Search result for 'tax liability'

Haryana Launches One Time Settlement Scheme for Traders

March 23, 2025 21:05

Haryana Chief Minister Nayab Singh Saini launched a One Time Settlement Scheme-2025 for traders in the state, offering relief to taxpayers with outstanding dues up to Rs 10 lakh.

India's Direct Tax Collection Rises 13% to Rs 21.26 Lakh Crore

March 17, 2025 17:28

India's net direct tax collection surged 13.13% to Rs 21.26 lakh crore in FY25, driven by higher advance tax payments, particularly from non-corporates. The government collected Rs 10.44 lakh crore...

LIC Receives Rs 479.88 Crore GST Demand Notice

February 27, 2025 19:29

LIC has received a demand notice of Rs 479.88 crore for short payment of GST for 2020-21, citing wrong ITC availment and short reversal. The company plans to appeal the order.

Deregulation Commission: PM Modi's Vision for Reduced State Role

February 15, 2025 23:10

PM Modi announces the formation of a deregulation commission to reduce state's role in governance, emphasizing ease of doing business and promoting private sector growth.

Income Tax Bill 2025: Section-wise Mapping Now Available

February 15, 2025 12:39

The Income Tax department has activated section-wise mapping of the Income Tax Act, 1961, with the new Income Tax Bill, 2025, on its website. Taxpayers can now easily compare provisions and...

New Income Tax Law Explained: Simpler, No Tax Hike

February 7, 2025 15:14

India's new Income Tax law aims to simplify tax laws, reduce litigation, and make it easier for taxpayers to understand their liabilities. Learn more about the key changes and what it means for you.

Budget 2025 Boosts Consumption: FMCG Makers on Tax Relief & Rural Spending

February 1, 2025 21:09

India's Union Budget 2025 focuses on tax relief for the middle class and increased rural development, leading FMCG makers say this will boost consumption and drive growth in the premium product...

Income Tax Rebate Hike: 1 Cr More To Pay No Tax

February 1, 2025 17:11

India's Budget 2025-26 raises tax rebate to Rs 12 lakh, benefiting 1 crore more people. Finance Minister Sitharaman says the move puts 'substantial amount of money' in hands of people.

Budget 2025: Income Tax Slabs Rejigged, Savings Up to Rs 1.10 Lakh

February 1, 2025 16:23

India's 2025-26 Budget brings changes to income tax slabs under the new regime, offering potential savings of up to Rs 1.10 lakh for individuals earning Rs 24 lakh or more. Learn more about...

NTPC Profit Dips Slightly in Q3: Rs 5,169 cr

January 25, 2025 19:36

NTPC's net profit dipped marginally to Rs 5,169.69 crore in Q3 due to higher tax expenses and adjustments. Total income rose to Rs 45,597.95 crore.

Haryana Expands Divyang Pension: 10 New Categories Added

January 23, 2025 21:06

Haryana government expands Divyang pension scheme, adding 10 new disability categories, increasing beneficiaries to 32,000. The move aligns with the Rights of Persons with Disabilities Act, 2016.

Budget 2023: GTRI Suggests Raising I-T Exemption, Simplifying TDS

January 20, 2025 18:36

GTRI recommends increasing the income tax exemption threshold to Rs 5.7 lakh, simplifying the TDS system, and equalizing tax treatment for bank deposits and equities in the upcoming Budget.

India Budget 2025: US Body Urges Bold Reforms for Investment

January 16, 2025 10:53

A US business advocacy group recommends reforms to attract investment, strengthen key industries, and make India a global growth driver. The group urges simplifying TDS, extending tax concessions...

US Body Urges India to Attract Investments with Reforms

January 16, 2025 02:50

Ahead of India's budget, a US business group calls for bold reforms to attract investments, simplify tax structures, and boost key industries.

Indiabulls Real Estate-Embassy Group Merger Approved by NCLAT

January 12, 2025 12:47

The National Company Law Appellate Tribunal (NCLAT) has approved the merger of Indiabulls Real Estate and Embassy Group, overturning an earlier NCLT order. The merger was on hold for 18 months due...

