Tag: Tax

Planning to buy expensive vehicle? Get ready to pay more

New Delhi: Those who buy expensive motor vehicles are now required to pay extra taxes. Central Board of Indirect Taxes…

Karnataka hikes tax on petrol, diesel by 2 per cent

Bengaluru: The Karnataka coalition government increased the state tax on petrol and diesel by 2 per cent with effect from…

Future road map could be to work towards single standard GST rate: Jaitley

New Delhi: A future road map could well be to work towards a single standard Goods and Services Tax (GST)…

Tax advocates approach Government to rectify mistakes in GST returns

New Delhi: Citing procedural difficulties due to absence of clarity, the All India Tax Advocates Forum (AITAF) on Thursday urged…

HC seeks Union ministries’ response on differently-abled person’s plea for tax refund

New Delhi: The Delhi High Court on Monday issued notices to Union Finance Ministry, Delhi government and Union Ministry of…

November GST Revenue collection reaches Rs. 97,637 crore

New Delhi: The total gross Goods and Services Tax (GST) revenue collected in the month of November reaches Rs. 97,637…

Two-day tax symposium on Nov 24 & 25

Hyderabad: The Telangana & AP Tax Bar Associations along with the Federation of Telangana & AP Chamber of Commerce &…

Direct tax collections till September at Rs 5.47 lakh cr

New Delhi: Increasing by 16.7 per cent over last year, the gross direct tax collections for the first half of…

Tax probe against Trump confirmed

New York: The New York State Tax Department has confirmed it is investigating claims by the New York Times that…

Top Chinese actress Bingbing fined for tax evasion

Beijing: Chinese actress Fan Bingbing, who starred in the X-Men and Iron Man film franchises, has been fined hundreds of…

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,…