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GST taxpayers to get flexibility to decide on monthly tax payment
Come January 1 and GST taxpayers would be able to pay their tax dues on a self assessment basis wit…
Kotak Mahindra Bank gets approval from the government to collect direct, indirect taxes
After technical integration, KMBL customers will be able to pay their direct and indirect taxe…
Gems, jewellery exports can now be couriered globally
Gems and jewellery exporters have been permitted to send their goods across the globe to their buye…
FM plays Santa: Zero tax on income upto ₹7 lakh under the new regime
Tax saved by individuals in higher income brackets will result in the amount getting channelised in…
Here’s all you need to know about Indirect Tax in India
Service tax is applicable to be paid by the entities that provide services like consulting…
What is TDS challan payment
Due dates for depositing TDS The TDS that a payer has collected in a given month must be depo…
India’s rich to shell out more for luxury cars, global travel but may have more to invest
The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …
FM urges I-T officials to expedite returns, refund process and grievance redressal
Finance Minister Nirmala Sitharaman on Tuesday urged income tax (I-T) officials to follow the three…
20% tax on foreign remittances make foreign investments unviable for retail investors
Budget announcement of 20% tax on foreign investments to make investments in the US markets less ap…
What is Excise Duty and How it is calculated
Excise duty is levied on the goods that are manufactured within India as against the custom du…
Lower rates alone will not stop GST evasion — simpler rules will
However, 20 months after it was introduced in July 2017, it has failed on both counts. Let’s tak…
The Democrats' big climate and tax bill could bring an extra benefit — making your tax refund come on time
Millions of Americans waited on tax refunds for months due to an overstrained IRS. Now, Democrats a…
Juliana Kaplan
Conservative Justice Brett Kavanaugh rules states can't sue the government just over 'indirect' harm from a federal policy. One of the lawsuits blocking Biden's student-debt relief involves 6 states doing exactly that.
Kavanaugh ruled two states did not have standing to sue the federal government. A similar issue is …
Ayelet Sheffey
Tax rate revision will increase purchasing power of middle class: Bandhan Bank CEO
The revision in income tax rates will increase the purchasing power of the middle class sections of…
India’s Finance Minister moots the possibility of a single tax rate on standard items amid continued criticism of the government’s GST regime
Jaitley explained that prior to the reform’s implementation, the value-added-tax regime levi…
After cryptos, the taxman could come for your NFTs says a new report
The Indian government, earlier this year, brought virtual digital assets (VDA) under the ambit of t…
5 reasons to applaud the smart, speedy jury that convicted the Trump Organization of tax fraud
They cut through 10 days of dense financial testimony and stacks of spreadsheets to reach the right…
Laura Italiano
India might charge goods and services tax for cryptocurrency dealings
After months of confusion over their legal status, it seems the Indian government is planning to re…
SIMPLY PUT: How will the GST council’s tax changes affect family budgets?
GST rates were being revised to rationalise tax on certain goods and services to correct a…
INTERVIEW: EY to hire 25,000 professionals in the tax department
EY, a multinational professional services advisory firm has said it will hire 25,000 tax profession…