NEW DELHI: Leader of Congress Rahul gandhi on Friday he attacked the government, claiming he wants the income The number of farmers in the country is as low as that of Bihar. The former party chief cited a media report that claimed that a agricultural home in Punjab it is …
Read More »GST collection crosses the lakh crore rupee mark for the second month in a row in November
Goods and Services Tax (GST) revenue exceeded Rs1 lakh crore for the second month in a row at Rs104,963 crore in November, registering an annualized growth of 1.4%. Revenues, however, fell marginally by 0.18% compared to the 105,155 crore collected the previous month. However, GST collections have shown positive growth …
Read More »25 arrested in government crackdown on fake GST billing
Prosecutors arrested 25 people and filed 350 false billing cases, in a major campaign against tax evasion, said an official from the General Directorate of GST Intelligence (DGGI), under conditions of anonymity. The false invoices were used to evade goods and services tax (GST) and income tax and to divert …
Read More »Pfizer Says Covid-19 Vaccine Still Possible In 2020 Despite Data Lag
NEW YORK (AP) – Pfizer executives expressed measured optimism Tuesday about the possibility of providing a coronavirus vaccine in 2020, even as they noted that key facts about the vaccine would not be released before the U.S. election. Pfizer CEO Albert Bourla said the pharmaceutical giant could supply about 40 …
Read More »Reducing state tax shares may become the next big flash point
The issue of the goods and services tax (GST) offset controversy may have been postponed for now, but the Center and the states, on opposite sides in that debate, find themselves again in a similar position, this time on the Current situation. discussion of a possible review of the state’s …
Read More »TCS expects a sustainable demand recovery
Tata Consultancy Services Ltd (TCS) said it expects the demand for software services to continue to increase as customers adopt digital technologies at a rapid pace to ensure business continuity, indicating that growth is being helped rather than prevented by the coronavirus pandemic. On Wednesday, India’s largest software services company …
Read More »Government may have just Rs 20 billion per stimulus due to very limited fiscal space: report
[ad_1] File photo of Finance Minister Nirmala Sitharaman. (PTI) The government had budgeted Rs 7.8 lakh crore on gross market loans, in the current fiscal, but after the COVID-19 outages, last week it had announced an additional loan of Rs 4.2 lakh crore, bringing the total to Rs 12 lakh …
Read More »Health tax on liquor sales, rising gasoline and diesel prices to generate income in Uttarakhand
[ad_1] The Uttarakhand government, at its cabinet meeting chaired by Prime Minister Trivendra Singh Rawat, decided on Thursday to impose a health tax on liquor sales and increase the price of gasoline and diesel in the Himalayan state. The price of Indian-made foreign liquor (IMFL) has been increased by Rs …
Read More »Alcohol sales in Karnataka drop after government raises prices
[ad_1] On the fourth day after the sale of alcohol resumed in Karnataka, the state witnessed a sharp decline in sales after the government increased retail liquor prices by 17%, the official said. According to Karnataka State Beverages Corporation Ltd officials, alcohol was sold for Rs 165 crore on Thursday …
Read More »Income Tax Increase: 50 IRS Officers Face Investigation Over Unsolicited Call About Tax Increase | India News
[ad_1] NEW DELHI: Annoying government distanced itself from controversial tax proposals, such as a Covid-19 dismissal and a wealth tax by a group of wealth service officials, not only rejecting the suggestions but also ordering an investigation against the officers who released the report on Sunday. The prompt rebuttal was …
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