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COMMERCIAL TAXES KARNATAKA
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
SC upholds govt retrospective 28% GST levy on online gaming companiesThe Supreme Court has backed the government's retrospective 28% GST on online gaming. The court ruled that online gaming platforms are not ...
'Centre's price hike a curse': DK Shivakumar slams BJP, defends Congress guarantees schemesKarnataka Deputy Chief Minister D K Shivakumar criticizes the BJP for raising prices and increasing the financial burden on citizens. He hi...
Congress calls fuel hikes "silent tax on households", accuses govt of "corporate protection racket"Fuel prices have risen for the fourth time in ten days. Congress leaders condemn these increases as a silent tax on Indian households. They...
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
State incentives power India’s EV market growthAs environmental consciousness rises, Indian consumers are increasingly opting for electric vehicles. Favorable state policies are making E...
In war, anything can happen; in investing, only management matters. 6 stocks from different sectors with upside potential of up to 27%Net margin is a useful metric. It tells you how much profit remains after costs, interest, and tax are deducted from revenue. But it does n...
Property tax: e-Khata in Bengaluru can now be downloaded online using SAS Property Tax ID; Know how to downloadBengaluru residents can now download their e-Khata online. This new system uses your SAS Property Tax ID for quick access. The Bruhat Benga...
SC halts Rs 317 cr tax demand against Antrix CorporationThe Supreme Court has put a hold on the Karnataka tax department's demand of over Rs 317 crore in VAT arrears from Antrix Corporation, ISRO...
SGST collections in first half: Karnataka, TN & Gujarat race together as Maha retains its leadTamil Nadu and Gujarat have both netted over Rs 22,000 crore in state GST collections from April 2024, with Karnataka showing a 9.7% growth...
Zomato gets Rs 9.5 crore tax demand, company to appeal against orderFood delivery company Zomato said it has received a tax demand from the Karnataka authorities, aggregating to Rs 9.5 crore. This is the lat...
Karnataka: Commercial tax dept raids coaching classes in VijayapuraThe Belagavi enforcement wing of Karnataka's Commercial tax department has conducted raids on coaching classes in Vijayapura district suspe...
Karnataka GST authorities unearth tax evasion in govt contractsThe enforcement wing of Karnataka's Commercial Tax Department has uncovered a case of tax evasion in government contracts, with suspected t...
Karnataka GST collections on upswing, points to revival in buying sentimentThe state’s commercial taxes department has collected Rs 3,680 crore in state GST (SGST) this month against Rs 3,056 crore in October 2019....
- Karnataka taxmen detect 60 GST registrations linked to Chinese national, seal off warehouse in Bengaluru
Commissioner of Commercial Taxes MS Srikar, in a press note, said the officers noticed that one person from Wuhan City, China, got the prem...
Rs 1 crore sought as entertainment tax from TCS World 10K Bengaluru run Procam InternationalIf an organiser collected a participation fee for an event, such an activity fell within the definition of entertainment under the Karnatak...
Karnataka tries to solve Amazon's tax issue, head of global investor meetThe industries department, sources said, is trying to resolved the issue ahead of investor meet to save the government from a possible emba...
Karnataka's tax department asks Amazon's vendors to remove goods from warehousesThe state tax authorities had deemed that Amazon was a commission agent and had to pay value-added tax on goods stored in its warehouse.
Relief for Amazon: Karnataka in damage control mode, asks its taxmen to go easy on dealersThe retailing giant and the Commercial Taxes department have been at loggerheads on who should issue value-added tax invoice to the buyer.
- Karnataka govt serves Rs 423-cr purchase tax notice on Coffee Board
IT doesn’t get more bizarre than this even for the second-most widely traded commodity in the world. Coffee Board, which comes under the ad...