Search For "tax"
Details of borrowing options to meet GST compensation requirement for 2020
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 29 (ANI): The two borrowing options to meet the Goods and Services Tax (GST) compensation requirement for 2020-21 consequent to the discussions in the 41st meeting of the GST Council held on August 27 has been communicated to states which could, in turn, communicate th
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ICRA Q1 operating income falls by 17 pc to Rs 42 cr
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 28 (ANI): Leading credit rating agency ICRA has reported 17 per cent fall in its operating income for the quarter ended June 30 at Rs 42.5 crore as compared to Rs 51.4 crore in the corresponding quarter of the previous year.
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Supreme Court refuses to stay income tax proceedings against DK Shivakumar
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 27 (ANI): The Supreme Court on Thursday refused to stay income tax proceedings against Karnataka Congress chief D K Shivakumar in connection with a tax avoidance case.
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Centre gives two options to states on GST compensation
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 27 (ANI): The Centre on Thursday gave two options for compensating states on the Goods and Services Tax (GST) to bridge revenue shortfall as the economy faces a prospect of contraction in current fiscal year due to COVID-19 crisis.
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41st GST Council meeting underway
Updated : 5 years, 10 months ago IST
New Delhi [India], August 27 (ANI): The 41st Goods and Services Tax (GST) Council meeting is currently underway in the national capital on Thursday.
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Nirmala Sitharaman to chair 41st GST Council meeting today
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 27 (ANI): Finance Minister Nirmala Sitharaman will chair the 41st Goods and Services Tax (GST) Council meeting on Thursday.
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Maharashtra Cabinet decides to exempt tax for commercial vehicles from Apr
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): Maharashtra Cabinet has decided to exempt tax for commercial and goods vehicles in the state from April 1 to September 30.
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Centre hasn't paid GST compensation to states for 4 months: Bhupesh Baghel
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 26 (ANI): The situation is very "fearful" as the Goods and Services Tax (GST) compensation has not been paid to the states by the Centre for the past four months, said Chhattisgarh Chief Minister Bhupesh Baghel on Wednesday.
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Notification relating to interest on delayed GST payment issued prospectiv
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 26 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday clarified that its earlier notification relating to interest on delayed payment of GST has been issued prospectively due to certain technical limitations.
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CBDT issues refunds of over Rs 95,853 crore to more than 25.55 lakh taxpay
Updated : 5 years, 10 months ago IST
New Delhi [India], August 26 (ANI): The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 95,853 crore to more than 25.55 lakh taxpayers between April 1 to August 25, 2020, said the Income Tax (I-T) Department in a statement on Wednesday.
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Gillette India sales plunge 24 pc in Q4 FY20
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], Aug 26 (ANI): Gillette India on Wednesday reported 24 per cent fall in its sales during the quarter ended June at Rs 351 crore as business operations were disrupted across the country following a nationwide lockdown imposed to contain the spread of Covid-19.
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Refusal of GST compensation to States betrayal on part of Centre: Sonia Ga
Updated : 5 years, 10 months ago IST
New Delhi [India], Aug 26 (ANI): Congress interim President Sonia Gandhi on Wednesday hit out at the Centre and said that refusal to pay Goods and Services Tax (GST) compensation to States is nothing short of betrayal on the part of the Narendra Modi government.
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