The Centre is exploring the possibility of reducing crude oil cess by half to 10 per cent in an effort to encourage investment and production in the sector Senior oil ministry officials said they wer...

Prime Minister Narendra Modi on Thursday launched a transparent tax platform and said the system of faceless tax appeals would come into force from September 25.  Modi also rolled out a taxpayer...

Economic affairs secretary Tarun Bajaj on Thursday  said the  monetisation of debt —  where the RBI buys bonds to finance the government’s spending — was not on the ag...

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 ...

The Calcutta Municipal Corporation will start circulating “simplified and shorter” forms that it hopes will encourage more taxpayers to switch to the unit-area assessment method of property tax ca...

Many city residents are complaining that they are not receiving receipt for the holding tax deposited to personnel from Sparrow Softech Private Limited, the private firm that the Patna Municipal Corpo...

The revenue collection from the goods and services tax has fallen for the first time in four months in June 2019. The realized revenue was below Rs 1 trillion. This shortfall may compel the government...

A 12 per cent growth in tax collections next fiscal may look ambitious to some but for Revenue Secretary Ajay Bhushan Pandey it is achievable in an economy that is projected to clock a 10 per cent nom...

The Bhubaneswar Municipal Corporation, which runs the capital city of Odisha, has assigned 11 transgender persons to persuade tax defaulters to cough up their dues.The corporation and the collectors a...

Opposition parties on Wednesday alleged that the NDA government had failed to keep its 2014 commitment that 42 per cent of gross tax revenues would devolve to states.They also said that the states wer...