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I-T department

Income Tax department to temporarily hire 50 young law, accountancy graduates. Details here

The initial period of engagement for such professionals will be for a year and this period can be extended for another year subject to a satisfactory performance appraisal

Published on 7th August 2023
What is it all about?

Education cess on Income Tax: Why do we pay it? How does it help students?

It has also helped to provide additional funding for educational initiatives, which has benefited millions of students

Published on 18th July 2023

PG doctors at Osmania Medical College finally receive their stipends. But are their problems solved?

The protesting doctors had claimed that they had not received any funds at all for a seven-month stretch. They blamed the college officials for this delay

Published on 15th September 2022

Aiming sky-high: IIT Madras professor starts his own air-taxi service company

Professor Satya Chakravarthy informed that his company — ePlane Company — would enable up to ten times faster passenger commutation and cargo transportation

Published on 19th July 2022

#WhatTheFAQ: What's going to attract GST, what will continue to be exempted? Decoding discussions of GST Council

Several changes are on the way as the GST Council meeting continues for the second day. With prices increasing for a lot of items, a major overhaul is coming up. Here's all you need to know

Published on 29th June 2022

#WhatTheFAQ: Why will cow and sheep burps invite taxes in New Zealand from now on?

Controlling climate change is tough for every country. Cows and sheep are known to contribute to global warming and climate change by burping. It is true! Here's something more about it

Published on 9th June 2022

What happened on April 6: Russia puts an end to the absurd beard tax, first animated film releases

Yes, there was something called the beard tax and no, Russia isn't the only one who imposed it. Also, here's a little about Humorous Phases of Funny Faces  


Published on 6th April 2022

What the FAQ: Petrol, diesel prices go up yet again. But why?

It is noteworthy that for 18 days in March and April last year, the prices of petrol and diesel remained unchanged as four states and a Union Territory went to polls

Published on 29th March 2022

What happened on February 8: Kapil Dev hit 432 test wickets and Taxi Driver hit screens

Kapil Paaji set a world record and a Scorsese classic was born. But which one? Also, Nasdaq took shape

Published on 8th February 2022

What The FAQ: How does the world tax cryptocurrencies and digital assets?

With Budget 2022 announcing the taxation of transactions in VDAs in India's highest tax band, the country seems to be headed for some serious crypto regulations

Published on 3rd February 2022

Major tax breaks for India's start-ups in Budget 2022. Here's what it means for them

These tax incentives for start-ups will be provided for three consecutive years out of ten years from the year of incorporation, said the Finance Minister

Published on 1st February 2022

Budget 2022: Virtual Digital Assets will now be taxed at the rate of 30%. How will it impact crypto, NFTs?

The Finance Minister tabled the budget at 11 am on February 1. President Ram Nath Kovind kicked off the Budget Session of the Parliament on January 31

Published on 1st February 2022

What The FAQ: When was the first Union Budget presented in India and by whom?

Today, and for many days to come, budget will be the buzzword. Union Budget, also called the Annual Financial Statement, will be presented in a bit and here's what you need to know about it

Published on 1st February 2022

Whopping 250 private schools in Guwahati pulled up for tax evasion to the tune of Rs 7 crore

The official said that many of the schools are still trying to evade their pending taxes by asserting that they are either religious or charitable institutions

Published on 14th December 2021

What the FAQ: How are petrol prices determined in India, and how significant is the recent tax cut?

Few things are more political than petrol in India right now. Prices of petrol and diesel have been on quite the ride this year, and here are all the factors fueling this carousel

Published on 8th November 2021

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