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Teams from the Commercial Tax wing conducted raids at outlets of a prominent liquor store in Hyderabad following complains of tax evasion
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Income Tax Department has extended the income tax return filing deadline for charitable trusts, religious institutions and professional bodies
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Since his time as president in 2019, Trump has consistently urged India to eliminate the export duty on Harley Davidson motorcycles, pointing to the import tariff.
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Gross direct tax collection grew 15.73 per cent to Rs 6.53 lakh crore till August 10 in the current fiscal, the Income Tax department said
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Industry representatives of leather and engineering sectors said that they have shared a list of GST and inverted duty structure-related issues with the Niti Aayog
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Over 5 crore tax returns have been filed for income earned in the 2022-23 fiscal, which ended March 31
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Direct tax collections for 2023-24, as on June 17, stood at Rs 3,79,760 crore, compared to Rs 3,41,568 crore in the corresponding period
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This groundbreaking initiative, said to be a first in the State, aims to simplify the tax payment process and alleviate the burden on taxpayers.
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The Finance Bill 2023, passed by the Lok Sabha on Friday, has proposed a marginal relief to taxpayers under new tax regime
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Several transport vehicle owners in Jagtial are operating vehicles avoiding tax payment
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In one of Scotland's largest ever tax settlement cases, Goljar Singh of East Lothian was tracked by police after several of his bank accounts were detected as having received large cash deposits, the Daily Record reported.
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According to the youth groups, increasing excise on all tobacco products can be a very effective policy measure to address the immediate need to raise revenue by the central government.
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Chief Secretary Somesh Kumar has stated that there has been a paradigm shift in the commercial tax administration in the State
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The Japanese government’s new campaign “Sake Viva!” has triggered quite a debate on social media platforms. Citizens of Japan are letting their dissent known on social media, with many criticizing the new scheme. Japanese authorities asked its citizens to consume more alcohol as the country is experiencing a constant decline in alcohol sales and revenue […]
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Adilabad: Activists of Telangana Rashtra Samithi (TRS) took out a rally in protest of the union government’s decision to impose Goods and Service Tax of 5 percent on dairy products, here on Wednesday. Led by Adilabad municipal chairperson Jogu Premender, scores of members of TRS gathered at Telangana Chowk and raised slogans against the Centre […]
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This article is in continuation to the last article focusing on the percentage topic. Here are some practice questions along with solutions that will help you in your preparation for the State government recruitment jobs. 1. Arun’s income is 150% of Bala’s income and Chandu’s income is 120% of Arun’s income. If the total income […]
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Hyderabad: For the first time since it was initiated, collections of the Early Bird scheme of the Greater Hyderabad Municipal Corporation have crossed Rs 600 crore, with the civic body now hoping that the scheme will add around Rs 700 crore to the corporation’s coffers this year. So far, the highest tax collection under the […]
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Hyderabad: The announcement in the union Budget 2022-23 of introducing flat 30 per cent taxation on income from crypto and digital assets is being seen as a welcome move for innovators and experts working in this field. In her speech, Finance Minister Nirmala Sitharaman said, “There has been a phenomenal increase in transactions in virtual […]
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In a tweet, Jayapal said: "Elon Musk made $36 billion in one day, but wants to brag about paying an $11 billion tax bill. Oh yeah, he also added more than $270 billion in wealth just since the pandemic started.
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Hyderabad: Will inclusion of petrol and diesel in the GST regime bring down fuel prices? Industry experts say that the fuel prices would come down if petrol and diesel were included in the GST regime, benefitting the customers. But such a move is fraught with the danger of leading to a severe shortfall in the […]