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Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
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US Woman In Bengaluru Suggests Taxing NRIs To Ease India's "Insane" Tax Burden, Sparks Debate
Ms Marie also addressed the issue of some Indians considering moving abroad solely to escape high taxes.
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"Someone With Rs 12 Lakh Salary In Nehru's Time...": PM Jabs Congress On Budget
Prime Minister Narendra Modi invoked former prime minister Jawaharlal Nehru's name in a swipe at the Congress party over heavy tax burden in the past.
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Opinion | Union Budget: Keeping The Kingmakers Happy
The middle class, which accounts for about 31% of India's population and makes up a core support block of the Bharatiya Janata Party (BJP), was beginning to feel discontented due to the huge tax burden on it.
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No Income Tax Up To Rs 12 Lakh: Internet Flags Questions, Confusion
Finance Minister Nirmala Sitharaman announced revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
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Budget 2025: Slabs Revised For New Regime, No Tax On Income Up To Rs 4 Lakh
Good news for the middle class. Finance Minister Nirmala Sitharaman has announced a revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
-
India Gets New Crypto-INR Futures Exchange Named ‘Pi42’ from WazirX, ZebPay Leaders
Zebpay CEO Avinash Shekhar and WazirX founder Nischal Shetty have launched a new crypto-INR Futures Exchange called ‘Pi42’ on Wednesday, February 7. Pi42, as disclosed by its founders, has already been registered with the FIU – which means Indians can start trying it out.
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Australia Plans Crypto Taxation as Government Gears to Reform Payment Laws
The government of Australia has begun thinking of ways to regulate the crypto sector. Along with bringing digital assets under the tax regime of the nation, Australia is also aiming to ensure investor protection. Foreign crypto exchanges operating in the country may also have to agree to store Australian data inside the country itself.
-
"Centre, States Should Talk" On Reducing Fuel Prices: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman today said there should be less burden on consumers and both the Centre and states should talk with each other over reducing taxes on diesel and petrol whose prices have risen sharply in recent times.
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Union Budget 2021: Luxury Carmakers Hope For Lower Taxes, Stable Policy And Incentives On EVs
The Union Minister of Finance, Nirmala Sitharaman is all set to announce the budget for Financial Year 2021-22, on February 1. Given the eventful year, we have had, the auto industry has some kind of relief expectations from the upcoming budget, considering it was one of the highly impacted sectors. The luxury car segment in particular, which has a...
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Centre Burdening Common Man With High Taxes On Petrol, Diesel: Congress
The Congress on Saturday accused the BJP-led government of burdening the common man with high taxes on petrol and diesel and earning Rs 2.5 lakh crore since March 5.
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Imposing Higher Taxes During COVID-19 Lockdown "Cruel": P Chidambaram
Governments must borrow to meet their deficits and not impose higher tax burdens when economic activity has ground to a halt amid the coronavirus pandemic, senior Congress leader P Chidambaram said on Wednesday after the Centre and the Delhi government hiked taxes on petroleum products.
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Amazon, Flipkart Push Back Against Proposed 1 Percent Tax on Online Sellers
Amazon and Walmart's Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry.
-
Budget 2020: Investment in Quantum Computing, BharatNet, ESOP Tax Relaxation, Data Centre Parks, More
From the newly proposed electronics manufacturing scheme to the ease of burden of tax on startups, here’s a lowdown on all the technology and science related announcements made during the budget speech of 2020.
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"Excessive Tax Is Social Injustice By Government": Chief Justice SA Bobde
With only a week to go for the Union Budget, Chief Justice of India SA Bobde today asked the central government to take steps to reduce the tax burden on citizens and ensure the country's all-round development.
-
Supreme Court Upholds Constitutional Validity of Dual Taxation on Cable TV, OTT Platforms: Report
The Supreme Court has upheld the right of state governments to levy an entertainment tax on broadcasting and digital streaming services, as they are classified as a "luxury" under the seventh schedule of the Constitution of India. This ruling clarifies that both cable TV broadcasters are liable to pay a service tax to the central government and an ...
