Tag: Tax
Anand Bhawan Gets Rs 4.35 Crore Tax Notice
The iconic Anand Bhawan, Swaraj Bhawan and Jawahar Planetarium in Prayagraj, have been served a notice of Rs 4.35 crore as house tax by the Prayagraj Municipal Corporation (PMC).....
Tax Now Forms 70% Of Petrol, Diesel Prices
The Tuesday evening decision of the Government to raise excise duty levels on petrol and diesel by historic high levels has taken up tax component on retail price of auto fuels closer to 70 per cent level.....
Late Fee On GST Returns Capped Till July To Rs 500
In a major relief to the GST taxpayers, the government has decided to cap the maximum late fee for Form GSTR-3B at Rs 500 per return for the extended tax period of July 2017 to July 2020 subject to the condition that such returns are filed before September 30, 2020.....
E-Campaign On Voluntary Compliance Of Income Tax From Next Week
The Income Tax Department will start an e-campaign on voluntary compliance of income tax for the convenience of taxpayers from Monday. ....
Delhi Congress Threatens To Protest Against Tax Hike By SDMC
The Delhi Congress has threatened to protest against the BJP-ruled South Delhi Municipal Corporation, if the taxes proposed by SDMC are not withdrawn. ....
PM Modi To Launch Platform For Honouring Honest Taxpayers
Prime Minister Narendra Modi will launch a platform to honour honest taxpayers on Thursday. ....
Parliamentary Panel For Abolishing Tax On LTCG From Investments In Startups
The Standing Committee on Finance (2019-20) has recommended to the Centre to abolish tax on Long Term Capital Gains for all investments in startups which are made through collective investment vehicles (CIVs) such as angel funds, alternate investment funds (AIF), and investment LLPs. ....
Trump Paid $145K In Taxes To India, Made $2.3m From Projects: Report
US President Donald Trump or his company paid $145,400 in taxes to India and received $2.3 million from projects there, according to The New York Times. ....
FM Sitharaman Announces LTC Cash Voucher Scheme For Govt, PSU Employees
Coming up with the much anticipated demand boosting measures, Finance Minister Nirmala Sitharaman on Monday announced a ‘Cash Voucher Scheme for leave travel concession (LTC) for government employees and staff of state-run organisations. ....
IT Raids In NCR Unearths Advocate's Unaccounted Cash, Property Investments
The Income Tax Department has said that its search and seizure action across Delhi, NCR and Haryana in the case of a leading advocate practicing in the field of commercial arbitration and alternate dispute resolution has led to findings of unaccounted cash and huge investments in posh properties. ....
