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Now, Sewage Bills Instead Of Water Bills For Delhi Hotels, Malls, Hospitals
Delhi's hotels, shopping malls, banquet halls, private hospitals, and other large commercial establishments will now be billed on basis of the amount of sewage they discharge, instead of traditional water meter readings, the Delhi government has said
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How To Tax Popcorn? Government's GST Formula Sparks Debate
Centre's move to tax popcorn differently based on its sugar or spice content has sparked a debate, with two former government economic advisers questioning the tax system introduced in 2017.
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Why Are We Taxing Popcorn Differently? India's New GST Rates Cause Social Media Stir
India's decision to tax popcorn differently based on its sugar or spice content has drawn criticism from the opposition and sparked a reaction on social media, with two former economic advisers questioning the move.
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A "Toilet Tax" In Himachal Pradesh? Chief Minister Clarifies Amid Uproar
Amid uproar over reports that people in Himachal Pradesh will now be taxed based on the number of toilet seats they have in their houses, Chief Minister Sukhvinder Singh Sukhu today said that there was no such "toilet tax" in the state.
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"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
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Coded Diary, Broken Names: Lokayukta Probes Madhya Pradesh Liquor 'Scam'
The Madhya Pradesh Lokayukta has launched an investigation into an alleged massive liquor scam based on a confidential report from the Income Tax Department.
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Congress Got Large Amounts In Cash, Had Ample Time To Reply: Sources On Tax Charge
The Congress' claims of "tax terrorism" based on fresh notices from the Income Tax department have been strongly countered by sources in the government agency, who have pointed out that incriminating material had been seized.
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Tax Assessments Against Congress Based On Incriminating Evidence: Sources
Income tax notices to the Indian National Congress were issued back in March 2023 and the assessment proceedings demanded for those seven years, as per law, were set to get time barred on March 31, 2024, according to sources.
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Case Of Forgery, Criminal Conspiracy Filed Against Hero MotoCorp
The Delhi Police has filed a case of forgery and criminal conspiracy based on a complaint alleging that Hero MotoCorp manufactured fake bills worth Rs 5.9 crore and obtained tax credit of over Rs 55 lakh, officials said on Monday.
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Sony Doubles Down on Entertainment, Expects to Sell 25 Million PS5 Consoles This Financial Year
Sony Group on Thursday said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on entertainment and image sensors. A partial spin-off of Sony Financial, which the group said was made possible by changes in tax rules, would allow the newly listed business to retai...
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Unaccounted Income Over Rs 250 Crore Found In Raids On Kolkata Real Estate Groups
The income tax department has found "undisclosed" income of more than Rs 250 crore after it raided two "prominent" real estate groups based in Kolkata, West Bengal, the CBDT said today.
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Delhi Property Tax Rates Likely To Go Up Marginally
Property tax rates may go up marginally in Delhi if the report of the MCD's fifth Municipal Valuation Committee (MVC) is implemented which recommends a 37 per cent increase in base unit area value, officials said on Wednesday.
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Unaccounted Income Of Over Rs 150 Crore Detected After Raids On UP Group
The income tax department has detected "unaccounted" income of more than Rs 150 crore after it recently raided a business group based in Jhansi, Uttar Pradesh, that is engaged in undertaking civil contracts and real estate development, the CBDT said.
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Over 7 Percent Indians Owned Digital Currency in Form of Cryptocurrency in 2021: UNCTAD
India is at the seventh spot in the list of countries that owned digital currencies in 2021, according to UNCTAD. The agency also claims that over 7 percent of Indians owned digital currency in the form of cryptocurrency in 2021. Meanwhile, Reserve Bank of India Governor Shaktikanta Das recently said that cryptocurrencies are a clear danger and any...
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Three Maharashtra Businessmen Arrested For GST Evasion, Tax Fraud Worth Rs 78 Crore
Three partners of a firm based in neighbouring Thane district were arrested on Sunday for allegedly evading Goods and Services Tax (GST) and fraudulently availing input tax credit (ITC) collectively worth Rs 78 crore, officials said.
