The Central Board of Direct Taxes (CBDT) "nudging campaign" has yielded significant results with 30,161 taxpayers declaring foreign assets worth over Rs 29,000 crore, government sources told ANI.
The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger strong consumption growth among middle-class consumers, an ICICI Securities report anticipated.
In today's meeting, the Committee has summoned the Institute of Chartered Accountants of India (ICAI) and Ernst & Young (E&Y). The committee will soon record the oral evidence of representatives of ICAI and EY.
Delhi BJP president Virendraa Sachdeva on Wednesday launched a scathing attack on AAP National Convenor Arvind Kejriwal, who is currently in Punjab's Hoshiyarpur for a 10-day Vipassana meditation retreat. Sachdeva accused Kejriwal of being unable to shed his lavish lifestyle and VIP culture,
The high-level consultation formed a critical part of the Commission's ongoing assessment of the financial landscape of the Centre and States. The deliberations mainly focused on three key areas: Union and State Finances, Local Bodies, and Public Sector Enterprises (PSEs), among others. The
"...India has to move ahead in artificial intelligence. We cannot stop technology and about one trillion is going to be added to our economy," Dubey told ANI after the meeting.
Trump said that the reciprocal tax will kick in on April 2. He said that the US has been ripped off for decades by nearly every country on earth and vowed not to "let that happen any longer."
The Himachal Pradesh Excise and Taxation Department has proposed to raise the entry fees for different vehicle categories under the toll policy for the financial year 2025-26. The revised rates, which will take effect on April 1, 2025, are expected to further 'strain' the already 'struggling
The Select Committee of the Lok Sabha, under the chairmanship of Bharatiya Janata Party MP Baijayant Panda, will examine the Income-Tax Bill 2025 on March 6 and 7.
Addressing the officers, the President said that the job of Indian Revenue Service officers is one of the most important functions for governance and welfare. She highlighted the importance of taxes for a vibrant economy.
The increased disposable income after the rate cut announcements in the Union Budget 2025 will push the sales growth of the quick-service restaurant (QSR) sector from the first quarter of Financial Year 2026, Goldman Sachs said in a report.