Sunday, Jun 23, 2024 | Last Update : 07:12 AM IST


GST slashed on COVID-19, black fungus medicines; 5% tax retained on vaccines

The reduced tax rates were based on a recommendation of a group of ministers, headed by Meghalaya Deputy Chief Minister Conrad Sangma

13 Jun 2021 7:38 AM

Telecom operators' buck COVID-19 slowdown, reports strong revenue: Fitch

Data traffic surged by 20 to 30 per cent as the lockdown increased demand for data connectivity

07 Aug 2020 1:59 PM

There is a need to review high levies in telecom sector, says Sunil Mittal

Government should not view the sector as source for exchequer, but instead as a force multiplier for ensuring economic momentum, Mittal said

31 Jul 2020 4:09 PM

I-T department refunds ₹62,000 crore to 20 lakh taxpayers

The income tax department has issued tax refunds at a speed of 76 cases per minute from April 8 to June 30, 2020

03 Jul 2020 3:32 PM

India plans to hike edible oil import taxes to boost local supply

India currently levies 37.5% and 45% import tax respectively on crude and refined palm oil

09 Jun 2020 9:00 AM


Apple says USD14 billion EU tax order 'defies reality and common sense'

The European Union’s order to Apple to pay EUR 13 billion (USD14 billion) in back taxes ‘defies reality and common sense’, the US firm said

18 Sep 2019 10:02 AM

Report shows US deficit to exceed USD 1 trillion next year

Federal debt, which is already high by historical standards, is on an unsustainable course, said Phillip Swagel of CBO.

22 Aug 2019 5:48 PM

GST officers prodding businesses to deposit taxes by March 31 to meet fiscal target

The practice of prodding assessees to pay taxes by March end was also prevalent during erstwhile excise and service tax regime.

31 Mar 2019 2:00 PM

Ireland recovers disputed Apple taxes in full ahead of appeal

The European Commission ruled in August 2016 that Apple had received unfair tax incentives.

19 Sep 2018 9:01 AM

Looking at ways to ensure timely refund of taxes: Finance Ministry

Committee is trying to find a way of giving refund by linking GSTR 1 with GSTR 3B forms.

22 Sep 2017 4:45 PM


Amsterdam to up tourist taxes to discourage visitors

Dutch city wants to increase tourist tax by as much as €10 a night to stop stag dos and other budget city breakers.

13 Sep 2017 11:40 AM

Google will be paying more taxes in Australia

The ATO has increased scrutiny over how much tax multinationals operating in Australia pay.

30 Apr 2017 11:06 AM

Trump made USD 150mn, paid USD 38 mn in taxes in 2005: White House

The White House pushed back pre-emptively Tuesday night, saying that publishing those returns would be illegal.

15 Mar 2017 7:58 AM

Cash-strapped EDMC proposes three new taxes

Corporation will go for 100 per cent digital transaction from April 2017.

08 Dec 2016 2:36 AM