he Appointments Committee of the Cabinet has approved the appointment of four senior Indian Revenue Service (IRS) officers as Members of the Central Board of Direct Taxes (CBDT), according to an official order issued yesterday.
Minister Krishna Byre Gowda criticised the government's handling of essential commodities, alleging that rising prices and increased taxes are draining the common people while benefiting the rich.
Union Minister H D. Kumaraswamy criticised the Karnataka government for burdening citizens with taxes and defended the Centre over fuel price hikes. He said the increase in petrol and LPG prices does not directly affect the common man.
A 10 percent increase has been proposed for property tax, and a 15 percent increase has been proposed in the rates of consumer charges which include water rate, sewerage, and solid waste in the BMC's budget for FY 2025-26.
R Ashoka, Leader of the Opposition in Karnataka, criticizes CM Siddaramaiah and DCM Shivakumar over price hikes, taxes, and mismanagement in a BJP protest. He accuses Congress of exploiting the public through taxes and commissions while neglecting infrastructure.
The Government of India's monthly account up to February 2025 (FY2024 -25) has been consolidated, and reports have been published, according to the release.
Citing The Business Standard report, Arafat said that Grameen Kalyan was relieved from USD 54.8 million in taxes. According to him, the high court on October 3 withdrew its own earlier ruling dated August 4, which ordered "Grameen Kalyan" to pay the National Board of Revenue (NBR) approximat
Speaking during the discussion in the Rajya Sabha, Raghav Chadha questioned the value citizens receive in return for their contributions, including whether they benefit from world-class healthcare, education, or infrastructure.
The International Monetary Fund (IMF) has rejected Pakistan's Federal Board of Revenue's (FBR) request for reducing transaction taxes for the property sector for the time being.
Shiv Sena MP Milind Deora praised Prime Minister Narendra Modi's national-level campaign initiative on obesity. Deora added that he urged Health Minister Nadda and gave him suggestions to control obesity and ensure that there is no obesity crisis in India.
India's direct tax collections have witnessed a robust growth of 16.15 per cent year-on-year, reaching Rs 25.86 lakh crore in the financial year 2024-25 (as of March 16, 2025), as per the latest data released by the Central Board of Direct Taxes (CBDT).
The Central Board of Direct Taxes (CBDT) has issued a circular aimed at to offer guidance on the application of the Principal Purpose Test (PPT) provision under India's Double Taxation Avoidance Agreements (DTAAs).