Apparel Exporters Seek Tax Incentives in Budget

January 4, 2025 15:16

Apparel exporters urge the Indian government to provide tax incentives in the upcoming budget to boost garment shipments, including removing a provision requiring payments to MSMEs within 45 days...

Zydus Wellness Arm Faces Rs 56.33 Crore GST Demand

December 28, 2024 13:52

Zydus Wellness's subsidiary, ZWPL, received a Rs 56.33 crore GST demand from the tax authority related to intellectual property rights acquisition. The company is evaluating the next steps.

GST Council Supports Small Businesses: Key Decisions & Tax Updates

December 21, 2024 21:21

The GST Council has made key decisions to support small-scale businesses and prevent market monopolisation, including measures to ensure accurate IGST settlement and exemptions for traders under...

Journalist Mahesh Langa Arrested in GST Evasion Case

December 20, 2024 21:30

Mahesh Langa, already in jail for GST fraud, arrested by Rajkot police in a separate case of GST evasion. The crime branch is investigating the alleged role of the journalist in the case.

Nestle India: No Impact of Swiss MFN Status Withdrawal

December 19, 2024 13:46

Nestle India confirms that the suspension of MFN status by Switzerland will have no impact on the company. The FMCG major already deducts a 10% withholding tax on cross-country payments.

MFN Clause Suspension: India Needs Strategic Approach to Tax Treaties - GTRI

December 13, 2024 21:29

Switzerland's suspension of the MFN clause in its tax treaty with India highlights the need for India to adopt a more strategic approach to international taxation agreements. The move could impact...

Switzerland Suspends MFN Status for India: Impact on Investments

December 13, 2024 18:22

Switzerland suspends MFN status in India-Switzerland DTAA, impacting Swiss investments and leading to higher taxes for Indian companies in Switzerland. This decision follows a Supreme Court ruling...

Gujarat GST Dept Finds Rs 3.53 Cr Tax Evasion | 7 Firms Searched

November 22, 2024 21:03

The Gujarat State GST department conducted searches on seven commercial entities and detected tax evasion of Rs 3.53 crore. The firms were found to be concealing revenues, selling without invoices,...

Deloitte: Corporates Want Real-Time Tax Reporting

November 19, 2024 14:25

Deloitte India survey finds 74% of high-end corporate taxpayers want real-time reporting & compliance monitoring from the income tax department. The survey also highlights growing adoption of tax...

Real-Time Tax Reporting: Deloitte Survey Shows Corporates Want Change

November 19, 2024 14:24

Deloitte India's survey finds 74% of high-end corporate taxpayers want near real-time reporting and compliance monitoring, signaling a push for tax function digitalization. The survey also...

Modi Regime Sees 5-Fold Jump in High Earners' ITR Filings

November 13, 2024 19:03

India's Modi government sees a five-fold increase in ITR filers with income above Rs 50 lakh, while middle class tax burden has reduced. Learn more about the impact of tax policies on different...

GST Leviable on Thiruvananthapuram Airport Concession: Kerala AAR

November 10, 2024 14:42

The Kerala GST Authority for Advance Ruling (AAR) has ruled that the concessionaire agreement between AAI and Adani for Thiruvananthapuram airport is subject to GST, contrary to rulings in other...

Maruti Suzuki Faces Rs 139 Cr GST Demand

October 23, 2024 19:01

Maruti Suzuki India has been ordered to pay Rs 139.3 crore in GST by a Haryana appeals authority. The company has paid the tax and will appeal the order.

Softy Ice Cream Mix Attracts 18% GST: AAR Ruling

October 21, 2024 17:46

AAR rules that softy ice cream mix is not a dairy product and will attract 18% GST due to its high sugar content and processing. The ruling clarifies GST classification complexities for similar...

DGGI Suggests Blocking Websites to Curb GST Evasion in OIDAR Services

September 16, 2024 16:11

The DGGI suggests information sharing with foreign governments and blocking websites to prevent tax evasion in OIDAR services like e-gaming, online education, and advertisement.

Kalpataru Projects Receives Tax Notice from Afghanistan

August 27, 2024 14:20

Kalpataru Projects International Ltd has received a tax notice from the Afghanistan government for non-submission of certain declarations. The company anticipates that the additional tax and fine...