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Now, Sewage Bills Instead Of Water Bills For Delhi Hotels, Malls, Hospitals
Delhi's hotels, shopping malls, banquet halls, private hospitals, and other large commercial establishments will now be billed on basis of the amount of sewage they discharge, instead of traditional water meter readings, the Delhi government has said
-
How To Tax Popcorn? Government's GST Formula Sparks Debate
Centre's move to tax popcorn differently based on its sugar or spice content has sparked a debate, with two former government economic advisers questioning the tax system introduced in 2017.
-
Why Are We Taxing Popcorn Differently? India's New GST Rates Cause Social Media Stir
India's decision to tax popcorn differently based on its sugar or spice content has drawn criticism from the opposition and sparked a reaction on social media, with two former economic advisers questioning the move.
-
A "Toilet Tax" In Himachal Pradesh? Chief Minister Clarifies Amid Uproar
Amid uproar over reports that people in Himachal Pradesh will now be taxed based on the number of toilet seats they have in their houses, Chief Minister Sukhvinder Singh Sukhu today said that there was no such "toilet tax" in the state.
-
"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
-
Coded Diary, Broken Names: Lokayukta Probes Madhya Pradesh Liquor 'Scam'
The Madhya Pradesh Lokayukta has launched an investigation into an alleged massive liquor scam based on a confidential report from the Income Tax Department.
-
Congress Got Large Amounts In Cash, Had Ample Time To Reply: Sources On Tax Charge
The Congress' claims of "tax terrorism" based on fresh notices from the Income Tax department have been strongly countered by sources in the government agency, who have pointed out that incriminating material had been seized.
-
Tax Assessments Against Congress Based On Incriminating Evidence: Sources
Income tax notices to the Indian National Congress were issued back in March 2023 and the assessment proceedings demanded for those seven years, as per law, were set to get time barred on March 31, 2024, according to sources.
-
Case Of Forgery, Criminal Conspiracy Filed Against Hero MotoCorp
The Delhi Police has filed a case of forgery and criminal conspiracy based on a complaint alleging that Hero MotoCorp manufactured fake bills worth Rs 5.9 crore and obtained tax credit of over Rs 55 lakh, officials said on Monday.
-
Sony Doubles Down on Entertainment, Expects to Sell 25 Million PS5 Consoles This Financial Year
Sony Group on Thursday said it is examining a partial spin-off of its financial business just three years after taking full control, as the conglomerate doubles down on entertainment and image sensors. A partial spin-off of Sony Financial, which the group said was made possible by changes in tax rules, would allow the newly listed business to retai...
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Unaccounted Income Over Rs 250 Crore Found In Raids On Kolkata Real Estate Groups
The income tax department has found "undisclosed" income of more than Rs 250 crore after it raided two "prominent" real estate groups based in Kolkata, West Bengal, the CBDT said today.
-
Delhi Property Tax Rates Likely To Go Up Marginally
Property tax rates may go up marginally in Delhi if the report of the MCD's fifth Municipal Valuation Committee (MVC) is implemented which recommends a 37 per cent increase in base unit area value, officials said on Wednesday.
-
Unaccounted Income Of Over Rs 150 Crore Detected After Raids On UP Group
The income tax department has detected "unaccounted" income of more than Rs 150 crore after it recently raided a business group based in Jhansi, Uttar Pradesh, that is engaged in undertaking civil contracts and real estate development, the CBDT said.
-
Over 7 Percent Indians Owned Digital Currency in Form of Cryptocurrency in 2021: UNCTAD
India is at the seventh spot in the list of countries that owned digital currencies in 2021, according to UNCTAD. The agency also claims that over 7 percent of Indians owned digital currency in the form of cryptocurrency in 2021. Meanwhile, Reserve Bank of India Governor Shaktikanta Das recently said that cryptocurrencies are a clear danger and any...
-
Three Maharashtra Businessmen Arrested For GST Evasion, Tax Fraud Worth Rs 78 Crore
Three partners of a firm based in neighbouring Thane district were arrested on Sunday for allegedly evading Goods and Services Tax (GST) and fraudulently availing input tax credit (ITC) collectively worth Rs 78 crore, officials said.
