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INTERSTATE TAX
Assam and Arunachal Pradesh strengthen cooperation in excise administrationArunachal Pradesh and Assam held a ministerial meeting in Itanagar. Discussions focused on excise administration and enhancing inter-state ...- UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsFor the next few weeks, what needs to be watched is market breadth. And also look at which sectors are leading the rally. Why? Because, at ...
- Bengaluru techie quit his Rs 30 lakh job to chase a dangerous dream, only to end up being arrestedDelhi Police have arrested a 31-year-old Bengaluru-based software engineer, Ravi Rathore, for allegedly running a fake online trading racke...
- Indian banks pause gold imports as renewed FinMin notification on IGST hangs fire in FY27Banks in India have paused gold and silver imports since April 1, pending an annual government notification that provides tax clarity for b...
- What Noida's factory protests mean for India's wage debateFactory workers' protests in Noida have reignited India's minimum wage debate. Rising inflation erodes real wages, impacting workers' purch...
- Akshaya Tritiya Alert: Fake gold-silver scam exposed. How conman who earlier duped Aditya Pancholi & Salim Khan's aide trapped victimsAn interstate fake gold coin scam targeting wealthy individuals was busted by Gurgaon Police, with the arrest of Solanki Prabhubhai Gulshan...
- DGGI arrests two in Rs 177 crore GST fraud, linked to fake firmsThe Directorate General of Goods and Services Tax Intelligence has apprehended two individuals in Hyderabad. They are linked to a substanti...
- Drop extra VAT on regasified LNG: IndustryIndustries outside Gujarat face higher taxes on regasified liquefied natural gas. The renewable energy sector urges the government to remov...
- GST to be simple with 1 pc additional tax removal, say expertsConsidering the biggest indirect tax reform measure since independence, the government has met a key opposition demand of scrapping 1% addi...
- NASSCOM upset over inter-state tax levy on e-commerce transactionsIt has expressed its unhappiness over inter-state tax levy on e-commerce transactions, after the Government of Gujarat proposed a Bill to l...
- 17%-18% GST rate okay for long term; some upsets likely over short term: Yogesh Dhingra, Blue Dart"In any change, the transition is the difficult part. We are looking to re-engineer our entire processes, but until everything is put in pl...
- Scrapping of 1% interstate tax biggest positive from GST report: Aditi Nayar, ICRA"But at the end of the day, these are still recommendations. We still need to see what final contour GST takes. The centre and the states n...
- Why we need to change fuel taxesNote that inter-state transactions are currently levied 2% central sales tax — it is a major revenue source, with the proceeds going to the...
- States seek bigger service tax shareThe states now want a bigger pie in services of inter-state nature. They have made a pitch for levying and collecting tax on such services.
- SC notice to UP sales tax dept on Bhel refund pleaThe SC has sought response from the sales tax commissioner, Lucknow, on a petition filed by public sector undertaking Bhel, seeking refund ...
- Inter-state power sale norm for tax sops may goPower plants up to 500 mw generation capacity may no longer be required to comply with mandatory inter-state sale of power to avail tax inc...
- Send-off: As CST slowly makes way for GSTBudget 2007 will kickstart a key tax reform by reducing the central sales tax (CST) on inter-state commerce to 3% from 4% and might also la...
- Maha CM wants sales tax scrappedThe Maharashtra chief minister Vilasrao Deshmukh wants the Centre to scrap the sales tax and instead introduce an integrated national tax o...
- CM all for integrated national taxMaharashtra chief minister Vilasrao Deshmukh wants the Centre to scrap the sales tax and instead introduce an integrated national tax on go...
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