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...
Taxpayers Should Check AIS Quarterly, Report Discrepancies: Finance Ministry
New Delhi- Taxpayers should check their annual information statement every quarter and flag any discrepancies to help curb instances of wrongful HRA deductions, a...
GST Collection At Rs 1.52 Lakh Crore In October, Second Highest Ever
New Delhi- GST revenues registered the second highest collection ever at Rs 1.52 lakh crore in October, reflecting pick up in economic activity in...
CBDT Extends Deadline For Filing TDS For Non-Salary Transactions Till Nov 30
New Delhi- The Central Board of Direct Taxes on Thursday extended the deadline for filing quarterly TDS statement in Form 26Q for the June...