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Finance Ministry

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 11:15 AM GMT

Locals too are unhappy with the influx of tourists with many feeling that they are are being priced out of the city centre because of tourist accommodation. (Photo: AP)

Amsterdam to up tourist taxes to discourage visitors

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

13 Sep 2017 6:10 AM GMT

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

GST officers prodding businesses to deposit taxes by March 31 to meet...

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

31 March 2019 8:30 AM GMT

US President Donald Trump

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 12:18 PM GMT

Acknowledging the issues, Apple said it is sorry for the issues with the third-generation butterfly keyboard. Users facing the problem are suggested to contact AppleCare.

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

The European Union's order to Apple to pay EUR 13 billion (USD14 billion) in back taxes 'defies reality and common...

18 Sep 2019 4:32 AM GMT

India is considering raising import taxes on edible oils as the country seeks to become self-reliant by boosting local oilseed production. (AFP Photo)

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

9 Jun 2020 3:30 AM GMT

Taxes, levies in telecom sector high, need to be reviewed thoroughly, said Sunil Mittal. (DC Photo)

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

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

31 July 2020 10:39 AM GMT

I-T refunds worth Rs 62,361 cr issued to 20.44 lakh taxpayers during Apr 8-Jun 30. (PTI Photo)

I-T department refunds â‚¹62,000 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

3 July 2020 10:02 AM GMT

Indian telecom operators revenue grows strongly defying coronavirus, says Fitch. (ANI Photo)

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

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

7 Aug 2020 8:29 AM GMT

Union Finance Minister Nirmala Sitharaman speaks during a press conference after chairing the 44th GST Council meeting via video conferencing, in New Delhi, Saturday, June 12, 2021. (Photo:PTI)

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

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

13 Jun 2021 2:08 AM GMT

Apple partners with Oprah. (Photo: Pixabay)

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 3:31 AM GMT

President Donald Trump reacts after addressing a joint session of Congress on Capitol Hill in Washington. (Photo: AP)

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 March 2017 2:28 AM GMT