Tag: Tax
714 Indian Links Exposed In 'Paradise Papers'
India ranks 19th among 180 countries whose citizens and companies sheltered their wealth in secretive tax havens abroad, according to a fresh global investigation whose first lot of revelations were published on Monday.....
GST Council Cuts Tax Slab For 178 Items From 28% To 18%
The GST rate on 50 items of mass consumption, that were in the 28 per cent tax slab, rest items has been slashed to 18 per cent, Bihar Deputy Chief Minister Sushil Kumar Modi, who heads the panel of Group of Ministers for tackling IT-related glitches, said on Friday.....
Rs 50 Cr In Banned Notes Seized In Gujarat On Poll Day
The Directorate of Revenue Intelligence (DRI) has recovered nearly Rs 50 crore in the banned currency of Rs 500 and Rs 1,000 denomination in Gujarat on election day, the Union Finance Ministry said on Sunday.....
Leading Indian American Tax Expert Honoured With Hind Rattan Award
Leading Indian American tax consultant and certified public accountant Neeraj Bhatia has been conferred with the prestigious Hind Rattan Award for 2018.....
CBI Arrests Rotomac Firm Owner Vikram Kothari, Son
The CBI on Thursday arrested Rotomac pen company owner Vikram Kothari and his son Rahul on charges of cheating a consortium of banks of Rs 3,695 crore (including interest) by siphoning off loans sanctioned to his company for procurement of wheat and other goods for export.....
GST Replaced 'Congress Legacy Tax' With 'good And Simple Tax': Jaitley
Union Minister Arun Jaitley on Friday said the GST has replaced the 'Congress Legacy Tax' -- which was 31 per cent for most goods -- with a 'good and simple tax', adding that the existing 28 per cent slab will be phased out following further improvement in revenue collections.....
GST Council Proposes Cashback Incentive To Promote Digital Payments
The Goods and Services Tax (GST) Council in its meeting on Saturday decided to start a pilot project to give cashbacks to consumers in order to incentivise digital payments in the country.....
GST Implementation An Example Of Tax Terrorism: Chidambaram
Former Union Finance Minister P. Chidambaram on Sunday attacked the Modi government on the falling value of rupee and said the manner of implementation of the GST is an example of tax terrorism.....
Rahul Implores Modi To Bring Petrol, Diesel Under GST Regime
Congress President Rahul Gandhi on Friday once again pleaded with Prime Minister Narendra Modi to bring petrol and diesel under the Goods and Services Tax (GST) regime.....
Chidambaram Wants To Know Why GST Goals Are Changing
Former Finance Minister P. Chidambaram on Wednesday raised questions about what caused the change in the "declared goals" of the Goods and Services Tax (GST) regime, why it was being changed.....
