The Karnataka High Court has sought the state government's response to a petition. This petition challenges the levy of a two percent cess ...

Retirement doesn't mean tax-free mutual fund income. Understand how capital gains, IDCW payouts, and SWPs are taxed. Discover strategies li...

Delhi plans to charge farmhouses ₹10,000 monthly for treated water use. Construction sites over 500 sqm must use reclaimed water for dust s...

The TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...

A new Mines and Minerals Act, 2026, aims to standardize mining taxation across India. This legislation seeks to bring uniformity and predic...

In a significant legislative shift, the Centre has revised a 1957 Act to enhance its oversight of mineral resources. The newly established ...

The Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel. The Widow ...

The Centre has proposed limiting states’ powers to impose taxes, cess and other levies on mineral rights and mineral-bearing land, seeking ...

The Centre collected over thirty-two lakh crore rupees from cesses and surcharges. Indian companies are increasing overseas investments to ...

Household savings increased to 21.7 percent of GDP in 2024-25. Government and RBI measures aim to boost incomes and financial security. RBI...

Rupee depreciation is influenced by rising crude oil prices and reduced capital account support. India monitors US trade policy changes and...

India's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...

The Centre is anticipating a significant surplus of approximately Rs 70,000 crore from GST compensation cess collections, even after repayi...

In her reply to the finance and appropriation bills in the Rajya Sabha on Tuesday, Nirmala Sitharaman highlighted the utilisation of the va...

During the debate in the Rajya Sabha on the bill seeking Parliamentary nod for additional or supplementary spending in the current fiscal, ...

Of this, CGST is Rs 15,318 crore, SGST is Rs 21,061 crore, IGST is Rs 50,070 crore and cess collections are Rs. 7,993 crore.

The state governments have not even utilised 25% of the cess collected, meant for welfare of construction workers in the last six years, sa...