Tag: Tax
17 Results
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Orissa High Court slashes tax on mosquito repellent ‘Good Knight’
The HC Division Bench dismissed the application moved by the Commissioner of Sales Tax, seeking 12.5 per cent taxation on the product in ‘all other goods’ category.
February 20, 2023 -
Central govt was on the verge of collapse: Mamata
Don’t move away from Bengal, don’t beg for jobs outside Bengal, the CM urged
February 3, 2023 -
Fresh survey adds over 23.50 lakh new urban properties in Punjab for tax
With this, the number of properties which are required to pay property tax has gone up to 42.70 lakh.
December 13, 2022 -
Cashed-strapped MCD finding new ways to tax properties
Earlier, in the name of making property tax uniform across Delhi, rates were hiked for North and East Delhiites. Now, other types of trivial methods are being resorted to. Corporation officials are trying to bring maximum properties out of 25 lakh properties under the wealth tax net.
August 27, 2022 -
Centre releases two installments of tax devolution to states
State governments have received a total of Rs 1,16,665.75 crore as against the normal monthly devolution of Rs 58,332.86 crore.
August 10, 2022 -
Republican outrage over FBI raid on Trump’s Florida home
Monday's surprise search and seizure of documents at Mar-a-Lago elicited a forceful reaction from top Republican and conservative officials, many of whom condemned the federal law enforcement agencies, talked openly of retribution and even spoke of defunding them outright, reports dpa news agency.
August 10, 2022 -
US court sides with House in fight over Trump tax returns
But the D.C. Circuit panel wrote that they could only analyse what Neal wrote in his request, not statements by other members of Congress about what they may do with Trump's returns once they have them.
August 10, 2022 -
IT Department finds unaccounted Rs 55 crore during raids on ex-fund manager
The Income Tax Department on Friday said that they carried out a search and seizure operation recently on an ex-fund manager and chief trader of equities of a prominent mutual fund house, along with related sharebrokers, middlemen, and entry operators.
August 5, 2022 -
When will the elite pay their share?
Mental health experts have written volumes that are in the public domain and easily accessible, if anyone at the helm is interested. This is an issue that does not seem to be on the priority list of anyone in the corridors of power.
July 5, 2022 -
Income tax raids premises of contractors; detects tax evasion of Rs 200 crore
The contractors were allegedly routing their unaccounted money through international hawala transactions to certain foreign jurisdictions and also indulging in purchase of benami properties, said a senior officer of the Ministry of Finance here on Thursday.
March 3, 2022 -
Hakim asks KMC officials to clear pension, salary dues
Among several other initiatives announced by the KMC, of late, in a bid to ensure a quick inflow of revenue into its treasury, Mr Hakim today reiterated that to encourage the property tax defaulters to clear their dues, the civic body has waived 50 per cent of the interest amount and 100 per cent of the penalty amount.
January 30, 2022 -
FM authorises release of advance instalment of tax devolution to states
''It also needs to be noted that release from the Government of India of the back-to-back loan amounting to Rs 1.59 lakh crore to state governments in lieu of GST compensation shortfall in FY 2021-22 was completed by the end of October 2021,'' the Finance Ministry said.
January 20, 2022 -
Increase the share in Central taxes for Delhi: Sisodia
Presently, Delhi is receiving only Rs 325 crore for the last 21 years and Sisodia said it is unfair to the Union Territory.
December 31, 2021 -
Over 100 MPs in Pakistan not paying income tax
As many as 161 of 1,170 MPs in Pakistan have not paid tax on their income nor have filed any tax returns.
December 23, 2021 -
Ladakhis protest against toll plazas on roads
Most of these roads don’t come under national highways and are being constructed with local resources. Moreover, the existing national highways are not at par with the standards of other national highways in terms of infrastructure.
December 9, 2021 -
Ford India owes Rs 602 cr as deferred sales tax liability
According to India Ratings, Ford India has strong legal linkages with its ultimate parent, Ford Motor Company that has extended corporate guarantees to 85 per cent of the former's sanctioned working capital facilities at the end of FY21
September 17, 2021 -
GST Council to meet on Friday; rate review, tax concession to 11 COVID drugs
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review tax rate of over four-dozen items,
September 16, 2021