The Supreme Court on Wednesday upheld the retrospective levy of 28 per cent GST on online gaming bets, holding that the tax was constitutionally valid and did not violate the constitutional framework governing Goods and Services Tax.
The initiative aims to simplify the tax system, maximise the use of technology, and promote ease of doing business.
Diversification of revenue streams has emerged as a critical buffer for brokerage firms amid rising regulatory and tax-related headwinds, according to a report by Crisil Ratings.
India's tax collections could surge in FY27, with gross tax buoyancy rising to 1.1 from a projected 0.64 in FY26, a report said on Wednesday.
Krishnagar Municipality has rolled out a comprehensive public awareness drive combining civic discipline, citizen convenience, and digital accountability, signalling a renewed push towards cleaner streets, timely tax compliance, and streamlined municipal services.
The company's reported expenses at Rs 14,249 crore in the reported quarter, which is lesser than Rs 14,254 crore incurred in the year-ago period.
The GST Council (Goods and Service Tax) recently announced a bewildering array of extra tax rates for popcorn, sparking an understandable backlash among economists, businesses, and consumers alike.
President Donald Trump has announced to establish the External Revenue Service to "tariff and tax foreign countries" instead of taxing US citizens.
India's fiscal deficit is expected to shrink further, on the back of growing tax revenues, according to a World Bank report.
Justin Trudeau’s resignation as Canada’s Prime Minister marks the close of an era that began with immense hope but ended amid growing challenges and dissatisfaction.
