Search For "tax base"
Higher F&O taxes won't deter small investors; tax-based entry filter urged
Updated : 1 week, 6 days ago IST
NSE MD and CEO Ashish Chauhan proposed implementing minimum qualification criteria (such as capital or net worth thresholds) for F&O trading, drawing inspiration from markets like the US and Singapore to protect retail investors.
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"Centre's funds not free pool of cash...": Nirmala Sitharaman in Rajya Sab
Updated : 4 weeks, 1 day ago IST
Union Finance Minister Nirmala Sitharaman on Thursday defended the Union Budget 2026-27 in Rajya Sabha, emphasising that government funds are "hard-earned contributions of every Indian citizen", not a "free pool of cash."
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Pakistan: Pressure mounts for economic reset as businesses warn of deepeni
Updated : 1 month ago IST
According to The Express Tribune, participants in these discussions say the fundamental environment for doing business remains uncertain. They cite complicated procedures, frequent policy reversals and a chronically narrow tax base as enduring barriers that continue to sap confidence. While
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New Income Tax Act likely to broaden tax base on simpler compliance
Updated : 3 months, 2 weeks ago IST
The new Income Tax Act is expected to expand India's tax base by making compliance simpler and more accessible for individuals, institutions and exempt entities, Debjyoti Das, Principal Chief Commissioner of Income Tax (Exemption) told ANI today.
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GST not only increased tax payers base but also lowered tax evasion over p
Updated : 7 months, 1 week ago IST
After the implementation of GST in the country the tax payers base has increased and tax evasion reduced, according to a research report by Bank of Baroda.
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Monthly economic review of July affirms real GDP growth at 6.5-7.0 per cen
Updated : 1 year, 6 months ago IST
GST collections in the initial months of FY25 have seen a notable surge, driven by a broader tax base and heightened economic activity. This level shift in GST collections reflects sustained economic engagement, bolstered further by a double-digit increase in e-way bill generation, indicatin
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CBDT issues Central Action Plan 2024-25 to resolve high-priority tax deman
Updated : 1 year, 6 months ago IST
CAP 2024-25 calls for quick resolution of high-priority tax demand cases, identification of above Rs 2 lakh cash transactions at high-risk sectors like hotels and luxury retailers and widening of the tax base.
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IMA urges government to enhance health allocation in budget to minimum 2.5
Updated : 1 year, 8 months ago IST
The Indian Medical Association has demanded increased allocation of financial resources in the budget, advocating a tax-based system of health financing, the medical body said in a letter written to Finance Minister Nirmala Sitharaman on Saturday.
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Gross direct tax collections rise about 18 per cent this fiscal
Updated : 2 years, 4 months ago IST
Over the last few years, various efforts have been made to increase the tax base and improve compliance.
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Will use property tax data, electricity bill to increase GST tax base: CBI
Updated : 3 years ago IST
Chairman Johri said, "We feel that there is a good scope for increasing the tax base. We will take the help of power distribution companies, take the data of electric meters and will also use the property tax data to increase the tax base of GST."
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Mandatory payment of 1 pc of GST liability in cash rule will affect less t
Updated : 5 years, 2 months ago IST
New Delhi [India], December 26 (ANI): With apprehensions being raised in social and print media about the requirement of a mandatory cash payment of at least one per cent of the Goods and Services Tax (GST) liability, the Finance Ministry on Saturday clarified that it will affect less than h
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GST rates can be reduced further as tax base increases: Finance Secretary
Updated : 5 years, 7 months ago IST
New Delhi [India], July 23 (ANI): GST rates can be reduced further once the tax base increases and everyone pays taxes properly, Finance Secretary Ajay Bhushan Pandey said on Thursday.
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