Search For "tax"
Corporate tax may be cut if personal income tax grows: Adhia
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb 5 (ANI): Finance Secretary Hasmukh Adhia on Monday said that the Government will bring down its corporate income tax rate, once they witness a surge in the personal income tax collections.
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CBDT responds to queries regarding long-term capital gains taxation
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb.5 (ANI): Responding to frequent queries regarding taxation of long-term capital gains as proposed in the Finance Bill, 2018, the Central Board of Direct Taxes (CBDT) on Sunday gave answers in the form of Frequently Asked Questions or FAQs. This form is now available on
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CBI arrests GST commissioner, 8 others in bribery case
Updated : 8 years, 5 months ago IST
Kanpur (Uttar Pradesh) [India], Feb 3 (ANI): The Central Bureau of Investigation (CBI) arrested a Goods and Services Tax (GST) and Central Excise Commissioner in an alleged bribery case on Saturday.
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Telangana bamboo sellers struggling livelihood
Updated : 8 years, 5 months ago IST
Hyderabad (Telangana) [India], Feb 3 (ANI): Burdened with transport cost and Goods and services Tax (GST), bamboo sellers in Hyderabad are struggling to sustain their livelihood.
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Deposited Rs. 15lakh during demonetisation? You could be in trouble
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb 3 (ANI): The Income Tax (IT) department has issued nearly two lakh notices to persons who deposited unaccounted sum of Rs. 15 lakh or more in their accounts during the demonetisation period in November 2016.
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Kerala Finance Minister likens demonetisation drive to cyclone 'Ockhi'
Updated : 8 years, 5 months ago IST
Thiruvananthapuram (Kerala) [India], Feb 2 (ANI): Kerala Finance Minister Thomas Isaac on Friday compared the demonetisation drive by the Center with Cyclone 'Ockhi', which ravaged the Kerala coast, leading to the death of scores of people.
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It's a 'Nation-building budget': Baba Ramdev
Updated : 8 years, 5 months ago IST
Haridwar (Uttar Pradesh) [India], Feb. 1 (ANI): Yoga Guru Baba Ramdev on Thursday praised the budget presented by Finance Minister Arun Jaitley, however he said that it would have been better had people been provided relief in Income Tax up to a limit of Rs 5 lakh.
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Chidambaram critical of Budget '18, terms it 'worst'
Updated : 8 years, 5 months ago IST
New Delhi [India] Feb 01 (ANI): Congress leader and former finance minister P. Chidambaram on Thursday rebuffed the Union Budget 2018-2019, saying that it was the "worst budget".
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Budget '18: Tax Benefits for senior citizens
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Arun Jaitley on Thursday proposed several tax benefits for senior citizens of the country in the Union Budget proposals for 2018-19.
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Budget '18: Customs Duty increased on mobile phones
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb 1 (ANI): In their first Union Budget, after the roll-out of the Goods and Services Tax (GST), Finance Minister Arun Jaitley, made a calibrated departure from the underlying policy in the last two decades, wherein the trend largely was to reduce customs duty.
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Adhia backs decision to leave corporate tax untouched
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb 1 (ANI): Following the Centre's decision to levy 25 percent corporate tax for companies with Rs. 250 crore turnover, Finance Secretary Hasmukh Adhia on Thursday while backing this said the decision has been made keeping the welfare of the common man in mind.
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Congress dubs Budget '18 as 'eyewash'
Updated : 8 years, 5 months ago IST
New Deli [India], Feb 1 (ANI): The Congress Party on Tuesday said that the Union Budget 2018 is "misleading the people of the country".
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