taxes

Results: NALCO's net profit in FY 2020-21 zooms over 800%

Results: NALCO's net profit in FY 2020-21 zooms over 800%

State-run National Aluminium Company Limited (NALCO) has reported results for the financial year ending March 31, 2021. The company repor...Read More

GST Council meeting: Retrospective amendment for payment of interest for delayed payment of GST to be notified

GST Council meeting: Retrospective amendment for payment of interest for delayed payment of GST to be notified

The GST Council, which is headed by the Union Finance Minister Nirmala Sitharaman and comprises representatives of all states and union t...Read More

US proposes 15 per cent minimum tax on global corporate profits

US proposes 15 per cent minimum tax on global corporate profits

The US Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15 per cent - below the 21 per ...Read More

Non-residents will be taxed if transaction value exceeds Rs 2 crore

Non-residents will be taxed if transaction value exceeds Rs 2 crore

Non-residents undertaking transactions with Indian parties will trigger taxability under the domestic law in India even if they do not ha...Read More

Policy Watch: India will not understand governance till Uttar Pradesh is tamed

Policy Watch: India will not understand governance till Uttar Pradesh is tamed

“Pity the nation whose people are sheepAnd whose shepherds mislead them...My country, tears of theeSweet land of liberty”Excerpted from P...Read More

Vivad Se Vishwas to be extended till June 30, says CBDT

Vivad Se Vishwas to be extended till June 30, says CBDT

The government extended the deadline for making payment under the direct tax scheme Vivad Se Vishwas till June 30. This extension was mai...Read More

COVID-19: Customs to clear life-saving drug, oxygen equipment imports on highest priority

COVID-19: Customs to clear life-saving drug, oxygen equipment imports on highest priority

The finance ministry's CBIC has directed its field officers to clear all import consignments, including life-saving drugs and oxygen equi...Read More

YouTube content creators outside of the US to witness drop in earnings

YouTube content creators outside of the US to witness drop in earnings

In a bad news for creators in India, Google-owned YouTube has announced to deduct taxes from payments to creators outside of the US.In an...Read More

EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March

EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March

Retirement fund body EPFO is likely to announce the rate of interest on provident fund deposits for financial year 2020-21, on March 4, w...Read More

Budget 2021: Government should recognise agri NBFCs, says expert

Budget 2021: Government should recognise agri NBFCs, says expert

Here's what industry experts expect from FM Nirmala Sitharaman

Luxury car makers seek reduction in taxes on automobiles in upcoming Budget

Luxury car makers seek reduction in taxes on automobiles in upcoming Budget

Any hike in taxes on luxury cars will hit demand and prevent recovery from the disruptions witnessed last year, according to senior offic...Read More

Donald Trump earned around Rs 16.84 crore from India & paid Rs 1 crore in taxes: Report

Donald Trump earned around Rs 16.84 crore from India & paid Rs 1 crore in taxes: Report

US President Donald Trump, who paid a mere USD 750 as taxes in the United States, shelled out around USD 1.45 lakh (Rs 1.06 crore) as tax...Read More

TCS to be collected by seller from October 1 only if turnover exceeds Rs 10 crore: CBDT

TCS to be collected by seller from October 1 only if turnover exceeds Rs 10 crore: CBDT

The CBDT on Wednesday said a seller would be required to collect tax collected at source (TCS) from October 1 only if his turnover exceed...Read More

Government operationalises 'Faceless Income Tax Appeals' system

Government operationalises 'Faceless Income Tax Appeals' system

The government on Friday issued a notification operationalising 'Faceless Income Tax Appeals' system which seeks to honour honest taxpaye...Read More

Vodafone arbitration case: Vodafone wins, yet government prepares for another battle

Vodafone arbitration case: Vodafone wins, yet government prepares for another battle

The government on Friday said it will consider all options, including legal remedies, with regard to Vodafone arbitration case which went...Read More

States need 'hard cash', govt's 'letter of comfort' has no value: Chidambaram on GST compensation

States need 'hard cash', govt's 'letter of comfort' has no value: Chidambaram on GST compensation

States need 'hard cash', govt's 'letter of comfort' has no value: Chidambaram on GST compensation New Delhi, Sep 10 (PTI) Senior Congress...Read More

GST refund: CBIC clears Rs 11,052 crore claims

GST refund: CBIC clears Rs 11,052 crore claims

The Central Board of Indirect Taxes (CBIC) said it has sanctioned GST refund claims worth Rs 11,052 crore in 47 days. The tax authorities...Read More

‘See India FY20 GDP growth slowing to 4.5%’

‘See India FY20 GDP growth slowing to 4.5%’

"Whatever has been the expenditure plan, please keep it, even if the taxes (collections) fall. Let the fiscal deficit increase by that ex...Read More

Ujjain: Mayor lays stress on speedy recovery of taxes

Ujjain: Mayor lays stress on speedy recovery of taxes

She insisted to launch a driver to speedy recovery.

RIL's earnings growth starting to de-risk: Morgan Stanley

RIL's earnings growth starting to de-risk: Morgan Stanley

New Delhi: Reliance Industries' earnings growth is starting to be de-risked, amid improving earnings growth clarity, better refining marg...Read More

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