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Trump's latest pitch to voters: Reciprocal tax against India's 'high tariffs'
Donald Trump criticized India's high tariffs, vowing to introduce a reciprocal tax if re-elected.
Published on Oct 12, 2024 07:31 AM IST
Huge row over Himachal ‘toilet seat tax’ claims; CM Sukhu slams BJP: 'Baseless'
The Himachal Pradesh government has reportedly issued a notification charging ₹25 per toilet seat for every urban household.
Updated on Oct 04, 2024 01:46 PM IST
Thailand plans to collect ₹750 as tourism tax: Check details
Thailand's previous administration kept the tourism tax on hold despite it being approved by the Thai cabinet in 2021, due to opposition from the private sector
Updated on Sep 19, 2024 01:25 PM IST
Tax on EPF: How employees provident fund interest and withdrawals are taxed
While EPF gives tax benefits during the contributing phase, there are tax implications when withdrawing it, depending on the employment purpose and duration
Updated on Sep 18, 2024 01:29 PM IST
UPI transaction limit upped to ₹5 lakh for three payment types: Date, details
The National Payments Corporation of India (NPCI) has increased the transaction limit for three types of payments using UPI to ₹5 lakh for convenience
Published on Sep 15, 2024 05:01 PM IST
TCS employee income tax notices a 'discrepancy,' ITRs to be reprocessed: Report
TCS said that the employees who received the income tax notices will get a intimation of rectification soon and don't have to pay any demand amount
Published on Sep 14, 2024 12:59 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
India hikes edible palm, soyabean, sunflower oil import tax to support farmers
The move could lift edible oil prices and dampen demand and subsequently reduce overseas purchases of palm oil, soyabean oil, and sunflower oil
Published on Sep 14, 2024 09:33 AM IST
Reuters |
GST Council Meet: 18% GST on online payments below ₹2,000 not finalised
The GST council has not finalised the proposal to impose taxes on online payments below ₹2,000, and has referred it to the fitment committee for review
Published on Sep 09, 2024 04:24 PM IST
Greece's new tourism fees: Will your next vacation cost more?
Greece tightens tourism regulations: Here's how new policies may impact your holiday plans
Published on Sep 08, 2024 02:00 PM IST
Bloomberg | Zarafshan Shiraz
26% of ITRs are yet to be processed, is yours among them? Find out why
The 20 days it took for the IT department to process more than 70% of ITRs is however, much more than the 11 days it took in 2023
Published on Aug 23, 2024 02:39 PM IST
ITR 2024: Waiting for income tax refund? Tax refund rules to know about
Income tax refund becomes applicable when taxes paid exceed the tax liability, which includes TDS, TCS, as well as advance tax and self-assessment tax
Published on Aug 05, 2024 05:05 PM IST
Tax defaults in India rise by 1000% in last 10 years, litigations double: Report
Corporate taxes formed a large bulk of the defaults, adding up to ₹3.97 lakh crore and capital gains tax and transfer pricing defaults was ₹4.81 lakh crore.
Published on Aug 04, 2024 07:56 PM IST
Infosys gets ₹3,898 crore partial GST tax relief for FY 2017-18 alone
Infosys had received a tax notice of ₹32,403 crore for unpaid IGST under the reverse charge mechanism for services from its overseas branches from 2017-22
Published on Aug 04, 2024 02:17 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
HC directs Punjab to refund octroi levied on army’s electricity bill
Octroi amounting to ₹4.57 lakh was levied by PSEB on sale of electricity to cantonment areas between 2000 and 2007
Updated on Aug 02, 2024 07:46 AM IST
Shailee Dogra, Chandigarh
Tax woes: Infosys slapped with ₹32,403 crore GST demand notice
Infosys also manages the Goods and Services Tax Network (GSTN) portal, having bagged the ₹1,380 crore contract to build the technology platform for GST
Published on Aug 01, 2024 02:01 AM IST
PTI |
Taxing rights and wrongs
SC settles the debates on royalty vs taxes and the states’ autonomy on mining tax. Now, its time for prudence in exercising these powers
Published on Jul 26, 2024 09:20 PM IST
HT Editorial
US Election: Why are American billionaires supporting Trump?
What is the Billionaire Tax proposed by the Biden government that has become a bone of contention
Updated on Jul 26, 2024 02:02 PM IST
Plan to tax super-rich divides at G20 meet in Rio
Plan to tax super-rich divides at G20 meet in Rio
Published on Jul 26, 2024 04:17 AM IST
AFP |
Setback to Centre as Supreme Court rules royalty on minerals is not tax
The top court held that states have the legislative competence to impose taxes on mines and minerals-bearing lands under the Constitution.
Updated on Jul 25, 2024 02:20 PM IST
Reforms of new tax regime may reduce tax burden and allow option to choose again
Finance Minister Nirmala Sitharaman proposed changes to the tax slabs of the new tax regime in her Union Budget 2024 speech.
Published on Jul 24, 2024 04:44 PM IST
Stock market crash: Sensex plunges over 900 points and recovers flat
The Sensex and Nifty crashed after Finance Minister Nirmala Sitharaman proposed to increase Securities Transaction Tax (STT) in the Union Budget 2024.
Updated on Jul 23, 2024 05:26 PM IST
Your Union Budget cheatsheet: Direct, indirect taxes and what you must look for
The Union Budget 2024 sees a lot of expectations for both direct and indirect tax rate cuts to boost consumption in the economy.
Published on Jul 09, 2024 03:12 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Is the EU’s Carbon Border Adjustment Mechanism a trade barrier for India?
Europe, a net importer of CBAM goods wants to reduce carbon intensity of imported goods, with many Indian industries claiming their products can be sustainable.
Published on Jul 06, 2024 03:17 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
US Supreme Court upholds Trump-era tax rule on earnings from overseas
The law signed by the then-President includes a provision that applies to companies that are owned by Americans but do their business in foreign countries
Published on Jun 20, 2024 09:25 PM IST
AP | | Posted by Arya Vaishnavi
Direct tax collections for FY 2024-25 surge by over 20%
The increase in both personal income and corporate tax collections points towards a growing corporate sector and higher income levels among individuals.
Published on Jun 18, 2024 07:58 PM IST
ANI |
ITR due dates: When will Form 16, TDS certificate, Form 26AS be available?
Income tax laws mandate that a TDS certificate must be issued within 15 days from the due date for filing the TDS return by the deductor.
Published on Jun 12, 2024 08:46 PM IST
Tax Day 2024: What happens if you miss tax filing deadline?
According to the latest IRS statistics, the average income tax refund so far this season is $3,011, up $123 from last year.
Published on Apr 15, 2024 09:55 PM IST
AP |
India, Mauritius sign protocol to amend tax treaty; principal purpose test introduced
India, Mauritius sign protocol to amend tax treaty; principal purpose test introduced
Published on Apr 11, 2024 08:29 PM IST
PTI |
Supreme Court’s 9-judge constitution bench reserves verdict in mineral tax case
The bench said the reality was that states which have the mineral resources are the poorer states and people are going from outside and exploiting minerals
Published on Mar 14, 2024 09:43 PM IST
Abraham Thomas
‘Grave danger to federal structure’: SC on denying states right to tax minerals
The Supreme Court will continue hearing the case on the power of states to levy taxes on mines and minerals on Thursday
Updated on Mar 13, 2024 09:50 PM IST
Abraham Thomas