Tag: Hasmukh Adhia
Govt Extends Last Date For Filing Tax Returns To August 5
The last date for filing income-tax returns has been extended to August 5. Tax returns for 2015-16 (assessment year 2016-17) were originally to be filed by July 31.....
Modi To Meet Finance Ministry; To Review GST, Black Money Policy
Prime Minister Narendra Modi will on Monday meet the Finance Ministry to discuss and review the recent financial status. ....
100% Penalty On Cash Transaction Above Rs 3 Lakh
Anyone transacting in cash above the newly imposed limit of Rs 3 lakh will have to pay a penalty of a similar amount, according to a top government official.....
Government Exceeds 2016-17 Tax Target, Highest In Last 6 Years
The central government on Tuesday reported a total tax collection of Rs 17.10 lakh crore during 2016-17 -- an increase of 18 per cent over 2015-16.....
Service Tax To Move Up From 15% To 18% Under GST: Hasmukh Adhia
Services sector is likely to attract a higher tax rate of 18 per cent from the current 15 per cent under the Goods and Services Tax (GST) regime, thus making services "slightly" more expensive, Revenue Secretary Hasmukh Adhia has said.....
