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Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
Finance Ministry should identify high risk taxpayers in GST composition scheme: CAG
The Comptroller and Auditor General (CAG) has asked the Finance Ministry to identify high risk taxp…
PTI
Here are the benefits you get with India’s most expensive credit card with a ₹3.54 lakh annual fee
Credit cards have become a major part of India’s financial landscape in recent years. What was once…
Fund allocations to key sectors and schemes hiked in budget
The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…
ANI
Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.
At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards hea…
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
RAI's Budget wishlist: Lower taxes for individuals, benefits on land rates, electricity
Retailing in India accounts for about 10% of the country's GDP. In its memorandum, the retail assoc…
PTI
Parliamentary panel recommends reduction in GST on insurance products
There is a need to reduce the GST rate on insurance products, especially health and term insurance,…
ANI
How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs
With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from …
Hayley Cuccinello
Retail vehicle sales decline 4% in April, says FADA as it remains cautious about May
Entry-level passenger vehicle segment has fewer buyers, suggesting that customers at the bottom of …
Online gaming industry says 28% GST makes operations unfeasible
The online gaming industry woke up expecting a bad day on Dalal Street after the 50th GST Council a…
Explained: Travel insurance for students and why it is a must when going to study abroad
“When it comes to choosing between international student health insurance and travel insurance, …
Oct 1 deadline for compulsory e-invoice generation nears for firms with ₹10 crore turnover
Central Board of Indirect Taxes and Customs (CBIC) had on August 1 issued a notification regar…
Indian government collected ₹1.30 lakh crore in GST
The revenue for October is also the second highest ever since introduction of GST, second only…
GST Council may consider bringing petrol, diesel under GST on September 17
In June, the Kerala High Court, based on a writ petition, had asked the GST Council to decide…
PTI
Can you claim input tax credit on CSR expense — three authorities have two different rulings
There are two other rulings from the same authority and one of those allows the input tax cred…
GST Council meet: No new tax on food delivery apps Swiggy, Zomato
It extended the period of concessional GST rates on certain COVID-related drugs by three mo…
PTI
Brands slow in passing GST rate reduction benefits to consumers: Report
The Goods and Service Tax (GST) was introduced with the purpose of simplifying the tax structure i…
PTI
OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more
With the upcoming change, ITC on an invoice/debit note can be availed by a recipient only when d…
Union Budget 2020: From single-window clearance to GST relief tax benefits, here’s what hospitality industry expects from Nirmala Sitharaman
Finance Minister Nirmala Sitharaman is all set to announce her second budget on February 1. The h…