Responding to the questions raised on the Finance Bill on Wednesday, Finance Minister Nirmala Sitharaman said that the government has brought in transformational changes in taxation to enable growth and employment in the country.
Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice issued to the Infosys with a tax demand of Rs 32,403 crore, the company informed the exchange in a filing on Friday,
The net direct tax collection of the government registered a significant growth of 19.54 per cent in financial year 2024-25, amounting to Rs 5,74,357 crore by July 11, highlighted the data by the income tax department.
New Delhi [India], July 3: The Indian Singers' and Musicians' Rights Association (ISAMRA),formerly Indian Singers Rights Association (ISRA) has been honored with a Certificate of Appreciation from the Central Board of Indirect Taxes & Customs, Ministry of Finance, Government of India. Th
Criticising the budget for the fiscal year 2024-25 rolled out by the Shehbaz Sharif-led coalition government, the former governor of Sindh, Muhammad Zubair has said that both direct and indirect taxes have affected the salaried class majorly, pointing to unequal tax imposition, reported ARY
As the Goods and Services Tax (GST) legislation completed seven years today, a 'GST Day' event was celebrated at the GST and Central Excise Commissionerate, Coimbatore on Monday, on the theme of Strong Business; Overall Development.'
ERAM is a significant step towards trade facilitation as the exchange rates of 22 currencies would now be published online in advance for ease of consumption by all importers and exporters, as per CBIC.
The Central Board of Indirect Taxes and Customs (CBIC) launched a multi-modal awareness campaign against frauds committed in the name of Indian Customs and urged the public to discern the modus operandi of fraudsters, protect their information, verify antecedents of the caller and report suc
The Central Board of Indirect Taxes and Customs (CBIC) has invited suggestions on the draft 'Central Excise Bill, 2024' from stakeholders. The last date for submitting the suggestions is June 26, 2024.
"In keeping with convention, I do not propose to make any changes relating to taxation and propose to retain the same tax rates for direct and indirect taxes including import duties."