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India Gets New Crypto-INR Futures Exchange Named ‘Pi42’ from WazirX, ZebPay Leaders
Zebpay CEO Avinash Shekhar and WazirX founder Nischal Shetty have launched a new crypto-INR Futures Exchange called ‘Pi42’ on Wednesday, February 7. Pi42, as disclosed by its founders, has already been registered with the FIU – which means Indians can start trying it out.
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Burdened By Excess TDS Deduction? Here's How You Can Claim A Refund
Here's how to claim your excess TDS deductions refund
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Australia Plans Crypto Taxation as Government Gears to Reform Payment Laws
The government of Australia has begun thinking of ways to regulate the crypto sector. Along with bringing digital assets under the tax regime of the nation, Australia is also aiming to ensure investor protection. Foreign crypto exchanges operating in the country may also have to agree to store Australian data inside the country itself.
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Budget 2022: Telecom Operators Seek Refund Of Rs 35,000-Crore Input Tax Credit
Telecom sector wants the government to suspend universal service obligation fund (USOF), which financially supports rollout of telecom services in the rural area, to reduce burden on the service providers.
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ICICI Bank Profit Rises 78% To Rs 4,616 Crore In June Quarter, Provisions Fall
ICICI Bank Q1 FY22 Results: ICICI Bank reported a 78 per cent rise in net profit to ₹ 4,616 crore on a standalone basis for the April-June quarter in the financial year 2021-22, compared to ₹ 2,599 crore in the year-ago period. The country's leading private sector lender's provisions - excluding provision for tax, declined sharply as it has cha...
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"Centre, States Should Talk" On Reducing Fuel Prices: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman today said there should be less burden on consumers and both the Centre and states should talk with each other over reducing taxes on diesel and petrol whose prices have risen sharply in recent times.
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Union Budget 2021: Luxury Carmakers Hope For Lower Taxes, Stable Policy And Incentives On EVs
The Union Minister of Finance, Nirmala Sitharaman is all set to announce the budget for Financial Year 2021-22, on February 1. Given the eventful year, we have had, the auto industry has some kind of relief expectations from the upcoming budget, considering it was one of the highly impacted sectors. The luxury car segment in particular, which has a...
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'Faceless, Fair, Fearless': PM's Big New Push For Tax Reforms
Prime Minister Narendra Modi today launched a new platform to ease the compliance burden for assessees and reward the "honest taxpayer". "The country's honest taxpayer plays a big role in nation-building... A faceless tax system will give the taxpayer confidence on fairness and fearlessness," the Prime Minister said in a video address after rolling...
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Do You Know The Due Date For Filing Your Income Tax Return? Here's All You Need To Know
Income Tax Deadline: The extensions are likely to ease the burden of filing taxes for individuals and businesses alike on account of the fast-spreading COVID-19 disease, say tax experts.
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Centre Burdening Common Man With High Taxes On Petrol, Diesel: Congress
The Congress on Saturday accused the BJP-led government of burdening the common man with high taxes on petrol and diesel and earning Rs 2.5 lakh crore since March 5.
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Imposing Higher Taxes During COVID-19 Lockdown "Cruel": P Chidambaram
Governments must borrow to meet their deficits and not impose higher tax burdens when economic activity has ground to a halt amid the coronavirus pandemic, senior Congress leader P Chidambaram said on Wednesday after the Centre and the Delhi government hiked taxes on petroleum products.
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Amazon, Flipkart Push Back Against Proposed 1 Percent Tax on Online Sellers
Amazon and Walmart's Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry.
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Budget 2020: Investment in Quantum Computing, BharatNet, ESOP Tax Relaxation, Data Centre Parks, More
From the newly proposed electronics manufacturing scheme to the ease of burden of tax on startups, here’s a lowdown on all the technology and science related announcements made during the budget speech of 2020.
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Budget 2020: Government Abolishes Dividend Distribution Tax, Pegs Rs 25,000 Crore Revenue Loss
Budget 2020: Finance Minister Nirmala Sitharaman said the system of levying DDT results in an increase in tax burden for investors, and especially for those who are liable to pay tax less than the rate of DDT if the dividend income is included in their income.
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"Excessive Tax Is Social Injustice By Government": Chief Justice SA Bobde
With only a week to go for the Union Budget, Chief Justice of India SA Bobde today asked the central government to take steps to reduce the tax burden on citizens and ensure the country's all-round development.
