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Tax Talk
Number of individual taxpayers with annual income above Rs 1 crore rose 68% in last four years
The average income declared by salaried and non-salaried taxpayers also increased over the past three years, the Central Board of Direct Taxes said.
Scroll Staff
· Oct 22, 2018 · 03:35 pm
No provision for GST refunds for foreigners as of now, says finance ministry in RTI reply: PTI
The Centre is yet to enforce Section 15 of Integrated Goods and Services Tax Act, which enables foreigners to claim refunds on goods they buy and take home.
Scroll Staff
· Aug 06, 2018 · 04:21 pm
Petroleum may be brought under GST after revenue stabilises, says Bihar Deputy CM Sushil Modi
He cautioned that this may not lead to a reduction in prices of petroleum products as states would be allowed to levy taxes over and above GST.
Scroll Staff
· Aug 03, 2018 · 04:38 pm
Trending
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What Twitter users did as they waited for photos of the Deepika-Ranveer ‘wedding of the year’
Nov 15, 2018 · 08:45 pm
Cyclone Gaja: At least 32 dead in Tamil Nadu and nearly 82,000 people evacuated, say officials
Yesterday · 07:55 am
Top news: CVC report on allegations against Alok Verma is ‘mixed and exhaustive’, says chief justice
Yesterday · 09:56 am
Rajasthan teachers tried – and failed – to counter textbooks rewritten to serve Hindutva propaganda
Yesterday · 09:00 am
Hindu Mahasabha asks Uttar Pradesh CM to rename Meerut after Nathuram Godse
Yesterday · 05:53 pm
GST collections rose marginally to Rs 96,483 crore in July
The government attributed the increase in the mop-up to the e-waybills that helped improve compliance.
Scroll Staff
· Aug 01, 2018 · 07:36 pm
Is GST exemption for sanitary napkins a victory or will it allow Chinese pads to dominate?
Arun Jaitley argued last year that if the GST rate for sanitary napkins was lowered to 0%, ‘there would be no Indian manufacturer left’.
Rohan Venkataramakrishnan
· Jul 23, 2018 · 06:30 am
GST Council exempts sanitary napkins from taxation, removes a number of items from 28% tax slab
Many items such as marble, rakhi, wooden deities and sal leaves also will not be taxed, Interim Finance Minister Piyush Goyal said.
Scroll Staff
· Jul 21, 2018 · 06:31 pm
Video
See all
Eco India, Episode 4: Meet the man who is fighting for the rights of stray dogs in Mumbai
an hour ago
Watch: A Texas woman celebrated her divorce by blowing up her wedding dress
4 hours ago
Watch: Is this tribute to Elton John’s musical career a touching tribute or a clever ad?
8 hours ago
Watch: Loyal dog waited on the road for more than eighty days for its dead owner to return
Yesterday · 08:00 pm
Watch: An impressed AR Rahman posts video of Andhra woman's rendition of his song 'O Cheliya’
Yesterday · 05:00 pm
Centre increases threshold for tax ligitation in tribunals, courts; 29,580 cases could be withdrawn
The move will also reduce the amount locked up in such litigation by Rs 5,600 crore, the government said.
Scroll Staff
· Jul 12, 2018 · 06:19 pm
‘Milk and Mercedes can’t have same tax’: Narendra Modi rules out single rate under GST in interview
He said a total of 48 lakh new enterprises have been registered since July 1 last year, against 66 lakh indirect taxpayers registered since Independence.
Scroll Staff
· Jul 01, 2018 · 03:20 pm
Six finance ministers meet president, seek changes in 15th Finance Commission’s terms of reference
Some of the terms bring significant financial hardship to all states, they told Ram Nath Kovind.
Scroll Staff
· May 18, 2018 · 12:19 pm
The Reel
See all
‘Alarm’ teaser: A cop races against time to save the day in ZEE5 Tamil series
5 hours ago
Parmish Verma to star in Punjabi remake of Ajay Devgn’s ‘Singham’
5 hours ago
The Criterion Collection to roll out its own streaming service in 2019
5 hours ago
‘Mirzapur’ review: Strong performances and sharp dialogue elevate a familiar gangster saga
10 hours ago
‘A love story about the 50-plus age group’: Sanjoy Nag on Soni Razdan-starrer ‘Yours Truly’
13 hours ago
GST Council approves simplified system for filing tax returns
The new system is expected to be ready in six months.
Scroll Staff
· May 04, 2018 · 06:35 pm
GST collections exceed Rs 1 lakh crore in April for the first time
Taxpayers usually pay arrears of previous months with their March taxes and that could explain the increase, the government said.
Scroll Staff
· May 01, 2018 · 03:54 pm
Tax department releases new IT return forms for 2018-’19 assessment year
The forms have been simplified, but the process of filing tax returns remains the same, the Central Board of Direct Taxes said.
Scroll Staff
· Apr 06, 2018 · 12:06 pm
The Field
See all
BCCI to monitor Shami’s workload in Ranji Trophy, can bowl only 15-17 overs for Bengal per innings
41 minutes ago
New Zealand bounce back on day two against Pakistan as Trent Boult picks up four wickets
an hour ago
Live
Women’s World T20, India v Australia live: Smriti Mandhana smashes a quickfire half century
Live
2 hours ago
Powerful Kuwaiti International Olympic Committee member to be tried in Switzerland for forgery
2 hours ago
Women’s Boxing Worlds: Sonia keeps India’s winning streak intact with victory over Morocco’s Doaa
2 hours ago
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