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"tax"

  • Swiggy faces tax demands worth over Rs 165 crore, says no major financial impact

    The total tax demand stands at over Rs 165 crore. In a regulatory filing on Saturday, Swiggy said it received an order from the Office of the Profession Tax Officer in Pune, demanding Rs 7.59 crore.
  • Trump vows reciprocal tax, accuses India of highest tariffs

    "One of the key elements of my plan to make America extraordinarily wealthy again is reciprocity. It's a crucial word because we generally don’t impose tariffs. I started addressing this with vans and small trucks, and it was great progress. Meanwhile, China imposes a 200 percent tariff on us, Brazil is also a heavy charger, but the highest tariffs come from India," Trump stated during a major economic policy speech in Detroit.
  • Commercial Tax wing raids outlets of prominent liquor store in Hyderabad

    Teams from the Commercial Tax wing conducted raids at outlets of a prominent liquor store in Hyderabad following complains of tax evasion
  • Tax department extends ITR filing deadline for charitable trusts by a month till Nov 30

    Income Tax Department has extended the income tax return filing deadline for charitable trusts, religious institutions and professional bodies
  • Trump vows reciprocal tax on India if elected to power

    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.
  • Direct tax collections rise 16 pc to Rs 6.53 lakh crore so far this fiscal

    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
  • Niti Aayog looking at tax related issues of engineering, leather and textile sectors

    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
  • Over 5 crore ITRs filed for 2022-23 fiscal so far

    Over 5 crore tax returns have been filed for income earned in the 2022-23 fiscal, which ended March 31
  • Direct tax collection rises 11 per cent to Rs 3,79,760 crore

    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
  • Warangal Municipal Corporation launches digital barcodes for tax payments

    This groundbreaking initiative, said to be a first in the State, aims to simplify the tax payment process and alleviate the burden on taxpayers.
  • ‘Marginal relief’ to taxpayers under tax regime

    The Finance Bill 2023, passed by the Lok Sabha on Friday, has proposed a marginal relief to taxpayers under new tax regime
  • Transport vehicles default on Rs 6.89 cr tax in Jagtial

    Several transport vehicle owners in Jagtial are operating vehicles avoiding tax payment
  • British Indian asked to pay back Rs 5.9 cr in unpaid tax

    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.
  • Over 2000 youth urge PM and FM to increase taxes on tobacco products on National Youth Day

    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.
  • Assam commercial tax officials meet Chief Secretary Somesh Kumar

    Chief Secretary Somesh Kumar has stated that there has been a paradigm shift in the commercial tax administration in the State
  • Japan govt’s new campaign to boost alcohol sales receives criticism on social media

    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 […]
  • TRS takes out rally opposing GST on dairy products in Adilabad

    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 […]
  • Calculate the amount of tax to be paid in these questions

    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 […]
  • Early Bird turns lucky charm for GHMC

    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 […]
  • ‘Tax on digital assets positive step for crypto industry’

    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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