Tax

FinMin Balagopal claims credit for drop in fuel tax amount

But, the minister’s claim is misleading since the drop in sales tax revenue was a reflection of the cut made by the Centre.

published on : 22nd May 2022

Trump pays $110,000 fine for blocking New York state tax probe

New York state Attorney General Letitia James James suspects the Trump Organization fraudulently overstated the value of real estate properties when applying for bank loans

published on : 21st May 2022

Thanjavur city corporation passes resolution approving property tax rate hike

Corporation Mayor S Ramanathan, who presided over the meeting, proposed the resolution to increase the property tax as soon as it started. It passed without any debate.

published on : 21st May 2022

GST Council’s decisions not written in stone, rules SC

The bench made the observation while upholding a Gujarat High Court order to revoke Integrated GST (IGST) on ocean freight from Indian importers.

published on : 19th May 2022

GST wing to scrutinise returns of real estate developers

Basing upon market intelligence and result of scrutiny, search and inspection of the business premises of some of the real estate developer were also undertaken.

published on : 18th May 2022

Civic body’s move to hike holding tax draws flak

Protesting the decision of Baripada municipality to hike holding and property tax, members of various political parties staged a dharna outside the Collector’s office on Tuesday.

published on : 18th May 2022

Govt mulls extending April GST payment deadline; asks Infosys to fix glitch on portal

"Infosys has been directed by Govt for early resolution. Technical team is working to provide GSTR-2B & correct auto-populated GSTR-3B at the earliest," the CBIC tweeted.

published on : 17th May 2022

A ‘taxing’ job awaits Chennai’s postmasters

Corporation’s pilot initiative to give postmen additional responsibility of collecting taxes.

published on : 16th May 2022

CBDT asks tax officers to not issue reassessment notices for 3 years till FY15

Central Board of Direct Taxes (CBDT) asked tax officers to give taxpayers two weeks' time to respond to such notices, which can be further extended at taxpayers' request in genuine cases.

published on : 12th May 2022

PAN, Aadhaar must for deposits and withdrawals exceeding Rs 20 lakh 

Currently, only deposits exceeding Rs 50,000 a day require quoting of PAN or Aadhar. Currently, there are no annual thresholds mentioned.

published on : 12th May 2022

Vehicle owners see red as Telangana government hikes Green tax

As per the G.O., if the age of a motorcycle from the date of registration is more than 15 years and below 20 years, the Green tax is fixed at Rs 2,000 for five years.

published on : 12th May 2022

Life tax hiked: Shell out more for registration of vehicles

For registration of new vehicles, one has to shell out more from now on.

published on : 10th May 2022

Telangana: 13% life tax on vehicles below Rs 5 lakh

The State government on Monday enhanced the life tax on some categories of motor vehicles.

published on : 10th May 2022

People yearning for a change of government, says Naidu

TDP supremo and Leader of Opposition N Chandrababu Naidu has said all sections of people in the State are yearning for a change of government. 

published on : 8th May 2022

The unease of doing business in India amid raid Raj

All the talk about Ease of Doing Business has come to be seen as a farce as the government’s raid raj is rearing its head again.

published on : 2nd May 2022
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