Sun, Jan 12, 2025
In a bid to reduce litigation, Finance Minister Nirmala Sitharaman in the upcoming Budget may announce an Amnesty Scheme for customs to foster ease of doing business.
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Wed, Jun 19, 2024
An increasing number of C-suite executives have a positive perception of GST with many highlighting further reforms like rationalising tax rates and effective dispute resolution process as focus areas to usher in GST 2.0, a Deloitte survey said on Wednesday.
Fri, Jun 14, 2024
Tax payers are running "My tax for the progress of the country, not for free" campaign on social media. watch this video
Mon, Aug 29, 2016
The central bank said, "The passage of the Goods and Services Tax (GST) Bill marks a new era co-operative fiscal federalism and a growing political consensus for economic reforms."
The Protocol for amendment of the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains between India and Mauritius
Wed, Aug 24, 2016
India, today took another major step in the fight against tax evasion, "round tripping" and "base erosion/profit shifting".
Sat, Aug 20, 2016
The highest amount of Rs 12.13 lakh crore IT returns coming from the Business Income group, followed by Salary Income which amounted to Rs 6.26 lakh crore.
Wed, Aug 17, 2016
Gautam Mehra, Leader – Tax and Regulatory, PwC India said, "One of the key takeaways from the Survey is that investor opinion about the Indian tax and regulatory environment is slowly moving in a favourable direction,"
Fri, Aug 12, 2016
In 2015, the Clintons made $1 million in charitable contributions, mostly to the Clinton Foundation; former President Bill Clinton brought in nearly $5.3 million in speaking fees.
Tue, Aug 09, 2016
During the month of July the total indirect tax collections had increased by 23.4% as it stood at Rs 68,341 crore in July 2016 from Rs 55,388 crore in the same month a year back.
Republican presidential nominee Donald Trump on Monday sought to regain momentum with an economic speech in which he floated new tax breaks and cuts to regulation, as protesters repeatedly interrup
Thu, Aug 04, 2016
The government will now have to get the bill passed in the Lok Sabha, which can be as soon as Monday.
Anup Puri said, “The direct impact of GST on real estate, in terms of tax outflow for developers and consumers, will depend on whether the final GST rate is more or less than the taxes paid currently.”
Wed, Aug 03, 2016
The Goods and Service Tax (GST) Consitutional Amendment was finally passed after 16 years as the Rajya Sabha voted in favour of it on Wednesday. The bill was unanimously passed by the members of the house.
Fri, Jul 29, 2016
The Government of India has extended the deadline for filing the income tax returns (ITRs) for people across India to August 5, 2016.
Wed, Jul 27, 2016
The cabinet also approved the decision to compensate States fully for 5 years for the losses due to the GST.
Tue, Jul 26, 2016
Most states' financial ministers agreed that there should not be constitutional cap on the Goods and Service Tax (GST).
Tue, Jul 19, 2016
In an attempt to bring in uniformity and level playing field across various airport operators, the Civil Aviation Ministry on Tuesday said that future tariffs at all airports will be calculated on
Tue, Jul 12, 2016
Apart from mobile applications bought from Google and Apple, other digital transactions may also be brought under equalisation levy' umbrella, the source added.
Fri, Jul 08, 2016
In an attempt to curb black money flowing into the country's economy, Prime Minister Narendra Modi-led government has launched an Income Tax Declaration Scheme, 2016.
Mon, May 09, 2016
The steps that will be taken include lowering of corporate tax to 25% for new manufacturing companies, extending tax benefits to housing sector and reducing technical service fees among others.
Sat, Mar 26, 2016
There's a new tax in town, and it goes by various names – the 'Google Tax' or 'Amazon Tax' or the 'Facebook Tax' – in the UK and Spain.
Wed, Mar 23, 2016
With the March 31 deadline looming to file income tax returns, many people look to make last-minute tax-saving investments in haste.
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