Wide gap between tax receipts and budget target causes concern
The Union government would need its gross tax revenues (GTR) to grow at a daunting rate of 21.4% in the […]
Recent Tax News
SC dismisses Kolkata civic body’s appeal over Eden Garden’s advertisement tax
The Supreme Court on Friday upheld a Calcutta High Court ruling from June that Eden Gardens is not a “public
India leads global tax policy shift amid expanding digital economy: CBDT Joint Commissioner
India has taken a proactive stance in adapting tax laws to the digital era and the rise of borderless digital
Uttarakhand to impose green tax on ‘out-of-state’ vehicles from Dec
Green tax will be collected from vehicles coming to Uttarakhand from outside states from December, officials said. According to officials,
HC fines tax official 25,000 for wrongly rejecting valid appeal
A division bench of MP high court imposed a cost of Rs 25,000 on joint commissioner, state tax and ex-officio
Identity Theft Sparks Rs 5-Cr Tax Evasion Case Telangana
Nagole police have registered a case of cheating, forgery and criminal conspiracy after a 43-year-old advocate from Mehdipatnam alleged that
Centre ‘partial’ in allocation and release of funds to developed states like Tamil Nadu: TN finance minister
The Centre is “continuing to be partial” in allocation and release of funds to States like Tamil Nadu, TN Finance
Tax, non-tax revenues up, says CAG
Even as the state recorded modest increase in tax and non-tax revenues, overall revenue receipts declined in 2023-24, partly due
Madras High Court issues notice to Centre on plea seeking disclosure of tax components in petrol, diesel bills
The Madras High Court has issued notices to the Union Ministry of Petroleum and Natural Gas and other authorities on
India maintains resilience amid trade uncertainties; tax reforms to aid growth: Finance ministry
A recent report by the Finance Ministry’s emphasises that government reforms will protect the economy from trade-related challenges, while advocating
