NEW DELHI, April 2 -- The Centre has exempted 40 critical petrochemical feedstocks and intermediates from duties to cushion domestic industry from supply disruptions triggered by the Iran war, the fin... Read More
New Delhi, April 2 -- The Central Board of Direct Taxes (CBDT) has clarified that investments made in India before 1 April 2017 are outside the scope of the anti-abuse rule General Anti Avoidance Rule... Read More
New Delhi, April 2 -- Central and state governments collected Rs.1.78 lakh crore in net GST (goods and services tax) revenue this March after adjusting for tax refunds, an 8.2% annual increase and the... Read More
New Delhi, April 1 -- Amendments to the Insolvency and Bankruptcy Code (IBC) expand the scrutiny over pre-bankruptcy transactions of distressed companies to cover a longer period, finance and corporat... Read More
New Delhi, April 1 -- Central and state governments collected Rs.1.78 trillion in net GST revenue this March after adjusting for tax refunds, an 8.2% annual increase and the highest monthly total sinc... Read More
New Delhi, March 31 -- India has removed the Rs.10 lakh cap on export by courier firms and enabled the return of uncleared parcels to senders from 1 April, easing shipment constraints and improving tu... Read More
New Delhi, March 31 -- A simpler income tax law will come into force from 1 April, along with other changes announced in this year's Budget including higher benefit of deductions for salaried tax paye... Read More
New Delhi, March 30 -- International Finance Corp. (IFC) aims to scale up its India investments by about 30% to $7 billion this fiscal year ending 30 June, said Sarvesh Suri, regional vice-president f... Read More
New Delhi, March 29 -- The Confederation of Indian Industry (CII) has urged businesses to adopt practical and responsible measures amid the current energy shock triggered by the ongoing West Asia war,... Read More
New Delhi, March 26 -- The 12% flat surcharge under the new share buyback taxation regime introduced in this year's Finance Bill will apply only in the case of promoters, the Income Tax Department sai... Read More