Page 13 of Tax News
Taxation regimes adopted by Australia, Singapore and Hong Kong reflect a broad consensus on integration of cryptocurrencies and blockchain-based businesses…
The ministry in the August 12 letter, reviewed by PTI, sought exemption for fields or blocks, which were bid out…
He added that the overall gross tax (before refund) growth was 30%-plus till September 17 and the refunds have grown…
This has been laid down under Section 115BAC(5) of the Income-Tax Act.
The firm also favours a floor price for natural gas at USD 10 per million British thermal unit — the…
A senior revenue department official, however, told FE that the data was ‘premature’ as it was still being tallied. The…
Diesel cracks have been in the range of $25-50/bbl since last month. ATF cracks were around $25-50/bbl, ICICI Direct said…
Daily volumes at key India-based platforms are down over 90% since a 1% tax on crypto transactions took effect in…
In case you sell your house property after two years from the date of purchase, you may reduce or eliminate…
At the 26th Session of the Conference of Parties to the UNFCCC in Glasgow in November 2021, Prime Minister Narendra…
India is the fastest growing economy despite global headwinds, and it is aiming to drive global growth as well, Finance…
With tax tribunals giving contrary decisions, the government needs to clarify whether it is deductible from taxable income
One option is to introduce a standard deduction of up to Rs 2 lakh in the new regime sans exemptions…
Search and survey/seizure operations by the I-T department yield about Rs 5,000-6,000 crore annually, sources said. However, these have a…
Despite higher refunds, direct tax collections stood at about Rs 4.8 trillion as on August 24 of the current fiscal.
“The government has taken numerous initiatives for reducing total quantum of taxes and levies on mining industry from 60-55% to…