-
US Woman In Bengaluru Suggests Taxing NRIs To Ease India's "Insane" Tax Burden, Sparks Debate
Ms Marie also addressed the issue of some Indians considering moving abroad solely to escape high taxes.
-
"Someone With Rs 12 Lakh Salary In Nehru's Time...": PM Jabs Congress On Budget
Prime Minister Narendra Modi invoked former prime minister Jawaharlal Nehru's name in a swipe at the Congress party over heavy tax burden in the past.
-
Opinion | Union Budget: Keeping The Kingmakers Happy
The middle class, which accounts for about 31% of India's population and makes up a core support block of the Bharatiya Janata Party (BJP), was beginning to feel discontented due to the huge tax burden on it.
-
No Income Tax Up To Rs 12 Lakh: Internet Flags Questions, Confusion
Finance Minister Nirmala Sitharaman announced revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
-
Budget 2025: Slabs Revised For New Regime, No Tax On Income Up To Rs 4 Lakh
Good news for the middle class. Finance Minister Nirmala Sitharaman has announced a revised tax slabs and rates under the new regime to reduce the burden for all taxpayers.
-
India Gets New Crypto-INR Futures Exchange Named ‘Pi42’ from WazirX, ZebPay Leaders
Zebpay CEO Avinash Shekhar and WazirX founder Nischal Shetty have launched a new crypto-INR Futures Exchange called ‘Pi42’ on Wednesday, February 7. Pi42, as disclosed by its founders, has already been registered with the FIU – which means Indians can start trying it out.
-
Australia Plans Crypto Taxation as Government Gears to Reform Payment Laws
The government of Australia has begun thinking of ways to regulate the crypto sector. Along with bringing digital assets under the tax regime of the nation, Australia is also aiming to ensure investor protection. Foreign crypto exchanges operating in the country may also have to agree to store Australian data inside the country itself.
-
"Centre, States Should Talk" On Reducing Fuel Prices: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman today said there should be less burden on consumers and both the Centre and states should talk with each other over reducing taxes on diesel and petrol whose prices have risen sharply in recent times.
-
Union Budget 2021: Luxury Carmakers Hope For Lower Taxes, Stable Policy And Incentives On EVs
The Union Minister of Finance, Nirmala Sitharaman is all set to announce the budget for Financial Year 2021-22, on February 1. Given the eventful year, we have had, the auto industry has some kind of relief expectations from the upcoming budget, considering it was one of the highly impacted sectors. The luxury car segment in particular, which has a...
-
Centre Burdening Common Man With High Taxes On Petrol, Diesel: Congress
The Congress on Saturday accused the BJP-led government of burdening the common man with high taxes on petrol and diesel and earning Rs 2.5 lakh crore since March 5.
-
Imposing Higher Taxes During COVID-19 Lockdown "Cruel": P Chidambaram
Governments must borrow to meet their deficits and not impose higher tax burdens when economic activity has ground to a halt amid the coronavirus pandemic, senior Congress leader P Chidambaram said on Wednesday after the Centre and the Delhi government hiked taxes on petroleum products.
-
Amazon, Flipkart Push Back Against Proposed 1 Percent Tax on Online Sellers
Amazon and Walmart's Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry.
-
Budget 2020: Investment in Quantum Computing, BharatNet, ESOP Tax Relaxation, Data Centre Parks, More
From the newly proposed electronics manufacturing scheme to the ease of burden of tax on startups, here’s a lowdown on all the technology and science related announcements made during the budget speech of 2020.
-
"Excessive Tax Is Social Injustice By Government": Chief Justice SA Bobde
With only a week to go for the Union Budget, Chief Justice of India SA Bobde today asked the central government to take steps to reduce the tax burden on citizens and ensure the country's all-round development.
