Page 9 of Tax

GST, Tax, Banks, Central GST, Taxpayers, Economy

No full GST recovery from firms under insolvency: CBIC

Commissioner will intimate reduced tax demand to NCLT.

December 29, 2022 02:00 IST

tax collection, windfall tax, crude oil tax

Windfall gains taxes may fetch Rs 30,000 cr this fiscal

While the finance ministry had not given an official estimate of the revenue to be raised from the taxes, it…

December 26, 2022 05:45 IST

Income Tax relief for salaried employees: Section 80C to HRA rules change expected from Budget 2023

Salaried employees’ expectations from Budget 2023: Will there be a big bang change in Budget 2023 for salaried class? Here’s…

Updated: February 1, 2023 06:42 IST

tax collection, adavance tax collection, gst,

Advance taxes pick up pace in Q3, up 13% on year

The advance tax collections include corporation tax of Rs 3.97 trillion and personal income tax of Rs 1.23 trillion.

December 19, 2022 06:30 IST

income tax returns, ITR, ITR filing, income tax,

Your Money: Tax moves to make before end of 2022

December 31 is the last day to voluntarily file income tax returns for the previous years

December 19, 2022 00:45 IST

tax collection, gross tax collection, tax collection 2022-23,

Gross direct tax mop-up grows 26 pc to Rs 13.63 lakh cr; net collections near 80 pc of Budget target for FY23

Refunds worth about Rs 2.28 lakh crore have been issued till December 17, 2022, a growth of 68 per cent…

December 18, 2022 18:38 IST

Reliance Industries shares rise 1.5%, ONGC gains 2% intraday as govt cuts windfall tax on crude oil

Reliance Industries and ONGC share prices jump as the government cuts windfall tax.

Updated: December 16, 2022 10:40 IST

tax refunds, income tax deptt, taxpayers,

No withholding of tax refunds up to Rs 50,000 during scrutiny

The revised instructions have made it clear that the time limit for submission of response from Jurisdictional Assessing Officer (JAO)…

December 12, 2022 04:15 IST

Cross-border tax, cbdt, Cross-border tax faceless assessment scheme

Cross-border tax cases outside faceless assessment scheme: CBDT

Ever since the government the faceless assessment regime started, it excluded scrutiny cases falling under the International Tax and Central…

December 10, 2022 01:45 IST

tax, tax on agri income, agricultural income, tarun bajaj,

Former Revenue Secretary Tarun Bajaj pitches for tax on agri income

People have also filed about 500,000 updated returns, Bajaj, who superannuated last month, said.

December 9, 2022 01:15 IST

Tax Talk – TDS on perks: Further clarity needed despite CBDT circular

Several practical challenges in applying Section 194R remain

December 9, 2022 00:45 IST

Key tax remission scheme expanded but no extra outlay

Amid a slowdown in exports, the commerce ministry has acceded to a long-pending request from industry to widen the scope…

Updated: December 8, 2022 07:28 IST

FPIs expect tax clarity on REITs, InvITs

There is nothing to suggest that the amendment to the SCRA was made with the intention of denying the above…

December 5, 2022 06:30 IST

Tax buoyancy, tax collection, revenue secretary, tarun bajaj

‘Windfall gains tax will be reviewed if prices go down,’ says Revenue Secretary Tarun Bajaj

If windfall gains continue, the tax will continue. It will be reviewed if the gains go away or crude oil…

Updated: December 1, 2022 01:08 IST

LTCG tax, LTCG taxation, union budget 2023-24

Your Money: Rethinking holding period for LTCG tax

Prescribed holding period for long-term capital gains should be in tune with the nature of the asset class

November 28, 2022 00:45 IST

tax collection, tax collection 2022-23, taxation,

Desperately seeking Aristides

Urban local bodies need to boost property tax collections, and for that, they need efficient updating of property data. Only…

November 26, 2022 04:15 IST

surcharges, central tax, state tax, financial autonomy

Make cesses part of divisible tax pool, States tell Centre

Also demand higher Centre’s share in funding of schemes, access to NPS corpus

November 26, 2022 02:30 IST

tax sops, Budget FY24, union Budget FY24, union budget 2023-24

Budget FY24: Steps to further improve compliance seen; Few major tax sops likely

According to him, the Centre could consider administrative measures to boost tax collections next fiscal. However, any roll-back of exemptions…

November 25, 2022 06:30 IST

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Ola Electric enters Rs 1 lakh crore battery storage market with Ola Shakti

Business15 min ago

Ola Electric has launched its first residential BESS solution, Ola Shakti, marking its entry into India’s Rs 1 lakh crore market. The company aims to expand beyond two-wheelers and revolutionize energy consumption in Indian households, farms, and businesses. Ola Shakti uses advanced 4680 Bharat Cell and offers modular design, easy installation, and fast charging.

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