Parliament Watch: FM on rupee, Rs 16.1 lakh cr fuel taxes, India-US trade talks and moreRupee depreciation is influenced by rising crude oil prices and reduced capital account support. India monitors US trade policy changes and...
22 Jul, 2026, 03.03 PM IST
ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
20 Jul, 2026, 11.50 AM IST
ETMarkets Smart Talk | Equity, mutual funds, bonds or property: Tax rules every NRI should know: Ritu ShaktawatNRIs investing in India must understand tax rules and residential status. Double Taxation Avoidance Agreements offer beneficial tax treatme...
14 Jul, 2026, 09.00 AM IST
Assam Budget 2026-27: Spotlight falls on polygamy after big announcement by state FM Jayanta Malla BaruahAmong Assam's 2026-27 budget proposals, a major one is that polygamous men will be barred from accessing government schemes. Additionally, ...
11 Jul, 2026, 10.36 AM IST
AI tools helping identify GST evasion, easing compliance for honest taxpayers: FinMinIndia's Goods and Services Tax (GST) system is leveraging advanced technologies like AI and data analytics to combat tax evasion and stream...
30 Jun, 2026, 07.46 PM IST
As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processesIndia's Goods and Services Tax, now in its tenth year, is evolving towards greater efficiency. The government is leveraging AI, data sharin...
28 Jun, 2026, 11.42 AM IST
Govt plans financial aid for contractors to provide temporary homes to labourers at project sitesHousing Minister Manohar Lal Khattar announced plans to financially assist contractors for temporary labourer housing at project sites, fun...
18 Jun, 2026, 03.21 PM IST
India’s ‘sin’ is govt’s bounty: GST cess may deliver Rs 70,000 cr bonanzaThe Centre is anticipating a significant surplus of approximately Rs 70,000 crore from GST compensation cess collections, even after repayi...
24 Jun, 2024, 12.11 PM IST
Topped up cess collection to fund schemes for states: FM Nirmala SitharamanIn her reply to the finance and appropriation bills in the Rajya Sabha on Tuesday, Nirmala Sitharaman highlighted the utilisation of the va...
31 Mar, 2022, 12.10 AM IST
Govt collects Rs 1.33 lakh crore GST in February, cess collection crosses Rs 10,000 cr for first timeThis is the fifth time that the GST collection has crossed the Rs 1.3 lakh crore mark. The GST cess collection crossed the Rs 10,000 crore ...
01 Mar, 2022, 02.47 PM IST
Centre 'betrayed' states by transferring compensation cess to CFI, alleges SiddaramaiahPointing out that the cess collected was non-lapsable, which means it should be carried over to the next financial year, the former chief m...
26 Sep, 2020, 02.33 PM IST
Centre used GST funds elsewhere, violated the law: Comptroller Auditor General“Audit examination of information in Statements 8, 9 and 13 with regard to collection of the cess and its transfer to the GST Compensation ...
25 Sep, 2020, 07.17 PM IST
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, ...
12 Dec, 2019, 09.47 PM IST
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.
01 Oct, 2018, 09.09 PM IST
- SC upholds cess from builders for workers
Supreme Court has upheld the legality of the cess collected from the builders and contractors under the provisions of the Building and Othe...
24 Nov, 2011, 05.12 AM IST
- Cess collected by state governments remains unutilised
The state governments have not even utilised 25% of the cess collected, meant for welfare of construction workers in the last six years, sa...
23 Feb, 2009, 04.14 PM IST
- Education cess mop-up betters govt estimates
Elementary education may be getting the short shrift as far as Budget 2007 may be concerned, but education cess collection are expected to ...
12 Jan, 2007, 04.05 AM IST