Tag: Tax
1 Taxpayer Owes 11% Of India's Individual Income Tax In 2014-15
An unnamed taxpayer owed the government Rs 21,870 crore (over $3 billion) for the assessment year 2014-15, which was 11 per cent of they income tax to be paid by all Indians, according to 2016 data, the latest available, from the Income Tax Department.....
BJP Attacks Kejriwal Over 'irregularities' In PWD Work
The BJP on Wednesday attacked Delhi Chief Minister Arvind Kejriwal after the Delhi Police Economic Offences Wing initiated an inquiry into the allegations of forgery for irregularities in PWD work.....
GST Tableau Features At Republic Day Parade
The Goods and Services Tax (GST), the country's biggest tax reform initiative, figured at the Republic Day parade in New Delhi on Thursday.....
Finance Ministry May Present Union Budget On February 2
There are reports that Finance Ministry Arun Jaitley might present the Union Budget 2017-18 on Thursday Februray 2, instead of Wednesday due the passing away of a sitting MP E Ahamed.....
Will Reach Out To Industry From April 1 On GST Awareness: Jaitley
Finance Minister Arun Jaitley on Wednesday said the government was ready for implementation of the Goods and Services Tax (GST) and will begin reaching out to the industry from April 1 to make them aware of the new tax regime.....
Ford India Sold 14,259 Units In January
Car maker Ford India on Thursday said it sold 14,259 vehicles last month.....
GST's Tax Collection At Source Will Hurt Sellers: E-commerce Players
Admitting that the proposed Goods and Services Tax (GST) is a key reform which will simplify the tax compliance, the e-commerce players on Thursday, however, said the proposed tax collection at source will hurt lakhs of small sellers by making online sales expensive and cumbersome for them.....
Battle For UP Causes Collateral Damage
Uttar Pradesh's revenue has taken a big hit -- first due to demonetisation and now because most government employees are out on election duty.....
Demonetisation To Purge System Of Prevalent Ills: Jaitley
Union Finance Minister Arun Jaitley on Tuesday defended the November 8 demonetisation, saying the Centre took the decision with a larger objective of cleansing the system of excessive cash.....
Taxi Drivers Meet Gadkari, Demand Government-run App
Striking taxi and autorickshaw drivers on Tuesday met Union Minister for Road Transport Nitin Gadkari and demanded a government-run cab-hailing app on the lines of Ola and Uber.....
