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Tax
Business  /  Published 26.09.20

Debate on Goods and Services Tax fund fumble

The Comptroller and Auditor General’s comments that the Centre has wrongly retained Rs 47,272 crore of GST compensation cess meant for states could become a major topic of debate during the upco...
By Our Special Correspondent in New Delhi

Calcutta  /  Published 26.09.20

CMC plan for tax defaulters

The Calcutta Municipal Corporation will roll out a penalty and interest waiver scheme for property tax defaulters from October, Firhad Hakim, the chairperson of the CMC’s board of administrators...
By Subhajoy Roy in Calcutta

Business  /  Published 22.09.20

Ministry to suspend spending forecasts

Parliament on Tuesday passed amendments to the Banking Regulation Act to bring co-operative banks under the supervision of the RBI, a move aimed at protecting the interest of depositors. The bill repl...
By Our Special Correspondent in New Delhi

Business  /  Published 16.09.20

Tax break for start-ups likely

The committee felt that the current law governing the taxation of long-term capital gains is “highly complex” due to varying tax treatment of income from capital gains based on varied para...
By Our Bureau in New Delhi

India  /  Published 13.09.20

Lok Sabha: LAC, economy on talks

Opposition parties have sought a discussion in Lok Sabha on the issues of economic slowdown, unemployment and standoff between Indian and Chinese forces during a meeting of floor leaders of the House ...
By Our Bureau, Agencies in New Delhi

Opinion  /  Published 08.09.20

Divine excuse: Covid-19 as 'act of god'

The Centre has declared the Covid-19 pandemic as an “act of god”. Does this imply that the force majeure clause can be invoked to cover contractual obligations? The term, fo...
By The Editorial Board in

Business  /  Published 08.09.20

GST voting ignores majority

The number of states opposed to the Centre’s GST compensation policy far outnumber those in favour, but a tilted voting rule may see the Centre carry the day at the GST council meeting on Thursd...
By R. Suryamurthy in New Delhi

Jharkhand  /  Published 05.09.20

GST: Hemant writes to Modi

Jharkhand chief minister Hemant Soren has written to Prime Minister Narendra Modi on the Centre not giving full GST compensation to states, saying this “act of sovereign default” runs agai...
By Our Bureau, Agencies in Ranchi

Calcutta  /  Published 04.09.20

CMC likely to introduce property tax waiver scheme

The Calcutta Municipal Corporation (CMC) is likely to introduce next month a scheme to waive interest accrued on unpaid property tax if allowed by the state government, an official of the civic body s...
By Subhajoy Roy in Calcutta

India  /  Published 02.09.20

Kerala CM writes to PM on GST

Kerala chief minister Pinarayi Vijayan has written to Prime Minister Narendra Modi urging him to advise the finance ministry not to transfer the burden of GST on the states and instead follow the comp...
By Our Correspondent in Bangalore


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