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Revenue Secretary Sanjay Malhotra Appointed New RBI Governor
Revenue Secretary Sanjay Malhotra has been appointed Governor of the Reserve Bank of India (RBI). He will take charge from Wednesday for three years, the government said in a statement.
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Did Paytm Payments Bank Launder Money? Enforcement Directorate To Probe
India's financial crime fighting agency will probe Paytm Payments Bank if any fresh charges of fund siphoning are found, Revenue Secretary Sanjay Malhotra told Reuters on Saturday.
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Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
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"Dirty Politics": Top Delhi Officer Calls Press Meet To Defend Chief Secretary
The allegations of links between Delhi Chief Secretary Naresh Kumar and owners of a piece of land acquired for the Dwarka Expressway in the national capital, are "false and baseless", said Ashwani Kumar, Delhi Additional Chief Secretary (Revenue).
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28% GST Already Applied On Online Gaming, Casinos, Not Retrospective: Centre
As states like Delhi and Goa raised the issue of tax demand on online gaming companies and casinos retrospectively, Revenue Secretary Sanjay Malhotra on Saturday reiterated that 28 per cent GST was levied on online gaming and casinos even before.
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Fuel Price Cut Unlikely, Top Official Says Crude Prices Have "Softened"
There's no reason to lower excise duty on petroleum products, Revenue Secretary Sanjay Malhotra told NDTV today, explaining that it was already done twice when crude prices were at their peak.
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Amendment To GST Act On Online Gaming In Parliament Monsoon Session
Revenue Secretary Sanjay Malhotra today said the central government will bring clarificatory amendments to the GST Act in the monsoon session of Parliament to implement GST Council's decision of imposing 28 per cent tax on online gaming, casino and horse racing.
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28% GST On Online Gaming To Yield Rs 20,000 Crore Annually: Centre
The exchequer would get an estimated additional revenue of Rs 20,000 crore annually following the decision of the GST Council to levy 28 per cent tax on full bet value on online gaming, said Revenue Secretary Sanjay Malhotra today.
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Air Force Chopper Called To Airlift 300 Tourists Stranded In Himachal's Chandertal
All the stranded people would be evacuated to safe places by today night, Principal Secretary, Revenue, Onkar Chand Sharma said, adding that about 100 people were rescued from different places in the hill state yesterday.
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India Buying Crude Oil At Lowest Price From Russia Furthering G7 Approach: US
By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering policy of G7 to reduce Russian oil revenues and Washington is comfortable with New Delhi on issues relating to energy security, said US.
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Big Tech Firms Should Share Revenue With Digital News Publishers for Industry Growth, I&B Secretary Says
Big Tech companies should share a part of their revenue with publishers of digital news, who generate original content, Information and Broadcasting Secretary Apurva Chandra said on Friday. Chandra said that post-COVID, there have been issues regarding the financial health of not just the digital news industry, but also the print news industry.
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GST Council Agrees To Decriminalise Certain Offences, No New Taxes Brought
The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.
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Sanjay Malhotra Takes Charge As Revenue Secretary
Sanjay Malhotra is an IIT-Kanpur alumnus and holds a master's degree in public policy from Princeton University, US.
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Tax Collection To Exceed Budget Estimate By Nearly Rs 4 Lakh Crore: Revenue Secretary
India's tax collection will exceed the budget estimate by nearly Rs 4 lakh crore in the current fiscal on the back of buoyant income tax, customs duty and GST (Goods and Services Tax ) mop-up, Revenue Secretary Tarun Bajaj said today.
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For First Time In 3 Years, Centre Refuses To Extend Tax Return Deadline: 5 Points
The deadline to file an Income Tax return (ITR) is July 31, and the government isn't keen to extend the timeline any further. Taxpayers should file their ITRs before the due date to avoid paying penalties or other legal consequences. Over the last two financial years, the government extended the deadline for filing ITR to ease compliance for taxpay...
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Revenue Secretary Sanjay Malhotra Appointed New RBI Governor
Revenue Secretary Sanjay Malhotra has been appointed Governor of the Reserve Bank of India (RBI). He will take charge from Wednesday for three years, the government said in a statement.
