Coronavirus Tax
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Bhutan Lowers Daily Tourist Tax For Visitors, But There Is A Catch
Under the new rule, the incentive applies only to tourists who pay in dollars, rather than in rupees, according to Bhutan's Department of Tourism.
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Nearly 50% Jump In Direct Tax Collections This Year; Highest On Record Says CBDT Chief
Tax collections from personal and corporate income jumped nearly 50 per cent in the current fiscal year so far, with over a 40 per cent surge in advance tax payments, underscoring a healthy economic recovery from the pandemic spanning two waves of coronavirus infections.
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Deadline To File Income Tax Returns Extended To December 31
The deadline for filing Income Tax returns has been extended till December 31, the government said on Thursday, amid the coronavirus pandemic and persistent technical problems with its website.
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Tax Relief On Money Received For Covid Treatment From Employers
The government on Friday extended deadlines for various income tax compliances and said the amount paid by an employer to employees for COVID-19 treatment would be tax-exempt.
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Poor Frontline Workers Hit by Rising Fuel Prices
People in India have been hit hard by record high fuel prices, having risen by a third in the 15 months since Coronavirus hit the country.
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Why Tax Vaccines, Nirmala Sitharaman Explains After Mamata Banerjee Note
Finance Minister Nirmala Sitharaman on Sunday said that a 5 per cent tax on vaccines and 12 per cent on medicines and oxygen concentrators was necessary to keep costs low, after a new appeal by West Bengal Chief Minister Mamata Banerjee.
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"Exempt Oxygen Tanks, Covid Medicines From Taxes": Mamata Banerjee To PM
Bengal Chief Minister Mamata Banerjee wrote to Prime Minister Narendra Modi on Sunday, asking for tax waivers on the import of medicines and equipment needed to fight the COVID-19 pandemic
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Government Cuts Tax On Oxygen Concentrators For Personal Use
The government on Saturday slashed Integrated GST rate on oxygen concentrators for personal use to 12 per cent, from 28 per cent earlier, for two months till June 30.
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Delhi Will Need Oxygen If Supply (Taxes) Stopped (From Maharashtra): Sena
The Shiv Sena on Monday slammed BJP leaders Devendra Fadnavis and Pravin Darekar for objecting to Mumbai police's grilling of a pharma firm's top executive over alleged stocking of Remdesivir vials.
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UK Finance Minister Rishi Sunak Extends Covid Rescue Plan, Companies To Pay More Tax
Finance minister Rishi Sunak announced a costly extension of his emergency aid programmes to see Britain's economy through its current coronavirus lockdown, but announced a tax hike for many businesses as he began to focus on fixing the public finances.
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Budget: Focus On Health, Farmers, Polls; Relief For Seniors Above 75
Finance Minister Nirmala Sitharaman, announcing Budget 2021 aimed at reviving an economy badly hit by the coronavirus pandemic, said the country's healthcare spending would be doubled to Rs 2,23,846 crore and added that 35,000 crore would be spent on Covid vaccines. Capital expenditure will be increased to Rs 5.54 lakh crore, which is around 34 pe...
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Budget 2021: 5 Key Numbers To Watch In Nirmala Sitharaman's Budget
Budget 2021: India's tax collection has shown an uptick lately as momentum builds in the economy following the lifting of lockdowns to combat the coronavirus outbreak
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Latest News Live Updates: Pensioners Above 75 Exempted From Filing Income Tax Returns
More than a year after India recorded its first case of coronavirus, which triggered countrywide restrictions, Nirmala Sitharaman today presented the Union Budget 2021 in parliament.
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Facebook News Launched in UK; to Feature Content From Daily Mail, Financial Times, and More
Facebook News launched in Britain, delivering users of the world's leading social network-curated news content bought from traditional publishers that have struggled financially.
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Covid +ve Tax Official, Found Guilty In Corruption Case, Dies By Suicide
An income tax inspector who was sentenced to jail last week in a bribery case allegedly committed suicide at a hospital where he was admitted after he tested positive for coronavirus, police said on Monday.
