New Delhi [India], February 1 (ANI): As the Union Budget 2022 was announced by Finance Minister Nirmala Sitharaman on Tuesday, it was proposed that the transfer of cryptocurrency or any virtual asset will now be taxed at 30 per cent.
New Delhi [India], February 1 (ANI): Lauding the Union Budget 2022-23 presented in the Parliament on Tuesday, Indigo Chief Executive Officer Ronojoy Dutta welcomed the new incentives of the government regarding issuing of E-passport and the introduction of digital currency by the Reserve
New Delhi [India], February 1 (ANI): In a significant move to bring cryptocurrency transactions under the tax net, Union Finance Minister Nirmala Sitharaman on Tuesday announced that income from the transfer of any virtual digital asset shall be taxed at a rate of 30 per cent.
New Delhi [India], February 1 (ANI): Expressing disappointment over Union Budget 2022-23 presented in the Parliament on Tuesday, Congress leader and Rajya Sabha MP Anand Sharma said that it did not meet the expectations of bringing relief to taxpayers and small industries.
New Delhi [India], February 1 (ANI): India going to be the first country to implement a digital rupee and a high tax on digital currency to be beneficial for middle-class investors as it sees frequent fluctuations, says Amitabh Kant, CEO of Niti Ayog on Tuesday.
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday said that the state government employees' tax deduction limit has been increased from 10 per cent to 14 per cent.
Gurugram (Haryana) [India], February 1 (ANI): Gurugram Police has rewarded a taxi driver with Rs 25,000 for alerting and helping them arrest a gang allegedly involved in child trafficking early this January.
New Delhi [India], February 1 (ANI): The taxpayers can now file updated returns within two years, announced Union Finance Minister Nirmala Sitharaman on Tuesday.
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman announced on Tuesday that income from digital asset transfers will be taxed at a rate of 30 per cent. This move is seen as 'crypto tax'.
Abu Dhabi [UAE], February 1 (ANI): Businesses in the United Arab Emirates will now be subject to a new 9 per cent corporation tax from the beginning of their first financial year that starts on or after June 2023, reported Arab News.
New Delhi [India], January 31 (ANI): The Centre collected Rs 1,38,394 crore as gross GST (Goods and Services Tax) revenue in the month of January 2022, said the Ministry of Finance on Monday.
New Delhi [India], January 31 (ANI): The Centre has received Rs 17,61,692 crore (89.1 per cent of corresponding BE 2021-22 of total receipts) up to December 2021 comprising Rs 14,73,809 crore tax revenue (net to central government), Rs 2,59,414 crore of non-tax revenue and Rs 28,469 crore