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CESS CHARGES
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...
Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...
Himachal to levy orphan and widow cess on petrol and diesel, CM tables bill in AssemblyHimachal Pradesh is on the brink of implementing a groundbreaking cess on fuel, particularly petrol and diesel, designed to provide crucial...
Centre amends finance bill to change taxation on tobacco, pan masalaThe centre on Friday proposed an amendment in the Schedule of the GST (Compensation to States) Act, 2017in the finance bill which capped th...
15th Finance Commission to commission study on cess collections of CentreThe Finance Commission, which every five years recommends a ratio in which the tax money collected by the central government is to be divid...
Heavy bikes, yachts, private jets to attract 31 per cent GSTThe cess for motorcycles with more than 350 cc engine has been kept at 3 per cent, taking the total incidence of taxation to 31 per cent.
LTCG tax on equity, STT left untouched in Budget: 10 taxes to pay when you investRelieved? But don’t lose sight of the fact that you actually pay as many as 10 taxes in the financial markets when you invest or save. Take...
Know the charges, taxes on your restaurant bill to avoid being overchargedIt is always better to know the charges and taxes levied on your restaurant bill if you want to avoid being overcharged.
5 important things to know about Swachh Bharat CessThe recently-introduced Swachh Bharat Cess adds-on to the service tax liability and is applicable on all taxable services.
No proposal to levy 'environmental charge': Government"There is no such proposal under consideration of the ministry," Environment Minister Prakash Javadekar said in a written response.
Dharmendra Pradhan favours crude cess reduction, says talking to Finance MinistryThe Petroleum Ministry is talking to the Finance Ministry on reducing the cess that the industry has been seeking since the steep fall in c...
Swachh Bharat Cess will not be levied on services exempted from tax: CBECThe recently imposed Swachh Bharat Cess will not be levied on services exempted from tax or are in the negative list, the Central Board of ...
Cess bites into crude revenue on low pricesGlobally, oil producers have fallen on hard times as they lose revenue due to the big drop in prices since July last year.
- Single corporate tax minus cess & surcharge on cards
The upcoming Union Budget may bring some pleasant surprises for corporate India.
- Softdrink makers may pay heavy price
Soft-drink makers are likely to bear the brunt of the govt's proposed cess on use of ground water by cos.
- Cabinet likely to do away with archaic textile cess
The textile ministry has prepared a Cabinet note to abolish the textile committee cess. The proposal to abolish the cess is likely to be ta...
- Govt clarifies stand on 2% health cess
The government on Friday clarified that the proposed two per cent health cess for the poor won't be an additional burden on the tax payers,...