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Tag: Tax

Delhi man held on charge of forging Rs 392-cr input tax credit
Business / News Update

Foreign remittance above Rs 7L to attract 5% tax from Oct 1

September 10, 2020 - by IANS

New Delhi:  Tax collection at source (TCS) on foreign remittances will only be applicable on the amount in excess of Rs 7 lakh in a financial year and not on …

Foreign remittance above Rs 7L to attract 5% tax from Oct 1 Read More
Business / News Update

Faceless assessment of Customs to roll out countrywide from Oct 31

September 5, 2020 - by IANS

New Delhi:  The Central Board of Excise and Customs (CBIC) has decided to roll out the faceless assessment at an all India level in all ports of import and for …

Faceless assessment of Customs to roll out countrywide from Oct 31 Read More
Delhi man held on charge of forging Rs 392-cr input tax credit
Business / News Update

GST Council gives more time to taxpayers to revive cancelled registration

June 12, 2020 - by IANS

New Delhi:  As a step towards trade facilitation in this difficult times of Covid-19 pandemic, the GST Council on Friday decided to give more time to the taxpayers to file …

GST Council gives more time to taxpayers to revive cancelled registration Read More
Delhi man held on charge of forging Rs 392-cr input tax credit
Business / News Update

No more arbitrary revaluation of imported goods by Customs

June 8, 2020 - by IANS

New Delhi:  The Customs, Excises, Service Taxes Appellate Tribunal (CESTAT) has put a stop to the practise of arbitarary reassessment and enhancement of valuation of imported goods without thorough investigation …

No more arbitrary revaluation of imported goods by Customs Read More
National / News Update

Rahul Gandhi demands withdrawal of tax on petrol, diesel

May 6, 2020 - by IANS

New Delhi: Congress leader Rahul Gandhi has demanded withdrawal of taxes on petrol and diesel, a day after the Centre hiked taxes. Rahul Gandhi tweeted “the people are suffering economically due …

Rahul Gandhi demands withdrawal of tax on petrol, diesel Read More
TDS relief for those with rental or interest income, not for salaried or NRI taxpayers
Business / Special

MFs to deduct TDS at 10% only on dividend income: CBDT

February 5, 2020 - by IANS

New Delhi: The new Budget proposal of taxing income distributed by asset managers to unit holders if such transfers are more than Rs 5,000 in a financial year may not make …

MFs to deduct TDS at 10% only on dividend income: CBDT Read More
Business / Special

NRIs not taxed in any country will pay tax in India

February 2, 2020 - by IANS

New Delhi, There is a killer provision pertaining to non-resident Indians in the Union Budget for 2020-21 which states that an NRI who is not taxed in a foreign country …

NRIs not taxed in any country will pay tax in India Read More
Business / News Update

Markets expect relaxation on long-term capital gains tax

January 26, 2020 - by IANS

Mumbai, Similar to expectations ahead of the Union Budget, Dalal Street has its eyes on a possible relaxation in taxes such as long-term capital gains tax (LTCG) and Dividend distribution …

Markets expect relaxation on long-term capital gains tax Read More

Business News

  • Bisleri’s ‘Bottles for Change’ Drives Plastic Circularity at Puri Rath Yatra 2025

    Bisleri’s ‘Bottles for Change’ Drives Plastic Circularity at Puri Rath Yatra 2025

  • East Coast Railway Posts 9.69% Growth in Freight Loading in Q1 of FY 2025-26

    East Coast Railway Posts 9.69% Growth in Freight Loading in Q1 of FY 2025-26

  • Reliance Jio Crosses 5 lakh JioFiber and JioAirFiber Subscribers Milestone in Odisha

    Reliance Jio Crosses 5 lakh JioFiber and JioAirFiber Subscribers Milestone in Odisha

  • RailOne App launched : One-stop solution for all passenger services

    RailOne App launched : One-stop solution for all passenger services

  • Axis Max Life Ranked Amongst Best Workplaces for 11th Consecutive Year

    Axis Max Life Ranked Amongst Best Workplaces for 11th Consecutive Year

  • Shriram Life Insurance Ties Up with Muthoot Mercantile to Boost Distribution Network

    Shriram Life Insurance Ties Up with Muthoot Mercantile to Boost Distribution Network

  • Adani Meets Odisha CM: Discusses Industrial Growth & Coal Gasification

    Adani Meets Odisha CM: Discusses Industrial Growth & Coal Gasification

  • CSR India Award 2025: NTPC Bongaigaon Receives Dual Honours

    CSR India Award 2025: NTPC Bongaigaon Receives Dual Honours

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