No GST on tax collected at source levied on goods: Finance ministry.
New Delhi: The finance ministry on Friday provided relief to traders by withdrawing a rule that required them to charge goods and...


Court refuses bail to those accused of circular trading to evade GST.
A local court in Maharashtra has refused bail to persons accused of evading goods and services tax (GST) by circular trading and claiming...


Angel tax: CBDT follows up on DPIIT relief, some concerns stay
The Central Board of Direct Taxes (CBDT) On Wednesday gave effect to the conditional relief from angel tax to start-ups as notified by...


Demonetisation effect: Income tax department to crack down on 87,000 people
In a sign that the government will show little tolerance to those who deposited huge sums of presumably untaxed cash in banks during the...


Promoters arrested as tax officials raid companies suspected of circular trade.
MUMBAI: Suspecting companies of evading goods and services tax (GST), tax officials have started going after companies that are into...


Donald Trump plans to end India's preferential trade status
US President Donald Trump delivered notice Monday he plans to end key trade preferences for India and Turkey. Trump notified Congress in...


Income tax returns witness 30% growth in Apr-Feb, over 3 lakh visit website to check notices from I-
The income tax e-returns filed for the April-February period has grown nearly 30% compared with the corresponding period in FY18. While...


Consignments of sports goods from Pakistan unclaimed at the border post after high import duty.
NEW DELHI: When Sachin Tendulkar suggested that India should play Pakistan in the cricket World Cup despite the hostilities along the...


Panel on direct tax law gets 3 more months.
The Central Board of Direct Taxes (CBDT) said on Friday that the task force constituted for drafting new direct tax law has been given a...


Trade wars: President Trump asks China to immediately remove agricultural tariffs.
President Donald Trump said he has asked China to immediately remove all tariffs on U.S. agriculture, including beef and pork, citing...

