by AIP Online Bureau | May 4, 2024 | Eco/Invest/Demography, Indian News, Policy, Wealth Management/ Philanthropy
Nirmala Sitharaman, union finance minister Finance Minister Nirmala Sitharaman reacted to a post on X by a TV news channel claiming that in a sweeping change, the Income Tax Department is planning to impose uniform treatment for all asset classes New Delhi: Finance...
by AIP Online Bureau | Mar 10, 2024 | Eco/Invest/Demography, Indian News, Policy, Technology
“On the basis of analysis of the taxes paid so far during the current financial year, the Department has identified suchpersons/entities where payment of taxes for F.Y. 2023-24(A.Y. 2024-25) is not commensurate with the financial transactions made by the...
by AIP Online Bureau | Oct 11, 2023 | Indian News, Life, Policy, Regulation
The Jammu & Kashmir GST authority has calculated the pending dues of the LIC saying the corporation has paid taxes at 12% instead of 18 % on certain invoices Mumbai: Life Insurance behemoth Life Insurance Corporation(LIC) on Wednesday said it has received a demand...
by AIP Online Bureau | Sep 14, 2023 | Eco/Invest/Demography, Health, Indian News
Nitin Gadkari ,union minister, Ministry of road, transport and highway “I am not against diesel fuel and neither we are going to levy any tax on diesel vehicles,” Gadkari told CNBC-TV18. On September 12, speaking at the annual convention of automobile...
by AIP Online Bureau | Jun 28, 2023 | Eco/Invest/Demography, Indian News, Policy, Reinsurance, Technology
The Finance Ministry has also deferred by three months the implementation of a higher Tax Collected at Source (TCS) rate of 20 per cent on expenditures made under LRS and overseas tour packages till September 30 New Delhi: The government on Wednesday dropped plans to...
