States are also cautious on GST rate cuts: FM SitharamanFinance Minister Nirmala Sitharaman remarked that states are cautious about implementing GST rate cuts, aiming to protect revenue without i...
28 Aug, 2024, 12.17 PM IST
Budget 2024: Tax practitioners' urge govt to rationalise personal income taxUnion Budget 2024: The All India Federation of Tax Practitioners (AIFTP) has called for a 10% exemption limit on personal income tax in the...
14 Jul, 2024, 11.40 AM IST
High-end EVs to cost more in Karnataka as govt to levy additional taxKarnataka government introduces a 10% lifetime tax on high-end electric vehicles to control the rise of luxury EVs. It is estimated that by...
09 Mar, 2024, 01.25 PM IST
Karnataka Budget announcements by CM Siddaramaiah: Key highlights and detailsKarnataka Budget: Ahead of budget presentation, all eyes were on what revenue generation mechanism the govt comes up with to meet the finan...
16 Feb, 2024, 02.46 PM IST
Cess, surcharge collections rose 133% between FY'18 and FY'23Cess and surcharges are levied by the Central government for the purposes of the Union under Article 271 of the Constitution of India. The ...
07 Mar, 2023, 08.46 PM IST
Fuel prices can be lowered by 30%, says KTRHe remarked that the fuel price hike for 12th time in 14 days outdoes any torture. "Read about Chinese torture only in books. This consecut...
04 Apr, 2022, 03.48 PM IST
Finance Ministry permits 4 states to borrow additional Rs 5,034 crore post ease of doing biz reformsWith this, 12 states, including Andhra Pradesh, Karnataka, Kerala, Madhya Pradesh, Odisha, Rajasthan, Tamil Nadu and Telangana, have undert...
06 Feb, 2021, 09.45 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
HD Kumaraswamy suggests COVID cess on ultra rich to offset revenue lossFormer Karnataka Chief Minister H D Kumaraswamy on Monday suggested imposing "COVID cess" on the ultra rich to offset the loss of revenue, ...
27 Apr, 2020, 03.15 PM IST
View: Before abandoning the old regime of corporate tax, exercise cautionHere's an analysis of how the new regime of corporate taxation will affect India Inc.
24 Sep, 2019, 08.41 PM IST
Tea industry in crisis says Indian Tea Association in public appealRecently a delegation of tea industry met Assam government officials, seeking intervention.
01 Aug, 2019, 11.00 PM IST
Interim Budget: 10 Things to watch out forWhat should you watch out for in today's interim budget.
01 Feb, 2019, 08.43 AM IST
Union Budget 2016: HighlightsGovernment has to prioritize expenditure. Focus on the rural and social sectors, infrastructure and recapitalization of bank
28 Dec, 2018, 06.37 PM IST
We are being 'befooled' by executive, says 'frustrated' Supreme CourtSeverely criticising the government, the apex court rued that around Rs one lakh crore worth of funds meant to protect the environment and ...
10 Apr, 2018, 06.57 PM IST
Modicare: What we know so far about 'world's biggest healthcare' schemeNiti Aayog estimates NHPS will cost the government Rs 5000-6000 crore at a premium of RS 1000-1200 per family assuming 50% coverage in the ...
02 Feb, 2018, 05.50 PM IST
Budget 2016 full of hollow promises, lacks vision: Sitaram Yechury"As with the previous two budgets, this budget of the Modi govt is again full of hollow promises and slogans. The numbers just don't add up...
29 Feb, 2016, 05.21 PM IST
Government proposes change in norms to free funds for border roadsGovernment is proposing to amend the Central Road Fund (CRF) Act to bring greater clarity regarding the framework for sharing of the fund.
06 Jan, 2016, 12.42 PM IST