TAX BAR ASSOCIATION
Poor tax mop-up has states going slow on capex in H1: Report
It can be noted that five Opposition-ruled states led by Bengal and Kerala had on Wednesday threatened to sue the Centre for not transferring their GST share since August. Also, barring for April, GST mop-up has never touched the Rs 1 lakh monthly target this fiscal, averaging below Rs 95,000 crore.
SC stays SAT's order holding that Sebi lacks power to bar auditors
The SAT, in its order which set aside the ban on audit firm Price Waterhou...
Hardcastle wants higher GST & input tax credit
The move could have a huge implication for the country’s restaurant sector Restaurants across ...
Kamdhenu Limited posts 20% rise in profit in H1 of FY20
The company said in the face of headwinds in the domestic steel sector, it recouped its business strategy by reducing B2B trading sales and focus on improving efficiencies in own manufacturing and on franchisee-based business model which led to increased margins and better efficiency.
Delhi: FM Sitharaman holds meeting on simplifying GST filing process
Union Finance Minister Nirmala Sitharaman, on November 16 held a meeting with Rajasthan Tax Consultants' Association, ICAI, CAIT and Laghu U...
FM holds meeting on GST simplification; similar meetings across country on Dec 7
To highlight the problems faced by GST filers, the stakeholders attempted to file specific returns on a real-time basis in the meeting and tried to show where they are facing difficulties.
Consumer affairs ministry seeks removal of import bar to check pulses price hike
This year, the government has allowed 400,000 tonnes of tur dal import and the window closes on Friday. The import window for urad and moong closed on October 31. “Like onion, pulses may also see a steep price rise. Delay in allowing imports will not help,” said the consumer affairs ministry official.
Indian Olympic Association rejects new National Sports Code draft
The newly crafted draft proposed changes in the original 2011 code. It included the barring of ministers, members of parliament and legislative assemblies from holding office in National Sports Federation and IOA.
Commodity companies seek tax rebate to cut costs
A tax of 0.01% is levied on exchange-traded commodity derivatives apart from other taxes.
Budget 2020: FinMin seeks suggestions for rationalising income tax, other duties
While the ministry holds pre-budget consultations with representatives of different sectors and stakeholders, the Department of Revenue in the finance ministry perhaps for the first time put out circular seeking suggestions for changes in income tax rates for both individuals and corporates as well as in indirect taxes such as excise and customs duty.
Delhi police protest darkest day in history, arrest guilty policemen in a week, says BCI
The apex bar body alleged that the policemen remained "absent from duty, shouted slogans, used filthy language" and threatened to "smash and kill lawyers" openly. "Our demand is to arrest the guilty police officials within a period of one week, falling which we shall resort to peaceful dharna for the arrest of these people and for proper disciplinary action against them," BCI said.
Eureka Forbes to ‘purify’ foreign particles in books
The country's largest water purifier and vacuum cleaner maker has undertaken an exercise to clean its books and restructure operations.
How India's game-changing tax bypasses the farmer
Indian farmer's plight has changed little even under GST that aims to revolutionise all kinds of businesses.
Orissa High Court issues notice on contempt proceeding to state bar associations
HC Bar Association had gone on strike on Monday 14 October calling for an all Odisha strike from 16 October onwards.
How are Mutual Funds taxed?
Investors, who have a mutual fund portfolio, must have a good understanding of how their returns are taxed. The illustration above gives a quick summary of a...
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service