Govt To Review New Taxes Levied On Crude, Diesel, ATF Every Fortnight: FM

New Delhi- Finance Minister Nirmala Sitharaman on Friday said the government will review every fortnight the new taxes levied on crude, diesel and ATF...

Govt Earned Over Rs 8 Lakh Crore From Taxes On Petrol, Diesel In Last...

NEW DELHI- The Centre earned nearly Rs 8.02 lakh crore from taxes on petrol and diesel during the last three fiscal years, of which...

Refunds: IT Dept Asks Taxpayers To Send Online Response For Ay 20-21

New Delhi (PTI): The Income Tax Department has urged taxpayers to "quickly" send an online response so that their pending refunds for assessment year...

Net Direct Tax Collection Grows 19 Pc So Far In FY’24 To Rs 14.70...

New Delhi- The net direct tax collection so far this fiscal rose 19.41 per cent to Rs 14.70 lakh crore, reaching about 81 per...

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...

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...

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...

Tax Revenue Marks Over 31% Increase During 2021-22 In J&K: CAG

Jammu- The tax revenue in Jammu and Kashmir touched Rs 11,707.28 crore in 2021-22 compared to Rs 8,876.99 crore in the previous year, marking...

GST Evasion Of Rs 55,575 Crore Detected In Last 2 Years, 719 Persons Arrested

NEW DELHI- GST authorities have detected GST fraud of Rs 55,575 crore over the last two years and arrested over 700 persons for causing...

Centre Releases ₹ 1.40 Lakh Crore Tax Devolution Sum To States

New Delhi- The government has released the 14th instalment of tax devolution of more than ₹ 1.40 lakh crore to states. "The Union Government has released 14th instalment...