-
India Gets New Crypto-INR Futures Exchange Named ‘Pi42’ from WazirX, ZebPay Leaders
Zebpay CEO Avinash Shekhar and WazirX founder Nischal Shetty have launched a new crypto-INR Futures Exchange called ‘Pi42’ on Wednesday, February 7. Pi42, as disclosed by its founders, has already been registered with the FIU – which means Indians can start trying it out.
-
Burdened By Excess TDS Deduction? Here's How You Can Claim A Refund
Here's how to claim your excess TDS deductions refund
-
Australia Plans Crypto Taxation as Government Gears to Reform Payment Laws
The government of Australia has begun thinking of ways to regulate the crypto sector. Along with bringing digital assets under the tax regime of the nation, Australia is also aiming to ensure investor protection. Foreign crypto exchanges operating in the country may also have to agree to store Australian data inside the country itself.
-
Budget 2022: Telecom Operators Seek Refund Of Rs 35,000-Crore Input Tax Credit
Telecom sector wants the government to suspend universal service obligation fund (USOF), which financially supports rollout of telecom services in the rural area, to reduce burden on the service providers.
-
ICICI Bank Profit Rises 78% To Rs 4,616 Crore In June Quarter, Provisions Fall
ICICI Bank Q1 FY22 Results: ICICI Bank reported a 78 per cent rise in net profit to ₹ 4,616 crore on a standalone basis for the April-June quarter in the financial year 2021-22, compared to ₹ 2,599 crore in the year-ago period. The country's leading private sector lender's provisions - excluding provision for tax, declined sharply as it has cha...
-
"Centre, States Should Talk" On Reducing Fuel Prices: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman today said there should be less burden on consumers and both the Centre and states should talk with each other over reducing taxes on diesel and petrol whose prices have risen sharply in recent times.
-
Union Budget 2021: Luxury Carmakers Hope For Lower Taxes, Stable Policy And Incentives On EVs
The Union Minister of Finance, Nirmala Sitharaman is all set to announce the budget for Financial Year 2021-22, on February 1. Given the eventful year, we have had, the auto industry has some kind of relief expectations from the upcoming budget, considering it was one of the highly impacted sectors. The luxury car segment in particular, which has a...
-
'Faceless, Fair, Fearless': PM's Big New Push For Tax Reforms
Prime Minister Narendra Modi today launched a new platform to ease the compliance burden for assessees and reward the "honest taxpayer". "The country's honest taxpayer plays a big role in nation-building... A faceless tax system will give the taxpayer confidence on fairness and fearlessness," the Prime Minister said in a video address after rolling...
-
Do You Know The Due Date For Filing Your Income Tax Return? Here's All You Need To Know
Income Tax Deadline: The extensions are likely to ease the burden of filing taxes for individuals and businesses alike on account of the fast-spreading COVID-19 disease, say tax experts.
-
Centre Burdening Common Man With High Taxes On Petrol, Diesel: Congress
The Congress on Saturday accused the BJP-led government of burdening the common man with high taxes on petrol and diesel and earning Rs 2.5 lakh crore since March 5.
-
Imposing Higher Taxes During COVID-19 Lockdown "Cruel": P Chidambaram
Governments must borrow to meet their deficits and not impose higher tax burdens when economic activity has ground to a halt amid the coronavirus pandemic, senior Congress leader P Chidambaram said on Wednesday after the Centre and the Delhi government hiked taxes on petroleum products.
-
Amazon, Flipkart Push Back Against Proposed 1 Percent Tax on Online Sellers
Amazon and Walmart's Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry.
-
Budget 2020: Investment in Quantum Computing, BharatNet, ESOP Tax Relaxation, Data Centre Parks, More
From the newly proposed electronics manufacturing scheme to the ease of burden of tax on startups, here’s a lowdown on all the technology and science related announcements made during the budget speech of 2020.
-
Budget 2020: Government Abolishes Dividend Distribution Tax, Pegs Rs 25,000 Crore Revenue Loss
Budget 2020: Finance Minister Nirmala Sitharaman said the system of levying DDT results in an increase in tax burden for investors, and especially for those who are liable to pay tax less than the rate of DDT if the dividend income is included in their income.
-
"Excessive Tax Is Social Injustice By Government": Chief Justice SA Bobde
With only a week to go for the Union Budget, Chief Justice of India SA Bobde today asked the central government to take steps to reduce the tax burden on citizens and ensure the country's all-round development.
