The government’s decision on the mandatory payment of at least 1 percent of the GST tax liability in cash will only apply to establishments that have an annual turnover of Rs 6 crore and the new rule will not apply to micro and small businesses. companies, and composition distributors, finance …
Read More »Tax evasion: ‘India loses more than Rs 70 billion in taxes to other countries’ | India Business News
MUMBAI: Countries are losing more than $ 427 billion in tax every year due to international corporate tax abuse and private tax evasion. Annual of India tax loss totals to $ 10.3 billion. These are the findings of the first study led by The Tax Justice Network (TJN), which is …
Read More »Hanuman Chalisa at the mosque: Cleric in UP posted a 5 lakh bond | City
November 6, 2020 10:51 AM ISTSource: TNN Now a bail of 5 lakh rupees was imposed on the cleric for assenting to Chalisa’s recital at the UP mosque. The decision to allow a Hanuman Chalisa recital inside a mosque has sparked strong rejection from the mosque and the administration in …
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 »Madras HC detains Rajinikanth for property tax case, actor agrees to withdraw statement
The actor went to court after the Greater Chennai Corporation filed for property taxes for his Sri Raghavendra Kalyana Mandapam, who is located in Kodambakkam. Madras High Court warned actor-turned-politician Rajinikanth on Wednesday for appealing to the judiciary against a tax lawsuit for a wedding hall located in Chennai. The …
Read More »There is no consensus in the GST Council, states can borrow to cover the deficit
NEW DELHI: For the first time, the GST council failed to reach a consensus due to the sharp division along political lines, which Center leave 20-something state Issue bonds to raise funds and cover the collection shortfall. Continuing from where they left, the 10 opposition-ruled states and UT lobbied for …
Read More »Trump Has Embraced Dictators Around The World, Says Kamala Harris; Mike Pence corners her with the Covid-19 vaccine
Joe Biden and Kamala Harris were mostly aligned on climate issues, although the California senator, in part because of her office, offered more concrete support for the Green New Deal plan. She signed a resolution written by Massachusetts Senator Ed Markey and New York Rep. Alexandria Ocasio-Cortez in 2019. When …
Read More »Joe Biden’s ‘Inshallah’ dig on Trump has confused Americans. Now they are asking Google for answers
Joe Biden / Donald Trump. Joe Biden’s use of the phrase ‘Inshallah’ during the presidential debate caused a lot of hilarity on social media with many netizens, especially Muslim and Arab Americans reacting to the now viral video with joy. News18.com Last update: October 1, 2020 11:32 am IST FOLLOW …
Read More »ITR Due Date Extended: Deadline to file ITRs extended till November 30; 25% cut in TDS / TCS rate for non-salary payments | India Business News
[ad_1] ANI photo NEW DELHI: In a relief to taxpayers, the government on Wednesday extended the deadline for filing of all income tax returns for 2019-20 fiscal till November 30, 2020. Announcing a slew of relief measures for the coronavirus-hit economy, Finance Minister Nirmala Sitharaman also slashed TDS (tax deducted …
Read More »Saudi Arabia triples taxes, cuts $ 26B in costs amid pandemic
[ad_1] DUBAI: Saudi Arabia announced on Monday that it would triple taxes on basic goods, raising them to 15% and reducing spending on major projects by around $ 26 billion, as it deals with the shock of the coronavirus pandemic and low prices for the oil in your economy. Saudi …
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