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Food Delivery Apps vs Restaurant's Own Delivery: How GST 2.0 Will Affect Your Bill
GST 2.0: While food delivery platforms are likely to feel the pinch from the GST on delivery charges, QSR chains are expected to benefit through stronger profitability.
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Opposition States Seek Compensation For Revenue Loss Due To GST Reform Proposal
Opposition-ruled states on Friday said the Centre's proposal for GST rate reforms could result in a revenue loss of about Rs 1.5 crore to Rs 2 lakh crore and demanded compensation for the losses incurred by them.
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Planning A Trip To Popular Greek Islands? You Will Now Have To Pay Additional Fee
Visitors to the most popular Greek islands, Mykonos and Santorini, will now pay more under a new cruise tax.
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Ex-Tax Officer's Properties Worth Over Rs 7 Crore Attached In 'Disproportionate Assets' Case
The CBI Court on June 2 issued an ad-interim order for the attachment of 14 immovable properties, worth over Rs 7 crore, belonging to the then Additional Commissioner of Income Tax in connection with an alleged Disproportionate Assets (DA) case.
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Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
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Venice Hikes Tourist Tax In Bid To Curb Overcrowding
Venice will crack down on tourists by blocking additional days, raising prices, and enforcing harsh penalties for noncompliance.
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Donald Trump Claims Anybody Against Tariffs Is Being "Controlled By China"
This assertion came after Trump announced a 25% tariff on Canadian and Mexican imports, along with an additional 10% tax on Chinese goods.
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Opinion | Union Budget: Don't Let Capex Down
It is important to recognise that certain ministries, particularly those overseeing large-scale infrastructure projects like road transport and highways, may eventually reach a saturation point where additional investments yield diminishing returns.
-
Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
-
Share Owners Don't Count As "Working People": UK PM Keir Starmer
Prime Minister Keir Starmer says Britons who get additional income from stock holdings don't count as 'working people,' suggesting he's willing to raise taxes on investors.
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200 Injured, 100 Arrested As Kenya Tax Protests Turn Violent
At least 200 people were injured and more than 100 arrested across Kenya in Thursday's nationwide protests against government plans to raise $2.7 billion in additional taxes, an alliance of rights groups said.
-
Centre Releases Rs 1.39 Lakh Crore As Tax Devolution To States To Boost Development
In a bid to enable state governments to accelerate development and capital spending, the BJP-led NDA government released one additional instalment of devolution of taxes, cumulatively amounting to Rs 1,39,750 crore this month.
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Madhya Pradesh's Bizarre Currency Exchange Plot Involves Occultist, Djinn
The Crime Branch team seized the demonetised notes and promptly informed the Election Commission and the Income Tax Department. Their ongoing investigation aims to determine whether these notes were intended for distribution among villagers.
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National Cinema Day 2023: Movie Tickets to Cost Just Rs. 99 on October 13
Movie tickets in Indian theatres will cost just Rs. 99 on October 13, in celebration of National Cinema Day. Marking the second year of the event, discounts will be offered across more than 4,000 participating theatres including PVR Inox, Cinepolis, Movie Time, and more. It’s unclear whether the said amount includes taxes and internet fees levied...
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Food Delivery Apps vs Restaurant's Own Delivery: How GST 2.0 Will Affect Your Bill
GST 2.0: While food delivery platforms are likely to feel the pinch from the GST on delivery charges, QSR chains are expected to benefit through stronger profitability.
-
Opposition States Seek Compensation For Revenue Loss Due To GST Reform Proposal
Opposition-ruled states on Friday said the Centre's proposal for GST rate reforms could result in a revenue loss of about Rs 1.5 crore to Rs 2 lakh crore and demanded compensation for the losses incurred by them.
-
Planning A Trip To Popular Greek Islands? You Will Now Have To Pay Additional Fee
Visitors to the most popular Greek islands, Mykonos and Santorini, will now pay more under a new cruise tax.
-
Ex-Tax Officer's Properties Worth Over Rs 7 Crore Attached In 'Disproportionate Assets' Case
The CBI Court on June 2 issued an ad-interim order for the attachment of 14 immovable properties, worth over Rs 7 crore, belonging to the then Additional Commissioner of Income Tax in connection with an alleged Disproportionate Assets (DA) case.
-
Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
-
Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
-
Venice Hikes Tourist Tax In Bid To Curb Overcrowding
Venice will crack down on tourists by blocking additional days, raising prices, and enforcing harsh penalties for noncompliance.
-
Donald Trump Claims Anybody Against Tariffs Is Being "Controlled By China"
This assertion came after Trump announced a 25% tariff on Canadian and Mexican imports, along with an additional 10% tax on Chinese goods.
-
Opinion | Union Budget: Don't Let Capex Down
It is important to recognise that certain ministries, particularly those overseeing large-scale infrastructure projects like road transport and highways, may eventually reach a saturation point where additional investments yield diminishing returns.
-
Centre Scraps Windfall Profit Tax On Crude Oil, Petrol, Diesel Exports
The notification rescinded the June 2022 order and withdrew a levy of special additional excise duty (SAED) on the production of crude oil.
-
Share Owners Don't Count As "Working People": UK PM Keir Starmer
Prime Minister Keir Starmer says Britons who get additional income from stock holdings don't count as 'working people,' suggesting he's willing to raise taxes on investors.
-
200 Injured, 100 Arrested As Kenya Tax Protests Turn Violent
At least 200 people were injured and more than 100 arrested across Kenya in Thursday's nationwide protests against government plans to raise $2.7 billion in additional taxes, an alliance of rights groups said.
-
Centre Releases Rs 1.39 Lakh Crore As Tax Devolution To States To Boost Development
In a bid to enable state governments to accelerate development and capital spending, the BJP-led NDA government released one additional instalment of devolution of taxes, cumulatively amounting to Rs 1,39,750 crore this month.
-
Madhya Pradesh's Bizarre Currency Exchange Plot Involves Occultist, Djinn
The Crime Branch team seized the demonetised notes and promptly informed the Election Commission and the Income Tax Department. Their ongoing investigation aims to determine whether these notes were intended for distribution among villagers.
-
National Cinema Day 2023: Movie Tickets to Cost Just Rs. 99 on October 13
Movie tickets in Indian theatres will cost just Rs. 99 on October 13, in celebration of National Cinema Day. Marking the second year of the event, discounts will be offered across more than 4,000 participating theatres including PVR Inox, Cinepolis, Movie Time, and more. It’s unclear whether the said amount includes taxes and internet fees levied...
