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Probe Agency Arrests West Bengal Man Who Extorted Money By Posing As Its Officer
The Enforcement Directorate on Thursday said it has arrested a man from West Bengal who allegedly impersonated as its officer and extorted money from businessmen by threatening them with money laundering investigation.
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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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US Canada Resume Trade Talks Days After Trump Ended It Over Tax On Tech Firms
Canadian Prime Minister Mark Carney said late Sunday trade talks with US have resumed after Canada rescinded its plan to tax US technology firms.
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Canada To Continue To Conduct "Complex Negotiations" With US: Mark Carney
Canadian Prime Minister Mark Carney called the negotiations with the United States "complex" when he responded to the announcement of US President Donald Trump to terminate all trade talks with Canada with potential new tariffs.
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Digital Services Tax: Trump's Latest Beef With Canada
The Digital Services Tax requires foreign and domestic large businesses to pay revenue tax that is earned from engaging with online users in Canada.
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Trump Ends Trade Talks With Canada Over Tax On US Tech Firms
President Donald Trump said Friday that he is calling off trade negotiations with Canada in retaliation for taxes impacting major US tech firms, adding that Ottawa will learn of their tariff rate within a week.
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"Difficult Country": Trump Calls Off Trade Talks With Canada
US President Donald Trump said on Friday that he is calling off trade negotiations with Canada immediately, citing its digital services tax and adding that Ottawa will learn of their tariff rate within a week.
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New India Assurance Gets GST Demand Notice Of Nearly Rs 2,300 Crore
New India Assurance Company Ltd on Thursday said tax authorities have issued a show cause notice with a demand of Rs 2,298 crore Goods and Services Tax (GST) for five financial years.
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No Toll Tax Proposed For 2-Wheelers: Nitin Gadkari Amid Reports
Union Minister for Road Transport and Highways, Nitin Gadkari, on Thursday dismissed media reports suggesting that two-wheelers will be required to pay tolls on National Highways from July 15.
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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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Revenue Service Officer Assaulted By Colleague At Income Tax Office: Police
An Indian Revenue Service (IRS) officer was allegedly assaulted by a colleague from the Income Tax Department during an argument in Lucknow on Thursday, police sources said.
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Thane Businessman Allegedly Duped Of Rs 4.5 Crore In GST Fraud
A 60-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.5 crore by a man who carried out transactions through his company and evaded payment of Goods and Services Tax (GST), police said on Monday.
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GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
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No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
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IndiGo Faces Rs 944 Crore Tax Penalty, Terms It "Erroneous"
With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, India's largest airline has termed the order "erroneous" and vowed to challenge it legally.
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Probe Agency Arrests West Bengal Man Who Extorted Money By Posing As Its Officer
The Enforcement Directorate on Thursday said it has arrested a man from West Bengal who allegedly impersonated as its officer and extorted money from businessmen by threatening them with money laundering investigation.
-
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.
-
US Canada Resume Trade Talks Days After Trump Ended It Over Tax On Tech Firms
Canadian Prime Minister Mark Carney said late Sunday trade talks with US have resumed after Canada rescinded its plan to tax US technology firms.
-
Canada To Continue To Conduct "Complex Negotiations" With US: Mark Carney
Canadian Prime Minister Mark Carney called the negotiations with the United States "complex" when he responded to the announcement of US President Donald Trump to terminate all trade talks with Canada with potential new tariffs.
-
Digital Services Tax: Trump's Latest Beef With Canada
The Digital Services Tax requires foreign and domestic large businesses to pay revenue tax that is earned from engaging with online users in Canada.
-
Trump Ends Trade Talks With Canada Over Tax On US Tech Firms
President Donald Trump said Friday that he is calling off trade negotiations with Canada in retaliation for taxes impacting major US tech firms, adding that Ottawa will learn of their tariff rate within a week.
-
"Difficult Country": Trump Calls Off Trade Talks With Canada
US President Donald Trump said on Friday that he is calling off trade negotiations with Canada immediately, citing its digital services tax and adding that Ottawa will learn of their tariff rate within a week.
-
New India Assurance Gets GST Demand Notice Of Nearly Rs 2,300 Crore
New India Assurance Company Ltd on Thursday said tax authorities have issued a show cause notice with a demand of Rs 2,298 crore Goods and Services Tax (GST) for five financial years.
-
No Toll Tax Proposed For 2-Wheelers: Nitin Gadkari Amid Reports
Union Minister for Road Transport and Highways, Nitin Gadkari, on Thursday dismissed media reports suggesting that two-wheelers will be required to pay tolls on National Highways from July 15.
-
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 ...
-
Revenue Service Officer Assaulted By Colleague At Income Tax Office: Police
An Indian Revenue Service (IRS) officer was allegedly assaulted by a colleague from the Income Tax Department during an argument in Lucknow on Thursday, police sources said.
-
Thane Businessman Allegedly Duped Of Rs 4.5 Crore In GST Fraud
A 60-year-old businessman from Maharashtra's Thane city was allegedly duped of Rs 4.5 crore by a man who carried out transactions through his company and evaded payment of Goods and Services Tax (GST), police said on Monday.
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GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
-
No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
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IndiGo Faces Rs 944 Crore Tax Penalty, Terms It "Erroneous"
With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, India's largest airline has termed the order "erroneous" and vowed to challenge it legally.
