Corporate Tax To GDP Ratio Exceeds 3% After Two Years In FY’22

New Delhi- Corporate tax collections exceeded 3 per cent of the GDP after a gap of two years in 2021-22, reflecting overall improvement in...

GST Not Payable On House Rented To Proprietor For Residential Purpose: CBIC

New Delhi- From January 1, GST would not be payable on housing units rented to the proprietor of a proprietary concern for residential usage...

EPFO Will Offer Higher Pension To Eligible Subscribers

New Delhi- Retirement fund body EPFO has asked its field offices to provide an option for higher pension to eligible subscribers in accordance with...

Adani Takes Control Of NDTV, Buys Promoters’ Stake At 17% Premium To Open Offer...

New Delhi- Adani group on Friday gained full control of news broadcaster NDTV after it acquired most of the stake of founders, Prannoy Roy...

Unregistered Persons Can Claim Tax Refunds For Cancelled Contracts On GST Portal

NEW DELHI- Unregistered persons can claim Goods and Services Tax refunds for cancelled contracts or premature termination of insurance policies by obtaining temporary registration...

Govt Tweaks GST Rules For Claiming Input Tax Credit

New Delhi- GST taxpayers will be required to reverse by November 30 the input tax credit (ITC) claimed in the last fiscal in case...

LIC May Look At Composite Licence After Passage Of Insurance Laws (Amendment) Bill

New Delhi- The country's largest insurer LIC may take a call on composite licence clause after the passage of Insurance Laws (Amendment) Bill in...

Buoyant Tax Collections Cushion Govt On Fiscal Front; ITR Reforms Likely

New Delhi- Riding on the back of a 26 per cent surge in tax collections, the government is set to unveil the next set...

ESIC Scheme Adds 11.82 Lakh New Members In Oct

New Delhi- Around 11.82 lakh new members joined the ESIC-run social security scheme in October 2022, according to official data released on Friday. The data...

Govt Examining SC Order On Employees’ Pension Scheme: Union Minister

New Delhi- The government on Thursday said it is examining a Supreme Court judgement which upheld Employees' Pension (Amendment) Scheme, 2014 and allowed employees...