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GST COMPENSATION WITHHOLDING
30% tax slab should start at Rs 30 lakh income in Budget 2026 giving middle class taxpayers a relief against inflationIn the Budget of 2025, recognizing the significant contribution of the middle class in nation building, the Finance Minister provided subst...- Budget 2026-27: Critical minerals, clean energy and MSME revival top Deloitte’s key asksIndia's upcoming Union Budget for FY2026-27 will focus on key reforms. Expect enhanced support for MSMEs and strengthened supply chains for...
- LIC Q2 net rises 31% on business growth, higher marginsLife Insurance Corp, or LIC, saw its September quarter profit jump 31% to over ₹10,000 crore. This growth was fueled by its core business a...
- GSTR-9 table 8A update: New invoice management system will form part of 8A from this year; Important things to watch out forTaxpayers must prepare for significant changes in GSTR-9 annual returns for FY 2024-25. The new Invoice Management System (IMS) will now be...
- 'Economic devastation', claims Congress, accuses Modi government of manipulating dataThe Congress party convened an extended CWC meeting in Patna, asserting that the BJP-led government's economic policies have caused widespr...
- Opposition slams Budget as bundle of empty promises, ruling party MPs say it has vision for developed IndiaOpposition MPs in Rajya Sabha criticised the Union Budget for failing to address issues such as unemployment and farmer distress, while BJP...
- Centre withholding MNREGA funds but sends teams to the state, says MamataTwo central teams from the Ministry of Rural Development arrived in Bengal today for field inspection and headed for the East Midnapore and...
- The question of whether India is first a nation or a union of states is a non sequiturBeyond the personalisation of national politics and the building of a grand national political narrative, the Union government has introduc...
- GTC seeks to intervene in DRI case against exporter Golden TobieThe federal agency, in an affidavit seeking dismissal of the company’s petition, said its investigation found that the petitioner doesn’t h...
- How the recent decision by GST council has further deepened states' financial woesFor most states, the decision came as a bolt from the blue, throwing into disarray their finances, already severely weakened by the pandemic
- Covid-19: Revival of economy through tax measuresThe government (GoI) has so far been very supportive and empathetic towards businesses and was quick to respond through delayed application...
- Taxman may get to block doubtful input tax creditThe govt is set to tweak GST law that would allow taxman to block input tax credit of cos if they suspect fraud.
- Vindication is more than a compensationEven Rs 2 is a lot when personal dignity is at stake, not merely a railway ticket refund.
- What changed your market while you were sleepingLet’s check out what all might influence Dalal Street all through the day.
- Sunil Kothare's Budget: After GAAR clarity, exempt FPIs from capital gains tax on Indian securitiesTwo major concerns of Foreign Portfolio Investors are the uncertainty surrounding GAAR and indirect transfer of Indian assets and the high ...
- Cabinet approves Bill to unearth black moneyThe Cabinet approved a new Bill that would give more powers to the tax department in tracking illicit wealth stashed abroad and provide for...
- Budget 2015: Arun Jaitley has taken the right steps to boost private sector, says Saumitra Chaudhuri"The fiscal targets—whatever may be the validity of the logic—are seen as iconic of the government’s commitment to discipline."
- Budget 2014 has created enabling environment for investment: Shaktikanta Das, Revenue SecretaryThis budget brings in a lot of policy stability. There are a whole host of steps that will aid economic recovery, says Revenue Secretary Sh...
- Budget 2013: Impact on pharma industryThe sharp increase in the rate of surcharge from 5% to 10% would have a negative impact on companies in the pharma sector.
- Budget 2013: Impact on infrastructure sectorWith many proposals seeking to target the Rural India, the infrastructure sector has shared a fair bit of lime light.
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