With the Budget to be presented in February next year, the Federation of Indian Chambers of Commerce and Industry (Ficci) and Confederation of Indian Industry (CII) on Thursday asked the finance ministry to simplify rates of tax deducted at source (TDS) to ease compliance burden on taxpayers and avoid litigation.
While submitting pre-Budget recommendations to Revenue Secretary Sanjay Malhotra, both industry bodies said the finance ministry should lay down a road map for rationalising TDS rates.
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Industry bodies urge FinMin to ease TDS rate structure
Proposal seeks to lessen compliance burden on taxpayers and avoid litigation
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Burning issue
Proactively made all disclosures, recusals: Sebi WTM on Cong's charges
Ananth Narayan, whole-time member (WTM), the Securities and Exchange Board of India (Sebi), has responded to allegations of conflict of interest due to personal investments.
Market regulator may water down skin-in-game rules for MF executives
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MSCI adds 5 Indian stocks to key index
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REIMAGINING ROLE OF AGRICULTURE
In the changed context of economic development, agriculture is seen playing a much larger role than perceived in the dominant thinking in development economics
Inside the world of mad billionaires
Two things about this book and its authors. One, this is the most unputdownable non-fiction that I have read this entire year.
Funding education
Easy financial assistance is not enough
Policy approach
RBI is acting selectively and with care
