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Tax
Business  /  Published 04.07.20

E-commerce: tax shock for players

The income tax department has brought in changes to the challan for payment of equalisation levy — ITNS 285 — expanding its scope to include non-resident e-commerce companies supplying goo...
By Our Bureau in Calcutta/New Delhi

Business  /  Published 01.07.20

Brokers in Calcutta for Gift City carrot

An impending change in the mode of stamp duty collection on transaction of shares from July 1 may prod some of the city-based brokers to consider relocating part of their business to the Gift City in ...
By Sambit Saha in Calcutta

Business  /  Published 14.06.20

Beer seeks new tag for lower tax

Beer manufacturers have called for a delinking of the beverage from liquor which has greater alcohol content along with a centralised taxation policy. This comes in the wake of states pushing up tax r...
By Pinak Ghosh in Calcutta

Business  /  Published 13.06.20

Petrol price hiked by 59 paise per litre, diesel by 58 paise

Petrol price on Saturday was hiked by 59 paise per litre and diesel by 58 paise as oil companies for the seventh day in a row adjusted retail rates in line with costs since ending an 82-day hiatus in ...
By PTI in New Delhi

Business  /  Published 12.06.20

Lower interest on delayed GST filing

In a relief for MSMEs with a turnover of up to Rs 5 crore, the GST Council on Friday halved the interest rate on delayed filing of GST returns for three months beginning February to 9 per cent. There ...
By Our Special Correspondent in New Delhi

Business  /  Published 08.06.20

Mixed signal on tax

Finance minister Nirmala Sitharaman on Monday said the government would consider an extension in the deadline for availing the lower 15 per cent corporate tax rate on new investments.Sitharaman, howev...
By Our Special Correspondent in New Delhi

Business  /  Published 07.06.20

Truck GST relief call

Ashok Leyland, the flagship company of the Hinduja group and a leader in commercial vehicles, wants GST on trucks to be lowered to 18 per cent from 28 per cent.“Commercial vehicles are core to the e...
By Anasuya Basu in Calcutta

Business  /  Published 03.06.20

Fissures over Google tax

The Centre on Wednesday sought to downplay the probe initiated by the US on a tax imposed by India on online players — the so called Google tax — saying it was not a cause of aggression as Washin...
By Our Special Correspondent in New Delhi

Business  /  Published 31.05.20

Tab on high-value transaction

The government has notified income tax return forms for 2019-20 and made it mandatory for entities to file ITR if deposits in a current account exceed Rs 1 crore or electricity bill in the fiscal is o...
By TT Bureau in New Delhi

Business  /  Published 30.05.20

Ordinance on lower TDS rates

Union minister of state for finance Anurag Thakur on Saturday assured industry that the government is working on an ordinance to introduce lower rates of TDS and TCS amid concerns over delay in issuin...
By A Staff Reporter in Calcutta


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