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GST Council to meet tomorrow; discuss roll out of e-way bill

An e-way bill is required for movement of goods worth more than Rs 50,000.

15 Dec 2017 3:08 PM

GST led to 12 per cent rise in cost of solar projects, says AISIA

Tax incidence on services and civil work has risen to 18 per cent from 15 per cent and 6 per cent respectively previously.

13 Dec 2017 4:01 PM

'India Inc's Nov M&A deal tally grows 55 per cent to USD 3 billion'

In January-November, there were 389 merger and acquisition deals worth USD 39.86 billion.

12 Dec 2017 3:50 PM

Direct tax collections rise 14 pc to Rs 4.8 lakh cr in Apr-Nov

Gross collections have increased by 10.7 per cent to Rs 5.82 lakh crore during April-November, 2017.

09 Dec 2017 5:13 PM

N K Singh, Patel discuss devolution of taxes to Centre, states

Commission would be greatly benefited by analytical and domain knowledge of RBI in these specialised areas.

08 Dec 2017 10:46 AM

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Advisory group on GST submits report, suggests changes

Panel received more than 700 representations on problems faced by industry over return filing.

07 Dec 2017 11:02 AM

Tax professionals seek more time for e-filing of returns

CBDT has revised e-filing income tax return (ITR) preparation utilities for filing all types of ITR forms.

28 Oct 2017 12:23 PM

ITC Q2 net up 6 per cent at Rs 2,640 crore, cigarettes hit by high tax

Company's total income during the second quarter of 2017-18 was Rs 10,258.13 crore.

27 Oct 2017 7:32 PM

High taxes, spectrum cost, IUC cut impacting industry: Old telcos

The recent cut in IUC, firm spectrum prices and high levies like licence fee and GST as big constraints.

27 Sep 2017 12:53 PM

EU ministers make push for Google, Facebook tax

Public anger against the billions of euros earned by online behemoths is growing louder in Europe.

17 Sep 2017 8:11 AM

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Tax authorities to scan transition credit claim of 162 cos

Till last week as many as 70 per cent of 59.57 lakh taxpayers had filed returns.

15 Sep 2017 2:11 PM

Waive certain taxes for cos in insolvency proceeding: Assocham

Non-performing loan resolution process is going on for 12 companies and this represent 25 per cent of total bad loans in the system NPLs.

13 Sep 2017 4:11 PM

Govt notifies GST cess hike on mid and large cars, SUVs

Highest pre-GST tax incidence on motor vehicles worked out to about 52-54.72 per cent.

12 Sep 2017 2:30 PM

In first month of GST roll-out, BCCI paid Rs 44 lakh in taxes

BCCI's official website states that for the month of July, it paid Rs 44,29,516 in GST.

09 Sep 2017 4:16 PM

Mercedes expects govt support on taxation to boost production,

Mercedes Benz India sold 13,231 vehicles in 2016. From January to June 2017, the company has sold 7,171 units.

03 Sep 2017 11:41 AM

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France seeks 600 mn in taxes from Microsoft: report

The magazine reported that the bills concerned internet advertising and keywords for internet searches.

31 Aug 2017 9:45 AM

Cabinet clears Ordinance to allow hike in GST cess on cars

Highest pre-GST tax incidence on motor vehicles worked out to about 52-54.72 per cent, to which 2.5 per cent.

30 Aug 2017 1:33 PM

Cabinet may this week consider hike in GST cess on cars

Small petrol cars of less than 4 meters and 1,200 cc attract a cess of 1 per cent.

27 Aug 2017 2:32 PM

Delhi HC halts 2nd arbitration by Vodafone in Rs 11,000 cr tax

Govt made a retrospective amendment to Income Tax Act which re-fastened the liability on Vodafone.

23 Aug 2017 9:37 AM

No inconsistency in number of tax payers: CBDT

Number of individuals filing income tax returns has jumped to 2.79 crore this year from 2.23 crore last year.

18 Aug 2017 8:06 PM

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