Govt Hikes Windfall Tax On Crude Oil, Export Of Diesel, ATF
NEW DELHI- The government has raised the windfall profit tax levied on domestically produced crude oil as well as on the export of diesel...
Govt Retains 7.1% Interest Rate On GPF For Q4
New Delhi- The government on Tuesday kept the interest rate unchanged at 7.1 per cent for the subscribers of the General Provident Fund and...
GST Collection In J&K Up By 28% In December
SRINAGAR- The Union Territory of Jammu and Kashmir has registered a substantial growth in collection of Goods and Services Tax (GST) in the month of...
GST Revenues Grow 15% To Nearly Rs 1.50 Lakh Cr In Dec
New Delhi- The collections from Goods and Services Tax (GST) grew by 15 per cent to over Rs 1.49 lakh crore in December 2022,...
Corporate Tax To GDP Ratio Exceeds 3% After Two Years In FY’22
New Delhi- Corporate tax collections exceeded 3 per cent of the GDP after a gap of two years in 2021-22, reflecting overall improvement in...
GST Not Payable On House Rented To Proprietor For Residential Purpose: CBIC
New Delhi- From January 1, GST would not be payable on housing units rented to the proprietor of a proprietary concern for residential usage...
EPFO Will Offer Higher Pension To Eligible Subscribers
New Delhi- Retirement fund body EPFO has asked its field offices to provide an option for higher pension to eligible subscribers in accordance with...
Adani Takes Control Of NDTV, Buys Promoters’ Stake At 17% Premium To Open Offer...
New Delhi- Adani group on Friday gained full control of news broadcaster NDTV after it acquired most of the stake of founders, Prannoy Roy...
Unregistered Persons Can Claim Tax Refunds For Cancelled Contracts On GST Portal
NEW DELHI- Unregistered persons can claim Goods and Services Tax refunds for cancelled contracts or premature termination of insurance policies by obtaining temporary registration...
Govt Tweaks GST Rules For Claiming Input Tax Credit
New Delhi- GST taxpayers will be required to reverse by November 30 the input tax credit (ITC) claimed in the last fiscal in case...