Search For "additional tax"
Disappointing: BJP MP Basavraj Bommai criticises Karnataka state budget
Updated : 2 months, 1 week ago IST
Speaking to ANI, Bommai said that even after taking loans worth Rs 1.32 lakh crore and imposing an additional tax burden of Rs 25,000 crore, the budget still reflects a deficit of around Rs 32,000 crore.
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Centre releases additional tax devolution of Rs 1,01,603 crore to states i
Updated : 7 months, 3 weeks ago IST
In view of the upcoming festive season and to enable states to accelerate capital spending and finance their development and welfare-related expenditure, the Centre released an additional tax devolution of Rs 1,01,603 crore to state governments on Wednesday.
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Centre approves Rs 81,735 crore additional tax devolution for states
Updated : 11 months, 4 weeks ago IST
The Union Government has approved an additional instalment of Rs 81,735 crore as Tax Devolution to the State Governments, which will be released on June 2, 2025, the Ministry of Finance said in a post on X on Friday late evening.
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US tariffs have mixed fiscal impact, will not solve underlying challenges:
Updated : 1 year, 1 month ago IST
Tariff revenues will help narrow the US budget deficit in 2025, but the hit to economic growth and additional tax cuts are likely to limit the size of any lasting fiscal benefit, Fitch Ratings said in a report.
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90,000 taxpayers withdraw incorrect deductions worth Rs 1,070 crores
Updated : 1 year, 4 months ago IST
Approximately 90,000 taxpayers have voluntarily withdrawn incorrect deduction claims totaling around Rs 1,070 crores in their ITRs and have paid additional taxes, according to the sources.
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Karachi residents struggle amid rising electricity bills and load-shedding
Updated : 1 year, 9 months ago IST
Residents of Pakistan's Karachi city are grappling with severe financial strain due to excessive billing and the imposition of additional taxes by K-Electric, the city's primary electricity provider.
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Commuters frazzled as Pakistan's petrol pumps run dry
Updated : 1 year, 10 months ago IST
The petroleum dealers were protesting against the government's decision to impose a 0.5 per cent advance turnover tax which, they say, would result in an additional tax burden of Pakistani Rupees (PKR) 1 million per pump, a demand they vehemently rejected and refused to accept under any circ
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EU counters Beijing's EV trade expansion, imposes high tariffs on Chinese
Updated : 1 year, 10 months ago IST
The additional taxes will be imposed on China-made Battery Electric Vehicles (BEVs) starting July 5, Euro News reported on Thursday.
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Pak govt imposes additional tax on non-filers for mobile loads, bundles
Updated : 2 years ago IST
The Federal Board of Revenue (FBR) devised a plan against non-filers which is likely to be implemented from May 15. The government would impose a 2.5 per cent additional tax on non-filers as well as withholding SIM cards of those who refuse to comply.
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Tripura receives additional tax devolution of Rs 1006 crore
Updated : 2 years, 2 months ago IST
In a significant move, the central government released an additional tax devolution, amounting to Rs 1006 crore for the state of Tripura.
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Assam tables Rs 2.9 lakh crore budget for 2024-2025; no new tax imposed
Updated : 2 years, 3 months ago IST
The Assam government under Himanta Biswa Sarma on Monday tabled a Rs 2.9 lakh crore Budget for the upcoming 2024-2025 financial year. Also, the state government did not impose any burden of additional tax on the people of Assam.
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Budget 2024: No change in taxation proposed
Updated : 2 years, 3 months ago IST
As expected and in relief for the citizens, the central government neither tweaked nor put any additional tax burden on citizens, in the interim Budget for 2024-25 tabled by Union Finance Minister Nirmala Sitharaman.
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