-
Did Paytm Payments Bank Launder Money? Enforcement Directorate To Probe
India's financial crime fighting agency will probe Paytm Payments Bank if any fresh charges of fund siphoning are found, Revenue Secretary Sanjay Malhotra told Reuters on Saturday.
-
Why No Mention Of Fuel Tax Cut In Budget? Revenue Secretary Explains
Finance Minister Nirmala Sitharaman did not announce a cut in excise duty on petrol and diesel while presenting the interim Budget in Parliament yesterday.
-
"Dirty Politics": Top Delhi Officer Calls Press Meet To Defend Chief Secretary
The allegations of links between Delhi Chief Secretary Naresh Kumar and owners of a piece of land acquired for the Dwarka Expressway in the national capital, are "false and baseless", said Ashwani Kumar, Delhi Additional Chief Secretary (Revenue).
-
28% GST Already Applied On Online Gaming, Casinos, Not Retrospective: Centre
As states like Delhi and Goa raised the issue of tax demand on online gaming companies and casinos retrospectively, Revenue Secretary Sanjay Malhotra on Saturday reiterated that 28 per cent GST was levied on online gaming and casinos even before.
-
Fuel Price Cut Unlikely, Top Official Says Crude Prices Have "Softened"
There's no reason to lower excise duty on petroleum products, Revenue Secretary Sanjay Malhotra told NDTV today, explaining that it was already done twice when crude prices were at their peak.
-
Amendment To GST Act On Online Gaming In Parliament Monsoon Session
Revenue Secretary Sanjay Malhotra today said the central government will bring clarificatory amendments to the GST Act in the monsoon session of Parliament to implement GST Council's decision of imposing 28 per cent tax on online gaming, casino and horse racing.
-
28% GST On Online Gaming To Yield Rs 20,000 Crore Annually: Centre
The exchequer would get an estimated additional revenue of Rs 20,000 crore annually following the decision of the GST Council to levy 28 per cent tax on full bet value on online gaming, said Revenue Secretary Sanjay Malhotra today.
-
Air Force Chopper Called To Airlift 300 Tourists Stranded In Himachal's Chandertal
All the stranded people would be evacuated to safe places by today night, Principal Secretary, Revenue, Onkar Chand Sharma said, adding that about 100 people were rescued from different places in the hill state yesterday.
-
India Buying Crude Oil At Lowest Price From Russia Furthering G7 Approach: US
By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering policy of G7 to reduce Russian oil revenues and Washington is comfortable with New Delhi on issues relating to energy security, said US.
-
Big Tech Firms Should Share Revenue With Digital News Publishers for Industry Growth, I&B Secretary Says
Big Tech companies should share a part of their revenue with publishers of digital news, who generate original content, Information and Broadcasting Secretary Apurva Chandra said on Friday. Chandra said that post-COVID, there have been issues regarding the financial health of not just the digital news industry, but also the print news industry.
-
GST Council Agrees To Decriminalise Certain Offences, No New Taxes Brought
The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to Rs 2 crore, Revenue Secretary Sanjay Malhotra said.
-
Sanjay Malhotra Takes Charge As Revenue Secretary
Sanjay Malhotra is an IIT-Kanpur alumnus and holds a master's degree in public policy from Princeton University, US.
-
Tax Collection To Exceed Budget Estimate By Nearly Rs 4 Lakh Crore: Revenue Secretary
India's tax collection will exceed the budget estimate by nearly Rs 4 lakh crore in the current fiscal on the back of buoyant income tax, customs duty and GST (Goods and Services Tax ) mop-up, Revenue Secretary Tarun Bajaj said today.
-
For First Time In 3 Years, Centre Refuses To Extend Tax Return Deadline: 5 Points
The deadline to file an Income Tax return (ITR) is July 31, and the government isn't keen to extend the timeline any further. Taxpayers should file their ITRs before the due date to avoid paying penalties or other legal consequences. Over the last two financial years, the government extended the deadline for filing ITR to ease compliance for taxpay...
