Your income may rise, for tax purposes

Last updated: 16 May 2007

Your income, at least for taxation purposes, is likely to rise in the eyes of the government. The finance ministry is planning to bring in a few more income streams, including earnings currently exempt from tax under double taxation avoidance agreements (DTAAs) with various countries. Expatriates and locally placed employees of software companies may feel the pinch of a higher tax if the proposal goes through. These changes – in the definition and scope of income – will be reflected in the Di
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited News Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience.



Vivek Jain

News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Comments :

Recent News :

  1. Rajasthan HC to Hear Tax Audit Deadline Extension Plea on 25th September
  2. NPCI Clarifies GST on UPI MDR: Small Merchants and 96% Transactions to Remain Unaffected
  3. CBDT Notifies New TDS Reporting Requirements for Property Transactions in Form 141 from 1st October 2026
  4. UPI MDR on Transactions Above Rs 2000: FM Sitharaman Clarifies Who Will Pay
  5. RBI Issues New Basel III Market Risk Capital Directions for Commercial Banks
  6. Petrol Dealers May Limit UPI Payments Above Rs 2000 From 16th October
  7. Tax Audit Deadline 2026: Professional Bodies Seek Extension to 31st October
  8. GSTN Announces emSigner 3.3 for New DSC USB Tokens Issued From 21st September 2026
  9. UPI 0.4% MDR Above Rs 2000: Grocery Shop Sign Sparks Fresh Debate
  10. India's STT Collections Rise 52.9% to Rs 40,214 Crore by 17th Sept 2026

More »


Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Akhila AjayanAkhila AjayanPro Member damodara rao tedladamodara rao tedlaPro Member kopparapu bheemaraokopparapu bheemaraoPro Member vairavvairavPro Member P.S.Satya narayanaP.S.Satya narayana
Subscribe to Pro
Join an elite circle of professionals


Browse by Category



Latest Job Openings

View all
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details