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Karnataka Deputy CM Excludes Property Tax Increase in Bengaluru

Karnataka Deputy CM Excludes Property Tax Increase in Bengaluru: Deputy Chief Minister D.K. Shivakumar, responsible for Bengaluru city affairs, announced on Monday...

GST Council Removes Tax on Millet Flour

GST Council Removes Tax on Millet Flour: In the year dedicated to millet, the GST Council has announced the exemption of millet flour from...

Tax rule recap: Some key changes have come into effect

With the new financial year 2023-24 having begun from April 1, several tax rule changes have come into effect. Let's have a look at some...

Budget seeks to maintain balance between growth & deficit: Fitch Ratings

The Indian Budget for 2023-24 presented by Finance in Parliament seeks to maintain a balance of sustaining a growth focus and deficit reduction, said...

Centre to clarify taxation on online gaming, proposes removal of minimum TDS

In good news for online gamers, the government on Wednesday proposed to remove the minimum threshold for TDS and clarify taxability relating to online...

Govt received Rs 18 lakh crore tax revenue till Dec 2022

The government received Rs 18,25,100 crore till December 2022 consisting of Rs 15,55,692 crore as tax revenue, Rs 2,14,302 crore of non-tax revenue, and...

Traders’ Body terms GST one of most complicated taxation system, urges FM for review

Terming GST one of the "most complicated" taxation systems, the Traders' body Confederation of All India Traders (CAIT) has urged Finance Minister Nirmala Sitharaman...

Anushka Sharma files plea against Sales Tax Dept, HC seeks Maha govt response

Bollywood actress Anushka Sharma on Thursday challenged in the Bombay High Court the orders of the Maharashtra State Tax Department hiking levies on the...

Rationalising income tax, lowering Customs duties among suggestions to Centre

Rationalization of income tax, fiscal consolidation, lowering of Customs duties, developing a mechanism for green certification to help micro small, and medium enterprises (MSMEs),...

FY22 tax collection exceeds budgetary estimate, rises to over Rs 27 lakh cr

Accelerated economic recovery along with enhanced compliance pushed India's FY22 tax collection to Rs 27.07 lakh crore, almost Rs 5 lakh crore above the...

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