Journalist
Journalist
India-Mauritius DTAA conundrum: The HC's decision in August '24 had affirmed Tiger Global's eligibility for capital gains tax exemptions under the DTAA
Key components in the renewable energy industry such as special bearings, gearboxes, yaw components, wind turbine controllers are currently subjected to a concessional customs duty of 5 per cent
The equalisation levy was introduced at 6 per cent in FY17 for digital advertising services
The upcoming Budget may raise the rebate further, potentially making income up to Rs 10 lakh tax-free
How can govt improve upon the faceless tax assessment system
The taxpayers filed updated income tax returns (ITRs) for assessment years from FY23 to FY25 after doing the corrections
The judgment came in response to show cause notices (SCNs) issued by tax authorities demanding GST on regulatory fees under the Central GST (CGST) Act, 2017, and the Integrated GST (IGST) Act, 2017
To establish GIFT City as a global financial hub, the Forum has proposed tax exemptions on dividends and financial transactions
Corporate tax during the same period grew at a slower pace, 8.1 per cent, to Rs 7.7 trillion. The securities transaction tax grew 75.2 per cent to Rs 44,538 crore
SC mandates consolidation of all such cases by next hearing on March 18
Additionally, the deadline for the October-December 2024 quarter has also been adjusted, with varying due dates for different classes of registered persons
E-way bills are mandatory for the movement of consignments worth more than Rs 50,000 and are, therefore, an early indicator of demand and supply trends in the economy
A 1987-batch Indian Administrative Service (IAS) officer from the Odisha cadre, Pandey had been serving as the DIPAM secretary since October 24, 2019
The move follows the Goods and Services Tax (GST) Council's recommendation last month for a retrospective amendment to the Central Goods and Services Tax (CGST) Act
In July 2023, during its 50th meeting, the GST Council categorized online games-both skill-based and chance-based-under the 28 per cent GST slab
The court's decision not only alleviates the financial strain on affected businesses but also addresses long-standing concerns regarding double taxation
Under the new regulation, sellers must submit a declaration that includes details about the previous years for which they are claiming tax deductions
During a meeting with Chief Economic Advisor V Nageswaran, FISME representatives outlined several key recommendations to address these pressing issues
The gross GST collection - the amount before adjusting for refunds - rose by 7.3 per cent in December to Rs 1.76 trillion
India's export of organic products is regulated under the NPOP, which has been in effect since 2001 and is administered by the Department of Commerce, Ministry of Commerce and Industry