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CESS BALANCE
West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan DasguptaThe first state budget presented by the new BJP government in West Bengal combines a push for industrial revival with continued focus on we...- Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomesIncome Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A r...
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...
- ₹50 lakh to ₹1.4 crore: How extending your PPF can add lakhs to your corpus and who should do itPPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain att...
- 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...
- What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
- HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors?HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices a...
- India considering steps to control CAD amid Rupee, export pressure: Piyush GoyalIndia is actively exploring ways to manage its current account deficit and the weakening rupee. The government is monitoring the global eco...
- India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
- India raises gold, silver import duty to 15% to curb imports, support rupee amid West Asia crisisGold, silver import duty hike: India has significantly raised customs duties on gold, silver, and platinum imports to 15% and 15.4%, respec...
- Automotive dealers approach Supreme Court over Rs Rs 2,500 cr compensation cessThe Federation of Automobile Dealers Association has approached the Supreme Court seeking relief for Rs 2,500 crore in compensation cess th...
- Simpler on paper, complex in practice: Auto industry grapples with new GST frameworkIndia's GST Council has streamlined taxes on automobiles, shifting from a four-tier to a two-tier structure by discontinuing the Compensati...
- FADA warns of stock build-up, seeks inventory discipline by automakers to protect dealer viabilityIndian auto dealers are facing financial strain due to high inventory levels, thin margins, and rising costs associated with electric vehic...
- Auto dealers urge PM for relief on ₹2,500-cr cess credits under GST 2.0Automobile dealers are urgently seeking Prime Minister Modi's intervention to prevent the lapse of ₹2,500 crore in compensation cess credit...
- GST relief on cars, but dealers stare at Rs 2,500 cr hitGST reforms have lowered car, SUV and two-wheeler prices, but PV dealers face ₹2,500 cr losses as the compensation cess lapses on Sept 22, ...
- Motown unclear what route cess will take past GST 2.0Indian automakers and retailers may face losses on over 600,000 unsold vehicles. This is due to unclear GST compensation cess rules. The in...
- Centre releases Rs 17,000 crore to states as GST compensation"With this, the Centre has released in advance the entire amount of cess estimated to be collected this year till March-end available for p...
- Covid cess may face legal hurdles: ExpertsWhile the modality of the same is still not clear, the government is looking to introduce additional cess on current direct and indirect ta...
- GST protecting people at lower end: Arvind Subramanian, Chief Economic Advisor“The clean energy cess, cess on tobacco, cess on paan, cess on luxury cars and the cess on aerated beverages will remain the same as what i...
- Take a look at telecom sector's budget wish listIt’s Budget time, and the telecom industry has sent its own wish list to the government, urging it to relax direct and indirect taxes on th...
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