Search For "taxes"
Finance Minister honors Tax officers for outstanding service on 166th Inco
Updated : 7 months, 2 weeks ago IST
Finance Minister Nirmala Sitharaman honored several Income Tax officers for their exceptional contributions to the department during the celebration of the 166th Income Tax Day, recognising decades of service in modernising India's tax administration.
Read More
Karnataka CM Siddaramaiah addresses GST notice concerns at trade union mee
Updated : 7 months, 2 weeks ago IST
Trade union representatives, including the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), raised concerns about confusion among small traders regarding GST notices, which often include loan amounts and personal transactions. They urged the government to allow traders to d
Read More
Income tax employees call for boycott of Income Tax Day celebrations
Updated : 7 months, 2 weeks ago IST
Income tax employees across the country will boycott the official Income Tax Day celebrations on July 24, as part of an escalating protest against what they term the "persistent apathy" of the Central Board of Direct Taxes (CBDT) toward their pressing concerns.
Read More
Traders detained as tax protest shuts down Pak-China border
Updated : 7 months, 2 weeks ago IST
Traders in Gilgit-Baltistan protested against taxes at the Pakistan-China border, blocking the Karakoram Highway and closing Sost Dry Port. Authorities detained several traders as talks continued to resolve the situation, with tourists stranded and tensions rising between traders and the loc
Read More
Pakistan trade bodies call nationwide strike on July 19, slam 'draconian'
Updated : 8 months, 1 week ago IST
In a joint press conference held at the Sarhad Chamber of Commerce and Industry (SCCI), President Fazal Moqeem Khan, Senior Vice President Abdul Jalil Jan, and members of the SCCI executive committee voiced strong opposition to the Finance Act, which took effect on July 1. They warned the pr
Read More
Digital infrastructure transforms India's tax administration, refunds surg
Updated : 8 months, 2 weeks ago IST
India's tax administration has undergone a dramatic transformation over the past decade, with taxpayer refunds growing at nearly double the pace of tax collections, Ministry of Finance sources told ANI.
Read More
Direct tax collections surge 3.2% to Rs 6.64 lakh crore by far in 2025-26
Updated : 8 months, 2 weeks ago IST
India's direct tax collections, in gross terms, have witnessed a robust growth of 3.2 per cent year-on-year so far in 2025-26, reaching Rs 6.64 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed. In 2024-25 same period, it was Rs 6.44 lakh crore.
Read More
Maharashtra Dy CM Pawar urges Centre to curb illegal raisin imports from C
Updated : 8 months, 2 weeks ago IST
Pawar wrote to Union Agriculture Minister Shivraj Singh Chouhan and Union Commerce Minister Piyush Goyal, highlighting the growing problem of poor-quality raisins being smuggled into India and evading import duties and taxes.
Read More
"Landmark reform that reshaped India's economic landscape": PM Modi on 8 y
Updated : 8 months, 3 weeks ago IST
The GST was introduced in India on July 1, 2017. It replaced multiple indirect taxes with a single nationwide system, helping create a common national market and reducing the cost of doing business.
Read More
Trump reiterates vow to block Iran's nuclear ambitions, claims US strikes
Updated : 8 months, 3 weeks ago IST
Donald Trump said U.S. strikes set back Iran's nuclear plans "by decades" and vowed not to let Iran get nuclear weapons. He also criticised reports questioning the attack's impact and confirmed a halt in Canada trade talks over taxes and a pending sale of TikTok, Al Jazeera reported.
Read More
On 8th year of GST, Industry wants tax rationalisation and clarity on taxe
Updated : 8 months, 3 weeks ago IST
As India's Goods and Services Tax (GST) completes eight years since its launch in July 2017, a report by PwC highlights the key demands and reforms expected by the industry going forward.
Read More
CBDT chief directs Faceless officers to avoid irrelevant queries in tax as
Updated : 8 months, 3 weeks ago IST
The Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal has issued strict directives to Faceless Assessment Officers (FAOs) to avoid raising irrelevant queries while conducting faceless assessments, emphasising the need for more focused and case-specific scrutiny procedures.
Read More