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Tobacco, Liquor, Fancy Cars: What Will Cost More As Centre Plans GST Revision
Cigarettes, carbonated drinks, and high-end cars are among items that may become more expensive if a proposal to replace the expiring compensation cess - in the Goods and Services Tax system - with cesses on health and clean energy.
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"Garbage Cess": Bengaluru Residents To Pay New Trash Tax From Today
The Bruhat Bengaluru Mahanagara Palike (BBMP) has implemented a "garbage cess" under which the residents of Bengaluru will have to pay a solid waste management user fee effective from April 1.
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Trip To Uttarakhand To Get Costlier, Vehicles Will Soon Pay Green Tax
The Uttarakhand government will soon impose a green cess on out-of-state vehicles, an official said on Saturday.
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Karnataka Plans 2% Cess On Movie Tickets, OTT Subscriptions For Welfare Fund
The Karnataka government is considering a cess on movie tickets and OTT subscription fees to support cinema and cultural artists.
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Maharashtra Came Up With Law On Acquisition Of 'Cessed Property': Supreme Court
The Maharashtra government came up with a law for acquiring old and dilapidated buildings that were unsafe as the tenants were sitting tight over the properties and landlords had no money for repairs.
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In Setback To Himachal, High Court Strikes Down Cess On Hydropower Generation
In a setback to the Sukhwinder Singh Sukhu-led Congress government, the Himachal Pradesh High Court on Tuesday declared the water cess levied on hydropower generation unconstitutional.
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Maharashtra Man Challenges Rs 180 Hike In Sanitary Cess, Court Orders Refund
A court in Maharashtra's Raigad district has asked the Alibaug civic body to issue a refund to a local after he challenged a hike of Rs 180 in the annual sanitary cess for his house.
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Gujarat Earned Rs 38,760 Crore From Taxes On Petrol, Diesel In 2 Years
The Gujarat government earned Rs 38,730 crore from value-added tax (VAT) and cess on petrol, diesel, CNG and PNG in the last two years, the state legislative Assembly was informed on Monday.
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Congress's "Pick-Pocket" Jibe As Kerala Government Imposes Fuel Tax
Leader of Opposition in the Kerala Assembly VD Satheesan on Tuesday criticised the Left government's decision to levy cess on fuel.
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West Bengal Says Centre Owes It Rs 2,409 Crore As GST Compensation
The West Bengal government on Friday night said the Centre owes it Rs 2,409.96 crore, responding to Union Finance Minister Nirmala Sitharaman's statement that the state has not sent GST compensation cess claim with accountant general (AG) certificate
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Fuel To Cost More In Punjab, 90 Paise/Litre Cess On Petrol, Diesel Imposed
The Punjab government has decided to impose a cess of 90 paise per litre on petrol and diesel in a meeting of the state cabinet here on Friday.
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Liquor, Fuel To Cost More In Kerala; Social Security Cess Levied
Petrol, diesel and liquor are to cost more in Kerala as the Left government imposed Social Security Cess on their sales as a way to mobilise additional revenue in the state budget presented here on Friday.
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India Should Consider Lowering TDS Rate on Cryptocurrency Trade to Stem Flight of Capital, Users: Report
India should consider lowering the 1 percent TDS imposed on cryptocurrency transactions, according to a joint report Chase India and Indus Law. The government, from April 1 last year, has brought in a 30 per cent income tax plus surcharge and cess on transfer of virtual digital assets (VDAs), including cryptocurrencies, like Bitcoin, Ethereum, Teth...
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What You Need to Know About Crypto, NFT Laws in India
The Income Tax Department has come out with detailed disclosure requirements for TDS deductions for virtual digital assets, under which date of transfer and mode of payment will have to be specified. The 2022-23 Budget has brought in clarity with regard to levy of income tax on crypto assets. From April 1, a 30 percent I-T plus cess and surcharges,...
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On Farm Product Sale Outside Markets, Tamil Nadu Parties' Opposing Stance
Tamil Nadu Cess On Farm Produce: AIADMK coordinator O Panneerselvam today said the party was against the move to levy oneper cent market cess by the Tamil Nadu government on sale of agriculture produce outside the regulated markets.
