Angel Tax: No assessment of startups registered with DPIIT

Angel Tax: No assessment of startups registered with DPIIT

The Central Board of Direct Taxes (CBDT) has clarified to the field formations that assessing officers will not pick up cases for scrutiny for startups registered with the Department for Promotion of Industry and Internal Trades (DPIIT) if the cases are related to the valuation of angel tax. This means startups registered by the DPIIT … Read more

Case against unknown persons for sending morphed pictures of Salumarada Thimmakka to her son

Case against unknown persons for sending morphed pictures of Salumarada Thimmakka to her son

A file photo of Salumarada Thimmakka with her son Umesh and Chief Minister Basavaraj Bommai in Bengaluru. | Photo Credit: File Photo The North Division cyber crime police are on the lookout for a person who sent morphed photos of centenarian and noted environmentalist and Nadoja awardee Salumarada Thimmakka. Based on a complaint by her foster … Read more

Maharashtra brings back some Covid curbs after Delta Plus cases found in state

Maharashtra brings back some Covid curbs after Delta Plus cases found in state

Faced with a sudden surge of covid cases in the last one week and also fears over the spread of the Delta Plus variant, the Maharashtra government on Friday decided to cancel the sops given to districts to allow establishments and businesses to run if they were under Level 1 and Level 2. Friday’s order … Read more