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Taxes

Bihar govt makes it mandatory for Hindu temples to get registered, and pay 4% tax

The BSBRT has been collecting taxes from temples from 1950 onwards, as per reports.

Petrol and diesel prices to come down from tomorrow as centre cuts excise duty, urges states to reduce VAT too

Govt of India has announced that the excise duty on petrol will be reduced by Rs 5, and the excise duty on diesel will be cut by Rs 10

‘Undid the mistake of the past by removing the retrospective tax’: PM Modi at CII Annual Session 2021

PM Modi today addressed the Confederation of Indian Industry (CII) annual session 2021 via video conferencing

After massive Covid-19 mismanagement in Delhi, AAP govt runs full-page advertisements across country to boost Kejriwal’s image

On Friday, the Delhi government ran full-page advertisement not just in several national dailies but also in regional newspapers in Bihar, Rajasthan, Madhya Pradesh, Telangana, Gujarat, etc, announcing a welfare scheme that is meant for only Delhi residents.

Now private sector banks can conduct government transactions, union government lifts embargo

Private sector banks will be able to conduct govt-related transactions such as taxes, pension, small savings schemes etc

Union Budget proposes cess on Petrol and Diesel, but will have no impact on overall fuel prices: Read why

From now on, the unbranded petrol and diesel will attract basic excise duty of Rs 1.4, and Rs 1.8 per litre respectively.

Relief for senior citizens, ease in filing of IT returns: Here’s all the Indirect and Direct tax proposals in Budget 2021

Considering the circumstances, the tax provisions in the Union Budget 2021 acquires special significance.

India witnesses a record high collection of GST in December: Finance Ministry

In a major development, India witnessed a record high collection of Goods and Services Tax (GST) for the month of December 2020.

As Delhi chokes yet again, the blame sits squarely on Delhi government’s shoulders. Read how

The environmental cess is collected from the trucks that enter Delhi every day, and as a part of every litre of diesel sold in the NCR.

Congress screams ‘scam’ in Iron Ore Pellet export based on policies introduced during Congress government: Read details

Export duty on Iron Ore Pellet was reduced to zero by UPA govt in 2011, not in 2014 as alleged by congress party

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