New Delhi [India], July 17: Tax planning is a crucial aspect of personal finance that involves the strategic management of one's financial affairs to minimize tax liabilities and maximize savings. By utilizing legal provisions and tax-efficient strategies, individuals can optimize their fina
Delhi Chief Minister, Arvind Kejriwal, on Sunday launched an attack on the Central government and said that the price rise of essential goods is happening because the government is levying taxes on everything.
The BJP Chief of Himachal Pradesh, Rajeev Bindal said that India will become self-reliant in urea production. He said that the Central Government has approved the continuation of the Urea Subsidy Scheme to ensure the availability of urea by excluding taxes and Neem coating charges.
"Pakistan and IMF had detailed negotiations for the last three days as a last effort to complete the pending review," Finance Minister Ishaq Dar said on Saturday.
According to the official data released by the government, "The Gross collection of Direct Taxes (before adjusting for refunds) for the FY 2023-24 stands at Rs 4,19,338 crore as compared to Rs 3,71,982 crore in the corresponding period of the preceding financial year, registering a growth of
"The Trudeau government failed to protect international students from crooked scam artists. Now, Trudeau is punishing the victims by deporting the students--even those that acted in good faith & have been working & paying taxes here for years. Prosecute fraudsters. Stop the deportati
Oil marketing companies generally revise the LPG prices on the first day of every month. The prices of domestic cooking gas vary from state to state depending on local taxes.
In a statement, Finance Minister, Kailash Gahlot said, "Trade and Taxes department plays an important role in the government. The revenue collections of GST and VAT combined was more than Rs 34,000 Crores in 2022-23 while this year we expect remarkable growth in the collection."
The ministry said an amount of Rs 59,140 crore has been transferred to state governments as devolution of share of taxes by the Centre up to April 2023.
According to the company, its revenue went up 61.3 per cent to Rs 6,038 crore for the quarter ended March 31, 2023, against Rs 3,743.7 crore in the corresponding period the previous year.
Amid the ongoing uncertainty on the issue of imposed Tax Collected at Source on the usage of international debit or credit cards during foreign travel, Rajya Sabha member Priyanka Chaturvedi wrote a letter to the Union finance minister Nirmala Sitharaman to consider scrapping or minimising s