Implementation of e-Verification Scheme-2021: Reconciliation of Taxpayer Income Information
The Income Tax Department has rolled out the e-Verification Scheme-2021 to address discrepancies between third-party data on interest and dividend income and taxpayers' filed...
Income Tax: 5 High-value Cash Transactions May Attract I-T Notice
In the world of income tax, the belief that cashless transactions evade scrutiny has led to misconceptions. However, the Income Tax Department closely monitors...
‘Cheese’ Confusion: McDonald’s Forced to Revamp Labels in Maharashtra
McDonald's in Ahmednagar, Maharashtra, faced a controversial situation after the Food and Drug Administration (FDA) revoked their license for misleading customers.
The outlet used a...
From Stockholding to Fishing Rights: India’s Agenda at WTO
At the 13th Ministerial Conference (MC13) of the WTO, India is poised to address critical issues concerning agriculture and trade. Emphasising the urgency of...
India’s Poverty Rate Drops Below 5%: NITI Aayog CEO Reports Prosperity Surge
The latest household consumer expenditure survey indicates a significant milestone in India's fight against poverty. NITI Aayog CEO, B.V.R. Subrahmanyam, announced that the poverty...