Rs 500 Crore Hidden Income Found In Raids On Gujarat Group: Tax Dept
New Delhi- Unaccounted transactions of over ₹ 500 crore have been detected after the Income Tax Department last month raided a Gujarat-based group engaged...
Income Tax, CGST Deptts Conducts Outreach Initiative
SRINAGAR- Continuing the Outreach initiative of the Ministry of Finance, Govt of India, the Central Goods & Services Tax (CGST) Department, in collaboration with...
Income Tax Refunds Of Over Rs 1.29 Lakh Cr Issued Between April-Nov 2021
NEW DELHI- The income tax department on Wednesday said it has issued refunds of over Rs 1.29 lakh crore in 8 months of the...
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...