Search For "taxes"
"Many Canadians want Canada to become 51st State... I think it's great ide
Updated : 1 year, 3 months ago IST
In a post on Truth Social, Donald Trump wrote, "No one can answer why we subsidize Canada to the tune of over $100,000,000 a year? Makes no sense! Many Canadians want Canada to become the 51st State. They would save massively on taxes and military protection. I think it is a great idea. 51st
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Direct tax collections rise 20.3% to Rs 19.2 lakh crore by far in 2024-25
Updated : 1 year, 3 months ago IST
The gross direct tax collections by the government so far in 2024-15 were 20.32 per cent higher on a yearly basis at Rs 19.21 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed on Wednesday.
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Effective capital expenditure pegged at Rs 15.02 lakh crore, among highest
Updated : 1 year, 3 months ago IST
Replying to the debate in Lok Sabha on the supplementary demands for grants for 2024-25, Sitharaman noted that capital expenditure is critical for sustaining economic growth and that it plays a key role in creating multiplier effects throughout the economy
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Central Board of Indirect Taxes and Customs launches new initiatives to en
Updated : 1 year, 3 months ago IST
The CBIC has introduced a revised Citizen's Charter, which provides updated timelines and service standards for key taxpayer services.
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Boost Your Finance Career with BBA in Finance & Accounting Integrated
Updated : 1 year, 3 months ago IST
Bangalore (Karnataka) [India], December 16: In today's competitive global market, a robust understanding of finance and accounting is no longer optional--it's a necessity. Businesses depend on skilled financial professionals to manage their revenue, expenses, and taxes effectively. For aspir
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Ministry of Defence signs contract with HAL for procurement of 12 Su-30MKI
Updated : 1 year, 3 months ago IST
In a major boost to the Aatmanirbhar Bharat initiative of the government, a contract for procurement of 12 Su-30MKI aircraft along with associated equipment has been signed at an approximate cost of 13,500 crore inclusive of taxes and duties, a statement from the Ministry of Defence said.
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Australia asks tech giants to share revenue with local media outlets or co
Updated : 1 year, 3 months ago IST
The measure will be applicable from January 1. Tech Giants like Meta and Google with an Australian-based revenue in excess of 250 million Australian dollars (USD 160m) to pay for content or face a hefty tax bill that could amount to millions, as per Al Jazeera.
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Tax refunds up by 46.31% to Rs 3.08 lakh crore in FY 2024-25: Finance Mini
Updated : 1 year, 3 months ago IST
The Finance Ministry announced on Thursday a significant improvement in the issuance of tax refunds for the financial year 2024-25.
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"India's taxation system considered most transparent, reliable in world":
Updated : 1 year, 3 months ago IST
While addressing the inaugural session of an Appreciation Course in Parliamentary Processes and Procedures for a group of 73 Officer Trainees (OTs) of IRS (Customs & Indirect Taxes) comprising officers from 74th and 75th batch and 5 Officer Trainees of Royal Bhutan Customs held at the Pa
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Income contraction of Corporate, Govt along with higher taxes on household
Updated : 1 year, 3 months ago IST
Urban demand witnessed a contraction in the second quarter of FY25 because of declining incomes in the corporate and government sectors coupled with an increasing tax burden on households, according to a report by Systematix Institutional Equities.
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Central Board of Direct Taxes extends deadline for taxpayers with internat
Updated : 1 year, 3 months ago IST
The Central Board of Direct Taxes (CBDT) on Saturday extended the due date for filing the return of income tax for tax payers with international transactions who are required to submit informations under section 92E.
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Understanding Mutual Fund Taxation: What You Need to Know
Updated : 1 year, 3 months ago IST
New Delhi [India], November 27: You have worked hard to save and have decided to invest in mutual funds to grow your wealth. After months of watching your investments grow, you suddenly realise that the returns you earned could be subject to taxes. Now, you are left wondering: what exactly d
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