Key Changes In Capital Gains Tax Structure On The Anvil
New Delhi- The Finance Ministry is looking at rationalising long-term capital gains tax structure by bringing parity between similar asset classes and revising the...
About Rs 400 Cr Tax Deposited By Filing Updated ITRs So Far
New Delhi- The recently introduced provision of allowing taxpayers to update their tax returns has seen as many as 5 lakh re-filings with about...
PHDCCI Suggests 2-Yr Tax Holiday For Covid-Hit Businesses
New Delhi- Industry body PHDCCI on Tuesday suggested a two-year tax holiday for businesses like hotels and cinema theatres, which were hit hard by...
Ministers’ Panel May Recommend 28% GST On Online Gaming, Tweak In Calculation Method
New Delhi- The panel of state finance ministers is likely to recommend a uniform GST levy of 28 per cent on online gaming irrespective...
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...
Govt To Increase Levy For Regional Air Connectivity Scheme From January 1
New Delhi- The government will increase the regional air connectivity levy charged from airlines operating on major routes to Rs 10,000 per departure from January 1, a...
Budget 2023 May Tweak Capital Gains Tax Regime
New Delhi- The Budget may tweak capital gains taxes levied on equity, debt and immovable property to bring parity in varied tax rates and...
Centre Ready To Bring Fuel Under GST: Petroleum Minister Puri
Srinagar- The Centre is ready for bringing petrol and diesel under the GST regime but it is unlikely that the states will agree to...
Better Tax Collection To Help Meet FY23 Fiscal Deficit Target Of 6.4%: Report
Mumbai- The Centre is likely to meet the key fiscal targets led by the deficit getting contained at the budgeted target of 6.4 per...
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...