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Total 1814 results found. Search for [ Indirect tax ]

Results 1 to 21 of 1814
BusinessToday.In
New Delhi, April 15, 2021
Technology, especially its tools such as data analytics and artificial intelligence, is ending the heydays of exploiting information gaps to hide income from the taxman. Tax authorities are detecting mismatches in tax returns using tonnes of information about large transactions from banks, mutual funds, companies issuing shares, stamp and registration departments of states and sounding alerts about possible tax evasion, with different wings of the revenue department, direct tax, indirect tax and customs sharing data. However, the nationwide drive to find evaders has also given a free hand to corrupt officials to exploit the system with arbitrary notices and demands. Small and large businesses are at the receiving end of the taxman's hounding, threats and at times even violence. Watch the video for more.Also Read: Indirect tax collection rises 12.3% to Rs 10.7 lakh cr in FY21


Joe C Mathew and Nidhi Singal
New Delhi, April 14, 2021
The Production Linked Incentive Scheme aims to build an Indian manufacturing base across 13 key sectors. What works. What doesn't


BusinessToday.In
April 13, 2021
The record high excise duty on petrol and diesel \"partly\" helped the government rake in 59 per cent more indirect tax collections in financial year 2020-21 as compared to the previous fiscal


BusinessToday.In
April 13, 2021
Saying that the second wave presents a risk to India's growth forecast, Moody's said the Indian economy is still likely to grow in double-digits in 2021.


BusinessToday.In
April 13, 2021
GST collection on account of GST of Centre (CGST+IGST+ compensation cess) during FY21 is Rs 5.48 lakh crore compared to Rs 5.99 lakh crore in FY21


BusinessToday.In
April 1, 2021
March GST receipts were more than Rs 10,000 crore higher than the February 2021 collection of Rs 1.13 lakh crore and the highest since the introduction of the indirect tax regime


Rajeev Dubey
New Delhi, March 31, 2021
If India's tax- to-GDP ratio of 17.7 per cent has to get anywhere near developed countries' 25-35-36 per cent, those who should pay taxes must be brought under the tax net. But that's easier said than done


Dipak Mondal
New Delhi, March 31, 2021
As tech helps tax authorities check evasion and fraud, taxpayers complain of harassment and misuse of powers


BusinessToday.In
March 23, 2021
On the status of e-way bill generation, Thakur told the Upper House that 62.87 crore and 57.75 crore e-way bills were generated in FY 2019-20 and FY 2020-21 (till March 14, 2021), respectively


BusinessToday.In
March 21, 2021
The finance ministry says neither the government nor the CBIC has issued instructions to their field formations regarding the use of \"unauthorised communication means\" to achieve GST revenue collection targets for the fiscal year


Dipak Mondal
March 19, 2021
GST officers are using unauthorised communication means such as phone calls, WhatsApp and messages to demand 'maximum tax liability' in 'cash' from taxpayers


Ashutosh Kumar
March 5, 2021
GST collections had plummeted by more than 50 percent year on year (YoY) during the lockdown months of April and May last year


Chitranjan Kumar
February 27, 2021
New curbs on movement of people or restrictions on businesses are a risk to the nascent recovery, given that gains in Q3 FY21 probably came from the reopening of the economy, says SBI Ecowrap report


Manoj Sharma
February 25, 2021
There is a need for coordinated action between centre and states to reduce taxes because there are indirect taxes levied both of them, says RBI Governor Shaktikanta Das


Ashutosh Kumar
February 24, 2021
Indian shipping companies are subject to 5 per cent GST if an overseas consignor appoints them for import cargo transportation but if the consignor appoints a foreign shipping line for the same service, GST is not applicable as the shipping company is not registered in India


BusinessToday.In
February 22, 2021
Although banks have bolstered their capital buffers in comparison to the global financial crisis, the stress in the financial sector's balance sheets could intensify, noted MPC member Michael Debabrata Patra


Vivek Punj
February 22, 2021
Taxes levied by the Centre and states constitute more than half of petrol and diesel prices, accounting for 60 per cent of the retail cost of the former and 54 per cent of the latter


Anand Adhikari
February 19, 2021
The RBI working paper co-authored by RBI Deputy Governor Michael Debabrata Patra,  who is also a member of the six-member monetary policy committee has recommended that maintaining the inflation target at 4 per cent is appropriate for the country


PTI
February 18, 2021
The Confederation of All India Traders (CAIT) said dharnas (protests) will be held nationwide in 1,500 places demanding the Centre, state governments and the GST Council to keep in abeyance the \"draconian\" provisions of GST


PTI
February 14, 2021
The Central Board of Indirect Taxes and Customs (CBIC) has issued an SOP for suspension of registration of a person on the observance of such discrepancies/anomalies which indicate violation of the GST Act


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