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Sensex rises over 250 pts; Nifty tops 11,800

Market benchmark BSE Sensex jumped over 250 points in early trade on Wednesday driven by foreign fund inflow and hopes of tax sops for equity investor...
Italy to introduce tax on digital companies from 2020

Italy approved a new tax on digital companies as part of its 2020 draft budget on Wednesday, and plans to introduce the new measure from next year.
ICRA: Benefit of corporate tax rate cut for India Inc to boost incremental investments

ICRA Ratings has said that the recent corporate tax rate cut announcement by the central government with the intention of pump-priming economic growth...
Govt had benefit of low intl oil prices since 2014, yet taxes on petrol, diesel raised: Sitaram Yech...

CPI(M) general secretary Sitaram Yechury on Tuesday said that despite the benefit of low oil prices internationally since 2014, taxes on petrol and di...
CBDT sets up National e-Assessment Centre for faceless scrutiny of IT returns

The Central Board of Direct Taxes (CBDT) has set up a National e-Assessment Centre (NeAC) for assessing tax returns electronically without any persona...
Govt slashes corporate tax to 25.17 pc for domestic companies

In a major fiscal booster, the government on Friday slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domesti...
Trump says possible French wine levy depends on digital tax talks

President Donald Trump said on Monday upcoming talks about France’s tax on the revenues of big technology firms would determine whether the United Sta...
Uttar Pradesh : Diesel price hiked by Rs 2.5, petrol by Re 1

The price of Diesel has been hiked by Rs 2.5 in Uttar Pradesh, while for a litre of petrol people will now have to pay Re 1 more in the state.
GST revenue collection jumps over Rs 1 lakh crore in May

The total GST revenue collection jumped more than Rs 1 lakh crore in the month of May 2019, the government said on Saturday, June 1, 2019.
Kamal Hassan on I-T raids: Those who hoard people's money should be punished

Makkal Needhi Maiam (MNM) chief Kamal Haasan on Monday supported the Income Tax (I-T) raids at houses of political party leaders across the nation, st...
Chidambaram accuses govt of using IT raids to 'cripple election campaign'

Congress leader P Chidambaram has accused the government of planning Income Tax raids at his residences to "cripple the election campaign".
Amnesty scheme to settle tax arrears extended till March 31

The Jammu and Kashmir administration extended the date of depositing the second installment of arrears of the old tax regime under an amnesty scheme t...
Six items removed from 28 pc GST tax slab, cinema tickets to become cheaper

Six items were on Saturday removed from the 28 per cent tax slab of GST, according to a decision taken by the GST Council as part of its effort to rat...
November GST Revenue collection reaches Rs. 97,637 crore

The total gross Goods and Services Tax (GST) revenue collected in the month of November reaches Rs. 97,637 crore of which Central Goods and Services T...
Direct Tax collections till September up by 16.7%

The provisional figures of Direct Tax collections up to September (half-yearly figures) witnessed gross collections worth Rs. 5.47 lakh crore which is...
DeMo led to more tax collection, higher growth, says Arun Jaitley

Finance Minister Arun Jaitley on Thursday said the demonetisation of Rs 500/1,000 notes led to formalisation of economy, more tax collection and highe...
Centre to withdraw Rs.6,000-cr worth tax cases

Following an increase in threshold limit for filing appeals in tribunals, Union Finance Minister Piyush Goyal on Thursday said the government hopes to...
Ramdev opposes 'high' telecast fees on devotional TV channels

Baba Ramdev on Wednesday attacked the government for imposing high tax on telecasting devotional TV channels like Aastha, Arihant and Vedic.
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