Tag: Tax

Centre exempts tax for interest income on select off-shore rupee denominated bonds

New Delhi : The union government on Monday announced that interest payable by an Indian company or a business trust…

Dharmendra Pradhan suggests Odisha reduce tax on fuel

Bhubaneswar: Union Petroleum Minister Dharmendra Pradhan on Sunday suggested the Odisha government reduce taxes on fuel to provide relief to…

Mamata government reduces fuel tax by Re 1 per litre

Kolkata: Urging the Centre to reduce the cess on fuel prices, West Bengal Chief Minister Mamata Banerjee on Tuesday announced…

With 27,000 success stories, Matrimony.com sees spurt in revenue

Chennai: Matrimony.com has achieved a consolidated revenue of Rs. 89.6 crores for the quarter, a growth of 6.8 percent against…

IT Dept detects undisclosed income of Rs. 125 Cr under FATCA

New Delhi: The Income Tax Department (IT) has detected undisclosed income worth Rs. 125 Crore under the Foriegn Account Compliance…

VW ex-boss Winterkorn in tax evasion probe: report

Berlin: German prosecutors are investigating former Volkswagen boss Martin Winterkorn over suspicion that he may have evaded taxes, Bild am…

Withdrawal of tax appeals to affect fraction of disputed amount: Goyal

New Delhi: The government's decision to reduce litigation by withdrawing 41 per cent of direct tax dispute cases and 18…

IT Dept. expedites clearance of pending issue of refunds

New Delhi: The Income Tax Department on Wednesday notified that processing of more than 99 percent of refund under the…

GST revenue collection rises to Rs 95.6 cr in June

New Delhi: The Goods and Services Tax (GST) collections in June rose to Rs Rs 95,610 crore from of Rs…

Telangana registers highest growth rate in tax revenues

Hyderabad: Telangana stands first among all states in the country in terms of growth rate in state's own tax revenues,…

GST refund drive extended till June 16

New Delhi: The special fortnight-long drive to process pending Goods and Services Tax (GST) refunds has been extended by two…

Over Rs 7000 cr GST refunds of exporters cleared

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has cleared over Rs 7000 crore worth Goods and…

India’s tax on international air tickets against ICAO resolutions: IATA

New Delhi: Global airlines association IATA on Monday said that the Indian government's tax on international tickets is in contravention…

Northeast showing tax collection growth: Union Minister

Guwahati: The northeastern states have shown a steady growth in tax collection ranging from 15 to 16.5 per cent against…

Intra-state e-way bill to be rolled out in 6 states today

New Delhi: At least six states - Mizoram, Odisha, Punjab, Chhattisgarh, Goa and Jammu and Kashmir will roll out the…

Apple pays $1.77bn of total $15bn tax fine to Ireland

San Francisco: Apple has paid $1.77 billion of total $15 billion to the Irish government as it begins to collect…

GHMC Commissioner asks citizens to clear property tax dues at once

Greater Hyderabad Municipal Corporation (GHMC) Commissioner Dr B. Janardhan Reddy today appealed to all the tax payers in the entire…

Unnable to file your tax return? Take help of these portals

New Delhi [India]: Filing for taxes, as crucial as it is, involves a lot of number crunching. It is a…

Citizens ‘upset’ over GST, allege improper disbursal of benefits

New Delhi: As the implementation of the Goods and Services Tax (GST) crosses 250 days, consumers through a survey highlighted…

Trump threatens to impose tax on European cars

Washington: US President Donald Trump has threatened to impose a hefty import duty on European cars if the European Union…