Online food and grocery delivery platform Swiggy is facing fresh tax troubles after receiving two assessment orders related to the financial year 2021-22.
The resurgence of US President Donald Trump and his aggressive tariff policy places India in a uniquely precarious yet opportune position.
The decline in retail inflation to a level that is below the RBI’s targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs.
The Aam Aadmi Party (AAP)-led Municipal Corporation of Delhi (MCD) on Monday announced that homeowners who clear their full house tax for 2024-25 will have all their previous outstanding dues waived off.
The company's reported expenses at Rs 14,249 crore in the reported quarter, which is lesser than Rs 14,254 crore incurred in the year-ago period.
Government has hiked the Special Additional Excise Duty (SAED) or windfall tax on crude petroleum from Rs 1,600 per tonne to Rs 4,250 per tonne.
A recent Oxfam report, published in January 2023, found that the richest one per cent in India own more than 40 per cent of the country's total wealth, while the bottom half together share just 3 per cent. Also, during FY 2020-21, approximately 64 per cent of the total Rs. 14.83 lakh crore in Goods and Services Tax (GST) came from the bottom 50 per cent of the population, with only 3 per cent coming from the top 10 per cent
There are several countries which sell their citizenship. So as the real India's socio-economic situation worsens, keep an escape route open. Bear in mind that 2.25 lakh High Net worth Indians gave up their Indian nationality in 2022 alone. Obviously they were not idiots, they knew pretty well how the nation was being hollowed out and why it was worth their while to find a safe haven, from where they could continue with their predatory behaviour in India, while enjoying the privileges of an honoured citizen abroad
The government on Monday issued a clarification regarding taxability of services provided by an office of an organisation in one state to the office of that organisation in another state.
The request from Odisha CM comes a fortnight ahead of the GST Council meeting, to be held on July 11 in the national capital.
