Prepacked, Labelled Cereal, Pulses, Flour Weighing Up To 25kg To Attract 5% GST From...
NEW DELHI- The Central Board of Indirect Taxes and Customs (CBIC) on Sunday said single packages of food items like cereals, pulses and flour...
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...
GST Council To Consider Decriminalisation Of GST Law In Dec 17 Meet
NEW DELHI- The GST Council in its next meeting is likely to discuss the decriminalisation of offences under GST law, along with raising the...
Tax On Windfall Profit On Crude Oil, Export Of Diesel, ATF Hiked
New Delhi- The government on Saturday hiked windfall tax on domestically produced crude oil by more than a third while doubling the rate on...
RBI Wants Govt To Prohibit Cryptocurrencies: Sitharaman
New Delhi- Finance Minister Nirmala Sitharaman on Monday said the RBI has expressed concerns over cryptocurrencies saying that they should be prohibited as they can...
Net Direct Tax Mop-Up Rises 45% To Over Rs 3.39 Lakh Cr Till Mid-Jun
New Delhi- The net direct tax collections till mid-June this fiscal increased 45 per cent to over Rs 3.39 lakh crore, buoyed by decent...
Govt to refund over Rs 8000 cr under new taxation laws: CBDT chairperson
New Delhi: The government will refund over Rs 8,000 crore to four companies, including Cairn Energy and Vodafone, after the Taxation Laws (Amendment) Bill...
Taxpayers Can Now File Applications For Advance Ruling Through E-Mail: Finance Ministry Notifies Scheme
NEW DELHI- The finance ministry has notified the 'e-advance rulings Scheme', enabling taxpayers to file their application for advance ruling through e-mail, a move...
Export Duty On Steel, Iron Ore Cut; Tax On Some Raw Material Imports Hiked
New Delhi- The government has cut the export duty on steel products and iron ore with effect from Saturday in order to provide a...
Charlie Lee Resigns From Coinbase to Focus on Litecoin
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or...