In a bid to enable states to boost development and capital spending, the Centre on Thursday said it has released tax devolution of Rs 1,78,173 crore to state governments, as against the normal monthly devolution of Rs 89,086.50 crore.
Ahead of the festive season, the Union Government has released Rs 1,78,173 crore to state governments as tax devolution on October 10.
The local truck owners association has urged the police administration to reconsider its decision to prohibit the entry of commercial vehicles on the national highway in Birbhum district for thirteen consecutive days, beginning today, due to the upcoming Durga Puja festivals.
With GST 2.0, the long-standing demands of the industries like tax simplification can also be resolved.
The debate surrounding the taxation of health and life insurance premiums in India has taken a significant turn with the recent consensus among members of the Goods and Services Tax (GST) Council to consider reducing the current 18 per cent levy.
Most of these roads don’t come under national highways and are being constructed with local resources. Moreover, the existing national highways are not at par with the standards of other national highways in terms of infrastructure.
According to India Ratings, Ford India has strong legal linkages with its ultimate parent, Ford Motor Company that has extended corporate guarantees to 85 per cent of the former's sanctioned working capital facilities at the end of FY21
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review tax rate of over four-dozen items,
The deadlines are being extended as glitches marred the functioning of new income tax portal 'www.incometax.gov.in', launched on June 7.
Residents pay $300 monthly for electricity and water in a small apartment, taxi fares average $60 (Rs 4,450) per hour, a bread loaf $6 (Rs 445).
