Centre releases extra tax devolution to states “This is in line with the commitment of Government of India to strengthen the hands of states to accelerate their… 3 years agoNovember 10, 2022
Tax Talk: Remember to pay tax on your income from side hustles You can claim expenses on the professional fee received for the work 3 years agoNovember 10, 2022
GST dept steps up anti-evasion drive Stepping up its anti-evasion drive, the goods and services tax (GST) wing of the Central Board of Indirect Taxes and… 3 years agoNovember 8, 2022
Indirect tax receipts to exceed budget estimate by Rs 50,000 crore The government is banking on extra tax revenues to fund additional subsidy expenditures to the tune of about Rs 2.8… 3 years agoNovember 4, 2022
Windfall tax cut on crude oil; levy on diesel, ATF export hiked in eighth fortnightly review The government on Tuesday cut windfall tax on the export of locally produced crude oil to Rs 9,500 per tonne… 3 years agoNovember 2, 2022
Budget spending in FY23 to exceed BE by Rs 2 trillion Extra spending on subsidies to be Rs 2.8 trn, but higher tax receipts and savings will help. 3 years agoOctober 30, 2022
Large educational trusts at risk of losing tax exemption The apex court has held that the money charged by these institutions should either be on a cost-to-cost basis or… 3 years agoOctober 28, 2022
Direct tax mop-up may beat budget estimate by 30% The Centre’s goods and services tax (C-GST) collections may exceed the target by Rs 1 trillion, while the customs duty… 3 years agoOctober 21, 2022
Public utilities to lose tax waiver if engaged in commerce: SC Rule doesn’t apply to specified statutory bodies 3 years agoOctober 20, 2022
Extending non-tax benefits to 3 years post reclassification will further encourage micro units to grow: Experts Ease of doing business for MSMEs: In a notification issued on Tuesday, the ministry said enterprises will continue to avail… 3 years ago
Now MSMEs can avail non-tax benefits for three years in case of reclassification Ease of doing business for MSMEs: Non-tax benefits include benefits of various schemes of the Government, including Public Procurement Policy,… 3 years ago
Windfall tax up on crude, diesel export It had also halved the levy on export of diesel to Rs 5 per litre and had scrapped the tax… 3 years agoOctober 15, 2022
Collections may moderate in H2: Gross tax revenues to overshoot FY23BE by Rs 3 trn Conservative BE & inflation behind extra receipts, rather than buoyancy 3 years agoOctober 13, 2022
Direct tax revenues buoyant, gross receipts up 24% on year Refunds amounting to Rs.1.53 trillion have been issued during the period from April 1 to October 8, 2022 which are… 3 years agoOctober 9, 2022
Gross direct tax revenue jumps 24 pc to Rs 8.98 lakh cr; net collections cross 52 pc of budget target Direct tax collection came at Rs 8.98 lakh crore between April 1 to October 8, 2022, 23.8 per cent higher… 3 years agoOctober 9, 2022
ESG and Tax: An organisation’s solution to long-term value creation Business leaders should consider ESG initiatives holistically to help fulfil their purpose, achieve their goals, and position themselves for future… 3 years agoOctober 9, 2022
Panel bats for zero withholding tax on sustainable debt products Given the importance of MSMEs in economic development, the committee also proposes setting up a dedicated MSME platform for sustainable… 3 years agoOctober 5, 2022
42% small businesses, startups finding it difficult to file tax return, audit report by Sep 30 deadline: Survey Ease of doing business for MSMEs: 16 per cent of respondents said “it will be a significant effort” filing by… 3 years ago