-
Bhutan Lowers Daily Tourist Tax For Visitors, But There Is A Catch
Under the new rule, the incentive applies only to tourists who pay in dollars, rather than in rupees, according to Bhutan's Department of Tourism.
-
Nearly 50% Jump In Direct Tax Collections This Year; Highest On Record Says CBDT Chief
Tax collections from personal and corporate income jumped nearly 50 per cent in the current fiscal year so far, with over a 40 per cent surge in advance tax payments, underscoring a healthy economic recovery from the pandemic spanning two waves of coronavirus infections.
-
Deadline To File Income Tax Returns Extended To December 31
The deadline for filing Income Tax returns has been extended till December 31, the government said on Thursday, amid the coronavirus pandemic and persistent technical problems with its website.
-
Tax Relief On Money Received For Covid Treatment From Employers
The government on Friday extended deadlines for various income tax compliances and said the amount paid by an employer to employees for COVID-19 treatment would be tax-exempt.
-
Poor Frontline Workers Hit by Rising Fuel Prices
People in India have been hit hard by record high fuel prices, having risen by a third in the 15 months since Coronavirus hit the country.
-
Why Tax Vaccines, Nirmala Sitharaman Explains After Mamata Banerjee Note
Finance Minister Nirmala Sitharaman on Sunday said that a 5 per cent tax on vaccines and 12 per cent on medicines and oxygen concentrators was necessary to keep costs low, after a new appeal by West Bengal Chief Minister Mamata Banerjee.
-
"Exempt Oxygen Tanks, Covid Medicines From Taxes": Mamata Banerjee To PM
Bengal Chief Minister Mamata Banerjee wrote to Prime Minister Narendra Modi on Sunday, asking for tax waivers on the import of medicines and equipment needed to fight the COVID-19 pandemic
-
Government Cuts Tax On Oxygen Concentrators For Personal Use
The government on Saturday slashed Integrated GST rate on oxygen concentrators for personal use to 12 per cent, from 28 per cent earlier, for two months till June 30.
-
Delhi Will Need Oxygen If Supply (Taxes) Stopped (From Maharashtra): Sena
The Shiv Sena on Monday slammed BJP leaders Devendra Fadnavis and Pravin Darekar for objecting to Mumbai police's grilling of a pharma firm's top executive over alleged stocking of Remdesivir vials.
-
UK Finance Minister Rishi Sunak Extends Covid Rescue Plan, Companies To Pay More Tax
Finance minister Rishi Sunak announced a costly extension of his emergency aid programmes to see Britain's economy through its current coronavirus lockdown, but announced a tax hike for many businesses as he began to focus on fixing the public finances.
-
Budget: Focus On Health, Farmers, Polls; Relief For Seniors Above 75
Finance Minister Nirmala Sitharaman, announcing Budget 2021 aimed at reviving an economy badly hit by the coronavirus pandemic, said the country's healthcare spending would be doubled to Rs 2,23,846 crore and added that 35,000 crore would be spent on Covid vaccines. Capital expenditure will be increased to Rs 5.54 lakh crore, which is around 34 pe...
-
Budget 2021: 5 Key Numbers To Watch In Nirmala Sitharaman's Budget
Budget 2021: India's tax collection has shown an uptick lately as momentum builds in the economy following the lifting of lockdowns to combat the coronavirus outbreak
-
Latest News Live Updates: Pensioners Above 75 Exempted From Filing Income Tax Returns
More than a year after India recorded its first case of coronavirus, which triggered countrywide restrictions, Nirmala Sitharaman today presented the Union Budget 2021 in parliament.
-
Facebook News Launched in UK; to Feature Content From Daily Mail, Financial Times, and More
Facebook News launched in Britain, delivering users of the world's leading social network-curated news content bought from traditional publishers that have struggled financially.
-
Covid +ve Tax Official, Found Guilty In Corruption Case, Dies By Suicide
An income tax inspector who was sentenced to jail last week in a bribery case allegedly committed suicide at a hospital where he was admitted after he tested positive for coronavirus, police said on Monday.
