Tag: tax
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Businesses allowed to encash tax credits for improving liquidity
In order to improve liquidity of businesses, the Central Board of Indirect Taxes and Customs (CBIC) has decided to allow full transfer of cash...
Duty, taxes to lift solar tariffs to Rs 2.6 per unit next fiscal
Solar tariffs may rise to Rs 2.6-2.7 per unit (from an all-time low of Rs 2 unit) over the next fiscal in the wake...
Govt resumes E-way bill blocking facility for non-compliant taxpayers
The government has resumed the blocking of E-way bill (EWB) generation facility for all the taxpayers who fail to file their monthly or quarterly...
Path to recovery: GST collection for Sep at over Rs 1.17 lakh cr
The GST collection of the government had maintained its momentum this fiscal year despite Covid disruption as a pick up in the economic recovery...
Net Direct Tax collections see 74.4% growth over pre-pandemic levels
In a clear signal that the economy is on path of fast recovery post the pandemic disruptions, the government's net direct tax collections for...
Reduce GST rate on ropeways, demands Himachal CM
Himachal Pradesh Chief Minister Jai Ram Thakur has urged the Centre that the rate of Goods and Services Tax (GST) on ropeways and other...
GST Council meet today: Covid relief, bringing oil and gas indirect tax regime on agenda
The GST Council will meet in Lucknow on Friday to take decisions on issues related to duty revision that were put on the back...
For 2nd day, IT sleuths ‘search’ actor Sonu Sood’s home
For the second consecutive day, the Income Tax Department continued its 'survey' operations at the home of Bollywood actor Sonu Sood, official sources said...
GST Council meeting in Lucknow on Friday
Union Finance Minister Nirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow on Friday.
During the...
IT department ‘surveys’ actor Sonu Sood’s Mumbai premises
The Income Tax Department is 'surveying' the Mumbai offices and home in the suburbs belonging to Bollywood actor Sonu Sood here on Wednesday, official...