

Windfall tax on domestic crude cut

October 13, 2022 admin 0 Comments crude, DOMESTIC, tax, Windfall

The Centre slashed the windfall tax on domestic crude by 21% to Rs 10,500/tonne, in the fifth fortnightly review of

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Industry News 

Tax dept may make PAN must for crypto investors

September 26, 2022 admin 0 Comments CRYPTO, investors, PAN, tax

The income-tax department could make a permanent account number (PAN) mandatory for cryptocurrency investors. This would be in line with

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GST News 

GST Council removes tax exemptions on some items

August 22, 2022 admin 0 Comments Council, exemptions, gst, tax

Packaged curd, lassi, buttermilk, foodgrains, cereals, honey, papad and a host of unbranded food items besides hotel rooms with a

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Industry News 

Scrutiny of all tax cases where enforcement agencies give info

June 18, 2022 admin 0 Comments agencies, enforcement, Scrutiny, tax

The income tax department has issued guidelines for selection of I-T returns for complete scrutiny in the current fiscal and

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Industry News 

I-T dept has made highest tax mop-up in history: CBDT chief

May 19, 2022 admin 0 Comments CBDT, I-T dept, tax

The Income Tax department has made the “highest” collection in its history, CBDT Chairman J B Mohaptra said when the

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Legal Corner 

What are the tax implications if firms buy back their ESOPs?

April 19, 2022 admin 0 Comments ESOPs, firms, implications, tax

In the last two years, a lot of startups such as Razorpay, Udaan, Swiggy and Zerodha bought back the employee

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Banking Finance Journal

Recent Posts

  • How Corporate Governance and Risk Management Work Together
  • Introduction to Enterprise Risk Management (ERM) in the Public and Nonprofit Sectors
  • Emerging Risks in 2025: What Corporate Leaders Must Prepare For
  • Applying SWOT in Risk Planning – A Forward-Looking Framework for Uncertainty Management
  • Using PESTLE Analysis for Strategic Risk Assessment – A Boardroom Approach to Macro Risk

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The portal  bankingfinance.in has been sponsored by The Insurance Times Group.  The group ventured to publish the first monthly journal on Insurance in India in the year 1981 which is still is the most widely read Insurance Journal in India.  In the year 1988 we published Banking Finance an exclusive journal on Banking and Finance Segment.  Since then we have covered many milestones and our readership is growing from strength to strength.

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