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GST Rolls out Midnight 01 July 2017
GST Rolls out Midnight:- The Goods and Services Tax (GST), India’s biggest tax reform since Independence has been approved sometime ago. GST rolled out officially in the country last night in the Central Hall of the Parliament. Right after the...
Keywords: GST complete bill, GST, GST updates, GST changes
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New PAN allotment norms put on hold 31 January 2014
The Central Board of Direct Taxes (CBDT) today put the decision on hold for new norms in the allotment of new PAN Cards. However the reasons for this decision are not known so far and till further orders, the old...
Keywords: CBDT, CBDT, CBDT, New rules for PAN card
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Govt Makes Aadhar Mandatory To Link It With PAN 28 June 2017
Govt Makes Aadhar Mandatory To Link It With PAN:- The Government has made it mandatory to link existing Aadhaar numbers with the Permanent Account Number (PAN) of tax payers, effective from July 1. Improving the income tax rules and notifying...
Keywords: Central Board of Direct Taxes, UIDAI, Aadhaar-PAN Linking, Central Board of Direct Taxes
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For The Global Competition, KTR Wants The Centre To Help The States 17 November 2021
For The Global Competition, KTR Wants The Centre To Help The States:- Telangana IT and Industries Minister KT Rama Rao suggested that the Centre should financially fund the states fo perform well and participate in the global competition. He suggested...
Keywords: KTR latest updates, KTR new updates, KTR latest updates, KTR video conference
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Rs 257 Cr Cash Recovered From A Kanpur Perfume Trader 27 December 2021
Rs 257 Cr Cash Recovered From A Kanpur Perfume Trader:- Piyush Jain, a Kanpur-based Perfume trader was arrested on Sunday night after raids continued for 120 hours. Cash worth Rs 257 crores has been seized from several locations across the...
Keywords: Piyush Jain, Piyush Jain breaking news, Kanpur perfume trader, Piyush Jain breaking news
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IT releases big tax defaulters 31 March 2015
The Income Tax department of India on Tuesday took to the strategy of 'naming and shaming' of some large tax defaulters as it published names of 18 entities who owe over Rs.500 crore tax to the exchequer."The step is aimed...
Keywords: Goldsukh Trade India Limited, Income Tax Department, Principal Chief Commissioner of Income Tax (Administration), Blue Information Technology Limited
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Telangana Witnesses 20% Growth In State Revenue 05 September 2018
Telangana Witnesses 20% Growth In State Revenue:- Telangana state witnessed a growth of 20.72% till August this year when compared to the period in the last fiscal. The state earned a revenue through GST, petrol, liquor till August which is...
Keywords: State Revenue latest, Telangana taxes, Telangana, Telangana latest news
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Taxpayers to disclose bank accounts, foreign travel to Income Tax dept 18 April 2015
The government notified new forms on Friday that will require the taxpayer to give details of foreign trips, bank accounts, passport and Aadhaar number while filing returns.The new forms, which run into 14 pages, will be applicable from the current...
Keywords: foreign travel, Central Board of Direct Taxes, Central Board of Direct Taxes, income tax
Read More High Court tells Google, Facebook to respect Indian Law 24 August 2013
The Delhi High Court made it clear to Google and Facebook that as long as they are here, they better follow the rules. Our rules. It doesn't matter that the firms are foreign companies, they still have comply with Indian...
Keywords: Delhi Police, Facebook Google income in India, Goolge India operations, Goolge India operations
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No Income Tax Till 7.27 L Per Annum 17 July 2023
No Income Tax Till 7.27 L Per Annum:- A slight relief for the middle class from the central government. Union Finance Minister Nirmala Sitharaman on Friday in Udipi offered tax benefits for middle-class people. They mentioned that government will exempt...
Keywords: Income Tax India latest updates, Income Tax India 2024, Income Tax, Income Tax India latest
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KCR Wants 50% Of The Central Taxes 20 February 2019
KCR Wants 50% Of The Central Taxes:- Telangana Chief Minister KCR requested the 15th Finance Commission on Tuesday requesting them to increase the tax devolution to 50% of the divisible pool from the Central taxes. This can be done by...
Keywords: KCR next, KCR next, KCR latest, 15th Finance Commission
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Pawan Kalyan Asks About Government Imposing Taxes On Hindu Temples 25 November 2019
Pawan Kalyan Asks About Government Imposing Taxes On Hindu Temples:- A video of Chilkur Balaji temple high priest Rangarajan went viral all over after actor turned politician Pawan Kalyan shared it on his social media handle. The video byte is...
Keywords: Pawan Kalyan video, Pawan Kalyan against government, Pawan Kalyan on temples, Pawan Kalyan
Read More Income Tax limit to be pushed 14 June 2014
Here is a good news for all the salaried class people, Narendra Modi government is likely to push the Income Tax exemption limit from Rs 2 to Rs 3 lakh which would leave more money in the hands of people....
Keywords: Income Tax exemption limit, Narendra Modi government, Tax Exemption, Income Tax
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Telangana Wants Hike In Tax Share 04 February 2019
Telangana Wants Hike In Tax Share:- The Government of Telangana decided to demand the 15th Finance Commission to increase the state's tax share to the Centre. Telangana state is keen on asking the commission to allocate the tax share by...
Keywords: Telangana Government, Telangana taxes share, 14th Finance Commission, Telangana Government
Read More Identity proof for PAN is a must 25 January 2014
From February, applicants who want permanent account numbers (PAN) will have to produce original documents related to identification, address and date of birth. According to a statement issued by the Central Board of Direct Taxes (CBDT) anyone applying for allotment...
Keywords: Business News, CBDT, Identity proof for PAN is a must, Business News
Read More Beware: Your restaurant is cheating you on service charges 01 February 2014
Are you being fleeced? How often have you gone to a restaurant and shelled out extra cash on the so-called service tax, service charge and value added tax (VAT) on your original food bill? Restaurant bill in India is highly...
Keywords: service charges in restaurants, Jahgo Grahak Jago, restaurant charging extra, service charges in restaurants
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Indirect Tax Revenue Grows by 22%: All Time High 11 March 2017
The government’s revenue collection during the period April - February from the indirect taxes came up by 22% this year which is a huge surprise. The percentage of direct taxes rose by 10.7%. The total collections by the end of...
Keywords: CIT, Indirect Tax Revenue news, Indirect Tax Revenue news, Indirect Tax Revenue updates
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KCR Hints Of Hike In Property Tax And Power Tariff 13 March 2020
KCR Hints Of Hike In Property Tax And Power Tariff:- Telangana Chief Minister K Chandrasekhar Rao (KCR) today announced that there would be a hike in the property tax and power tariff in Telangana soon. This would be to provide...
Keywords: KCR, KCR, KCR, KCR about property tax
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To avoid taxes in India, Dubai CA files a petition 20 March 2021
To avoid taxes in India, Dubai CA files a petition:- Gaurav Baid, a Dubai-based non-resident Indian (NRI) who is a chartered accountant filed a petition before the Supreme Court of India challenging the Central Board of Direct Taxes (CBDT). A...
Keywords: Gaurav Baid latest updates, Central Board of Direct Taxes breaking news, Central Board of Direct Taxes news, Central Board of Direct Taxes latest circular
Read More Tobacco purchase age limit to be pushed 07 June 2014
The union government is considering to push the Tobacco purchase age limit from 18 to 25 years and currently the Health ministry has asked for recommendations. Based on the recommendations, the Union Health Ministry is likely to report suggestions to...
Keywords: Tobacco purchase age limited to be pushed, Tobacco purchase, age limit for Tobacco purchase, taxes on Tobacco in India
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