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Taxes

20% TCS on international credit cards: What it is, why it was needed, and how it will impact foreign visits – everything you needed...

The abolition of rule 7 of the FEMA (CAT) Rules, 2000 means that credit card payments made while travelling abroad will attract 20% TCS

How much money the taxpayers will save after the newly announced income tax structure in Budget 2023: Some illustrations

Comparative analysis of income tax for various taxable incomes under existing and revised tax structure under new tax regime

Anushka Sharma moves High Court over sales taxes “erroneously” imposed by Maharashtra government, court seeks govt’s reply

Anishka Sharma moves high court after Maharashtra govt imposed sales tax on her endorsement fee saying she owned copyright over the works

GST collection in December 2022 goes up by 15% to reach almost 1.5 lakh crore

Gross GST revenue collected during December 2022 reached ₹1,49,507 crore, going up by 15% compared to December 2021

Taxing cow farts– Everything you need to know about New Zealand’s plan to impose a tax on ‘methane-producing’ cattle and other animals

President of the Federated Farmers of New Zealand, Andrew Hoggard told Financial Times that the move by the government would affect small-town New Zealand

Arvind Kejriwal claims Bhagwant Mann was demanding Punjab’s own money while seeking central aide, this is why he is playing a dangerous game

Arvind Kejriwal claims centre is hoarding money belonging to states, says Bhagwant Mann's demand of grant was Punjab's money

Uttar Pradesh CM Yogi Adityanath orders exemption of water, house tax for Temples, Monasteries, Dharamshalas etc in Ayodhya

After being sworn in as UP's chief minister for the second time, Yogi Adityanath visited Ayodhya for the first time.

Haryana govt declares Vivek Agnihotri’s latest movie ‘The Kashmir Files’ tax-free, no state GST to be charged on tickets

The government of Haryana has declared Vivek Agnihotri’s movie ‘The Kashmir Files’ tax-free

Sonam Kapoor’s husband accused of evading tax and duties, gets caught by a shipping company for doctored invoices

Sonam Kapoor's husband Anand Ahuja accused of understating invoice in a bid to evade taxes and duties.

Union Budget 2022-23: No change in Income Tax slab, govt focuses on ease of compliance under Direct Tax regime

Finance Minister Sitharaman announced that a new provision would be introduced to provide an opportunity to taxpayers to file the updated returns, on payment of additional tax, within two years of the end of the relevant assessment year.

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