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The Cabinet Committee on Parliamentary Affairs recently finalized the dates for the monsoon session of Parliament. It will be held from July 18 to August 12, and will have a total of 20 sittings over 26 days. Of late, there has been an increasing expectation that the arithmetic this time is in favour of the GST bill – which seeks to create a uniform indirect tax system across the country – fue[..]

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Look beyond Section 80C: Have you missed out on any of these tax breaks? Most of us are aware of the concept of deductions from gross total income available to a taxpayer. One can claim deductions from one's gross total income by investing in avenues specified by the government. These deductions are available under different sections of the Income Tax Act, 1961. The most popular deduction is unde[..]

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