Search For "tax"
GST revenue collection touch new high at Rs 1.23 lakh crore
Updated : 5 years, 3 months ago IST
New Delhi [India], April 1 (ANI): The gross Goods and Services Tax (GST) revenue collected in March was at a record of Rs 1.23 lakh crore, touching the highest level since its introduction, the government said on Thursday.
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Court grants bail to businessman accused of availing wrongful ITC through
Updated : 5 years, 3 months ago IST
New Delhi [India], April 1 (ANI): A Delhi court has granted bail to a businessman, accused of wrongful availment and passing of Input Tax Credit (ITC) on purchase and sale of goods by allegedly issuing fake invoices without the actual delivery of goods.
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I-T dept conducts searches in Hyderabad, seizes 11.88 crore cash
Updated : 5 years, 3 months ago IST
New Delhi [India], March 31 (ANI): The Income Tax (IT) Department on Wednesday conducted searches on two real estate developers in Hyderabad and seized Rs 11.88 crore and gold jewelry worth Rs 1.93 crore, said the Finance Ministry.
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Taxi driver attempts self-immolation at Bengaluru airport, dies
Updated : 5 years, 3 months ago IST
Bengaluru (Karnataka) [India], March 31 (ANI): The Karnataka taxi driver, who attempted suicide by setting himself ablaze inside his cab at Kempegowda International Airport on Tuesday, has succumbed to his injuries.
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Kohli's suggestion not feasible, raises club versus country debate: BCCI o
Updated : 5 years, 3 months ago IST
New Delhi [India], March 31 (ANI): Ahead of the first ODI of the recently-concluded series against England, India skipper Virat Kohli had spoken about the need to keep players in the loop when it comes to scheduling games as life in the bio-bubble can get taxing both physically and mental
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Centre releases Rs 30,000 cr as GST compensation for FY 2020-21
Updated : 5 years, 3 months ago IST
New Delhi [India], March 30 (ANI): The Centre has released Goods and Services Tax (GST) compensation of Rs 30,000 crores to states as part compensation admissible for FY 2020-21 on March 27.
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US proposes retaliatory action against India's equalisation levy
Updated : 5 years, 3 months ago IST
Washington [US], March 27 (ANI): The United States has proposed retaliatory action against taxation including equalisation levy (EL) on digital services by India and other countries.
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CBI arrests four including CGST Superintendent, CAs in bribery case
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], March 27 (ANI): The Central Bureau of Investigation (CBI) has arrested the Central Goods and Services Tax (CGST) Superintendent, Mumbai South and three others -- including chartered accountants -- in a bribery case.
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IT dept raids KIIFB headquarters in Thiruvananthapuram, Thomas Isaac calls
Updated : 5 years, 3 months ago IST
Thiruvananthapuram (Kerala) [India], March 26 (ANI): The Income Tax Department carried out an inspection at the headquarters of the Kerala Infrastructure Investment Fund Board (KIIFB) here on Thursday that lasted for nearly 10 hours.
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HC directs Delhi govt to release outstanding amount to 3 MCDs
Updated : 5 years, 3 months ago IST
New Delhi [India], March 25 (ANI): The High Court on Wednesday directed Delhi Government to release the outstanding amounts due towards Basic Tax Assignment (BTA) to the three Municipal Corporations on the basis of their own revised estimates presented in the Budget for the year 2021-22.
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Finance Bill has amendments to improve ease of doing business: Sitharaman
Updated : 5 years, 3 months ago IST
New Delhi [India], March 24 (ANI): Finance Minister Nirmala Sitharaman on Wednesday said that the Finance Bill,2021 has some amendments aimed at achieving a reduction in compliance and improving ease of doing business.
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Interest on PF to be tax-free up for deposits up to Rs 5 lakh if no employ
Updated : 5 years, 3 months ago IST
New Delhi [India], March 23 (ANI): Finance Minister Nirmala Sitharman on Tuesday increased the deposit limit in the provident fund for which no tax will be charged to Rs 5 lakh per annum if there is no employer contribution.
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