GSP: India to ask US to delay removal of duty benefits.
India will likely ask the US to delay by two months the implementation of the latter’s recent decision to withdraw duty benefits on...
Companies with high input tax claims under lens.
NEW DELHI: Indian businesses that paid most of their goods and services tax (GST) liability using input tax credit or reported...
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...
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...
Company conversion to LLP a transfer, taxable: I-T Appellate Tribunal
MUMBAI: A new tax ruling threatens to challenge a strategy that allowed thousands of businesses and professionals to reorganise...
India plans to discuss duty cuts with China
NEW DELHI: India plans to have bilateral discussions with China on duty cuts in the Regional Comprehensive Economic Partnership (RCEP)...
Govt extends duty benefit for export of non-basmati rice
NEW DELHI: The government has extended duty benefits to non-basmati rice exporters under a scheme to boost the shipment of the agri...
Pay tax, get rewards from the government
NEW DELHI: A cup of tea with the state governor, priority check-in at the airport, passports on priority, dedicated toll lanes, airport...
Government rules out excise duty cut as petrol, diesel prices hit fresh high
NEW DELHI: A cut in taxes on petrol and diesel is ruled out for now as neither the central government nor some states have the appetite...
