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The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Food, drinks in educational institutions to attract 5 per cent GST

Food and beverages distributed at educational institutions would be subject to Goods and Services Tax (GST) of 5 per...

12 April 2018 4:15 PM IST

Prime Minister Narendra Modi unveiled a slew of incentives to boost startup businesses, offering them a tax holiday, inspector raj-free regime and capital gains tax exemption as part of the startup action plan.

19 states implemented startup policies: Commerce ministry

Narendra Modi unveiled a slew of incentives to boost startup businesses.

6 April 2018 7:12 PM IST

Companies producing chips using 130 nanometer technology or smaller will be tax exempt for two years.

China cuts tax rates for chipmakers amid trade tensions with US

The move comes as the United States is considering imposing tariffs on $50 billion worth of Chinese exports.

30 March 2018 4:45 PM IST

The move is aimed at collecting more property tax for fiscal 2017, which ends March 31.

Submit proof for your HRA exemption claim: I-T dept

I-T dept swings into action after subtantial rise in number of fake rent receipts employers are getting.

11 April 2017 2:38 PM IST

(Photo: PTI/Representational)

File I-T returns or lose tax exemption status, Govt tells political...

The government is amending law to make the rule mandatory and also changing the law to keep the identity of the donor...

2 Feb 2017 2:18 PM IST

Union Finance Minister Arun Jaitley. (Photo: PTI)

Political parties do not enjoy immunity, liable to I-T query: Arun...

He said that the NDA government has neither made any change regarding the taxation regime nor has it contemplated on the...

17 Dec 2016 9:10 PM IST

Naik had the money in demonetised notes and wanted to get it exchanged.

Exemption from tax given to only registered political parties

Meanwhile, CBDT said that there are enough provisions in the Income Tax Act to scrutinise the accounts of the political...

17 Dec 2016 7:29 PM IST