Search For "taxes"
All about the New 45 Days Payment Rule for MSME Registered Units - Section
Updated : 2 years ago IST
New Delhi [India], March 19: Starting from the year 2024-25, there's a new rule for companies. They must pay any pending bills to small businesses within 45 days. If they don't, they'll have to pay more tax for the years 2023-24. This is because they can only claim deductions for payments th
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India pushes for design changes in coal power plants to utilize local reso
Updated : 2 years ago IST
According to a report by S&P Global Commodity Insights, the proposal, outlined in a report released by an inter-ministerial committee on March 7, also includes considerations for imposing higher taxes on imports of coal with high gross calorific value (GCV).
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Centre notifies extension of RoDTEP support to advance authorisation holde
Updated : 2 years ago IST
Union Commerce Minister Piyush Goyal has announced the extension of the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme support to additional export sectors in New Delhi on Friday.
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Punjab budget imposes no new taxes, gives priority to agriculture, educati
Updated : 2 years ago IST
State Finance Minister Harpaal Singh Cheema after presenting the state budget on Tuesday said that no new taxes have been introduced.
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Israel is raising tobacco taxes
Updated : 2 years ago IST
The government said the tax hikes are in furtherance of its decision on "preventing smoking and promoting a healthy lifestyle," and come with the approval of the Knesset Finance Committee of the Knesset.
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Delhi HC sets aside CIC's order asking CBDT to give information on exempti
Updated : 2 years ago IST
The Delhi High Court recently set aside the order of the Chief Information Commissioner (CIC) directing the Central Board of Direct Taxes (CBDT) to provide information related to Shri Ram Janmbhoomi Teerth Kshetra Trust. The order was challenged by the CBDT.
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Centre has no role except obeying to finance commission: Sitharaman on Sou
Updated : 2 years ago IST
The central government has no role to play except for obeying the finance commission, Union Finance Minister Nirmala Sitharaman said in categorical words on allegations that southern states, in particular, are upset with the Centre for not sharing as much as taxes they earlier used to. Read More
CBDT identifies mismatches in ITR, third party information; function made
Updated : 2 years ago IST
The Income Tax Department on Monday said it has identified certain mismatches between the information received from third parties on interest and dividend income, and the Income Tax Return (ITR) filed by taxpayers, the Central Board of Direct Taxes said. In many cases, it said taxpayers h
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Rights activist exposes atrocities in PoK, GB; calls for 'Day of Resistanc
Updated : 2 years, 1 month ago IST
In an online interview with ANI, Mirza detailed the planned protests on the 'Day of Resistance,' which include sit-ins, political rallies, and demonstrations to express public discontent over high electricity taxes and the revocation of wheat and flour subsidies.
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RAJIV RANJAN'S ANALYSIS : Interim Budget 2024 -- in campaign mode
Updated : 2 years, 1 month ago IST
New Delhi [India], February 16: The Finance Minister presented her sixth consecutive Budget.
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Congress MP Dhiraj Sahu revises income tax returns, settles taxes on Rs 15
Updated : 2 years, 1 month ago IST
The Congress MP has been in the news since December last year after the Income Tax department seized Rs 351.8 crore in cash during raids on the premises linked to Odisha-based Boudh Distillery Pvt Ltd, promoted by his family.
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Check How EPF Helps You Save On Tax in India
Updated : 2 years, 1 month ago IST
New Delhi [India], February 14: The Employees' Provident Fund (EPF) is a popular retirement savings scheme in India that is regulated by the Employees' Provident Fund Organisation (EPFO). Under this scheme, a portion of an employee's salary is deducted each month and contributed to a fund
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