In India, the taxes levied by the government are divided into direct and indirect taxes. The direct and indirect taxes in India are differentiated on the basis of who is ..
The net indirect tax collection in 2020-21 grew 12.3 per cent annually to Rs 10.71 lakh crore, thereby exceeding the target set in revised estimates, the Finance Ministry..
The government's faceless tax assessment scheme will switch back to the traditional physical mode, at least for large taxpayers, as the department is not getting adeq..
The Central Board of Direct Taxes will provide relief to NRIs, foreign visitors facing double taxation for overstaying in India due to lockdown and suspension of internat..
GST collections up 7.4% YoY in Feb’21
* Goods and Service Tax (GST) collections grew at 7.4% YoY, the slowest pace in three months, to INR1.13t in Feb’21 ..
Members of clubs, including sporting bodies and professional institutions will now have to fully comply with tax regulations and pay GST for any goods and service t..
The Confederation of All India Traders (CAIT) on Sunday said that it will soon release a white paper on the state of Goods and Services Tax (GST) regime in the country.
The direct tax dispute resolution scheme 'Vivad se Vishwas' brought by the Centre in March last year has helped tax dispute settlement worth over Rs 97,000 crore...
The government was pushed into putting restrictions on tax free interest earnings on employees' contribution to various provident funds in this year's Budget afte..
The Finance Ministry has accepted the 15th Finance Commission's recommendation to share 41 per cent of the net proceeds of Union taxes with the states against the cur..
From an equity perspective, no new tax measures, focus on capital spending to boost infrastructure spend are the key positives, as per a post Budget note by IDFC Mutual F..
NEW DELHI - India's finance minister on Monday proposed tax benefits for foreign aircraft lessors, as one of the world's fastest-growing domestic aviation m..
Rupee strengthens against US dollar on Tuesday
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