Search For "tax"
Grant-in-aid, tax devolution from Centre to States will moderate at 4.5 pc
Updated : 1 year, 6 months ago IST
State governments across India are expected to face tighter finances in FY25, as grants-in-aid from the Centre are projected to decline by 6.3 per cent, highlighted a report by NSE.
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Karnataka announces cess on transactions conducted through aggregator plat
Updated : 1 year, 6 months ago IST
The government of Karnataka has announced to impose new cess on transactions conducted through aggregator platforms such as Zomato, Swiggy, Ola, Uber and others to provide social security to gig workers.
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Industry Leaders Call for Global Collaboration for 6G with India Taking a
Updated : 1 year, 7 months ago IST
New Delhi [India], October 18: The 8th Edition of Indian Mobile Congress (IMC) 2024, the largest telecom, media and technology forum in Asia, jointly organized by the Department of Telecommunications (DoT) and the Cellular Operators Association of India (COAI), showcased futuristic technolog
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Govt reduces charges for TDS default from multiple rates of 2,3 and 5 pc t
Updated : 1 year, 7 months ago IST
The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax Act, 1961, aim to make the process easier and more accessible for taxpayers, according to a statement by Ministry of Finance.
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Sharjah Islamic Bank's profit before tax increased by 29 pc for nine-month
Updated : 1 year, 7 months ago IST
Sharjah Islamic Bank (SIB) announced an increase in its profit before tax by 29 per cent, amounting to AED 992.1 million for the first nine months of 2024, compared to AED 767.3 million for the same period of the previous year, whereas, net profit after tax amounted AED 902.5 million or the
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CBDT issues Revised Guidelines for compounding offences under IT Act
Updated : 1 year, 7 months ago IST
In conformity with the Finance Minister's budget announcement on simplification and rationalization of compounding procedure, The Central Board of Direct Taxes (CBTD) issued Revised Guidelines for Compounding of offences under the Income-tax Act, 1961 on Thursday.
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Roll of 200 shell entities on ED radar in Gujarat GST fraud case
Updated : 1 year, 7 months ago IST
The Enforcement Directorate (ED) has broadens its ambit of investigation against an organized web of 200 fake and shell entities being operated by the accused persons in order to fraudulently receive and pass on fraudulent input tax credit to the tune of crores of rupees to ineligible firms
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ED raids 23 places in six cities of Gujarat in GST fraud matter
Updated : 1 year, 7 months ago IST
The Enforcement Directorate (ED) is conducting raids at 23 locations in six cities of Gujarat in an alleged Goods and Services Tax (GST) fraud matter.
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"South India not getting their share, will raise issue in Parliament": Con
Updated : 1 year, 7 months ago IST
The Union Government has recently released tax devolution to the state governments in which Karnataka got Rs 6,498 crore, which the Karnataka Congress leaders have argued is low compared to other states.
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Nifty to deliver revenue growth of 4.5 pc in Q2 FY25, profit after tax to
Updated : 1 year, 7 months ago IST
As the earnings season begins and companies start reporting their financial results, the Nifty 50 index is projected to deliver a revenue growth of 4.5 per cent for the second quarter of the fiscal year 2025 (FY25), according to a report by Axis Securities.
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Buzzway: Your Trusted Choice for Taxi Hire Across India
Updated : 1 year, 7 months ago IST
New Delhi [India], October 12: Buzzway, the leading cab service provider in the region, announced a range of transportation services. The local taxi service, one-way and round-trips, luxury cabs, corporate transport for groups, wedding transport for wedding parties, and airport transfer serv
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India's net direct tax collections up by 18.35 pc to almost Rs 11.26 lakh
Updated : 1 year, 7 months ago IST
India's net direct tax collection for the financial year 2024-25 has seen a significant surge, with an increase of 18.35 per cent to almost Rs 11.26 lakh crore year on year, as of 10 October, the data from the Central Board of Direct Taxes (CBDT) shows.
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