taxes

DNA: Why is world afraid of sugar?

Now Germany's Chancellor Olaf Scholz... can implement the rule of imposing tax on sugar... However, Germany is not the first country to impose tax on sugar...

Jun 27, 2024, 01:08 AM IST

I-T Department Uncovers Cases Of Inadequate Tax Payments; Check Deadline Date For Payment

Persons/entities who are not registered on the e-filing website have to first register themselves on the e-filing website.

Mar 10, 2024, 14:37 PM IST

Centre did not raise taxes to fund economic recovery, says FM Sitharaman

Finance Minister Nirmala Sitharaman said that unlike several developed nations, the Modi government did not raise taxes to fund the recovery of the COVID-hit economy and focussed on raising public expenditure on infrastructure as it has a multiplier effect.

Mar 25, 2022, 21:51 PM IST

Tax saving FDs: THESE banks are offering better deals

Under this tax-saving programme, the minimum tenure or lock-in period for deposits is 5 years. A maximum tax exemption of Rs.1.5 lakh is available.

Mar 08, 2022, 18:09 PM IST

Earning Rs 10 lakh per annum? Here's how you can pay zero tax

Even those earning a robust Rs 10 lakh per year can plan on paying no taxes. 

Jan 18, 2022, 19:37 PM IST

ITR Filing: Incorrect bank account number? Here’s how to rectify it

Because the refund value is transferred back to the account by the department, the bank account number must be mentioned when filing ITR.

Dec 06, 2021, 22:50 PM IST

Punjab is the most indebted state, taxes should be used for development: Navjot Singh Sidhu

Talking about Punjab's financial condition in a series of tweets, Navjot Singh Sidhu wrote, "Today, Punjab is the most indebted state in India. Debt accounts for 50 per cent of the state GDP."

Nov 15, 2021, 17:44 PM IST

ITR filing: This tax payment service not functional in new IT portal, here’s how to pay it online

But users complained of technical issues from the very first day and not everything has been fixed even after a week, chartered accountants (CAs) said, adding that taxpayers are unable to view past e-filed returns and many features/ facilities continue to be marked 'coming soon'.

Jun 14, 2021, 20:38 PM IST

US President Donald Trump helped parents shield millions from taxes: Report

The White House has called the report 'misleading'.

Oct 03, 2018, 06:29 AM IST

I should pay significantly higher taxes: Bill Gates

Microsoft founder and billionaire Bill Gates have said that he should pay more in taxes and that the government should require other super-wealthy people like him to contribute "significantly higher" amounts.

Feb 19, 2018, 11:00 AM IST

Lindsay Lohan owes over USD 100k in taxes?

Currently, Lohan has been dividing her time London and Dubai

Dec 27, 2017, 17:23 PM IST

Cambodia PM Hun Sen orders English-language newspaper to pay taxes or close

"Pay taxes to the state if you want to exist. If you don`t pay taxes, pack your bag and leave," Hun Sen said in a speech at a ceremony in Phnom Penh. He called the daily "thief chief".

Aug 22, 2017, 19:18 PM IST

Rs 1.75 lakh crore under scrutiny post note ban: PM Modi

Vowing to continue the crackdown on black money, Prime Minister Narendra Modi on Tuesday said that over Rs 1.75 lakh crore deposited in banks post note-ban and more than 18 lakh people with disproportionate income are under government scrutiny.

Aug 15, 2017, 10:32 AM IST

Scope for rationalisation of GST rates: Hasmukh Adhia

Revenue Secretary Hasmukh Adhia on Tuesday said there is scope for rationalisation of tax rates fixed for GST regime and the intention of the government is to increase the revenue without hiking tax rates.

May 30, 2017, 22:46 PM IST

Black money: IDS 'major success', will yield Rs 29,362 cr in taxes, says Arun Jaitley

Describing domestic black money declaration scheme IDS as a "major success", Finance Minister Arun Jaitley Friday said it will yield Rs 29,362 crore in taxes, which is three times the amount garnered by the then government in 1997 amnesty scheme, VDIS.

Nov 18, 2016, 20:32 PM IST

Pay utility bills, tax till Nov 11 using old Rs 500, Rs 1,000 currency notes

Giving some more relief to common man, the Centre today said old Rs. 500 and Rs. 1,000 notes can be used to pay utility bills, taxes, penalty and fees to central and state governments till midnight of November 11.

Nov 10, 2016, 15:39 PM IST

Govt gives declarants option to come up with undisclosed income through e-filing

With just four weeks remaining for the black-money disclosure scheme to close, the government has given declarants an option to declare their undisclosed income through electronic filing rather than physical presentation of documents.

Sep 03, 2016, 11:54 AM IST

Govt should resist urge of control everything: Arun Jaitley

Government should resist the urge to control everything in a liberalised economy, Finance Minister Arun Jaitley said here on Sunday.

Jul 24, 2016, 23:21 PM IST

Good News! Now file tax returns at the click of mouse

Apart from facilitating filings, some portals also suggest possible investment opportunities for the users to save on their tax liabilities.

Jul 03, 2016, 15:21 PM IST

'USD 100 for shaving beard: ISIS imposes new fines, taxes'

In response to their worsening financial situation, the Islamic State in Iraq and Syria (ISIS) is continuing to increase taxes and fines throughout its territory and in some cases introducing new ones.

May 29, 2016, 16:53 PM IST