Tag: Tax

CAIT Urges FM Nirmala Sitharaman To Reduce Taxes On Beverages

New Delhi, NFAPost: Advocating the cause of small retailers like Kirana Stores,…

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Govt To Set Up 16th Finance Commission In 2023 For Centre-state Tax Devolution

The government is likely to set up the 16th finance commission this…

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LS Okays Setting Up Of GST Appellate Tribunal To Solve Disputes

Currently, taxpayers are filing writ petitions before high courts in the absence…

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Direct Tax Collection Fro FY 2023 Up 24.09% At Rs 15.67 Lakh Crore

Direct Tax collection, net of refunds, stands at ₹12.98 lakh crore -…

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Union Budget 2023: Hikes Exemptions For Taxpaying Professionals

New Delhi, NFAPost: Union Finance Minister Nirmala Sitharaman has proposed to increase…

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Centre May Introduce Changes To Capital Gains Tax Rules, Says Report

A task force had recommended changes in indexation benefit rules for the…

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Windfall Tax On Petro Products, Crude Not Ad Hoc: Sitharaman

FM said it is unfair to call windfall tax as ad hoc,…

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GST Rate Hike Comes Into Effect From Today

Mmany household items, hotels, and bank services among other things will get…

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GST Council May Do Away With 5% Rate; Move Items To 3% and 8% slabs: Report

Although various options are under consideration, the Council is likely to settle…

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India’s Tax Collections Touch Record High Of Rs 27.07 Trillion In FY22

Direct taxes, which comprise income tax paid by individuals and corporate tax,…

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