Tax Ambit
- All
- News
- Videos
-
Paneer, Meat, Papad Will Cost You More From July 18. Details Here
The Goods and Services Tax (GST) Council has accepted the recommendations of a panel of State Finance Ministers and Fitment Committee to bring unbranded but packed (local) dairy and agricultural products within the ambit of a 5 per cent tax rate slab.
-
Budget 2022: Petroleum Body Seeks Natural Gas Under GST Ambit
The petroleum industry in the country has urged the government to bring natural gas under the ambit of GST regime
-
Budget 2022: Insurers Seek Higher 80C Investment Limit; Lower GST On Health Products
Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance.
-
Tesla, India Said to Be Stuck in 'Weird Stalemate' on Tax Cut Demands With No Investment Pledge
Talks between India and Tesla over potential tax benefits are deadlocked as the government is not keen to give the company any breaks without a commitment to manufacture locally, people familiar with the discussions said.
-
Budget 2022 May Consider Levying TDS, TCS On Crypto Trading
The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies above a certain threshold and such transactions should be brought within the ambit ofspecified transaction for the purpose of reporting to income tax authorities, Nangia Andersen LLP Tax Leader Aravind Srivatsan said.
-
Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petroleum Minister Hardeep Singh Puri said.
-
GST Decision Likely On E-Commerce Operators Like Swiggy, Zomato Today
45th GST Council Meet 2021: Bringing petrol and diesel under the ambit of indirect tax, GST compensation shortfall to states are some of the issues that could be discussed by the Council
-
GST Panel May Consider Bringing Petrol, Diesel Under GST Ambit: Report
GST Council might consider taxing petrol, diesel and other petroleum products under the single national GST regime.
-
Ready To Discuss Bringing Petrol, Diesel Under GST At Next Meet: Finance Minister
Amid outcry over high taxes on petrol and diesel, Finance Minister Nirmala Sitharaman on Tuesday said she would be "glad" to discuss the suggestion of bringing petrol and diesel under the ambit of the Goods and Services Tax at the next meeting of the GST Council.
-
No Recommendation By GST Council To Bring Petrol, Diesel Under GST: Ministry
The Union Finance Ministry on Tuesday informed the Parliament that no recommendation from the Goods and Services Tax (GST) Council has been made to bring petrol and diesel under the ambit of the GST.
-
Five-Year Tax-Saving Fixed Deposit: Interest Rates, Investment Limits And Other Key Details
Fixed deposit rates: A special type of term deposit or fixed deposit (FD) is eligible for deduction under the ambit of Section 80C. From state-run State Bank of India (SBI) to private sector peers HDFC Bank and ICICI Bank, major banks today interest rates to the tune of 6.25-7.75 on the five-year income tax-saving fixed deposits. These bank fixed d...
-
Income Tax Department To Probe 3 Lakh De-Registered Firms For Money Laundering
The CBDT has also asked the tax offices to undertake this special task and bring under their ambit the time period (over last two years) when these companies were struck off from the records of the Ministry of Corporate Affairs (MCA).
-
Reduce Taxes To Control Spurt In Petrol, Diesel Prices: Assocham
The chamber further suggested to the Centre to bring oil products within the ambit of the Goods and Services Tax (GST).
-
Bindi, Kajal Exempt From GST, Why Not Sanitary Napkins? Asks Delhi High Court
If bindi, sindoor and kajal are kept out of the ambit of the GST, why cannot the sanitary napkins be exempted, the Delhi High Court asked the Centre today.
-
Strong Case To Bring Real Estate Into GST Ambit, Says Arun Jaitley
Move to benefit consumers who will only have to pay one "final tax" on whole product, says finance minister.
-
Paneer, Meat, Papad Will Cost You More From July 18. Details Here
The Goods and Services Tax (GST) Council has accepted the recommendations of a panel of State Finance Ministers and Fitment Committee to bring unbranded but packed (local) dairy and agricultural products within the ambit of a 5 per cent tax rate slab.
-
Budget 2022: Petroleum Body Seeks Natural Gas Under GST Ambit
The petroleum industry in the country has urged the government to bring natural gas under the ambit of GST regime
-
Budget 2022: Insurers Seek Higher 80C Investment Limit; Lower GST On Health Products
Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance.
-
Tesla, India Said to Be Stuck in 'Weird Stalemate' on Tax Cut Demands With No Investment Pledge
Talks between India and Tesla over potential tax benefits are deadlocked as the government is not keen to give the company any breaks without a commitment to manufacture locally, people familiar with the discussions said.
-
Budget 2022 May Consider Levying TDS, TCS On Crypto Trading
The government could consider in the upcoming Budget levying TDS/TCS on sale and purchase of cryptocurrencies above a certain threshold and such transactions should be brought within the ambit ofspecified transaction for the purpose of reporting to income tax authorities, Nangia Andersen LLP Tax Leader Aravind Srivatsan said.
-
Fuel Prices Not Coming Down As States Don't Want It Under GST: Petroleum Minister
Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the Goods and Services Tax or GST, Petroleum Minister Hardeep Singh Puri said.
-
GST Decision Likely On E-Commerce Operators Like Swiggy, Zomato Today
45th GST Council Meet 2021: Bringing petrol and diesel under the ambit of indirect tax, GST compensation shortfall to states are some of the issues that could be discussed by the Council
-
GST Panel May Consider Bringing Petrol, Diesel Under GST Ambit: Report
GST Council might consider taxing petrol, diesel and other petroleum products under the single national GST regime.
-
Ready To Discuss Bringing Petrol, Diesel Under GST At Next Meet: Finance Minister
Amid outcry over high taxes on petrol and diesel, Finance Minister Nirmala Sitharaman on Tuesday said she would be "glad" to discuss the suggestion of bringing petrol and diesel under the ambit of the Goods and Services Tax at the next meeting of the GST Council.
-
No Recommendation By GST Council To Bring Petrol, Diesel Under GST: Ministry
The Union Finance Ministry on Tuesday informed the Parliament that no recommendation from the Goods and Services Tax (GST) Council has been made to bring petrol and diesel under the ambit of the GST.
-
Five-Year Tax-Saving Fixed Deposit: Interest Rates, Investment Limits And Other Key Details
Fixed deposit rates: A special type of term deposit or fixed deposit (FD) is eligible for deduction under the ambit of Section 80C. From state-run State Bank of India (SBI) to private sector peers HDFC Bank and ICICI Bank, major banks today interest rates to the tune of 6.25-7.75 on the five-year income tax-saving fixed deposits. These bank fixed d...
-
Income Tax Department To Probe 3 Lakh De-Registered Firms For Money Laundering
The CBDT has also asked the tax offices to undertake this special task and bring under their ambit the time period (over last two years) when these companies were struck off from the records of the Ministry of Corporate Affairs (MCA).
-
Reduce Taxes To Control Spurt In Petrol, Diesel Prices: Assocham
The chamber further suggested to the Centre to bring oil products within the ambit of the Goods and Services Tax (GST).
-
Bindi, Kajal Exempt From GST, Why Not Sanitary Napkins? Asks Delhi High Court
If bindi, sindoor and kajal are kept out of the ambit of the GST, why cannot the sanitary napkins be exempted, the Delhi High Court asked the Centre today.
-
Strong Case To Bring Real Estate Into GST Ambit, Says Arun Jaitley
Move to benefit consumers who will only have to pay one "final tax" on whole product, says finance minister.
