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5 mins read

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   


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1 min read

Karnataka registered 10.2% GSDP growth in 2023-24

Karnataka's GSDP soared to 10.2% in 2023-24, outpacing the national average of 8.2%, despite a seve…

PTI   


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2 mins read

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   


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1 min read

GST council meeting today: Tax on health insurance premiums expected to be reduced, says report

The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance pr…

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2 mins read

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   


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4 mins read

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 heal…

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2 mins read

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…

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2 mins read

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   


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2 mins read

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   


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2 mins read

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   


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3 mins read

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 …

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3 mins read

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…

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4 mins read

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   


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7 mins read

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, …

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1 min read

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…

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3 mins read

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…

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4 mins read

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   


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3 mins read

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…

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2 mins read

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   


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1 min read

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