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CESS AND SURCHARGES
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- Maximum 39% marginal rate of income tax applicable for these individuals in Tax Year 2026-2027Individuals and certain entities will face a maximum 39% income tax rate under the new tax regime for Tax Year 2026-2027. This Maximum Marg...
- Mutual Fund PMS vs direct mutual funds: Why the smarter option may not be the more expensive oneIf you’re considering mutual fund portfolio management services (MF-PMS), ask three questions. First, can the manager show post-fee returns...
- Why investors are ready to play in global equity leagueIndian investors are increasingly looking overseas as global markets outperform domestic equities, driven by themes like AI. While internat...
- Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
- PM Modi denies proposal to impose surcharge on foreign travelAddressing concerns about reports suggesting a new tax on international travel, Prime Minister Narendra Modi was quick to clarify that such...
- PM Modi dismisses media report on possible tax on foreign travel as ‘totally false’Prime Minister Narendra Modi has strongly refuted media reports suggesting a new tax on foreign travel. He stated there is absolutely no tr...
- Gold import duty hike to hurt jewellery trade, spur grey market: GJCGold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty t...
- Wipro is buying back shares at Rs 250. What your tax bill looks like depends on this factorWipro's share buy-back offers Rs 250 per share, a premium over market price. New tax rules effective April 1, 2026, treat buy-back proceeds...
- Delhi government to introduce smart cards, cess portal to benefit construction workersDelhi government is introducing chip-enabled smart cards for construction workers. This initiative will streamline registration and welfare...
- Capital gains on share buyback get new surcharge twist; income tax dept explains what it means for youThe Income Tax Department has clarified a new 12% surcharge on capital gains from share buybacks, specifically for promoters. This change, ...
- Are cess and surcharge funds truly reaching their intended purposes?Government revenue from cesses and surcharges is substantial. While intended for specific schemes, concerns persist about their actual usag...
- Centre expects Rs 5.91 lakh cr from cess and surcharge in FY26The Finance Ministry anticipates collecting ₹5.91 lakh crore from cess and surcharge in the current fiscal year, marking a 9.43% increase f...
- Govt aims to collect Rs 4.18 lakh cr from cess, Rs 1.72 lakh cr from surcharge in FY26The central government anticipates increased revenue from cess and surcharges. The target is over Rs 4.18 lakh crore from cess and over Rs ...
- Cess, surcharge collections rose 133% between FY'18 and FY'23Cess and surcharges are levied by the Central government for the purposes of the Union under Article 271 of the Constitution of India. The ...
- Cesses and surcharges should gracefully goThe share of cesses and surcharges in GoI's gross tax revenue stood at about 10.4% in 2011-12, and has been rising sharply.
- Cess not an expenditure, says JB Mohapatra CBDT ChairmanThe Budget has proposed an amendment to the Income-tax Act retrospectively from assessment year 2005-06, to stop claiming of cess and surch...
- How your business structure affects taxesRelevant business structure attracts a certain tax liability and it is important to consider the tax implications before finalizing the for...
- Government expects to raise Rs 2,82,212 crore from cess in 2017-18"The estimated revenue likely to be generated through cess and surcharge in the financial year 2017-18 is Rs 2,82,211.98 crore," FM Arun Ja...
- Not possible to end cesses: Plan panelPeople will have to live with cesses and surcharges as it is not be possible for the government to eliminate them at present as has been ad...
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