The controversy over tax certificates issued to oil companies continues unabated. On March 17, the Minister of Parliamentary Affairs and Governance responded to the Oil and Gas Governance Network ...

The Finance Act, 2023 introduced Clause (h) under Section 43B of the Income Tax Act, which disallows deduction for payments due to Micro and Small Enterprises (MSEs) if not made within the prescribed ...

If the immovable property is partly financed by Bank/Lender, the TDS will be required to be deducted by the transferee on the ...

CESTAT Delhi held that regulation 10 (n) doesn’t mandate Customs Broker to verify correctness of certificate or registration issued by other concerned government officer. Thus, revocation of customs ...

Bill, 2025, abolishing the 10% withholding tax on betting winnings and the 1.5% withholding tax on unprocessed gold from ...

New proposals in the Spring Statement suggest the Government may give HMRC more power to collect data on how much people owe ...

There will be more tax-saving options in the new financial year, along with ease of tracking your investments and a new ...

To balance revenue collection with workforce retention, sector-specific tax reforms should be introduced, including inflation ...

Cities are supposed to store medication, tools and more for homeless residents. Records show that rarely happens.

The Lagos State Internal Revenue Service’s Director of Legal Services, Seyi Alade, speaks to ARINZE NWAFOR on how the agency ...

**Surviving Spouse as Default Beneficiary**: If you are married and do not name a beneficiary, your spouse automatically becomes the beneficiary of the HSA by default. In this case, the HSA continues ...

The Himachal Pradesh government has failed to submit utilization certificates for Rs 2,795.23 crore, according to a CAG ...