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Abolish LTCG, rationalise STCG, STT rates on equities: PHDCCI to Finance MinistryPHDCCI has recommended abolishing Long Term Capital Gains tax and modifying short-term capital gains taxes. The chamber suggests increasing...- SKUAST VC proposes green cess for tourists and research cess for orchardists at Apple Conclave of CII in KashmirIn a bid to boost revenue in Jammu and Kashmir, Nazir Ahmad Ganai has proposed a green cess targeting tourists with the aim to fund horticu...
- Karnataka HC grants relief to JioStar, Zee over 2% cess as broadcasters challenge lawThe Karnataka High Court has issued a ruling preventing the state government from taking action against broadcasters. This relates to a 2% ...
- Govt seeks investor and expert views on LTCG and STT as it reviews capital market levies amid FPI exodusThe government has initiated a reassessment of long-term capital gains tax and securities transaction tax. Stakeholders, including investor...
- India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...
- Tea Fraternity comes together to raise over Rs 2.26 crore for Assam flood reliefA special charity tea auction held in Guwahati raised Rs 1.61 crore for flood relief. An additional contribution of Rs 65 lakh from a gener...
- UPI MDR decision completely professional, no external pressure: FM SitharamanTalking to PTI, Sitharaman said the decision was completely professional, and it was taken jointly by the National Payments Corporation of ...
- FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
- Ministry of Finnace to engage with banks and traders to allay Merchant Discount Rate concernsIn an effort to shield consumers from additional Merchant Discount Rate (MDR) charges, the finance ministry is set to consult with the Indi...
- FM Nirmala Sitharaman clarifies UPI MDR charges won't affect consumers, hits out at opposition over misinformationFinance Minister Nirmala Sitharaman stated Merchant Discount Rate charges will not be passed to consumers. She clarified these charges are ...
- Karnataka HC quashes 2% cinema cess order, says law not yet in forceThe Karnataka High Court has recently invalidated the 2% cess on cinema tickets instated by the state government, which was still pending e...
- Subhash Chandra Garg cherry-picking figures from two different bases: CBICGarg, who has been at the centre of the recent controversy over the government's GDP growth estimates, had questioned the Centre's claim of...
- GST growth comparisons can’t be 'apples and oranges' says CBIC; hits back at 'misleading' claimsThe CBIC stated that comparing GST revenue figures using different tax bases is misleading. Growth calculations must be made on a like-for-...
- Karnataka: HC seeks Govt response on 2% cinema cess on petitions from multiplexesThe Karnataka High Court has sought the state government's response to a petition. This petition challenges the levy of a two percent cess ...
- Will you pay lower income tax on mutual fund capital gains after retirement? Know 7 ways to reduce your tax burdenRetirement doesn't mean tax-free mutual fund income. Understand how capital gains, IDCW payouts, and SWPs are taxed. Discover strategies li...
- Delhi's Reclaimed Water Policy: Farmhouses to pay ₹10,000/acre monthly for treated water useDelhi plans to charge farmhouses ₹10,000 monthly for treated water use. Construction sites over 500 sqm must use reclaimed water for dust s...
- NRI can’t sell Indian property before October 1, 2026 if buyer does not have TAN; Know how to apply for TAN onlineThe TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...
- New mines law seeks to bring tax uniformityA new Mines and Minerals Act, 2026, aims to standardize mining taxation across India. This legislation seeks to bring uniformity and predic...
- FM Nirmala Sitharaman says centre committed to paying GST compensation; does not give timelineDuring the debate in the Rajya Sabha on the bill seeking Parliamentary nod for additional or supplementary spending in the current fiscal, ...
- September GST collection stands at Rs 94,442 crore against Rs 93,690 crore in AugustOf this, CGST is Rs 15,318 crore, SGST is Rs 21,061 crore, IGST is Rs 50,070 crore and cess collections are Rs. 7,993 crore.
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