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31-Member Panel Set Up To Examine Income Tax Bill, Will Be Headed By BJP MP
Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill.
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"You Aren't Rich If...": X User Says Anything Less Than Rs 60 Lakh Is Poor, Sparks Debate Online
A fintech enthusiast's X post claiming that anything less than Rs 60 lakh per annum is "poor" has sparked a discussion online.
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Volkswagen Sues Indian Authorities Over $1.4 Billion Tax Dispute: Report
The Indian government had issued a tax evasion notice to Volkswagen Group in September 2024 for implementation of a strategy to pay lower import duty.
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How Donald Trump's Tariffs Will Affect US Households
The research suggests that Trump's administration imposed approximately $80 billion in new taxes through tariffs between 2018 and 2019. It also shows that both Trump's and Biden's tariffs have lowered output, employment and raised prices.
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Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
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Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products.
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Japan Crypto Review May Open Door to Lower Taxes, Dedicated ETFs
Japan's Financial Services Agency in coming months will assess whether the current approach of regulating crypto under the payments act is adequate, an official at the agency said, asking not to be identified in line with the institution’s rules.
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Nirmala Sitharaman Proposes Amendments To LTCG Tax On Immovable Properties
Nirmala Sitharaman today said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
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Sensex, Nifty Open Lower Day After Budget Announcements
Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options.
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Budget 2024: Centre To Look At Lowering Duties For Properties Purchased By Women
Budget 2024: The government will look at further lowering duties for properties purchased by women and making it an essential component of urban development schemes, Finance Minister Nirmala Sitharaman said on Tuesday.
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CoinDCX Report Claims Lower TDS on Crypto Could Improve Compliance, Tax Transparency
CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.
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Finance Minister Explains How GST Benefitted People Through Pro-Poor Approach
Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.
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Tesla Chief Elon Musk Said to Meet PM Modi in April, Announce India Investment Plans
Tesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said.
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Tesla Handed a Boost as Government Promises to Lower EV Import Taxes for Automakers Investing $500 Million
India said on Friday it will lower import taxes on certain electric vehicles for companies committing to at least $500 million in investment and manufacturing facilities within three years, potentially bolstering Tesla's plans to enter the market.
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US In "Stronger Position" To Win Against China Than Anyone Else: Joe Biden
US President Joe Biden called for higher taxes on corporations Thursday in his State of the Union address, while pushing for lower medicine costs and improved housing affordability, as he sought to allay concerns over the economy.
-
31-Member Panel Set Up To Examine Income Tax Bill, Will Be Headed By BJP MP
Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill.
-
"You Aren't Rich If...": X User Says Anything Less Than Rs 60 Lakh Is Poor, Sparks Debate Online
A fintech enthusiast's X post claiming that anything less than Rs 60 lakh per annum is "poor" has sparked a discussion online.
-
Volkswagen Sues Indian Authorities Over $1.4 Billion Tax Dispute: Report
The Indian government had issued a tax evasion notice to Volkswagen Group in September 2024 for implementation of a strategy to pay lower import duty.
-
How Donald Trump's Tariffs Will Affect US Households
The research suggests that Trump's administration imposed approximately $80 billion in new taxes through tariffs between 2018 and 2019. It also shows that both Trump's and Biden's tariffs have lowered output, employment and raised prices.
-
Union Budget 2025: Tax Deduction Terms You Should Know Ahead Of Budget
Tax Deductions: A tax deduction is an expense or expenditure that can be subtracted from an individual's or business's total income, resulting in a lower taxable income.
-
Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report
Shares of ITC, Varun Beverages and Godfrey Phillips India ended lower on Tuesday after the Group of Ministers on GST rate rationalisation decided to hike tax on sin goods like aerated beverages, cigarettes, tobacco and related products.
-
Japan Crypto Review May Open Door to Lower Taxes, Dedicated ETFs
Japan's Financial Services Agency in coming months will assess whether the current approach of regulating crypto under the payments act is adequate, an official at the agency said, asking not to be identified in line with the institution’s rules.
-
Nirmala Sitharaman Proposes Amendments To LTCG Tax On Immovable Properties
Nirmala Sitharaman today said the contentious LTCG tax proposal on real estate is being amended to give option to taxpayers to compute tax liability under the old system or at reduced rates without indexation, and pay the lower of the two.
-
Sensex, Nifty Open Lower Day After Budget Announcements
Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options.
-
Budget 2024: Centre To Look At Lowering Duties For Properties Purchased By Women
Budget 2024: The government will look at further lowering duties for properties purchased by women and making it an essential component of urban development schemes, Finance Minister Nirmala Sitharaman said on Tuesday.
-
CoinDCX Report Claims Lower TDS on Crypto Could Improve Compliance, Tax Transparency
CoinDCX has released a report that seeks reform in India's crypto tax regime. The crypto exchange's latest report is titled 'Redesigning TDS for Transparency and Compliance’ and highlights areas where reforms can be ushered in by the government.
-
Finance Minister Explains How GST Benefitted People Through Pro-Poor Approach
Finance Minister Nirmala Sitharaman on Monday said the government has adopted "a pro-poor approach" while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage of GDP have reached the pre-GST level.
-
Tesla Chief Elon Musk Said to Meet PM Modi in April, Announce India Investment Plans
Tesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said.
-
Tesla Handed a Boost as Government Promises to Lower EV Import Taxes for Automakers Investing $500 Million
India said on Friday it will lower import taxes on certain electric vehicles for companies committing to at least $500 million in investment and manufacturing facilities within three years, potentially bolstering Tesla's plans to enter the market.
-
US In "Stronger Position" To Win Against China Than Anyone Else: Joe Biden
US President Joe Biden called for higher taxes on corporations Thursday in his State of the Union address, while pushing for lower medicine costs and improved housing affordability, as he sought to allay concerns over the economy.
