Bharat Bandh tomorrow: Several state-based traders' unions and transporters body AITWA have expressed solidarity with CAIT's 'Bharat Bandh' call

26 feb Bharat Band: These protests will be held in 1,500 places demanding the Centre, the state governments and the GST Council take back the 'draconian' GST provisions; The AITWA will also hold a 'Chakka jam' on February 26

The department has laid out norms for Qualified Institutional Party (QIP) intending to form a special purpose vehicle after the financial bid as well as companies, limited liability partnerships (LLPs), funds and individuals having stake in the bidding entity

Stock Market News Updates Today: Airtel, HDFC twins, ICICI Bank, Kotak Mahindra Bank, Infosys, IndusInd Bank and Axis Bank were trading among the top gainers. Today, Sensex hit a record high of 52,235 and Nifty hit a lifetime high of 15,340

On GST compensation, trust is lost. The Centre has cut central schemes in the name of reorganisation. They even cut our devolution, which is a constitutional right. They increased cess and surcharge, said West Bengal Finance Minister Amit Mitra

The government had raised the threshold income for paying tax to Rs 5 lakh in the interim budget of 2019. According to data from the income tax department, there were 8.04 crore individual taxpayers in assessment year 2018-19 of which 5.95 crore filed returns

Thakur says existing laws are inadequate to deal with issue of digital currencies, which is why Centre has formed an inter-ministerial panel, and now bill is being finalised before it'll be sent to Cabinet

According to the new norms, the bank will charge its cardholders each time a transaction fails due to insufficient funds. According to the SBI website, the fee for a failed transaction would be Rs 20 plus GST

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The mega contract will be signed at the Aero India air show in Bengaluru in presence of Defence Minister Rajnath Singh, top brass of the IAF and senior officials of the Hindustan Aeronautics Limited (HAL), they said

Be it extended agri-credit targets, increased provision for rural infrastructure development or the setting up of five fishing economic hubs, captains of India Inc are hoping that these measures would significantly help in stepping up consumption

Experts say the likelihood of a tax hike for tobacco products and cigarettes was low in this year's budget because it was hiked sharply in Budget 2020

Whilst the government's proposals are moving in the right direction, further intervention is the need of the hour to aid significant sectoral growth

In a first-ever paperless budget presented today, FM Sitharaman attributed the success of earlier reforms to AI and data analytics. She also introduced some more much-awaited reforms while promising to smoothen the GST structure. Saloni Roy, Senior Director, Deloitte India breaks down the indirect tax proposals in the Budget and explains whether they have met expectations or not. Watch the video for more.Also Read: Budget 2021: Impetus to affordable housing welcome, more needs to be done, say realtors

Even as government announces measures to generate demand for affordable housing among  first time buyers, real estate sector demands urgent attention on GST issue, liquidity for the industry

Tax buoyancy, which describes the sensitiveness of tax revenue growth to changes in nominal GDP, is expected to touch 1.2 in FY22, marginally lower than 1.3 in FY21 (both tax revenues and GDP are projected to decline)

The government has estimated a total gross tax collection of Rs  22.17 lakh crore in 2021-22, which is lower than last year's Budget estimates of Rs 24.23 lakh crore

Union Budget 2021 gold: Currently, gold attracts 12.5 per cent import duty and 3 per cent GST and total duty and GST implication works out to be 15.5 per cent

The custom duty policy must have twin objectives of promoting domestic manufacturing and helping India get on to global value chain and export better, said Finance Minister Nirmala Sitharaman

Budget 2021: The fiscal deficit of 9.5 per cent in 2020-21 and 6.8 per cent of GDP in 2021-22 crosses the level of global financial crisis. In fact, the numbers are much above the market expectations