Maruti Suzuki to Hike Deferred Tax Liability by Rs 850 cr

August 17, 2024 20:37

Maruti Suzuki India will increase its deferred tax liability provision by Rs 850 crore due to the removal of indexation benefit on debt mutual funds. The one-time impact will be felt in the second...

LTCG Tax on Real Estate Amended: Option for Old System or Reduced Rates

August 7, 2024 17:45

Finance Minister Nirmala Sitharaman announced amendments to the LTCG tax on immovable properties, giving taxpayers the option to choose between the old system or reduced rates without indexation.

Eicher Motors GST Demand Reduced to Rs 27 cr - PTI

August 2, 2024 18:11

Eicher Motors saw its GST demand order in Tamil Nadu reduced to Rs 26.97 crore from Rs 129.79 crore after an appeal. The matter pertains to input tax credit on returned materials.

EU Carbon Tax Won't Help Indian Firms: GTRI

July 31, 2024 11:38

GTRI says EU's carbon tax will not benefit Indian companies as they will still face duty for exports. It suggests India implement its own tax or use a retaliatory mechanism.

Bogus Refund Claims Punishable: I-T Dept. Warns Taxpayers

July 28, 2024 15:14

India's Income Tax Department warns taxpayers against making false claims for refunds, under-reporting income, or exaggerating deductions, emphasizing it's a punishable offence. Find out how to...

Ashok Leyland Q1 Profit Up, Capex of Rs 800 Cr for FY25

July 25, 2024 19:31

Ashok Leyland reported a 6% YoY fall in Q1 net profit to Rs 509 cr, impacted by a deferred tax gain. The company has lined up a capex of Rs 750-800 crore for FY25, primarily for new product...

Share Buyback Taxed as Dividend: Impact on Investors

July 23, 2024 16:40

Finance Minister Nirmala Sitharaman announces that buyback of shares will be taxed as dividends for shareholders, effective October 1, 2024. This move could increase the tax burden on investors and...

Nazara Tech Subsidiaries Face Rs 1120 Crore GST Demand

July 17, 2024 18:00

Nazara Technologies's subsidiaries, Openplay and Halaplay, received GST demand notices totaling Rs 1120 crore for the period 2017-2023. The notices pertain to GST calculation based on bets placed...

GSTR-1A: Amend Outward Supply Form | Finance Ministry

July 11, 2024 12:22

The finance ministry has notified GSTR-1A, allowing taxpayers to amend outward supply details. This optional form helps ensure correct tax liability is reflected in GSTR-3B, reducing errors and...

Cost Inflation Index Notified for FY 2024-25

May 25, 2024 15:17

The Income Tax Department has notified the Cost Inflation Index (CII) for FY 2024-25, impacting long-term capital gains calculations for sale of assets like property, securities, and jewellery....

Money's Origins: Governments Invented It, Not Barter

May 13, 2024 14:31

Learn how governments, not barter, invented money. Discover the history of money, its connection to taxation, and the role of banks in creating money.

Yes Bank Faces Rs 6.42 Cr Service Tax Demand

May 2, 2024 21:25

Yes Bank received a service tax demand order for Rs 6.42 crore, with the bank stating it will appeal the decision. Learn more about the tax demand and its potential impact on Yes Bank.

Electoral Bonds: Arun Jaitley's Defense of Anonymity

February 15, 2024 19:09

Explore the journey of electoral bonds, a political funding tool that allowed anonymous donations. Learn how Arun Jaitley defended its legitimacy and transparency.

GST Officers Detect 29,000 Bogus Firms, Save Rs 4,646 Crore

January 7, 2024 19:18

GST officers have detected 29,273 bogus firms involved in fake ITC claims worth Rs 44,015 crore, saving Rs 4,646 crore in revenue. Maharashtra topped the list with 926 bogus firms detected.

GST Authority Drops Rs 7 Cr Service Tax Demand Against CCI

January 5, 2024 21:32

India's GST authorities have dropped a Rs 7.08 crore service tax demand against the Competition Commission of India (CCI) after ruling that the body doesn't provide taxable services.

