Search For "tax"
Reminder for International Businesses: Transfer Pricing Deadline in India
Updated : 1 year, 7 months ago IST
New Delhi [India], October 11: Businesses with operations in India or conducting transactions with related parties there should be aware of upcoming transfer pricing deadlines. The Income Tax Act, 1961, outlines regulations for these transactions, and all such activity must be reported by Oc
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Uttarakhand CM Dhami thanks PM Modi, FM Sitharaman for Rs 1992 crore insta
Updated : 1 year, 7 months ago IST
"Chief Minister Pushkar Singh Dhami has expressed his gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for releasing an instalment of Rs 1992 crore to Uttarakhand under the tax transfer process," read a statement released by the Chief Minister's Office.
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Ahead of festive season, Centre releases over Rs 1.78 lakh crore to states
Updated : 1 year, 7 months ago IST
The decision was taken in view of the upcoming festive season and to enable States to accelerate capital spending, and also finance their development/welfare-related expenditure, as per the statement.
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"Why use govt platform to attack opposition": Pawan Khera questions PM Mod
Updated : 1 year, 7 months ago IST
Taking to his social media handle, Congress leader Pawan Khera posted on X, "Why should the @PMOIndiause a government platform and a govt program to make a political speech and attack the opposition?Tax payers' money cannot and should not be used to indulge in a political speech? For that
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PIL filed in Delhi HC against ticket scalping ahead of Diljit Dosanjh's co
Updated : 1 year, 7 months ago IST
A public interest litigation (PIL) has been filed in the Delhi High Court against the illegal, manipulative, and exploitative practice of "ticket scalping" -- the reselling of event tickets at inflated prices for profit at the expense of the general public.
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"Only air is left to be taxed in Himachal": BJP leader Jairam Thakur
Updated : 1 year, 7 months ago IST
In a sharp attack on the government led by Chief Minister Sukhwinder Singh Sukhu, Leader of Opposition Jairam Thakur criticized the Congress government's tax policies in Himachal Pradesh and remarked that the state government seems to be taxing everything except air.
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CBDT forms committee to comprehensively review Income-tax Act
Updated : 1 year, 7 months ago IST
The Central Board of Direct Taxes (CBDT) has formed an internal committee to oversee a comprehensive review of the Income-tax Act, 1961 (Act), as was announced in the Union Budget 2024-25 by Finance Minister Nirmala Sitharaman.
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Fugitive business tycoon loses Taiwan citizenship
Updated : 1 year, 7 months ago IST
The government of Taiwan has revoked the Republic of China (ROC) citizenship of fugitive business tycoon Chen Yu-hao, who has been living in China for 22 years. This decision follows the discovery that Chen obtained household registration in China. Chen, who acquired Chinese citizenship in 2
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Profit of public sector banks expected to decline by 0.6 per cent QoQ : Mo
Updated : 1 year, 7 months ago IST
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expected to see a slight dip in profits compared to the previous quarter, according to a report by Motilal Oswal.
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Court refuses to give directions to FSL for comparison of Signature allege
Updated : 1 year, 7 months ago IST
A Special Income Tax Court at Tis Hazari Delhi has refused to give a direction to Forensic Science Laboratory (FSL) Rohini to furnish a comparison report of hand writing regarding a signature allegedly used by an accused to open a bank account in Singapore. The court said that the applica
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IDFC FIRST Bank Goes Live on GST Portal for Seamless Tax Payments
Updated : 1 year, 7 months ago IST
Mumbai (Maharashtra) [India], October 5: IDFC FIRST Bank is pleased to announce its integration with the Goods and Services Tax (GST) portal, enabling seamless GST payments. Customers will now benefit from an intuitive, hassle-free payment experience, with instant payment confirmations and e
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SC dismisses review pleas on allowing states to levy tax on minerals
Updated : 1 year, 7 months ago IST
The Supreme Court has dismissed petitions seeking to review the 9-judge bench judgement, which held that states have the power to levy tax on mines and minerals bearing lands under the Constitution and also ruled that royalty payable on extracted minerals is not a tax.
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