The Union Government has approved an additional instalment of Rs 81,735 crore as Tax Devolution to the State Governments, which will be released on June 2, 2025, the Ministry of Finance said in a post on X on Friday late evening.
Puri mentioned that the government had reduced the cess on petrol and diesel in November 2021 and May 2022, leading to price reductions of Rs 13 and Rs 16 per liter, respectively. He attributed this to the combined efforts of the central and state governments in reducing taxes.
Mumbai (Maharashtra) [India], May 30: Network People Services Technologies (NPST), a leading digital payment and fintech infrastructure provider, delivered strong performance in fiscal year 2025, with profit after tax (PAT) rising to Rs45.20 crore and revenues reaching Rs180.62 crore. The co
A police case was registered against Joint Commissioner of Income Tax Yogendra Mishra after a physical fight broke out between two Indian Revenue Service (IRS) officers in Lucknow on Thursday.
IFFCO booked a profit of Rs 3,811 crores as profit before tax for the financial year 2024-25, along with a 47 per cent increase in the sales of Nano Fertilisers.
Ahmedabad (Gujarat) [India], May 29: MYCPE ONE Academy, an initiative by MYCPE ONE focused on making global professional education affordable and accessible, has launched a comprehensive CPA (US) Exam Prep Course at just Rs9,999. Designed for students and professionals aiming to pursue the C
Speaking to reporters at BBMP, Ashoka claimed that Congress imposes the highest garbage tax in the entire country and said, "While Kempegowda earned the title of Nadaprabhu for building the state, Congress leaders have earned the title of those who ruined it."
New Delhi [India], May 28: Appraisal letters often feel like a win--more money, new goals, a step forward. But what many don't realise is that with every jump in income, there's a shift happening quietly in the background. You may find yourself in a new tax bracket and that's not just a numb
Gurgaon (Haryana) [India], May 27: In a bold move to reflect its evolution and future vision, JJ Tax has officially rebranded as Uniqey -- marking not just five years of exponential growth, but also a strategic transformation into an all-in-one platform for business solutions.
Government restoring Remission of Duties and Taxes on exported products is welcomed by the Global Trade Research Initiative (GTRI) but suggested that government must ensure uninterrupted coverage of the scheme for at least five years.