Tag: Tax
'E-commerce Term Too Wide In GST, May Cover Commodity Exchanges'
Industry chamber Assocham on Sunday asked the government to clearly define the scope of e-commerce under the Goods and Services Tax (GST) regime, as the current definition is wide enough to even cover commodity derivatives exchanges.....
Pakistan SC For Probe Into Sharif's Panamagate Links
Pakistan's Supreme Court on Thursday ordered a Joint Investigation Team to probe if Prime Minister Nawaz Sharif was involved in corruption as alleged in the Panama Papers.....
No Plans To Tax Agriculture Income, Centre Cannot: Jaitley
The government has no plans to impose any tax on agricultural income, Finance Minister Arun Jaitley said on Wednesday putting to rest recent speculation on a politically sensitive issue....
Jharkhand Assembly Ratifies GST Bill
The Jharkhand assembly unanimously passed the Goods and Services Tax (GST) Bill, 2017, at a specially convened session on Thursday. ....
E-taxi Trial Run In Nagpur From May 24
The trial run of the first electric taxi in the country will start from May 24 in Nagpur, Union Minister for Road Transport Nitin Gadkari said on Friday.....
Full Impact Of FATCA To Be Known On Tuesday
The full impact of bank accounts getting blocked due to non-compliance with the Foreign Account Tax Compliance Act (FATCA) will be known on Tuesday or Wednesday, said a banker in a government-owned bank. ....
Uttar Pradesh To Roll Out GST From July 1
The Uttar Pradesh cabinet on Tuesday approved the GST Bill ahead of introducing it in the forthcoming assembly session so that the new tax regime could be rolled out from July 1, state government spokesperson and Minister Siddharthanath Singh said.....
Linking Aadhaar With PAN Needed To Curb Multiple PAN Cards, SC Told
The central government on Tuesday defended linking the Aadhaar number with permanent account number (PAN) and making it mandatory for filing income tax returns, telling the Supreme Court that it was meant to curb individuals possessing multiple PAN cards by putting in place a robust identification system.....
FATCA Non-compliant Accounts Not Blocked Automatically
There were no automatic blocking of bank accounts that did not comply with Foreign Account Tax Compliance Act (FATCA). ....
India's Tax Revenue Will Touch Rs 30 Lakh Cr In Two Years: Gadkari
India's tax revenue may touch Rs 30 lakh crore over the next two years, more than double of what it was when the BJP came to power in 2014, Road Transport and Highways Minister Nitin Gadkari said on Thursday. ....
