Vide Finance (No. 2) Act, 2024, the concept of block assessment was introduced by amending provisions of Chapter XIV-B (sections 158B to 158BI of the Act) to be made applicable where a search under ...

Finance Bill 2025 introduces several changes to the block assessment provisions under Chapter XIV-B of the Income-tax Act, 1961, which govern search and requisition cases. The block period is defined ...

Budget 2025 extends the time limit for filing updated ITRs from 24 months to 48 months, but taxpayers filing late may have to ...

Labour is watering down border laws designed to block illegal migrants from obtaining citizenship and to force them to submit ...

The Labour Government has been accused of a "total capitulation" on illegal migration as its reported that they plan to soften border laws. According to the Telegraph, The Home Office plans to repeal ...

The Ghana Statistical Service (GSS), in collaboration with the Ministry of Food and Agriculture (MoFA), has concluded a ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

Good training should be able to address common misconceptions, such as ‘it's just banter’ or ‘they should be able to take a ...

The U.S. military has conducted coordinated airstrikes against Islamic State operatives in Somalia, the first attacks in the ...

The government will introduce new Income Tax bill next week in Parliament to take forward "trust first, scrutinise later" concept. The bill is expected to simplify the current Income Tax (I-T) law and ...

KCB had also faulted the commissioner, legal services and board co-ordination for rejecting its objection after charging VAT ...