IT Dept goes data hunting for tax defaulters; many cos, individuals get notices
The Income Tax (IT) Department has taken up data analysis to identify tax defaulters with a renewed data sharing agreement […]
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GST shortfall: Punjab, Bengal, others to choose Option 1, Kerala demurs
The opposition to the Centre’s formula for bridging the states’ estimated, large goods and services tax (GST) shortfall in FY21
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Gujarat High Court to relook at GST on intermediaries
The controversy around levying Goods and Services Tax on intermediaries has come back to the fore and the Gujarat High
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Open to imparting more stimulus to economy: FM Sitharaman
Finance minister Nirmala Sitharaman on Monday indicated that the government might unveil another round of economic stimulus at an appropriate
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CBDT reiterates tolerance range under transfer pricing rules
The Central Board of Direct Taxes (CBDT) on Monday reiterated tolerance range of 1-3% under transfer pricing rules for the
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Centre said to ask at least eight PSUs to consider buy-backs
India has asked at least eight state-run companies to consider share buy-backs in the fiscal year to March 2021, two
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Duty-remission scheme for exports to start with 3 sectors
The new Remission of Duties or Taxes on Export Products (RoDTEP) scheme for exporters is being readied on priority basis
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CBI books six customs officers in Bengaluru in gold missing case
The CBI has booked six customs officials in connection with the alleged disappearance of gold weighing 2.6 kg from a
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Raise GST borrowing to Rs 1.83 trillion, Kerala CM writes to FM Sitharaman
The Opposition-ruled states are in a huddle over the Centre’s revised proposal to meet goods and services tax (GST) compensation
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Kerala FM: Centre should take initiative in settling GST borrowing quantum issue
Kerala Finance Minister Thomas Isaac on Monday asked the central government to take initiative in settling the issue of quantum