Tax
- India
Govt cuts windfall tax on petrol, diesel, ATF exports
New Delhi: The government has cut windfall gains tax on export of petrol, diesel and ATF for the fortnight beginning September 16. The rate of special additional excise duty (SAED) along with…
- Bangalore
Allow bikers on flyover or refund road tax, say angry commuters
Bengaluru: The sudden restriction on two-wheelers, autorickshaws and light goods vehicles on the elevated flyover connecting Bengaluru with Kempegowda International Airport has triggered widespread resentment among commuters, with regular bikers questioning the…
- Hyderabad
Chartered Accountant booked for Rs 465 crore fraud in Hyderabad
Hyderabad: A chartered accountant and his associates have been booked for foreign remittance fraud worth Rs 464.8 crore in Hyderabad through two shell companies in 2022-23. The Central Crime Station registered a…
- News
Parliament passes Mines and Minerals Amendment Bill
New Delhi: The Parliament on Thursday, August 13, passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, which seeks to restrict states’ powers to levy taxes on mineral rights and…
- India
Govt hikes petrol windfall tax, cuts duty on diesel, ATF exports
New Delhi: The government on Tuesday hiked the windfall gains tax on petrol exports, while lowering the levy on diesel and Aviation Turbine Fuel (ATF), for the fortnight beginning July 1. The…
- Bangalore
Bengaluru police bust fake vehicle registration racket
Bengaluru : A major vehicle registration fraud has been unearthed in Bengaluru after police discovered two Swaraj Mazda minibuses operating on city roads with the same registration number. The Electronics City police…
- World
US drops tax claims against Trump in expanded IRS settlement
Washington: The US government will permanently drop tax claims connected to President Donald Trump, according to a settlement document that is part of a deal to resolve Trump’s $10 billion lawsuit against…
- Business
Sukanya Samriddhi Yojana offers secure returns for girl child future
Government-backed investment schemes continue to hold the market, particularly when it comes to saving money for a girl child. The Government of India has designed several schemes aimed at securing the future…
- Hyderabad
Telangana: Committee formed to study local bodies levying entertainment tax
Hyderabad: To boost the revenues of local bodies, the Telangana government is examining the feasibility of levying an entertainment tax on certain commercial establishments, such as theaters and amusement parks, among others.…
- News
Key financial changes kicking in from April 1
Mumbai: A series of major financial and regulatory changes will come into effect across India from April 1, marking the start of the new financial year and bringing significant impact on taxpayers,…
- Bollywood
A film that earned big, but its own hero wanted a flop
Hyderabad: Every filmmaker hopes their movie becomes a blockbuster at the box office. Success usually brings fame, recognition, and wealth. However, one famous Bollywood actor once wished for the exact opposite. When…
- Telangana
Telangana imposes up to Rs 5,000 road safety cess on new bikes, cars
Hyderabad: The Telangana government will be imposing a one-time road safety cess on vehicles that will be registered in the state from March 1, with the Telangana Motor Vehicles Taxation (Amendment) Act,…
- India
India-EU FTA keeps carbon tax; technical talks to tackle concerns, says German official
New Delhi: The European Union’s Carbon Border Adjustment Mechanism (CBAM) will not see any exceptions despite the concluded India-EU Free Trade Agreement (FTA), but both sides have committed to technical discussions to…
- Technology
Budget: Tax holiday till 2047 for foreign cloud firms using data centers in India
New Delhi: Finance Minister Nirmala Sitharaman on Sunday, February 1, proposed tax holiday till 2047 for foreign companies that provide cloud services to customers worldwide by using data centres in the country.…
- Business
Market participants seek equity tax relief ahead of Budget
New Delhi: Market participants have urged the government to ease capital market taxation, including a higher exemption limit on long-term capital gains, ahead of the Union Budget for 2026-27. They also suggested…
