Follow Us on Google News Hyderabad, March 11 (IANS) Income Tax (I-T) officials continued searches at the premises of Sri Chaitanya group of educational institutions in Telangana and Andhra Pradesh for the second day on Tuesday. The I-T sleuths were conducting searches at Sri Chaitanya’s corporate office in Madhapur and other offices in Hyderabad and … Read more
Mumbai, March 7 (IANS) Maharashtra’s own tax revenue is expected to be Rs 3,43,040 crore in 2024-25 against Rs 3,26,398 crore in 2023-24, a rise of 5.09 per cent, according to the Economic Survey for 2024-25, and out of it, the State GST (SGST) contribution will be highest at Rs 1,55,756 crore against Rs 1,44,791 … Read more
Bhopal, March 6 (IANS) Aravind Panagariya, the Chairman of the 16th Finance Commission, on Thursday, highlighted the fervent appeals from Madhya Pradesh, which is seeking an increased allocation from the central divisible pool, aiming to raise its share from the current 41 per cent to a more substantial 48 per cent. Regarding vertical devolution of … Read more
Bengaluru, Feb 28 (IANS) The Union government’s attempt to further reduce Karnataka’s rightful share of tax revenue is not just anti-Karnataka but also a direct attack on the federal structure enshrined in the Constitution, stated Chief Minister Siddaramaiah. Siddaramaiah said: “Reports indicate that the NDA government is preparing to recommend reducing Karnataka’s tax share from … Read more
ANANTNAG, FEBRUARY 25: In a major enforcement action, the team from Enforcement South Kashmir of State Tax Department has realized a huge penalty of Rs 11,18,068 from a tax payer carrying rigid tubes, pipes, hoses, and fittings made of propylene polymers in violation of GST regulations. Acting on specific intelligence input, the enforcement team laid … Read more
Shimla, Feb 23 (IANS) The Himachal Pradesh government is introducing FASTag-based entry tax collection at all 55 toll barriers in the state in a phased manner to streamline entry tax payments and reduce waiting time for commuters entering the state, an official said on Sunday. In the first phase, the FASTag-based entry tax facility will … Read more
Ahmedabad, Feb 23 (IANS) The Adani Group’s total global tax and other contributions to the exchequer amounted to Rs 58,104.4 crore for the financial year 2023-24, showcasing a significant increase from the previous year’s Rs 46,610.2 crore through its portfolio of listed entities, the company said on Sunday. In line with its commitment to practising … Read more
Agartala, Feb 22 (IANS) Tripura Chief Minister Manik Saha on Saturday said that to increase revenue from various sectors and improve tax collection, modern technologies are being utilised and digital awareness among the taxpayers would be further expanded. Inaugurating ‘GST Jaagrookta Abhiyan’, the Chief Minister said that to increase revenue from diverse sectors and to … Read more
Hyderabad, Feb 21 (IANS) The Greater Hyderabad Municipal Corporation (GHMC) on Friday seized a star hotel in upscale Banjara Hills for failing to pay property tax. Star hotel in Hyderabad seized over non-payment of property tax GHMC officials said the management of Taj Banjara failed to clear the dues amounting to Rs 1.43 crore despite … Read more