Tax

Customs dept to roll out pan-India faceless assessment by Dec 31; starts in Chennai, Bengaluru

Customs dept to roll out pan-India faceless assessment by Dec 31; starts in Chennai, Bengaluru

The customs department will roll out pan-India faceless assessment by December 31 in a phased manner, starting with Chennai and Bengaluru...Read More

Gross direct tax dips about 5% in FY20 due to cut in corp tax, increase in personal income tax exemption to Rs 5 lakh

Gross direct tax dips about 5% in FY20 due to cut in corp tax, increase in personal income tax exemption to Rs 5 lakh

The actual gross direct tax collection during 2019-20 fiscal dipped by 4.92 per cent to Rs 12.33 lakh crore on account on reduction in co...Read More

Saudi Arabia triples taxes, cuts $26B in costs amid pandemic

Saudi Arabia triples taxes, cuts $26B in costs amid pandemic

Saudi citizens will also lose a bonus cost-of-living allowance that had been in place since 2018, according to the country's finance mini...Read More

Extend last date of GSTR-3B filing to June 30: Indore traders write to Finance Minister Nirmala Sitharaman

Extend last date of GSTR-3B filing to June 30: Indore traders write to Finance Minister Nirmala Sitharaman

The traders' concern was voiced by Ahilya Chamber of Commerce and Industry through a letter written to Nirmala Sitharaman on Saturday.

Supreme Court allows Rs 733 crore tax refund to Vodafone Idea

Supreme Court allows Rs 733 crore tax refund to Vodafone Idea

The top court has directed the Centre to refund the amount within four weeks.

Coronavirus in Mumbai: State earmarks Rs 500 crore from district development plan, anti-virus measures

Coronavirus in Mumbai: State earmarks Rs 500 crore from district development plan, anti-virus measures

Instead, the Maha Vikas Aghadi government has allowed a total expenditure of Rs500 crore from the district development plan (which means ...Read More

Madhya Pradesh: Toll company asked to forgo tax till Mar 18 due to lack of maintenance

Madhya Pradesh: Toll company asked to forgo tax till Mar 18 due to lack of maintenance

Advocate Jain informed that the condition of the four-lane was still not good and also presented photographs in support.

Maha govt admits Rs 137 crore loss due to undervaluing of Mumbai properties

Maha govt admits Rs 137 crore loss due to undervaluing of Mumbai properties

The officers of the Stamp Duty department in connivance with those selling or buying properties, undervalued the property to help them ev...Read More

Indore: IMC drive to recover pending tax worth Rs 1100 cr from today

Indore: IMC drive to recover pending tax worth Rs 1100 cr from today

The commissioner said that all each zonal officer would be given 1500 accounts of each ward for collection of revenue in the form of prop...Read More

Budget 2020: BMC taxes untouched even as infra outlay up

Budget 2020: BMC taxes untouched even as infra outlay up

While the budget has increased allocations for infrastructure projects and for the education and health sectors, the opposition slammed t...Read More

Indore: Post CGST search ops, Mittal Corp pays Rs 1.10cr against dues

Indore: Post CGST search ops, Mittal Corp pays Rs 1.10cr against dues

Leading company of the city is defaulter of the CGST Department as it was not filling the return from last 6 months.

Indore: Dodging taxes will be difficult from now on, says Chief Commissioner of CGST Vinod Kumar Saxena

Indore: Dodging taxes will be difficult from now on, says Chief Commissioner of CGST Vinod Kumar Saxena

Saxena was here on Friday for a meeting with members of the trade, industry, tax consultants and business associations.

Tax haven trusts come under probe for Swiss accounts

Tax haven trusts come under probe for Swiss accounts

In addition, several individuals who are suspected to have moved abroad after evading taxes back in India

Bhopal: BMC may increase taxes to deal with cash crunch

Bhopal: BMC may increase taxes to deal with cash crunch

A proposal in this regard may be placed before mayor-in-council (MIC) and then tabled before the council for implementation.

Ujjain: Officials asked to set target and speed up recovery of property tax

Ujjain: Officials asked to set target and speed up recovery of property tax

The commissioner pulled up public heath engineering officials for not issuing water tax bills for long time.

Indore: Win-win model suggested up, revenue and relief to tax payers

Indore: Win-win model suggested up, revenue and relief to tax payers

ICAI did discussion on way and means to improve the economy with Union Finance Minister.

Madhya Pradesh slips to 12th place in GST collection

Madhya Pradesh slips to 12th place in GST collection

Tax consultant asked to reach out to businessmen

Bhopal: Tax on liquor increased from 5 % to 10 %

Bhopal: Tax on liquor increased from 5 % to 10 %

MP govt eyes additional revenue of Rs. 250 crore

Bhopal: GIS survey included in master plan to boost tax collection

Bhopal: GIS survey included in master plan to boost tax collection

Tax collection in Govindpura rose by 10 crore due to GIS survey.

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