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1 min read
Hero MotoCorp gets over Rs 17 crore tax notice from Delhi GST authorities
The company has received an order for disallowance of input tax credit for FY 2019-20 from the Of…
PTI
2 mins read
Infosys says Karnataka govt withdrawing pre-show cause notice on GST notice
Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice iss…
ANI
1 min read
Cipla gets Rs 773 cr demand notice from I-T dept
Shares of Cipla on Tuesday settled 0.56 per cent down at Rs 1,507.50 apiece on the BSE.
PTI
2 mins read
CBDT forms committee for IT Act review; 'sunset' clauses to be eliminated
Central Board of Direct Taxes (CBDT) chairman Agrawal said the committee is looking at the best glo…
PTI
2 mins read
54th GST Council meeting to take place on September 9 in New Delhi
The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…
ANI
2 mins read
Received a tax mismatch notice from the IT department? Here is how to set it right
An income tax mismatch notice can happen due to several reasons. In an increasingly digital world, …
2 mins read
Important dates to remember while filing your ITR this time!
13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…
4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
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
1 min read
Zomato stock down after Rs 400 cr show-cause notice for GST dues
Zomato shares were trading more than 4 per cent down on Thursday morning after it received Rs 400 c…
5 mins read
The first US presidential debate will have some noticeable differences
It didn't come easy, and it won't feel quite the same, but we're getting our first US presidential …
Dan DeFrancesco
1 min read
Bata India gets ₹60 crore sales tax notice
The company said it initially received an audit notice on April 27, 2023, and submitted relev…
PTI
3 mins read
I saved $1,000 a month when I cut alcohol. The emotional and physical tax was just as expensive.
Katie Butler saves $1,000 a month from sobriety. She now has money to put in monthly savings, for t…
Tess Martinelli
1 min read
Zomato gets service tax demand and penalty order of ₹184 crore
Online food delivery platform Zomato said it has received a service tax demand and penalty order a…
PTI
4 mins read
People are getting taxed for gig work they've never done
Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …
Alex Bitter
2 mins read
HUL receives GST demand, penalties of Rs 447.5 cr from authorities of five states
Leading FMCG maker Hindustan Unilever Ltd has received GST demand and penalties totalling Rs 447.5 …
PTI
4 mins read
Puerto Rican tax breaks are luring wealthy newcomers. A millennial says that's bad news for members of her generation with dreams of careers and homeownership.
Puerto Rico is becoming a popular destination for mainland Americans seeking tax breaks, but an inf…
Cork Gaines
2 mins read
Deductions for megamansions and Ferraris: The IRS details tax dodges by the ultra-wealthy and says it recently squeezed 100 millionaires for $122 million in missing taxes
The IRS is ramping up enforcement on the ultra-wealthy, and it's already raked in about $160 millio…
Juliana Kaplan
2 mins read
An accountant won $78 million in the lottery, but isn't quitting his job until he's wrapped up all his clients' taxes
British accountant Richard Nuttall and his wife Debbie won $78 million in January, but he said he w…
Mikhaila Friel
1 min read
GST notices worth Rs 1 lakh crore issued to online gaming firms
The Goods and Services Tax (GST) authorities have issued show cause notices demanding as much as Rs…