Search For "tax"
Govt. extends use of old Rs 500, 1000 notes for utility bills till Monday
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov. 12 (ANI): The use of old 500 and 1,000 rupee notes for paying household utility bills, fuel, taxes and fees as well as purchase from co-operative stores has been extended till Monday.
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Forthcoming budget will have stipulations for simplified direct and indire
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 10 (ANI-NewsVoir): Minister of State for Finance, Arjun Ram Meghwal on Wednesday promised that the forthcoming budget would have stipulation and provisions that would lead to further simplification of tax administration and tax dispensation of both direct and indirect
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Jaitley assures nation, says deposits under 2.5 lakh won't be penaliz
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov. 10 (ANI): Union Finance Minister Arun Jaitley on Thursday assured that people depositing smaller amounts less than 2.5 lakh would not attract harassments from the Income Tax (IT) officials, adding that the banks across the country would open on weekends and extend the
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Ola Money helps millions of Indians go cashless; 1500 pct increase in wall
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 10 (ANI): Digital payment solution from taxi aggregator Ola has reported over 1500 percent increase in recharges across the 102 cities of its operation.
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Morepen Labs reports 118 pct jump in net profits for the Q2 of FY 2016-17
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 10 (ANI-BusinessWireIndia): Morepen Laboratories Ltd. has reported a 118 per cent rise in its net profit (profit after tax) for the Second quarter (Q2) of FY 2016-17. The net profit increased to Rs. 7.03 crore in Q2 of FY 2016-17 from Rs. 3.22 crore in the Q2 of the pr
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Deposits over Rs. 2.5 lakh to attract penalty on mismatch: Govt.
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov. 10 (ANI): The government has warned that the cash deposits above Rs. 2.5 lakh threshold under the 50-day window could attract tax plus a 200 percent penalty if the cash deposited in bank accounts doesn't match with income declared.
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Depositing old currency notes won't provide relief from taxation: Jai
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 9 (ANI): Finance Minister Arun Jaitley today said that deposits of the no longer functional Rs. 500 and Rs. 1,000 currency notes in bank accounts will not enjoy immunity from tax.
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CBDT notifies protocol amending 'Double Taxation Amending Convention&
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 8 (ANI): The Central Board of Direct taxation (CBDT) has announced signing of Double Taxation Avoidance Convention between India and Japan, which already exists on March 7th, 1989 and was notified on March 1st, 1990.
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Tax exemption limit under GST to be around Rs. 20 lakh
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 4 (ANI): Finance Minister Arun Jaitley today announced the tax exemption limit under the Goods and Services Tax (GST) will be around Rs. 20 lakh along with four additional drafts that will be prepared later on.
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Hopeful about GST being implemented by April: Meghwal
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov. 4(ANI): Minister of State for Finance and Corporate Affairs Arjun Ram Meghwal on Friday expressed hope for the Goods and Services Tax to be implemented by April 1st next year.
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Ola Outstation brings 'one-way' trip fares; connects with 500+ c
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 4 (ANI): Taxi aggregator Ola has announced the launch of 'One way' trip fares on Ola Outstation for smart mobility solution for inter-city travel.
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GST Panel fixes tax structure at 5, 12, 18 and 28 pct; 50 percent products
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 3 (ANI): The most anticipated Goods and Services Tax (GST) Council has finally zeroed on a four-rate tax structure of 5, 12, 18 and 28 percent, said Finance Minister Arun Jaitley at a press conference here on Thursday.
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