Two influential Democrats are planning to levy a tax on countries that do not follow the rules for limiting climate change.
Mamata Banerjee also urged Modi to strengthen health infrastructure and augment supplies of equipment, medicines and oxygen for the treatment of coronavirus-positive patients
Central Board of Direct Taxes (CBDT) Chairman P C Mody on Friday said the income tax department has exceeded the revised estimates despite issuing substantial refunds in the 2020-21 fiscal.
Basic economics shows that indirect taxation distorts the economy and how direct taxation is discriminatory in nature, as many are outside the purview of direct taxes.
Revenue collection in October shows a 22% jump compared to the previous year; it had fallen drastically between March-April due to the lockdown.
In the meeting, the GST target was set at Rs 1.10 lakh crore every month between December 2019 and March 2020.
More than Rs 7 lakh crore worth of wealth was added as market capitalisation on the Bombay Stock Exchange, welcoming the finance minister’s announcement to reduce effective corporate income tax by almost 10 percentage points from 34.94 to 25.17.
Finance Minister Nirmala Sitharaman presented the Union budget on Friday and said the NDA government had set the ball rolling for a "new India" in its first term, saying there is a lot to cheer about for the middle class.
Finance Minister Nirmala Sitharaman presented the first budget of the Modi government in its second term. Sitharaman said India needs to make structural reforms to achieve USD 5 trillion economy in the next few years. Follow live updates here
Trump has repeatedly claimed that India is a 'tariff king' and imposes 'tremendously high' tariffs on American products.
The Congress president said another idea that came up during discussions with entrepreneurs was the opening of the banking system to young business-persons and providing them access.
The Congress President has repeatedly questioned Modi for not holding a press conference since he became the Prime Minister in 2014.
Dismissing the criticism of GST as ill-informed and motivated, Jaitley said the new indirect tax regime has led to lower taxes, lower inflation and reduced evasion.
Gandhi also attached a video of his election campaign during the Gujarat Assembly polls last year in which he had made the GST's "flawed implementation" a key issue.
President Donald Trump probed against tax schemes that include instances of outright fraud
When the GST council reduced the number of items attracting the top 28 per cent tax rate to just 50 from 228 in November last year, Chidambaram had said the decision had been taken to further the chances of the BJP in Gujarat where the election was due then.
"The increase is mainly on account of GST on revised price of Domestic Non-Subsidised LPG," the statement said.
In this file image, Punjab Cabinet Minister of Tourism and Cultural Affairs Charanjit Singh Channi addresses the foundation stone laying ceremony of a memorial for those killed in Jallianwala Bagh massacre, at Anand...PTI Photo
Congress supporters outside Governor's residence after Charanjit Singh Channi, was announced as the next CM of Punjab, in Chandigarh.PTI Photo
Former union minister and sitting MP Babul Supriyo during interaction with media, in the presence of TMC Rajyasabha MP Derek O'Brien (R) and TMC leader Saugata Roy (L) at a city hotel in Kolkata.PTI Photo/Swapan Mahapatra
UP Chief Minister Yogi Adityanath being garlanded on his visit to Dr. Ram Manohar Lohia Avadh University in Ayodhya.11
The Indian Coast Guard (ICG) team at Mandapam have seized two tonnes of banned sea cucumber.PTI Photo
India is poised to become a global education hub with the government introducing major policy changes
Outlook's annual ranking of India’s top 50 State Private Universities in 2021 will help students make an informed choice.
Jain to Patidar. Was caste a decisive factor in the BJP’s choice for CM during the recent change of guard in Gujarat?
With all foreign soldiers out of Afghanistan, the Taliban is now in a position to do pretty much what it wants.
It can be a crucial stepping stone to develop young minds to appreciate the importance of practising honesty throughout their academic journey and lay the foundations for successful professional careers.
One can be pro-religion, but against coerced religion; one can be pro-vaccines, but against coercion and mandates
We can do anything with the Cloud. Buy and sell, eat, cook, get our clothes, houses, cars, watch movies, read books, listen to music, talk, write, communicate, ask, create, teach, learn, heal…. Schools must prepare children for this world.