South Korea stocks gyrate as top aide floats AI ‘dividend’South Korea is considering a 'Citizen Dividend' from AI profits. A top policymaker proposed using excess tax revenue to benefit all citizen...
16 May, 2026, 01.11 PM IST
DRI, Customs officers to intensify vigil on gold smuggling post import duty hikeRevenue intelligence and customs officials are preparing to tighten surveillance across airports, seaports and land borders after India rai...
13 May, 2026, 01.59 PM IST
South Korea’s radical 'AI dividend' proposal: A bold future or a market nightmare?South Korea is discussing sharing the wealth generated by artificial intelligence. A government official suggested distributing AI profits,...
12 May, 2026, 11.43 AM IST
Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
12 May, 2026, 01.00 AM IST
India, Kenya discuss possibility of trade settlement in local currenciesIndia and Kenya are exploring trade settlements in their own currencies. Discussions also covered digital payment systems like UPI. A joint...
29 Apr, 2026, 05.32 PM IST
Trump Tariff refund portal to be launched next week: Check launch date and how to claim your money backBusinesses will soon receive refunds for tariffs imposed under the Trump administration. The US Customs and Border Protection is launching ...
22 Apr, 2026, 02.54 PM IST
IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
21 Apr, 2026, 05.30 AM IST
Finance ministry may review MOOWR benefits for battery storage importsThe Finance Ministry is set to discuss customs warehousing benefits for imported battery storage systems. Industry groups have raised conce...
20 Apr, 2026, 09.26 AM IST
West Asia crisis: Govt to assess impact of recent tax concessions on its indirect tax revenuesIran war: The review will factor in revenue implications from duty relief measures announced to cushion industries from supply disruptions,...
02 Apr, 2026, 08.23 PM IST
Indirect tax mop-up tops FY26 target, but pan masala cess misses the markIndia's indirect tax collections for fiscal year 2025-26 have surpassed the government's target. Customs, excise, and GST revenues showed s...
02 Apr, 2026, 02.42 PM IST
Tax officials to inform banks on expiry of attachment orderThe instruction comes in the wake of many taxpayers moving courts to get their bank accounts and provisional attachment revoked. One of the...
07 Sep, 2023, 11.46 PM IST
Corruption purge: 15 CBIC officials forced to retireMore action was likely against errant officials as part of the government’s drive to stop corruption.
19 Jun, 2019, 08.30 AM IST
Tax officials move Supreme Court, seek clarity on ‘power to arrest’Apex court refuses to intervene, to hear additional related matters today.
28 May, 2019, 11.30 PM IST
Tax officials to ‘Go Slow’ on enforcements under GST“CBEC has enforcement authorities and I have specifically said that the first three to six months are a go-slow,” Vanaja Sarna said at a CI...
19 Jul, 2017, 11.57 PM IST
No indirect tax recovery during pendency of stay: CBEC to officialsA confirmed demand of tax arises when, after examining submissions of a tax payer, an order is issued validating the claim made on the asse...
06 Jul, 2016, 05.53 AM IST
- Indirect tax collections up 43 pc to Rs 56,930 cr in Apr-Jun
Reflecting a marked recovery in industrial activity, indirect tax collections zoomed by 43 per cent to Rs 56,930 crore in the first quarter...
09 Jul, 2010, 01.25 PM IST
- Indirect taxes to increase further this year: Official
The government's indirect taxes collection is likely to swell further this year on account of good collection in Customs and Service taxes.
13 Jul, 2008, 02.25 AM IST