Income tax

FinMin summons the CEO of Infosys, Salil Parekh, tomorrow for persistent problems

The Ministry of Finance summoned the Managing Director and Managing Director of Infosys, Salil Parekh, over problems with the new electronic income tax filing portal. The website went live earlier this year, but has been marred by problems since launch. Parekh was called to appear before the Ministry of Finance on August 23, Monday, to […]

Income tax

YOUR REQUESTS: INCOME TAX: Seniors can claim a tax deduction on medical expenses up to Rs 50,000

Since the shares are considered “movable property”, it is not compulsory to sign a deed of gift. By Chirag Nangia I retired in November 2020 and took out a Mediclaim policy in February 2021. In the meantime, I incurred medical bills for preventive checkups, medical consultation fees, and dental treatment. Can I apply for a […]

Foreign investments

Implementation of Plant Protection Law to Boost Exports and Attract Foreign Investment

The Nigerian Economic Summit Group (NESG) says the implementation of the Plant Variety Protection (PVP) law will boost exports, attract foreign investment and provide more food to Nigerian citizens. Laoye Jaiyeola, CEO of NESG, said this at a conference hosted by the National Agricultural Seed Council (NASC) in Lagos on Thursday. The PVP 2021 law […]

Foreign investments

Bangladesh will continue to attract foreign investment, defying slowdown: United States

Bangladesh will remain the most resilient country and will continue to attract foreign direct investment (FDI) to live up to its image as a preferred location for global investors, despite the economic slowdown induced by Covid. This inference can be taken from a new report released by the US State Department. The US State Department […]

Foreign investments

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