Search For "tax rate"
Israel delays some new taxes on imported items due to war
Updated : 2 years, 5 months ago IST
Imported electric vehicles whose arrival at ports in Israel was delayed due to the security situation in the Red Sea will not be subjected to the tax increase on such items.
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UP Finance Minister Suresh Khanna becomes convenor of GoM of GST Council
Updated : 2 years, 6 months ago IST
Uttar Pradesh's Finance and Parliamentary Affairs Minister Suresh Khanna has been named the convenor for the Group of Ministers (GoM) constituted by the GST Council to revise the tax rates on goods and services
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GST council announces significant reduction in tax rates for millet flour
Updated : 2 years, 7 months ago IST
By reducing the GST rate on millet flour food preparations, the government aims to make these nutritious food items more accessible to the public.
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PM Modi lauds highest-ever GST collection in April 2023
Updated : 3 years ago IST
"Great news for the Indian economy! Rising tax collection despite lower tax rates shows the success of how GST has increased integration and compliance," tweeted PM Modi.
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Cryptocurrency is under discussion with G20 nations: Union Finance ministe
Updated : 3 years, 3 months ago IST
Responding to a question on the new income tax regime announced in the Union Budget 2023, the Minister said that the simple step of trying to leave some money in the middle-class' hands leads to a lot of inferences. "We had said earlier we will simplify and reduce income tax rates, that's wh
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Gold: Policies to shape a new look economy
Updated : 3 years, 4 months ago IST
New Delhi [India], January 3 (ANI/Mediawire): India shares a dichotomous relationship with gold. But the yellow metal could also turn into a catalyst for economic growth. Here's how. India's mad rush for gold has been ill-defined these years. Yes, we are the nation of the land of the golden
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Ratio of corporate tax collection to GDP exceeds 3% in FY22 after 2 years
Updated : 3 years, 4 months ago IST
The net corporate tax collection was Rs 7.12 lakh crore in 2021-22 while GDP was at Rs 236.64 lakh crore at current market price. The percentage of net corporate tax to GDP is 3.01 per cent. This ratio was the highest in 2018-19, according to data of corporate tax collection for a span of fi
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Amidst Rising GST Collections, Analytics Will Emerge as Critical Tool for
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], December 30 (ANI/NewsVoir): The Government of India collected Rs 1.52 trillion as goods and services tax (GST) in October, reporting a 16.6 per cent year-on-year increase, driven by festive spending, better compliance, and higher tax rates. This collection is ex
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Startup ecosystems around the world
Updated : 3 years, 7 months ago IST
New Delhi [India], October 14 (ANI/Mediawire): Today, the start-up ecosystem can be found in every major city around the world. This is because the internet allows start-ups from all over the world to connect and share resources.
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Liz Truss's conservative government takes U-turns on plan to scrap 45p tax
Updated : 3 years, 7 months ago IST
London [UK], October 3 (ANI): Days after UK Prime Minister Liz Truss insisted she would not abandon the tax cut for the wealthiest, the conservative government on Monday took a U-turn on the plan to scrap a 45 per cent tax cut.
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GST rate hike comes into effect; check which items will get costlier
Updated : 3 years, 10 months ago IST
New Delhi [India], July 18 (ANI): The recommendations on Goods and Services Tax rates that were made during the 47th GST Council meeting held in June come into effect today.
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Nepal Finance Minister Janardan Sharma resigns
Updated : 3 years, 10 months ago IST
Kathmandu [Nepal], July 6 (ANI): Finance Minister Janardan Sharma resigned on Wednesday amid widespread criticism following charges that he had employed two unauthorized persons to tweak tax rates.
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