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Latest Articles in tax
Gross Direct Tax Collections Up By 18% To Rs 12.37 lakh cr
Direct Tax collection, net of refunds, stands at Rs 10.60 lakh crore which is 21.82 per cent higher than the net collections for the corresponding period of last year
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IMF Seeks Explanation From Pakistan Govt For Not Imposing Tax On Big Shops
Pakistan’s Federal Board of Revenue (FBR) chairman confirmed that the IMF sought an explanation for not imposing a tax on big shops
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Odisha Again Requests GST Council To Withdraw Tax On Tendu Leaves, CM Writes To Sitharaman
The request from Odisha CM comes a fortnight ahead of the GST Council meeting, to be held on 11 July in the national capital.
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TeamLease's Profit After Tax Dips 5% In Third Quarter
The company says that its total revenue grew 14 per cent to Rs 2,018 crore, against Rs 1,767 crore in the year-ago period
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Taxation Incidence On India's Middle-income Levels High Among Leading Economies: PHDCCI
Saket Dalmia, President, PHDCCI says that in other leading economies, the middle-income class though pay high tax but the same is not subject to peak tax rates
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Donald Trump Paid No Income During Final Year Of His Presidency, Reported Losses In Office
Trump declined to make his tax returns public during his two presidential bids and campaign for office, even though all other major-party presidential contenders have done so for decades
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Maruti Chairman Says Indian Tax Format Needs Rationalisation To Enable Auto Sector Growth
Bhargava shared his thoughts at the company’s annual media meeting on Monday. Talking about India’s taxation system and policies, he said that the regulatory burden is the highest on small cars and a consistent tax configuration across all elements of vehicles will not signify reasonably for the sector's growth
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EU Approves Global Minimum fifteen per cent Tax On International Businesses
As per the media reports, the consent has come in after months of wrangling. The landmark agreement between about 140 countries is aimed at stopping governments dashing to slash taxes to attract the world's wealthiest corporations to their region
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How Debt Mutual Funds Score Over Fixed Deposits
Mutual Fund investors who had migrated from Fixed Deposits in the aftermath of the pandemic induced low interest rate regime are seriously considering reversing their tracks
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Formulate Action Plan To Recover Tax Arrears: Par Panel To Revenue Dept
The committee noted that the finance ministry has initiated various legislative and administrative measures, besides ''special efforts'' to realise and recover tax arrears
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India Expands Biofuel Tax Benefit For Ethanol And Vegoils
India, the world's third-biggest oil importer and consumer, has been particularly keen to rein in its oil import bill since the conflict in Ukraine spurred a surge in global crude prices
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Bullet Train Project: Tax Cannot Be Deducted From Compensation Given For Land Acquisition Says Bombay HC
“If the parties would not agree with the negotiations and direct purchase, then compulsory acquisition is resorted to,” the bench said
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No Decision Yet On Jet Fuel Tax Cut, Say Government Sources
Civil Aviation Minister Jyotiraditya Scindia has been making a case for lowering the high taxes on ATF even as most states have already moved to significantly reduce the value-added tax (VAT)
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Kangana Ranaut Claims She Is Late In Paying Tax Due To 'No Work'
The National Award-winning actor will also headline movies 'Tejas' and actioner 'Dhaakad', while 'Manikarnika Returns: The Legend Of Didda' and a film on former Prime Minister Indira Gandhi are in the pipeline.
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Garware Hi-Tech Films' Q4 Profit After Tax Jumps 51 % To Rs 31.80 Cr
The company's PAT stood at Rs 21.07 crore in the corresponding quarter of the previous financial year 2019-20
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