Taxes

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: Income Tax Department, Central Board of Direct Taxes (CBDT), Income Tax Department, Blue Information Technology Limited

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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: power tariff hike, KCR about power tariff, power tariff hike, KCR

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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: Telangana taxes, KTR, KTR, KCR

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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 updates, Pawan Kalyan on temples, Rangarajan, Pawan Kalyan against government

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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: Indian taxes, Indirect Tax Revenue, Indirect Tax Revenue updates, Indirect Tax Revenue

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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 news, Income Tax India breaking news, Income Tax India 2023, Income Tax India breaking news

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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: Central Board of Direct Taxes, CBDT, documents for PAN cards, CBDT

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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 petition, Gaurav Baid news, Gaurav Baid news, Gaurav Baid latest updates

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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: Central Board of Direct Taxes, income tax, bank accounts, income tax

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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: PAN Card, New PAN allotment norms put on hold, Tax experts, Business News

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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 taxes share, Telangana latest, Telangana, Telangana

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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 speech, KTR, KTR breaking news, KTR new updates

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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: UIDAI, Central Board of Direct Taxes, IT Department, UIDAI

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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: Telangana, KCR new, KCR updates, NK Singh

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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 taxes, GST rules, GST changes, Goods and Services Tax

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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: Court orders for Google Facebook, Delhi High Court, Indian Contract act, Facebook

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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 latest news, Piyush Jain latest updates, Piyush Jain videos, Piyush Jain latest updates

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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: Budget sessions 2014-15, Narendra Modi government, Income Tax, Narendra Modi government

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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: Health Ministry to increase Tobacco purchase age limit, taxes on Tobacco in India, Tobacco purchase age limited to be pushed, age limit for Tobacco purchase

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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: district consumer forum, district consumer forum, service tax, Impact of High Taxes

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