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High-Value Cash Transactions At Hotels, Hospitals Come Under Income Tax Scrutiny
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a "non-intrusive" manner, the CBDT has asked the I-T department.
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Covid Nasal Vaccine: How To Book It, How Much It Costs
Bharat Biotech's nasal vaccine will cost Rs 800 plus taxes at private hospitals and slots can now be booked on the CoWin's portal, the pharmaceutical major has announced.
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Deepika Padukone Rushed To Hospital After Feeling Uneasy: Report
The actor faced a taxing situation and was immediately taken to a hospital.
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Paying Cash Over The Limit At Hospitals, Banquet Halls, Can Land You In Trouble
Accepting Rs 20,000 or more in cash for a loan or deposit is prohibited, and such transactions must be done through banking channels.
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Over Rs 150 Crore Unaccounted Income Found In Tax Raids At Hospitals In Delhi, Haryana
The Income-tax department has detected black income of more than Rs 150 crore after it raided several business groups who run hospitals in Haryana and Delhi-NCR, the Central Board of Direct Taxes said Wednesday.
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Pay GST On These Items From Monday, As New Tax Rates Kick In
Customers will have to pay 5 per cent GST on pre-packed, labelled food items like atta, paneer and curd, besides hospital rooms with rent above Rs 5,000 from Monday with the GST Council's decision coming into force.
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Rs 400 Crore Tax Evasion Detected After Raids On Tamil Nadu-Based Group
The Income Tax department has detected a "large-scale tax evasion" of over Rs 400 crore after recently raiding a Tamil Nadu-based group engaged in liquor manufacturing and hospitality, the Central Board of Direct Taxes (CBDT) said on Monday.
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No Tax On Black Fungus Medicine, 5% GST To Continue On Covid Vaccines
Tax on medicines, some hospital equipment and other items needed in the fight against COVID-19 has been reduced by the Goods and Services Tax Council. The tax cut is based on recommendations by a Group of Ministers amid the pandemic.
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Biggest Srinagar Hospital Accused Of Tax Evasion: Officials
The Income Tax Department has detected multiple instances of alleged tax evasion after it raided a business group that runs the "biggest private" multi-speciality hospital in Srinagar, tax body CBDT said on Sunday.
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Tax Officials Detect Rupees 300-Crore Black Money After Raids On Kolkata Groups
The Income Tax Department has detected undisclosed income of about Rs 300 crore after it raided some Kolkata-based entities engaged pharmaceuticals, and diagnostic and hospital services, the Central Board of Direct Taxes said on Wednesday.
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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.
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Oyo Shuts Door On Employees In India, China
According to reports, SoftBank has given Oyo a deadline of March 31, 2020 to phase out contracts or businesses, which are not EBITDA-profitable.The company has a deadline to post positive Earnings before interest, tax, depreciation and amortization (EBITDA) for its self-operated hotels and July as the deadline for positive EBITDA of its ancillary b...
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Budget 2019: Hospitality And Tourism Seeks Impetus To Tax Rebates
Rationalisation of various GST rates is one of the demands of the hospitality/tourism sectors.
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Inheritance Tax Led To Huge Endowments To Hospitals In West: Arun Jaitley
Inheritance tax is levied on the wealth inherited by the legal heirs of a dead person. Also known as estate tax, it is levied by governments of most western countries, including the US and the UK.
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A Rs 3.5 Lakh Nirav Modi Ring And Tax Raids On Yogendra Yadav's Family
Tax raids at the hospitals and homes of Yogendra Yadav's sisters in Haryana ended after 27 hours on Thursday with the Income Tax department linking the searches to a larger investigation against fugitive jeweler Nirav Modi.
-
High-Value Cash Transactions At Hotels, Hospitals Come Under Income Tax Scrutiny
Rampant cash transactions in business sectors like hotels, luxury brand sales, hospitals and IVF clinics need to be checked in a "non-intrusive" manner, the CBDT has asked the I-T department.
-
Covid Nasal Vaccine: How To Book It, How Much It Costs
Bharat Biotech's nasal vaccine will cost Rs 800 plus taxes at private hospitals and slots can now be booked on the CoWin's portal, the pharmaceutical major has announced.
-
Deepika Padukone Rushed To Hospital After Feeling Uneasy: Report
The actor faced a taxing situation and was immediately taken to a hospital.
-
Paying Cash Over The Limit At Hospitals, Banquet Halls, Can Land You In Trouble
Accepting Rs 20,000 or more in cash for a loan or deposit is prohibited, and such transactions must be done through banking channels.
-
Over Rs 150 Crore Unaccounted Income Found In Tax Raids At Hospitals In Delhi, Haryana
The Income-tax department has detected black income of more than Rs 150 crore after it raided several business groups who run hospitals in Haryana and Delhi-NCR, the Central Board of Direct Taxes said Wednesday.
-
Pay GST On These Items From Monday, As New Tax Rates Kick In
Customers will have to pay 5 per cent GST on pre-packed, labelled food items like atta, paneer and curd, besides hospital rooms with rent above Rs 5,000 from Monday with the GST Council's decision coming into force.
-
Rs 400 Crore Tax Evasion Detected After Raids On Tamil Nadu-Based Group
The Income Tax department has detected a "large-scale tax evasion" of over Rs 400 crore after recently raiding a Tamil Nadu-based group engaged in liquor manufacturing and hospitality, the Central Board of Direct Taxes (CBDT) said on Monday.
-
No Tax On Black Fungus Medicine, 5% GST To Continue On Covid Vaccines
Tax on medicines, some hospital equipment and other items needed in the fight against COVID-19 has been reduced by the Goods and Services Tax Council. The tax cut is based on recommendations by a Group of Ministers amid the pandemic.
-
Biggest Srinagar Hospital Accused Of Tax Evasion: Officials
The Income Tax Department has detected multiple instances of alleged tax evasion after it raided a business group that runs the "biggest private" multi-speciality hospital in Srinagar, tax body CBDT said on Sunday.
-
Tax Officials Detect Rupees 300-Crore Black Money After Raids On Kolkata Groups
The Income Tax Department has detected undisclosed income of about Rs 300 crore after it raided some Kolkata-based entities engaged pharmaceuticals, and diagnostic and hospital services, the Central Board of Direct Taxes said on Wednesday.
-
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.
-
Oyo Shuts Door On Employees In India, China
According to reports, SoftBank has given Oyo a deadline of March 31, 2020 to phase out contracts or businesses, which are not EBITDA-profitable.The company has a deadline to post positive Earnings before interest, tax, depreciation and amortization (EBITDA) for its self-operated hotels and July as the deadline for positive EBITDA of its ancillary b...
-
Budget 2019: Hospitality And Tourism Seeks Impetus To Tax Rebates
Rationalisation of various GST rates is one of the demands of the hospitality/tourism sectors.
-
Inheritance Tax Led To Huge Endowments To Hospitals In West: Arun Jaitley
Inheritance tax is levied on the wealth inherited by the legal heirs of a dead person. Also known as estate tax, it is levied by governments of most western countries, including the US and the UK.
-
A Rs 3.5 Lakh Nirav Modi Ring And Tax Raids On Yogendra Yadav's Family
Tax raids at the hospitals and homes of Yogendra Yadav's sisters in Haryana ended after 27 hours on Thursday with the Income Tax department linking the searches to a larger investigation against fugitive jeweler Nirav Modi.
