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Total 1814 results found. Search for [ Indirect tax ]

Results 20 to 40 of 1814
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


Dipak Mondal
February 9, 2021
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


Saloni Roy
February 2, 2021
This year's budget was in the midst of the pandemic, but stayed on the path of 'AtmaNirbhar Bharat Abhiyan' that supplements the Make in India vision of the government


Amarjeet Singh
February 2, 2021
Whilst the government's proposals are moving in the right direction, further intervention is the need of the hour to aid significant sectoral growth


BusinessToday.In
New Delhi, February 1, 2021
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


Mukesh Butani
February 1, 2021
Substantial changes have been introduced in relation to Tax Dispute Resolution mechanism to impart greater efficiency, transparency and accountability by eliminating interface to the extent technologically feasible by optimising utilisation of resources and introducing dynamic jurisdiction


Bhavik Damodar
February 1, 2021
There is a renewed investment focus across infrastructure sectors including railways, healthcare, water and waste, urban infrastructure, roads and highways, city gas, dedicated freight corridors and infrastructure for hydrogen energy production and fishing, ship recycling hubs


Sumant Banerji
February 1, 2021
Union Budget 2021-22 news: The government has imposed a steep agriculture infrastructure and development cess (AIDC) of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel but has cushioned it with a commensurate reduction in excise duty on the two fuels to not burden consumers


BusinessToday.In
February 1, 2021
In a major move, FM Sitharaman reduced the time limit for reopening of income tax assessment cases to three years from six years, while for serious tax fraud cases where concealment of income is Rs 50 lakh or more it would be 10 years


BusinessToday.In
February 1, 2021
Several experts are of the view that the sector may take 3-4 years to fully recover and are expecting the Centre to grant long pending demand for industry status to the sector as well as lower GST rates, thereby giving direct relief, particularly to hotels


BusinessToday.In
February 1, 2021
Union Budget 2021 Highlights: Congress leader P. Chidambaram said that the government had only marginally raised health funding, which when adjusted to inflation becomes nil


BusinessToday.In
February 1, 2021
Finance Minister Nirmala Sitharaman says preparation of this Budget was taken under circumstances like never before


BusinessToday.In
February 1, 2021
Budget 2021: It is expected that Finance Minister Nirmala Sitharaman would offer clarifications on these ambiguities in her third Budget Speech. These announcements will be closely watched by global tech giants, who have expressed their reservations over the digital tax


BusinessToday.In
February 1, 2021
Budget 2021: In last year's budget, the government had done away with around 70 of over 100 income tax deductions and exemptions to simplify the tax system


BusinessToday.In
February 1, 2021
ccording to EY, the industry expects Budget to offer price support in the form of Goods and Service Tax (GST) exemption from regulatory payments such as license fee and spectrum usage charges (SUC)


BusinessToday.In
February 1, 2021
The $854 billion Indian retail sector, which is slowly getting back on track with the opening up of the economy, expects budget to prioritise growth-oriented policies and measures to boost the local economy and help revive retail, saving millions of jobs


BusinessToday.In
February 1, 2021
The Institute of Chartered Accountants of India (ICAI) has recommended the government to double the Public Provident Fund (PPF) contribution limit to Rs 3 lakh from Rs 1.5 lakh


BusinessToday.In
February 1, 2021
The taxpayer, including individuals and businesses, is expecting government to not impose any new or additional tax, or cess for businesses in the upcoming Budget as the pandemic has already adversely affected all businesses, whether it is big or small


Dipak Mondal
January 31, 2021
Of the total GST collection, CGST is Rs 21,923 crore, SGST is Rs 29,014 crore, IGST is Rs 60,288 crore (including Rs 27,424 crore collected on import of goods) and Cess is Rs 8,622 crore


Rajeev Singh | Anish Mandal
January 31, 2021
If an incentive-based scrappage policy is adopted in the Budget 2021, it shall boost demand for new vehicles while helping the government achieve its targets for reducing carbon emissions


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