Govt Actively Studying Duties Levied On Steel Exports
New Delhi- The government is actively studying the issue of export duty which was imposed on certain grades of steel in May this year.The...
Windfall Tax On Domestic Crude Oil Cut
New Delhi- The government on Friday cut the windfall profit tax on locally-produced crude oil in line with a fall in international rates, and...
India Plans To Replace Toll Plazas With Auto Number Recognition System
New Delhi- Union minister Nitin Gadkari on Tuesday said that the government is conducting pilot projects to replace toll plazas with automatic number plate recognition...
Direct Tax Collection Surges By 35% To Rs 6.48 Lakh Cr
New Delhi- Direct tax collection, including personal income tax, rose by 35.46 per cent to Rs 6.48 lakh crore in the current fiscal up...
I-T Refunds Of Rs 1.14 Lakh Crore Issued Between April-August
NEW DELHI- The Income Tax department has issued refunds of over Rs 1.14 lakh crore in the first five months of this fiscal.“CBDT (Central...
Taxmen Can Launch Prosecution In Cases Of Over Rs 5 Crore GST Evasion
NEW DELHI- GST officers can now launch prosecution against offenders in cases where the amount of evasion or misuse of input tax credit is...
GST Collection Rises 28% To Rs 1.43 Lakh Cr, Festive Season To Drive Mop-Up
New Delhi- India's tax collection from the sale of goods and services soared 28 per cent to Rs 1.43 lakh crore in July aided...
I-T Dept Going Into New Areas To Check Tax Evasion: CBDT Chairman
New Delhi- The Income-Tax department is going into "new areas" of the economy to check tax evasion even as its investigation units are using...
I-T Dept Collects Rs 28-Cr In Taxes From New ITR-U Filing
New Delhi- The Income-tax department has collected around Rs 28 crore in taxes after about 1 lakh returns were filed by taxpayers under the...
No Consideration To Levy Any Charges For UPI Services: Finance Ministry
New Delhi- The Finance Ministry on Sunday said United Payments Interface (UPI) is a digital public good and there is no consideration in the...