Businesses with small CSR budgets overspend, but large firms face hiccups, shows study

New Delhi, Oct. 18 -- India Inc. is displaying diverging trends in its charity: businesses overshoot their legally mandated corporate social responsibility (CSR) budget when the spending obligation is... Read More

GST rate cuts reaching common man, consumption & investments getting boost, say Union ministers

New Delhi, Oct. 18 -- The GST rate cuts implemented last month have given a strong boost to demand for goods and services and investment sentiment in the country, aiding the government's efforts to ma... Read More

GST rate cuts to benefit farmers: Sitharaman

New Delhi, Oct. 15 -- Finance minister Nirmala Sitharaman on Wednesday said the goods and service tax (GST) reforms, implemented last month, will benefit farmers and that the government was committed ... Read More

GST price-watch body DGAP set to wind down after pending probes

New Delhi, Oct. 15 -- The Directorate General of Anti-Profiteering (DGAP), which probes goods and services tax (GST)-related profiteering cases, is likely to be wound up after completing pending inves... Read More

ED restores property worth Rs.175 crores to homebuyers in IBC vs PMLA case

New Delhi, Oct. 14 -- The Directorate of Enforcement (ED) has restored 354 seized flats and several commercial units of a bankrupt real estate developer, Udaipur Entertainment World Pvt. Ltd, to the s... Read More

Direct tax collections rise 6.3% to Rs.11.9l cr

New Delhi, Oct. 14 -- The Centre has netted Rs.11.89 lakh crore in corporate and personal income taxes, including securities transaction tax, so far this financial year, showing a 6.3% rise from last ... Read More

Direct tax collections rise 6.3% to Rs.11.9 lakh cr

New Delhi, Oct. 14 -- The Centre has netted Rs.11.89 lakh crore in corporate and personal income taxes, including securities transaction tax, so far this financial year, showing a 6.3% rise from last ... Read More

Status quo: GST rates, structure to stay steady in near future; petroleum's inclusion only after revenue gains show up

New Delhi, Oct. 14 -- Central and state governments will retain the current framework of the indirect tax system and maintain the existing goods and services (GST) tax rates as they assess the impact ... Read More

Govt's net direct tax receipt grows 6.3% so far this fiscal to Rs.11.89 trillion

New Delhi, Oct. 13 -- The Centre has netted Rs.11.89 trillion in corporate and personal income taxes, including securities transaction tax, so far this financial year, showing a 6.3% rise from last ye... Read More

Shady deals at companies going bust? A concerted clawback effort is on the way

New Delhi, Oct. 10 -- The Centre is looking to tighten the noose around shady transactions at companies undergoing bankruptcy proceedings committed by previous managements, two people aware of the pla... Read More

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