-
Tobacco, Liquor, Fancy Cars: What Will Cost More As Centre Plans GST Revision
Cigarettes, carbonated drinks, and high-end cars are among items that may become more expensive if a proposal to replace the expiring compensation cess - in the Goods and Services Tax system - with cesses on health and clean energy.
-
"Garbage Cess": Bengaluru Residents To Pay New Trash Tax From Today
The Bruhat Bengaluru Mahanagara Palike (BBMP) has implemented a "garbage cess" under which the residents of Bengaluru will have to pay a solid waste management user fee effective from April 1.
-
Trip To Uttarakhand To Get Costlier, Vehicles Will Soon Pay Green Tax
The Uttarakhand government will soon impose a green cess on out-of-state vehicles, an official said on Saturday.
-
Karnataka Plans 2% Cess On Movie Tickets, OTT Subscriptions For Welfare Fund
The Karnataka government is considering a cess on movie tickets and OTT subscription fees to support cinema and cultural artists.
-
Maharashtra Came Up With Law On Acquisition Of 'Cessed Property': Supreme Court
The Maharashtra government came up with a law for acquiring old and dilapidated buildings that were unsafe as the tenants were sitting tight over the properties and landlords had no money for repairs.
-
In Setback To Himachal, High Court Strikes Down Cess On Hydropower Generation
In a setback to the Sukhwinder Singh Sukhu-led Congress government, the Himachal Pradesh High Court on Tuesday declared the water cess levied on hydropower generation unconstitutional.
-
Maharashtra Man Challenges Rs 180 Hike In Sanitary Cess, Court Orders Refund
A court in Maharashtra's Raigad district has asked the Alibaug civic body to issue a refund to a local after he challenged a hike of Rs 180 in the annual sanitary cess for his house.
-
Gujarat Earned Rs 38,760 Crore From Taxes On Petrol, Diesel In 2 Years
The Gujarat government earned Rs 38,730 crore from value-added tax (VAT) and cess on petrol, diesel, CNG and PNG in the last two years, the state legislative Assembly was informed on Monday.
-
Congress's "Pick-Pocket" Jibe As Kerala Government Imposes Fuel Tax
Leader of Opposition in the Kerala Assembly VD Satheesan on Tuesday criticised the Left government's decision to levy cess on fuel.
-
West Bengal Says Centre Owes It Rs 2,409 Crore As GST Compensation
The West Bengal government on Friday night said the Centre owes it Rs 2,409.96 crore, responding to Union Finance Minister Nirmala Sitharaman's statement that the state has not sent GST compensation cess claim with accountant general (AG) certificate
-
Fuel To Cost More In Punjab, 90 Paise/Litre Cess On Petrol, Diesel Imposed
The Punjab government has decided to impose a cess of 90 paise per litre on petrol and diesel in a meeting of the state cabinet here on Friday.
-
Liquor, Fuel To Cost More In Kerala; Social Security Cess Levied
Petrol, diesel and liquor are to cost more in Kerala as the Left government imposed Social Security Cess on their sales as a way to mobilise additional revenue in the state budget presented here on Friday.
-
India Should Consider Lowering TDS Rate on Cryptocurrency Trade to Stem Flight of Capital, Users: Report
India should consider lowering the 1 percent TDS imposed on cryptocurrency transactions, according to a joint report Chase India and Indus Law. The government, from April 1 last year, has brought in a 30 per cent income tax plus surcharge and cess on transfer of virtual digital assets (VDAs), including cryptocurrencies, like Bitcoin, Ethereum, Teth...
-
What You Need to Know About Crypto, NFT Laws in India
The Income Tax Department has come out with detailed disclosure requirements for TDS deductions for virtual digital assets, under which date of transfer and mode of payment will have to be specified. The 2022-23 Budget has brought in clarity with regard to levy of income tax on crypto assets. From April 1, a 30 percent I-T plus cess and surcharges,...
-
On Farm Product Sale Outside Markets, Tamil Nadu Parties' Opposing Stance
Tamil Nadu Cess On Farm Produce: AIADMK coordinator O Panneerselvam today said the party was against the move to levy oneper cent market cess by the Tamil Nadu government on sale of agriculture produce outside the regulated markets.
