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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

  • Voltas Expands Retail Footprint with a New Store in Rourkela

    Voltas Expands Retail Footprint with a New Store in Rourkela

  • PM to Visit Gujarat to Unveil ₹5,400 Cr Projects, Flag Off Suzuki’s First Global EV

    PM to Visit Gujarat to Unveil ₹5,400 Cr Projects, Flag Off Suzuki’s First Global EV

  • Pharmaceutical Manufacturing Boost: Akums, Zambia Govt Join Hands

    Pharmaceutical Manufacturing Boost: Akums, Zambia Govt Join Hands

  • BharatNetra: CM Launches to Position Odisha as Global FinTech Hub

    BharatNetra: CM Launches to Position Odisha as Global FinTech Hub

  • Swagatam Shri Ganesha, Big Festive Deals at TRENDS

    Swagatam Shri Ganesha, Big Festive Deals at TRENDS

  • Industrialist Swaraj Paul Dies, PM Modi Condoles

    Industrialist Swaraj Paul Dies, PM Modi Condoles

  • Misleading Advertisement: CCPA Slaps ₹10 Lakh Penalty on Rapido

    Misleading Advertisement: CCPA Slaps ₹10 Lakh Penalty on Rapido

  • Telecom Regulatory Authority Assesses Network Quality Across Kochi City

    Telecom Regulatory Authority Assesses Network Quality Across Kochi City

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