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Total 979 results found. Search for [ Indirect Tax ]

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PTI
September 16, 2018
As many as 44 shareholders of Flipkart, including significant ones like SoftBank, Naspers, venture fund Accel Partners and eBay, had sold their holdings to Walmart.


PTI
September 16, 2018
The government is determined to keep fiscal deficit at 3.3 per cent of GDP on the back of buoyant tax revenues and expectations of surpassing the disinvestment target.


PTI
September 9, 2018
The Centre paid Rs 14,930 crore to compensate states for revenue loss incurred in June and July, a nearly four-fold jump compared to Rs 3,899 crore paid for the months of April and May.


BusinessToday.In
New Delhi, September 5, 2018
Now details such as sales, purchases and input tax credit (ITC) benefits given to them in FY18 have to be provided in a consolidated manner, which would make it easier for the tax authorities to match invoices.


PTI
September 2, 2018
As per the provisions of the I-T law, Walmart has to deduct withholding tax on payments made to sellers and deposit it with the Indian authorities on the seventh day of the subsequent month, which falls on September 7.


BusinessToday.In
August 31, 2018
The buzz is that the Income Tax department stands to make a whopping $2 billion from the $16 billion Walmart-Flipkart deal.


BusinessToday.In
New Delhi, August 30, 2018
The RBI said its balance sheet size increased by 9.49 per cent for the year ended June 30, 2018, which helped shape the monetary and financial conditions during the year.


BusinessToday.In
August 29, 2018
Such analysis was not possible before as the government did not have the data organised in a manner that could allow such comparisons.


BusinessToday.In
August 10, 2018
Finance Minister Piyush Goyal on Thursday said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalises.


BusinessToday.In
August 10, 2018
The Walmart-Flipkart deal is expected to help the government rake in up to Rs 13,700 crore.


Rajesh Kumar
August 8, 2018
Whatever be the source of tax - whether an MNC, a local homegrown company or an individual, the pivot for any successful tax compliance and collection is ensuring a sound set of data and an insight into the taxpayers' journey.


PTI
New Delhi, August 4, 2018
The GST Council on Saturday cleared a proposal to offer cash backs to consumers on trial basis for digital payments through Rupay cards, BHIM app and UPI system to promote cashless transactions in rural and semi-urban areas.


Mudit Kapoor
New Delhi, August 1, 2018
Before he became Prime Minister, Narendra Modi vowed to bring all illicit money stashed away in foreign countries, and promised that poor people in the country would get Rs 15 lakh each.


Joe C Mathew
New Delhi, July 27, 2018
The introduction of the GST and enactment of Insolvency and Bankruptcy Code are considered to be the two key parameters where India made significant progress during 2017/18, say commerce ministry officials.


BusinessToday.In
July 23, 2018
With around 93 per cent of the registered taxpayers set to benefit from the GST Council's decision to allow quarterly return filing for businesses with turnover of up to Rs 5 crore, India Inc not only foresees increased compliance but also improved ease of doing business.


BusinessToday.In
New Delhi, July 21, 2018
In its 28th meeting, the GST Council rationalised tax rates on consumer electronics among other items, while exempting sanitary napkins and small handicraft items from the ambit of the unified indirect tax regime.


Dipak Mondal
New Delhi, July 19, 2018
The verdict raises an important question - should failure to fill truck's details in the e-way bill invite such a harsh punishment?


Dipak Mondal
July 13, 2018
While it's a big relief for both taxpayers as well as tribunals and courts, there is one particular clause in the circular issued by the revenue department that may play spoilsport.


BusinessToday.In
New Delhi, July 13, 2018
Walmart has said that it will fulfil whatever is the regulatory requirement, according to an official aware of the development. The US retail behemoth reportedly added that it will get the tax implication of the deal examined.


Dipak Mondal
New Delhi, July 11, 2018
This increase in the threshold would automatically lead to withdrawal of many pending case under direct and indirect tax litigations.


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