Petrol To Be Cheaper By Rs 8 Per Litre In Delhi As AAP Govt...
New Delhi- The Delhi government on Wednesday decided to reduce the VAT on petrol, bringing down the price of the fuel in the city...
GST Mop Up In Nov At Rs 1.31 Lakh Cr, Second Highest Since Rollout
New Delhi- Goods and Services Tax (GST) collections jumped to over Rs 1.31 lakh crore in November, the second highest since its implementation in...
Centre Releases Rs 95,082 Cr To States As November Tax Devolution
New Delhi- The Centre has released two instalments of tax devolution to the states amounting to Rs 95,082 crore in November, the Finance Ministry...
Finance Minister Sitharaman Inaugurates Income Tax Office In Srinagar
Srinagar- Union Finance Minister Nirmala Sitharaman on Monday inaugurated 'The Chinars', Aayakar Bhawan-cum-residential complex, the first permanent establishment of the department of income tax in...
14 Companies Approach Govt To Settle Retrospective Taxation Cases: Revenue Secy
New Delhi- As many as 14 companies against whom retrospective tax demands were raised have approached the government to settle cases, Revenue Secretary Tarun...
Govt To Change Tax Laws In Budget To Tax Cryptocurrency Gains
New Delhi- The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could...
States To Forego Rs 44,000 Crore From VAT Reduction On Fuels: Report
MUMBAI- The states will forego around Rs 44,000 crore of tax revenue after they reduced VAT on petrol and diesel in the remainder of...
Over 2.38 Cr ITRs For FY21 Filed: I-T Dept
New Delhi- Over 2.38 crore income tax returns have been filed for 2020-21 fiscal so far, the I-T department said on Tuesday.
Of this, over...
Total Tax On Petrol Down To 50%, Diesel To 40% After Excise Duty Cuts
New Delhi- The total incidence of taxes on petrol has come down to 50 per cent and that on diesel to 40 per cent following...
Excise Duty Cut On Fuel To Cost Rs 45,000 Crore To Exchequer: Report
New Delhi- The excise duty cuts on diesel and petrol will cost the exchequer Rs 45,000 crore and lead to a 0.3 percentage point...