Surcharge

The number of gig workers has grown sharply in India to an estimated 15 million – emerging as a constituency pursued by political parties ahead of elections in five states in the next few months and general elections early next year.

FM Nirmala Sitharaman interview: Tax rates can come down only after tax net widens

FM Nirmala Sitharaman interview: There is scope to reduce tax further to make the structure low and tax-friendly, but this can done only after the tax base widens, the minister said in an exclusive interview to Network18

Cess, surcharge share doubles to 19.9% of central taxes in FY21: Report

Under the existing Finance Commission (FC) framework, the cesses and surcharges collected by the Centre are not part of the tax devolution.

Budget 2020: It’s about time to set in motion a cess-free regime

Both the taxpayer and the consumer would want the upcoming Budget to revisit the tax-policy rationale for continued levy of cesses and surcharges

FPIs hopeful that meeting with FM would yield positive results

Stakeholders brought to the notice of the minister the issue of surcharge on FPIs

Roll back the increase in capital gains tax on foreign portfolio investors

The government must move swiftly to contain the damage to investor sentiment

Higher taxes on the rich, but low returns for the Union government

The govt expects the additional revenue from the increased surcharge on individuals at just Rs 2,724 crore

Surcharge and RR hike in Mumbai will burden buyers and sellers

Recently the Brihanmumbai Municipal Corporation (BMC) in its budget, had proposed a surcharge of one percent on the sale and purchase of properties, to fund its infrastructure projects. In yet another move, the Maharashtra &#82

Homes in Mumbai may cost 1% more, as BMC proposes new surcharge

The Brihanmumbai Municipal Corporation (BMC) has proposed a surcharge of one per cent on the buying and selling of properties in Mumbai, to fund infrastructure projects. This would be enforced by the state government, &#82

Jaitley defends surcharge levy, says rich must pay more

Finance Minister Arun Jaitley today justified levy of 10 per cent surcharge on rich saying the resources in a largely non-tax compliant society will have to come from the more affluent.

30% tax, 10% penalty, 33% surcharge on income undisclosed: Govt

The government on Monday offered a new window for tax dodgers to come clean, allowing them to declare hidden wealth by paying a 30 percent tax, a 10 penalty and a 33 percent surcharge under a proposed new law.

Union Budget 2015: Super rich pay more & no respite for individuals in tax

Finance Minister has preferred to leave income tax exemption limit unchanged to Rs 2.5 lakh. Last year it was hiked by Rs 50,000.

Budget 2015: Wealth tax abolished; extra 2% surcharge on super rich

The surcharge would now be 12 percent for individuals earning Rs 1 crore and above and companies with income of Rs 10 crore and above. "The rich and wealthy must pay higher taxes," Jaitley said.

How proposed DDT change will impact your debt MF scheme

In an interview to CNBC-TV18, Anil Rego of Right Horizons explained the concept of dividend distribution tax (DDT) and the impact of the proposed change in DDT on debt mutual funds.

Budget 2013 Highlights: Rich taxpayers to pay 10% surcharge

Finance Minister P Chidambaram introduced a surcharge of 10 percent on rich taxpayers with an annual income of more than 10 million rupees a year in his budget speech on Thursday.

Cabinet approves $5.7 bn mobile airwave surcharge

The cabinet on Thursday approved a plan to levy a $5.7 billion total surcharge on airwaves held by long-established telecommunications operators, a government minister said.

Panel recommends extra surcharge for mobile operators

Long-established mobile phone operators that were not affected by the scandal-hit sale of airwaves that hurt their newer counterparts should pay a retrospective fee for part of their airwave holdings, a ministerial panel recommended.

Oil companies flayed for hike in petrol price hike

Bihar today accused oil companies for increasing the prices of petrol products without consulting the state government on irrecoverable taxes.

ERC's nod for recovery of fuel surcharge may dent AP pocket

Andhra Pradesh may soon have to mop up Rs 8,000 crore in fuel surcharge dues and the state government is scrambling to put together a contingency plan. Appaji Reddem and Animesh Das of CNBC-TV18 report that it has roped in GAIL to import gas to cut production costs.

Jet Airways moves up smartly

Jet Airways touched an intraday high of Rs 279.80 and an intraday low of Rs 273.50. At 09:24 hrs the share was quoting at Rs 276.80, up Rs 4.45, or 1.63%.