Category : Search result: tax revenue India


Large Cash Deposits Triggering Tax Notices? Stay Safe!

Planning to deposit a big cash amount? The Income Tax Department is watching. Learn how high-value transactions trigger red flags and discover smart strategies to avoid unwanted tax notices and penalties.

GST Revenue Hits ₹1.96L Cr in Oct, Grows 4.6%

India's GST collections show robust growth in October 2024, reaching ₹1.96 lakh crore despite recent tax reductions, signaling strong economic momentum and improved compliance.

Apple's India Revenue Hits Record High: Tim Cook

Apple smashes all-time revenue records in India as iPhone demand skyrockets, with CEO Tim Cook celebrating unprecedented growth in one of world's fastest-growing smartphone markets.

HUL Gets ₹1,986 Crore Tax Notice for FY2020-21

FMCG giant Hindustan Unilever receives substantial tax demand from income tax authorities over royalty payments and other deductions. Learn about the breakdown and company's response.

Gurugram MCG cracks down on property tax defaulters

MCG initiates aggressive property tax recovery campaign in Gurugram, targeting thousands of defaulters with attachment proceedings and legal action. Commercial establishments face special scrutiny.

UAE Sets Sugar Tax: 50% on Sweet Drinks, Zero for Artificial

The UAE government has finalized its excise tax structure for sweetened beverages, imposing 50% tax on sugary drinks while giving artificial sweeteners a free pass. Learn how this health-focused tax policy will impact consumers and the beverage industry.

ITR Deadline Extended to Dec 10 for Companies

CBDT grants crucial extension for companies and entities requiring tax audit reports. New deadline December 10 provides relief for businesses navigating complex filing requirements.

Tax Audit Deadline Extended to December 10

CBDT extends tax audit filing deadline to December 10, 2024. Get crucial details about Form 3CE/3CB, who qualifies, and how this extension benefits businesses and tax professionals across India.

Uttarakhand Plans Green Tax on Outside Vehicles

Uttarakhand government announces new green cess on non-state vehicles entering the state. Learn how this environmental tax will impact tourists and contribute to preserving the Himalayan ecosystem.

Mohali Property Tax Shock: New Map Triggers Panic

Mohali Municipal Corporation's revised zoning map threatens to significantly increase property tax rates, causing widespread anxiety among residents and commercial establishments ahead of the new fiscal year.

India's Share Buyback Tax Rules: Investor Impact

Understanding India's new share buyback tax rules is crucial for investors. Learn how these regulations affect your post-tax returns and investment decisions when companies announce buyback offers.

India's ₹1.5L Cr GST Shortfall: Who Pays?

Massive GST revenue gaps force honest taxpayers to bear burden of widespread evasion. Analysis reveals systemic flaws in India's tax infrastructure and compliance challenges.

ITR Portal Upgrade: Track Tax Officer Access Live

India's income tax portal introduces groundbreaking transparency feature allowing taxpayers to monitor when officials access their submissions, eliminating uncertainty and bringing unprecedented clarity to tax assessment process.

GST Cut on Affordable Clothing: 200 bps Revenue Boost for Retail

In a major relief for consumers and retailers, GST rates on apparel below ₹2,500 have been significantly reduced. This strategic tax cut is projected to boost sectoral revenue by 200 basis points, revitalizing India's fashion retail industry and making fa

GST 2.0: India's Next Tax Revolution Unveiled

Discover how India's upcoming GST reforms promise to streamline logistics, boost revenue, and create a more business-friendly tax environment ahead of the festive season.

Zomato parent gets ₹64 crore UP tax notice

Uttar Pradesh tax authorities slap Zomato's parent company with a massive ₹64.17 crore notice over alleged GST discrepancies. Get the complete breakdown of the tax demand and company's response.

NYC Elite Panic Over Mamdani's Wealth Tax Plans

New York's wealthiest residents are fearing the financial impact of Democratic Socialist Zohran Mamdani's proposed 'mansion tax' and wealth redistribution policies targeting the ultra-rich.

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