Tax

China has announced a range of measures to support auto sales and the sputtering economy, including a halving of the tax on purchases of small-engine cars with sticker prices of up to about $45,000.

Cryptocurrencies and digital assets issuers in Russia may no longer have to worry about Value Added Tax (VATs) payments moving forward, all thanks to the proposed draft law that has seen approval from the State Duma.

Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.

The Goods and Services Tax (GST) Council meeting ended its two-day deliberations today, where a host of issues like rate rationalisation, levying 28 per cent tax on online gaming and horse racing and the vexed issue of continuing GST compensation to states, were discussed.

The Goods and Services Tax (GST) Council has asked the Group of Ministers (GoM) to re-deliberate the tax rate on horse racing, online gaming and casinos by July 15, Finance Minister Nirmala Sitharaman said while addressing the media after a two-day meeting.

Congress leader Rahul Gandhi hit out at the government over rise in taxes on pre-packed food items and hotel stay, alleging that the prime minister's "Gabbar Singh Tax" is now taking the shape of "Grahasti Sarvnaash Tax" (household destruction tax).

Finance Minister Nirmala Sitharaman begins briefing media on the outcomes of the 47th Goods and Services Tax (GST) Council meeting

Russian lawmakers on Tuesday approved a draft law that would potentially exempt issuers of digital assets and cryptocurrencies from value-added tax.

A highest 28 per cent tax rate on online gaming, casinos and horse racing is slated for discussion at the second day of the GST Council meeting

The Goods and Services Tax (GST) Council has accepted the recommendations of a panel of State Finance Ministers and Fitment Committee to bring unbranded but packed (local) dairy and agricultural products within the ambit of a 5 per cent tax rate slab.

The GST Council on Tuesday approved changes in tax rates on some goods and services while allowing states to issue an e-way bill for intra-state movement of gold and precious stones, officials said. It was the first day of the two-day meeting of the GST Council which is headed by Finance Minister Nirmala Sitharaman, and is going on in Chandigarh.

Hero Lectro says that five of its products will see price reduction under the Delhi Governments EV Policy. Its a direct result of the subsidy and tax exemption announcement by the Delhi State Government.

There is a lot of difference between income tax and TDS. Both the taxes have a different mechanism when it comes to computing them

The two-day 47th GST (Goods and Services Tax) Council meeting, chaired by Finance Minister Nirmala Sitaraman, which started in Chandigarh today, is underway.

Lithuanian state and private institutions were hit by a denial-of-service cyberattack on Monday. Russian hacker group Killnet claimed responsibility for the distributed denial of service (DDoS) cyberattack, saying it was in response to Vilnius's decision to block the transit of goods sanctioned by the European Union to the Russian exclave of Kalini...

China has announced a range of measures to support auto sales and the sputtering economy, including a halving of the tax on purchases of small-engine cars with sticker prices of up to about $45,000.

Cryptocurrencies and digital assets issuers in Russia may no longer have to worry about Value Added Tax (VATs) payments moving forward, all thanks to the proposed draft law that has seen approval from the State Duma.

Shares in Indian steel and iron ore groups including Tata Steel and JSW Steel slid on Monday at the steepest pace since early 2020 after the government imposed heavy export taxes on the sector, while carmakers rose on lower input costs.

The Goods and Services Tax (GST) Council meeting ended its two-day deliberations today, where a host of issues like rate rationalisation, levying 28 per cent tax on online gaming and horse racing and the vexed issue of continuing GST compensation to states, were discussed.

The Goods and Services Tax (GST) Council has asked the Group of Ministers (GoM) to re-deliberate the tax rate on horse racing, online gaming and casinos by July 15, Finance Minister Nirmala Sitharaman said while addressing the media after a two-day meeting.

Congress leader Rahul Gandhi hit out at the government over rise in taxes on pre-packed food items and hotel stay, alleging that the prime minister's "Gabbar Singh Tax" is now taking the shape of "Grahasti Sarvnaash Tax" (household destruction tax).

Finance Minister Nirmala Sitharaman begins briefing media on the outcomes of the 47th Goods and Services Tax (GST) Council meeting

Russian lawmakers on Tuesday approved a draft law that would potentially exempt issuers of digital assets and cryptocurrencies from value-added tax.

A highest 28 per cent tax rate on online gaming, casinos and horse racing is slated for discussion at the second day of the GST Council meeting

The Goods and Services Tax (GST) Council has accepted the recommendations of a panel of State Finance Ministers and Fitment Committee to bring unbranded but packed (local) dairy and agricultural products within the ambit of a 5 per cent tax rate slab.

The GST Council on Tuesday approved changes in tax rates on some goods and services while allowing states to issue an e-way bill for intra-state movement of gold and precious stones, officials said. It was the first day of the two-day meeting of the GST Council which is headed by Finance Minister Nirmala Sitharaman, and is going on in Chandigarh.

Hero Lectro says that five of its products will see price reduction under the Delhi Governments EV Policy. Its a direct result of the subsidy and tax exemption announcement by the Delhi State Government.

There is a lot of difference between income tax and TDS. Both the taxes have a different mechanism when it comes to computing them

The two-day 47th GST (Goods and Services Tax) Council meeting, chaired by Finance Minister Nirmala Sitaraman, which started in Chandigarh today, is underway.

Lithuanian state and private institutions were hit by a denial-of-service cyberattack on Monday. Russian hacker group Killnet claimed responsibility for the distributed denial of service (DDoS) cyberattack, saying it was in response to Vilnius's decision to block the transit of goods sanctioned by the European Union to the Russian exclave of Kalini...