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Opinion: North-South Row - Why Both Centre & States Need To Course-Correct
The Centre needs to revisit the 'income distance' criterion, which gets a heavy weightage in the computation of tax devolution. Southern states, in turn, need to address their own pain points. It's give some, take some.
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Kerala Objects To Centre Deducting Rs 332 Crore From Tax Settlement
The Kerala government on Saturday raised an objection to a deduction of around Rs 332 crore from the settlement of Integrated Goods and Services Tax (IGST) for November 2023 to the state.
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"Taxes Paid": Kerala Government On Firm Owned By Chief Minister's Daughter
The Kerala government has made it clear that the IT firm owned by Chief Minister Pinarayi Vijayan's daughter had duly paid the required Integrated Goods and Services Tax (IGST) for her business transactions with a Kochi-based minerals company.
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Cheap Political Gains: Congress On UP Making 'The Kerala Story' Tax-Free
The Congress on Tuesday hit out at the Yogi Adityanath government in Uttar Pradesh over its announcement that "The Kerala Story" will be tax-free in the state and accused the BJP of doing this for "cheap political gains".
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Controversial Movie "The Kerala Story" Made Tax-Free In Madhya Pradesh
Madhya Pradesh Chief Minister Shivraj Singh Chouhan today announced to give tax-free status to controversial movie 'The Kerala Story' in the state.
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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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Shashi Tharoor Clarifies Remark On 'Boycott' Campaign For India-Lanka Match
"What is the need for reducing the tax? The argument is that the country is witnessing the phenomenon of price rise, so the tax should be reduced. Those who are starving need not go to watch the match," the Minister had earlier said.
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High Court Stays Income Tax Penalty Order Of Rs 1.5 Crore On Actor Vijay
The Madras High Court on Tuesday provided temporary relief to actor Vijay, by staying the orders of the Income Tax department and imposing a penalty of Rs 1.5 crore on him for not voluntarily disclosing Rs 15 crore in his Income Tax returns 2016-2017
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Kerala Won't Impose GST On Essential Items Sold By Small Stores: Minister
Amid growing protest over the imposition of Goods and Services Tax (GST) on essential commodities, Kerala government on Tuesday said it does not intend to tax items sold by entities like Kudumbashree, or small stores in 1 or 2 kg packets.
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These States Have Further Reduced Petrol, Diesel Prices After Centre's Excise Duty Cut
Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.
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Kerala Cuts State Tax On Petrol By Rs 2.41, Diesel By Rs 1.36
The Kerala government on Saturday announced a cut in tax on the prices of petrol and diesel by Rs 2.41 and Rs 1.36 per litre respectively, following reduction of fuel price by the Centre.
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Rs 200 Crore Black Income Detected After Raids On Kerala Quarry Operators
The Income Tax Department has detected unaccounted income of Rs 200 crore after it recently raided two Kerala-based quarry operators, the Central Board of Direct Taxes said on Monday.
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Kerala Rejects Demand To Drop Fuel Tax, Opposition Says "Tax Terrorism"
Kerala Assembly on Tuesday witnessed intense war of words between CPI(M)-led ruling front and Congress-headed opposition over frequent fuel price hike in the country and the latter walked out of House terming it as "state-sponsored tax terrorism."
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Kerala, Opposition Join Hands Against Centre Over Taxing Co-Operative Milk Producers
Kerala Animal Husbandry and Dairy Development Minister J Chinchurani on Tuesday said a resolution against the proposal would be brought in the State Assembly, which would be adopted unanimously with the support of the opposition parties.
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Rs 20,000 Crore Covid Fund, No New Taxes And A Dig In Kerala Budget
A Rs 20,000 crore Covid package, liquid oxygen plant of 150 metric tonnes capacity, Rs 1,000 crore towards Covid vaccines and no new taxes were some of the big announcements in the revised budget presented by Kerala Finance Minister KN Balagopal.
