Tag: Tax
Liquor Sales Fall 29% In Apr-Sep Amid Lockdown Impact, High Tax Levies
Sale of Indian-made foreign liquor declined 29 per cent during the first half of the current financial year, according to data released by the Confederation of Indian Alcoholic Beverage Companies (CIABC). ....
SC Issues Notice To Income Tax Dept In Tax Evasion Case Against Karti Chidambaram And His Wife
The Supreme Court on Monday issued a notice to the Income Tax Department in a tax evasion case of over Rs 7 crore against Congress MP Karti Chidambaram and his wife. ....
GSTN Launches New Facility Of Taxpayers' Communication Platform
To facilitate further ease of compliance to the GST taxpayers, the GST Network (GSTN) has added a new feature "Communications between Taxpayers" on its portal. ....
Income Tax Department Conducts Searches In Maharashtra
The Income Tax Department carried out search and survey action on December 10 in the cases of leading builders and entry operators in the Panvel region of Pune. The search and survey actions were carried out at 29 locations in Panvel and Vashi. ....
After 25 Years, Entertainment Tax Waiver Granted To Michael Jackson's Mumbai Concert
The Maharashtra cabinet on Wednesday approved a proposal to grant entertainment tax waiver for the concernt of Michael Jackson held in Mumbai in November 1996. ....
Union FM Announces Rs 65,000 Cr To Develop 1,100 Km Of National Highway Roads In Kerala
Union Finance minister Nirmala Sitharaman on Monday announced Rs 65,000 crore support for the development of 1,100 km of National Highway (NH) roads in Kerala. ....
No New Tax For The Rich, FPIs Lead To 2,300-point Sensex Salute For Budget
The stock markets have saluted the Union Budget with a massive gain of 2,300 points as the fears of a Covid cess or increase in capital gains tax did not materialise while withholding tax for FPIs found no mention. ....
Budget 2021: Fuel Remains Most Taxed, To Contribute Majorly Towards New Cess
The levies on petrol and diesel will once again provide lion's share of the new agriculture infrastructure and development cess introduced by the government in Budget 2021-22. ....
Traders Across India To Go On Strike On Friday Amid Changes In GST
Going ahead with their protest against arbitrary regulations and changes in the Goods and Services Tax (GST) and alleged norm violations by e-commerce giants, traders across the country will go a day-long strike on Friday. ....
No Fuel Tax Hike In Karnataka Budget For 2021-22
The Karnataka Budget for ensuing fiscal 2021-22 has not proposed increase in state tax on petrol or diesel to avoid financial burden on the people, said Chief Minister B.S. Yediyurappa on Monday. ....
