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...
29 May, 2026, 05.48 AM IST
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...
20 May, 2026, 09.01 PM IST
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...
16 May, 2026, 12.48 AM IST
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...
15 May, 2026, 10.34 PM IST
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...
13 May, 2026, 10.46 AM IST
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...
30 Apr, 2026, 02.18 PM IST
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...
23 Apr, 2026, 04.35 PM IST
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, ...
01 Apr, 2026, 07.44 AM IST
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...
12 Feb, 2026, 11.29 PM IST
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...
30 Jul, 2025, 12.26 AM IST
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 ...
29 Jul, 2025, 04.18 PM IST
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 ...
07 Mar, 2023, 08.46 PM IST
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.
10 Feb, 2022, 11.27 PM IST
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...
03 Feb, 2022, 11.48 PM IST
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...
07 Sep, 2019, 11.47 AM IST
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...
17 Mar, 2017, 06.14 PM IST
- Not possible to end cesses: Plan panel
People 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...
04 Jul, 2009, 05.35 AM IST