-
Opinion: North-South Row - Why Both Centre & States Need To Course-Correct
The Centre needs to revisit the 'income distance' criterion, which gets a heavy weightage in the computation of tax devolution. Southern states, in turn, need to address their own pain points. It's give some, take some.
-
Kerala Objects To Centre Deducting Rs 332 Crore From Tax Settlement
The Kerala government on Saturday raised an objection to a deduction of around Rs 332 crore from the settlement of Integrated Goods and Services Tax (IGST) for November 2023 to the state.
-
"Taxes Paid": Kerala Government On Firm Owned By Chief Minister's Daughter
The Kerala government has made it clear that the IT firm owned by Chief Minister Pinarayi Vijayan's daughter had duly paid the required Integrated Goods and Services Tax (IGST) for her business transactions with a Kochi-based minerals company.
-
Cheap Political Gains: Congress On UP Making 'The Kerala Story' Tax-Free
The Congress on Tuesday hit out at the Yogi Adityanath government in Uttar Pradesh over its announcement that "The Kerala Story" will be tax-free in the state and accused the BJP of doing this for "cheap political gains".
-
Controversial Movie "The Kerala Story" Made Tax-Free In Madhya Pradesh
Madhya Pradesh Chief Minister Shivraj Singh Chouhan today announced to give tax-free status to controversial movie 'The Kerala Story' in the state.
-
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.
-
Shashi Tharoor Clarifies Remark On 'Boycott' Campaign For India-Lanka Match
"What is the need for reducing the tax? The argument is that the country is witnessing the phenomenon of price rise, so the tax should be reduced. Those who are starving need not go to watch the match," the Minister had earlier said.
-
High Court Stays Income Tax Penalty Order Of Rs 1.5 Crore On Actor Vijay
The Madras High Court on Tuesday provided temporary relief to actor Vijay, by staying the orders of the Income Tax department and imposing a penalty of Rs 1.5 crore on him for not voluntarily disclosing Rs 15 crore in his Income Tax returns 2016-2017
-
Kerala Won't Impose GST On Essential Items Sold By Small Stores: Minister
Amid growing protest over the imposition of Goods and Services Tax (GST) on essential commodities, Kerala government on Tuesday said it does not intend to tax items sold by entities like Kudumbashree, or small stores in 1 or 2 kg packets.
-
These States Have Further Reduced Petrol, Diesel Prices After Centre's Excise Duty Cut
Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.
-
Kerala Cuts State Tax On Petrol By Rs 2.41, Diesel By Rs 1.36
The Kerala government on Saturday announced a cut in tax on the prices of petrol and diesel by Rs 2.41 and Rs 1.36 per litre respectively, following reduction of fuel price by the Centre.
-
Rs 200 Crore Black Income Detected After Raids On Kerala Quarry Operators
The Income Tax Department has detected unaccounted income of Rs 200 crore after it recently raided two Kerala-based quarry operators, the Central Board of Direct Taxes said on Monday.
-
Kerala Rejects Demand To Drop Fuel Tax, Opposition Says "Tax Terrorism"
Kerala Assembly on Tuesday witnessed intense war of words between CPI(M)-led ruling front and Congress-headed opposition over frequent fuel price hike in the country and the latter walked out of House terming it as "state-sponsored tax terrorism."
-
Kerala, Opposition Join Hands Against Centre Over Taxing Co-Operative Milk Producers
Kerala Animal Husbandry and Dairy Development Minister J Chinchurani on Tuesday said a resolution against the proposal would be brought in the State Assembly, which would be adopted unanimously with the support of the opposition parties.
-
Rs 20,000 Crore Covid Fund, No New Taxes And A Dig In Kerala Budget
A Rs 20,000 crore Covid package, liquid oxygen plant of 150 metric tonnes capacity, Rs 1,000 crore towards Covid vaccines and no new taxes were some of the big announcements in the revised budget presented by Kerala Finance Minister KN Balagopal.
