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Till July 2, FPIs have invested Rs.43,804 crore in India, including investment through stock exchanges, primary market and bulk deals
Finance

India largest recipient of FPI flows; Rs.43, 804 crores invested in...

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The Minister was replying to a question on the number of Chinese handset companies which have evaded taxes and made illegal remittances in India
Finance

Chinese mobile companies evade Rs.9,000 crore in tax in India, Rs.1,629...

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Circular clarifies that taxpayers can also adopt for a cross charge mechanism and bill the branches by adopting the value as per Rule 28
Finance

Centre issues clarification on input tax, levy of tax on subsidiary...

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Taxpayers have to file the returns for 2022-23 with the assessment year being 2023-24
Finance

Deadline to file IT returns won’t be extended; Govt urges taxpayers...

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The tax on online gaming companies would be imposed without making any differentiation based on whether the games required skill or were based on chance
Finance

GST Council decides to impose 28 pc tax on turnover of...

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Council's Fitment Committee had recommended to the GST Council that MUVs and XUVs should be defined at par with SUVs for levying GST
Finance

GST Council likely to take a call on taxing heavy utility...

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Of the total Rs.1.61 lakh crore collected in June, CGST was Rs.31,013 crore, SGST was Rs.38,292 crore, IGST was Rs.80,292 crore
Finance

High GST collection reflects India’s vibrant economic trend

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Aadhaar e-KYC service continues to play a key role in the banking and non-banking financial services sectors
Finance

Aadhaar-based face authentication transactions touches 10.6 million, an all-time high since...

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Net direct tax collection of Rs.3,79,760 cr included CIT at Rs.1,56,949 cr net of refund & PIT including securities transaction tax at Rs.2,22,196 cr (net of refund)
Finance

Direct tax collection for 2023-24 rises 11%; stands at Rs.3,79,760 crore

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LTI Mindtree officials had said that they will be proactively reaching out to all stakeholders to resolve issues being faced by them
Finance

Govt to hold meetings with stakeholders over glitches in MCA-21 portal

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