Centre Transfers Over Rs 4.28 Lakh Crore As Tax Revenue To States
The Central government has received Rs 10,95,209 crore from April to July of the current financial year, which comprises 31.3 […]
Recent Tax News
Pre-budget meetings for FY26-27 to start from October 9
The Department of Economic Affairs (DEA) has announced that pre-budget meetings for the financial year 2026-27 will begin on October
M K Stalin CM: Centre not giving TN proper share of tax revenue
Chief minister M K Stalin on Saturday flayed the BJP govt at the Centre, accusing it of not allocating enough
Air India, AI Express post ₹9,568 crore loss before tax in FY25
Air India and Air India Express together posted a loss before tax of ₹9,568.4 crore in the financial year ended
CBDT and CBIC face significant staff shortages amid tax reforms
Amid preparations for new Income Tax legislation and other reforms in indirect tax administration, the Central Board of Direct Taxes
State finances steady in Q1: Fiscal deficit at 1.8% of GSDP as 24 states post Rs 1.5 lakh crore gap; capex surges 28% on strong tax receipts
The combined fiscal deficit of 24 Indian states, accounting for nearly 92% of the country’s GDP, stood at Rs 1.5
Bombay HC upholds tax on online ticket booking fee
The Bombay High Court on Thursday upheld the Maharashtra government’s right to levy entertainment tax on convenience fees charged during
Tax arrears worth Rs 54.53 lakh crore pending as on June 30 Govt
Total direct and indirect tax arrears stood at over Rs 54.53 lakh crore as of June 30, Parliament was informed
8th Pay Commission update: Govt hints at timeline for appointment of panel chairman, members
8th Pay Commission update: The Centre has finally hinted at when it will announce the appointment of the chairman and
Action to be taken against CAs if they violate new tax audit limit rules: ICAI president
The Institute of Chartered Accountants of India (ICAI) will initiate penal action against chartered accountants if they violate its new