Maruti Suzuki Faces Rs 173.9 Cr GST Demand in Gujarat

January 3, 2024 18:46

Maruti Suzuki India's subsidiary Suzuki Motor Gujarat Pvt Ltd faces a Rs 173.9 crore GST demand in Gujarat. The company plans to appeal the decision.

Eicher Motors Faces Rs 130 Cr Tax Demand: Details

January 1, 2024 19:39

Eicher Motors received Rs 130 crore tax demand notices from multiple authorities over GST issues. The company plans to challenge the demands, citing inconsistencies in the claims.

Haryana OTS Scheme: Pre-GST Tax Settlement - 2023

December 31, 2023 20:44

Haryana launches One Time Settlement (OTS) Scheme for pre-GST tax liabilities. Traders can settle outstanding taxes till June 30, 2017, with exemptions and installment options.

GST Deadline Extension: FY'19 & FY'20 Demand Notices

December 29, 2023 12:15

Indian government extends deadline for GST officers to issue demand notices for FY'19 and FY'20, pushing the dates to April 30, 2024 and August 31, 2024, respectively.

GST Deadline Extension for FY'19 & FY'20

December 28, 2023 21:43

The Indian government has extended the deadline for GST officers to issue demand notices for discrepancies in annual returns for FY'19 and FY'20. The new deadlines are April 30, 2024, and August...

Zomato Faces Rs 401.7 Crore GST Liability Notice

December 28, 2023 13:29

Zomato received a GST liability notice of Rs 401.7 crore for delivery charges. The company claims it''s not liable as it collects charges on behalf of delivery partners.

ICICI Pru Life Faces Rs 270 Cr GST Demand: Details

December 27, 2023 16:54

ICICI Prudential Life Insurance has received a Rs 270 crore GST demand notice from Maharashtra authorities for alleged short payment in 2017-18. The company plans to appeal the order.

ICICI Lombard Faces Rs 5.66 Crore GST Demand

December 27, 2023 14:38

ICICI Lombard received a GST demand notice of over Rs 5.66 crore for alleged short payment. The company plans to appeal the order.

7.4 Crore ITRs Filed in FY23, 5.16 Crore Show Zero Tax: FinMin

December 18, 2023 18:26

Over 7.40 crore individuals filed income tax returns in FY23, with 5.16 crore showing zero tax liability. Learn about the increase in ITR filings over the past five years.

GST Liability on Overcharged Electricity by Developers & RWAs

November 1, 2023 17:02

Real estate developers and RWAs are now liable to pay 18% GST on electricity charges exceeding the prescribed tariff. CBIC clarifies the applicability of GST on electricity supplied by developers...

Company Name
Price
Volume

Vodafone Idea L
7.18 (+ 1.13)
52653381

GTL Infrastructure
1.49 (+ 0.68)
33373393

GMR Airports
85.66 ( 0.00)
20868077

Pradhin
0.49 ( 0.00)
16829759

Standard Capital
0.49 (+ 2.08)
16405397

MORE NEWS

NHPC Starts 107 MW Solar Plant in Bikaner

PNB Launches 34 New Products on 131st Anniversary

Stocks	Mutual Funds		Investment tracking
A-Z Gainers - Daily \| Weekly \| Monthly Losers - Daily \| Weekly \| Monthly Group-wise listing IPO \| Top IPOs Recent IPOs \| IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News	Top 25 schemes High-risk, High-returns Medium-risk, Medium-returns Low-risk, Low-returns Gilt Funds Funds of Funds Special Funds Liquid Funds Dynamic Asset Allocation NFOs MF Selector	Equity - ELSS Equity - Index Funds Equity - Sector Funds Equity - Balance Fund Equity - Diversified Fund MF News Budget 2025	My Portfolio My Watch List If You Had Invested... Global Indicators Forex Converter Market Indices Sectoral Indices World Indices Market Astrology Advertise with us

Search result for 'tax liability'

