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INDIRECT TAX LEGISLATIONS
Trump's unusual stock frenzy: Portfolio shows 3,600 trades in 90 daysTrump's investment accounts saw thousands of trades totaling hundreds of millions of dollars between January and March. This feverish activ...
New labour code: Can higher gratuity and social security costs under Social Security Code, 2020 be offset by employers by salary restructuring ?The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in I...
Income tax refund rules change from April 2026: Check these 2 important updates for Tax Year 2026-27Two significant changes to income tax refund rules are effective from April 1, 2026, impacting Tax Year 2026-27. The Finance Act 2026 clari...
India assured DTAA tax benefits will continue after Supreme Court ruling, Mauritius Cabinet Note saysIndia has assured Mauritius that it will uphold benefits under the Double Taxation Avoidance Agreement. This comes after a Supreme Court ru...
As $166 billion tariff refunds begin, will consumers get tariff refunds in 2026? When will payments be released and how fast will they move?$166 billion is now being returned under tariff refunds 2026. This massive payout follows a ruling by the U.S. Supreme Court. It has trigge...
Top 10 winners get Rs 10,000 each: Income Tax Dept organises quiz on Income Tax Act, 2025 with cash prizesThe Income Tax Department is hosting a quiz on the new Income Tax Act, 2025. This initiative aims to boost citizen awareness of the taxatio...
Waiver, other tax reforms top GST Council's docketThe GST Council is set to discuss various measures at its upcoming meeting on June 22 to pave the way for broader tax reforms in the new go...
6-years of GST: With record high collections, why it is an opportune time for rate rationalisationThe primary ideology behind rate rationalisation has been to simplify the GST rate structure and not to garner additional revenues for the ...
Opposition plans to push for GST amendment in Rajya SabhaSources said senior RS members of Trinamool, Samajwadi Party and Congress are in touch to try to force an amendment into the GST legislatio...
GST Bills may be introduced in Lok Sabha on Monday"The four supplementary legislations will be introduced in Parliament as early as on Monday," a senior finance ministry official said.
GST Council may clear supplementary legislations tomorrowThe S-GST, which will allow states to levy the tax after VAT and other state levies are subsumed in the GST, will have to be passed by each...
Indirect tax mop-up beats revised estimate target of Rs 7.04 lakh crore"We have achieved targets on each of the indirect tax levies - customs, excise and service tax," CBEC chairman Najib Shah said.
Government sets up council for consistent tax lawsThe council will be assisted a Tax Policy Research Unit (TPRU), a multi-disciplinary body that will generate ideas for the former’s conside...
No impact of Bihar on PM Modi's popular leadership: Arun Jaitley"The poll impact won't deter investor confidence and sentiment... I think investors are very wise people, they will see the performance of ...
Bihar defeat won't impact investor sentiment: Arun JaitleyJaitley said the defeat of the coalition NDA in Bihar will not have any impact on investor sentiment and the economic reforms will continue.
Finance Ministry seeks India Inc views on certain GST provisionsGST will subsume various levies like excise, service tax, sales tax, octroi, etc, and ensure a single indirect tax regime for the entire co...
Keep agri-produce out of GST ambit: PHD ChamberPHD Chamber today said that agriculture and agri-produce including food processing industry should be kept out of GST.
- DTC likely to become effective from FY'14, hopes Pranab Mukherjee
Finance minister Pranab Mukherjee expressed hope that the direct tax regime would become effective from 2013-14.
- Budget 2012: Quick passage plea spurs hope of GST rollout in 2013
Pranab Mukherjee on Friday appealed to all political parties for the early passage of GST and Direct Tax legislations.
- Govt won't let GST impasse stay for long
The GST could make a debut in the middle of next year. Its planned rollout from April next year now looks uncertain due to opposition from ...