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New Kilometer-Based Toll Tax Policy Expected Soon: Details
GOI plans a new toll policy with FASTag-based automatic deductions, kilometer-based charges, and barrier-free tolls. Read along to learn more.
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Toll Gates To Soon Get Off The Roads, New Policy In Drafts: Nitin Gadkari
The new system will facilitate automatic deductions from bank accounts using satellite tracking, eliminating the need for manual toll collection.
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Restaurant Bodies Fined Rs 2 Lakh For Challenging Service Tax Ban
Delhi High Court has imposed total costs of Rs 2 lakh on two restaurant bodies for failing to comply with an order passed in relation to their challenge to the guidelines prohibiting hotels and restaurants from automatically levying service charge.
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Delhi High Court Stays Guidelines Prohibiting Hotels Charging Service Tax
The Delhi High Court on Wednesday stayed the recent guidelines prohibiting hotels and restaurants from levying service charge automatically on food bills.
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India Gets First Chunk Of Data On Swiss Bank Account Holders
India has got first chunk of Swiss bank account details of its nationals under a new automatic information exchange pact, a major milestone in the government's fight against black money stashed abroad.
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Tax Officials To Get Swiss Bank Details Of Indians From Today
Banking details of Indians with accounts in Switzerland will be available to tax authorities from Sunday as the automatic exchange of information regime kicks off between the two countries.
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Indo-Swiss Deal To Ease Data Sharing For Indian Accounts In Swiss Banks
In a move aimed at combating black money stashed abroad, India signed an agreement with Switzerland on Thursday that would allow automatic exchange of tax-related information from January 1 2018, the Central Board of Direct Taxes said.
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NPS Account: How To Link With Aadhaar Card And Make It FATCA-Compliant Online
FATCA or Foreign Account Tax Compliance Act allows automatic exchange of financial information between India and the US.
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India To Cooperate With Switzerland In Fight Against Black Money: PM Modi
India and Switzerland today discussed issues relating to transparency in financial transactions and agreed on early operationalisation of the automatic exchange of information on tax between the two countries in a bid to check black money.
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Bad Service? You No Longer Have To Pay Service Charge At Restaurants
If you eat out and are not happy with the service, you can refuse to pay the service fee that's automatically tacked on to your bill by many restaurants.
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BRICS Nations Vow To Automatic Sharing Of Tax Information
BRICS nations, including India, today pledged to share tax information automatically and adopt global standards on tax transparency to check cross border tax evasion.
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Switzerland Starts Consultations On Sharing Details On Black Money With India
Moving ahead on automatic sharing of details on suspected black money, Switzerland today initiated its statutory consultation process for bringing into force Automatic Exchange of Information (AEOI) on tax matters with India and some other countries from January 1, 2018.
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Disclosed Black Money To Be Taxed At 50% Gets Closer To Being Law
The government's new proposal on how to tax black or undeclared money was cleared today by the Lok Sabha, where the government is in a majority. The bill must now be approved by the Rajya Sabha within 14 days. If not, it automatically becomes the law. The legislation has been introduced as the next step in the huge initiative launched earlier this ...
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Uber Helps Tech-Savvy Estonia Test Unique Tax System
Due to be launched next year, the system -- the first of its kind in the world -- will automatically include the amount earned by drivers in the tax return, although payers can make changes.
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Money Laundering to Become Difficult in Next 1-2 Years: Arun Jaitley
Finance Minister Arun Jaitley today said tax evasion and money laundering will become "extremely difficult" in the next 1-2 years, with real-time global automatic exchange of information system coming into effect.
-
New Kilometer-Based Toll Tax Policy Expected Soon: Details
GOI plans a new toll policy with FASTag-based automatic deductions, kilometer-based charges, and barrier-free tolls. Read along to learn more.
-
Toll Gates To Soon Get Off The Roads, New Policy In Drafts: Nitin Gadkari
The new system will facilitate automatic deductions from bank accounts using satellite tracking, eliminating the need for manual toll collection.
-
Restaurant Bodies Fined Rs 2 Lakh For Challenging Service Tax Ban
Delhi High Court has imposed total costs of Rs 2 lakh on two restaurant bodies for failing to comply with an order passed in relation to their challenge to the guidelines prohibiting hotels and restaurants from automatically levying service charge.
-
Delhi High Court Stays Guidelines Prohibiting Hotels Charging Service Tax
The Delhi High Court on Wednesday stayed the recent guidelines prohibiting hotels and restaurants from levying service charge automatically on food bills.
-
India Gets First Chunk Of Data On Swiss Bank Account Holders
India has got first chunk of Swiss bank account details of its nationals under a new automatic information exchange pact, a major milestone in the government's fight against black money stashed abroad.
-
Tax Officials To Get Swiss Bank Details Of Indians From Today
Banking details of Indians with accounts in Switzerland will be available to tax authorities from Sunday as the automatic exchange of information regime kicks off between the two countries.
-
Indo-Swiss Deal To Ease Data Sharing For Indian Accounts In Swiss Banks
In a move aimed at combating black money stashed abroad, India signed an agreement with Switzerland on Thursday that would allow automatic exchange of tax-related information from January 1 2018, the Central Board of Direct Taxes said.
-
NPS Account: How To Link With Aadhaar Card And Make It FATCA-Compliant Online
FATCA or Foreign Account Tax Compliance Act allows automatic exchange of financial information between India and the US.
-
India To Cooperate With Switzerland In Fight Against Black Money: PM Modi
India and Switzerland today discussed issues relating to transparency in financial transactions and agreed on early operationalisation of the automatic exchange of information on tax between the two countries in a bid to check black money.
-
Bad Service? You No Longer Have To Pay Service Charge At Restaurants
If you eat out and are not happy with the service, you can refuse to pay the service fee that's automatically tacked on to your bill by many restaurants.
-
BRICS Nations Vow To Automatic Sharing Of Tax Information
BRICS nations, including India, today pledged to share tax information automatically and adopt global standards on tax transparency to check cross border tax evasion.
-
Switzerland Starts Consultations On Sharing Details On Black Money With India
Moving ahead on automatic sharing of details on suspected black money, Switzerland today initiated its statutory consultation process for bringing into force Automatic Exchange of Information (AEOI) on tax matters with India and some other countries from January 1, 2018.
-
Disclosed Black Money To Be Taxed At 50% Gets Closer To Being Law
The government's new proposal on how to tax black or undeclared money was cleared today by the Lok Sabha, where the government is in a majority. The bill must now be approved by the Rajya Sabha within 14 days. If not, it automatically becomes the law. The legislation has been introduced as the next step in the huge initiative launched earlier this ...
-
Uber Helps Tech-Savvy Estonia Test Unique Tax System
Due to be launched next year, the system -- the first of its kind in the world -- will automatically include the amount earned by drivers in the tax return, although payers can make changes.
-
Money Laundering to Become Difficult in Next 1-2 Years: Arun Jaitley
Finance Minister Arun Jaitley today said tax evasion and money laundering will become "extremely difficult" in the next 1-2 years, with real-time global automatic exchange of information system coming into effect.