Haryana Launches One Time Settlement Scheme for Traders

India's Direct Tax Collection Rises 13% to Rs 21.26 Lakh Crore

LIC Receives Rs 479.88 Crore GST Demand Notice

Deregulation Commission: PM Modi's Vision for Reduced State Role

Income Tax Bill 2025: Section-wise Mapping Now Available

New Income Tax Law Explained: Simpler, No Tax Hike

Budget 2025 Boosts Consumption: FMCG Makers on Tax Relief & Rural Spending

Income Tax Rebate Hike: 1 Cr More To Pay No Tax

Budget 2025: Income Tax Slabs Rejigged, Savings Up to Rs 1.10 Lakh

NTPC Profit Dips Slightly in Q3: Rs 5,169 cr

Haryana Expands Divyang Pension: 10 New Categories Added

Budget 2023: GTRI Suggests Raising I-T Exemption, Simplifying TDS

India Budget 2025: US Body Urges Bold Reforms for Investment

US Body Urges India to Attract Investments with Reforms

Indiabulls Real Estate-Embassy Group Merger Approved by NCLAT

Apparel Exporters Seek Tax Incentives in Budget

Zydus Wellness Arm Faces Rs 56.33 Crore GST Demand

GST Council Supports Small Businesses: Key Decisions &amp; Tax Updates

Journalist Mahesh Langa Arrested in GST Evasion Case

Nestle India: No Impact of Swiss MFN Status Withdrawal

MFN Clause Suspension: India Needs Strategic Approach to Tax Treaties - GTRI

Switzerland Suspends MFN Status for India: Impact on Investments

Gujarat GST Dept Finds Rs 3.53 Cr Tax Evasion | 7 Firms Searched

Deloitte: Corporates Want Real-Time Tax Reporting

Real-Time Tax Reporting: Deloitte Survey Shows Corporates Want Change

Modi Regime Sees 5-Fold Jump in High Earners' ITR Filings

GST Leviable on Thiruvananthapuram Airport Concession: Kerala AAR

Maruti Suzuki Faces Rs 139 Cr GST Demand

Softy Ice Cream Mix Attracts 18% GST: AAR Ruling

DGGI Suggests Blocking Websites to Curb GST Evasion in OIDAR Services

Kalpataru Projects Receives Tax Notice from Afghanistan

Maruti Suzuki to Hike Deferred Tax Liability by Rs 850 cr

LTCG Tax on Real Estate Amended: Option for Old System or Reduced Rates

Eicher Motors GST Demand Reduced to Rs 27 cr - PTI

EU Carbon Tax Won't Help Indian Firms: GTRI

Bogus Refund Claims Punishable: I-T Dept. Warns Taxpayers

Ashok Leyland Q1 Profit Up, Capex of Rs 800 Cr for FY25

Share Buyback Taxed as Dividend: Impact on Investors

Nazara Tech Subsidiaries Face Rs 1120 Crore GST Demand

GSTR-1A: Amend Outward Supply Form | Finance Ministry

Cost Inflation Index Notified for FY 2024-25

Money&#x27;s Origins: Governments Invented It, Not Barter

Yes Bank Faces Rs 6.42 Cr Service Tax Demand

Electoral Bonds: Arun Jaitley's Defense of Anonymity

GST Officers Detect 29,000 Bogus Firms, Save Rs 4,646 Crore

GST Authority Drops Rs 7 Cr Service Tax Demand Against CCI

Maruti Suzuki Faces Rs 173.9 Cr GST Demand in Gujarat

Eicher Motors Faces Rs 130 Cr Tax Demand: Details

Haryana OTS Scheme: Pre-GST Tax Settlement - 2023

GST Deadline Extension: FY'19 & FY'20 Demand Notices

GST Deadline Extension for FY'19 & FY'20

Zomato Faces Rs 401.7 Crore GST Liability Notice

ICICI Pru Life Faces Rs 270 Cr GST Demand: Details

ICICI Lombard Faces Rs 5.66 Crore GST Demand

7.4 Crore ITRs Filed in FY23, 5.16 Crore Show Zero Tax: FinMin

GST Liability on Overcharged Electricity by Developers & RWAs

TODAY'S MOST TRADED COMPANIES

MORE NEWS

Moneywiz Live!

ALL MONEYWIZ PAGES

GST Council Supports Small Businesses: Key Decisions & Tax Updates

Money's Origins: Governments Invented It, Not Barter