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  • Net direct tax rises over 100 percent this fiscal year to Rs 1.85 lakh crore Jun 16, 2021 05:03 PM IST

    Net direct tax rises over 100 percent this fiscal year to Rs 1.85 lakh crore

    Direct Tax collections for FY22 as on June 15 show that net collections are at 1,85,871 crore versus Rs 92,762 crore year-on-year.

  • Analysis: How tax revenues increased in a pandemic year Apr 15, 2021 02:10 PM IST

    Analysis: How tax revenues increased in a pandemic year

    The government’s net indirect tax revenues jumped 12.3% in 2020-21 despite the economic contraction in the first half of the fiscal year.

  • Beware! Jointly-held property, MFs may be treated as individual investments by taxman Apr 05, 2021 10:27 AM IST

    Beware! Jointly-held property, MFs may be treated as individual investments by taxman

    Beware as pre-filled income tax returns would use annual tax statement data

  • Your money calendar for 2021-22: Keep your dates with investments, taxes and money box Apr 01, 2021 10:13 AM IST

    Your money calendar for 2021-22: Keep your dates with investments, taxes and money box

    Moneycontrol’s annual money calendar lets you keep your dates with investments, income-tax filing, paying your insurance premiums on time and reminds you to go on a holiday, once in a while

  • Mercedes Benz growth, investment limited by high taxes in India: MD Martin Schwenk Mar 17, 2021 10:45 AM IST

    Mercedes Benz growth, investment limited by high taxes in India: MD Martin Schwenk

    Under the GST regime, luxury cars are taxed under the 28 percent slab along with an additional cess of up to 25 percent.

  • Surge in COVID-19 cases poses downside risks to growth: Finance Ministry Mar 05, 2021 02:54 PM IST

    Surge in COVID-19 cases poses downside risks to growth: Finance Ministry

    The 'Monthly Economic Review' for February also stated that higher-than-expected subsidy outlay in 2020-21 has led to real GDP contraction projections to be larger than that of real GVA, an unusual occurrence in itself.

  • Govt may tweak 2% equalisation levy to provide relief to local traders Feb 15, 2021 02:28 PM IST

    Govt may tweak 2% equalisation levy to provide relief to local traders

    Experts believe the levy could lead to double taxation burden in cases where both the buyer and seller are resident Indians but carry out the transaction on a non-resident ecommerce portal such as Amazon.

  • Budget 2021 | What Is Non-Tax Revenue? Jan 04, 2021 01:04 PM IST

    Budget 2021 | What Is Non-Tax Revenue?

    Moneycontrol explains everything you need to know about non-tax revenue.

  • Tax only domestic income of foreigners, industry bodies suggest Finance Ministry: Report Oct 27, 2020 09:49 AM IST

    Tax only domestic income of foreigners, industry bodies suggest Finance Ministry: Report

    The aim is to make India an attractive destination for residency for expatriates managing foreign direct investment (FDI) in the country

  • The unintended consequence of SEBI rules is an increase in dabba trading Sep 10, 2020 12:11 PM IST

    The unintended consequence of SEBI rules is an increase in dabba trading

    While regulators around the world are welcoming retail investors, SEBI is doing the opposite on the pretext of protecting them

  • Indian investors should expand their horizons and explore other markets Jul 23, 2020 09:42 AM IST

    Indian investors should expand their horizons and explore other markets

    Investing in foreign markets is also an opportunity to diversify portfolios

  • Legal Matters | Decriminalise economic offences, but with uniformity Jun 30, 2020 09:44 AM IST

    Legal Matters | Decriminalise economic offences, but with uniformity

    The recent proposal to remove jail-term for certain economic offences contains inherent contradictions

  • The essence of modern money Jun 01, 2020 09:47 AM IST

    The essence of modern money

    The Government of India must run a deficit and accumulate debt so that private sector desire for secure and risk-free savings can be met

  • Saudi Arabia to raise VAT threefold amid 'painful' austerity measures May 11, 2020 09:38 AM IST

    Saudi Arabia to raise VAT threefold amid 'painful' austerity measures

    A measure aimed at shoring up state finances, battered by low oil prices and a severe coronavirus-driven slowdown.

  • COVID-19 | The restaurants will take time to turn on the lights May 03, 2020 10:16 AM IST

    COVID-19 | The restaurants will take time to turn on the lights

    Going forward, technology, hygiene and safety would be the top drivers of changes and well-known brands would have a better chance to emerge out of the crisis alive

  • COVID-19 impact | Government looking to raise Rs 10,000 crore via tax-free bonds: Report May 01, 2020 04:15 PM IST

    COVID-19 impact | Government looking to raise Rs 10,000 crore via tax-free bonds: Report

    The Ministry of Finance is looking to raise money in multiple instalments and is reportedly in talks with bankers.

  • A financial calendar for 2020-21: Keep your date with investments, taxes and holidays Apr 01, 2020 08:37 AM IST

    A financial calendar for 2020-21: Keep your date with investments, taxes and holidays

    Whether it is your monthly investments in various avenues, paying taxes or planning your holidays, a fiscal is dotted with important deadlines dates and action points

  • Politics | INSTEX is an ineffective grouping which will silently wrap up Dec 05, 2019 03:31 PM IST

    Politics | INSTEX is an ineffective grouping which will silently wrap up

    The INSTEX cannot solve Iran's own economic inefficiency, it cannot facilitate any meaningful commercial exchanges and it cannot resolve Iran's acute liquidity crisis.

  • Govt says no proposal to reduce taxes on petrol, diesel Dec 02, 2019 12:59 PM IST

    Govt says no proposal to reduce taxes on petrol, diesel

    Finance Minister Nirmala Sitharaman told the Lok Sabha that no where in the world do the prices of petrol and diesel remain steady for a particular period of time.

  • Centre may not apply new TDS rules to some sectors Sep 11, 2019 12:58 PM IST

    Centre may not apply new TDS rules to some sectors

    Officials said the government is considering providing relief to some sectors which mostly deal in cash

  • Centre may tweak Income Tax Act, won’t replace it with direct tax code Sep 10, 2019 08:43 AM IST

    Centre may tweak Income Tax Act, won’t replace it with direct tax code

  • IMF questions India's tax revenue esimates: Report Aug 23, 2019 01:27 PM IST

    IMF questions India's tax revenue esimates: Report

    Growth projections for India have been cut due to the pervasive economic slowdown across segments (consumer durables, auto, and biscuits) and officials are not confident of achieving the target.

  • FPI conversion may take longer for want of Parliament green light Aug 02, 2019 10:27 AM IST

    FPI conversion may take longer for want of Parliament green light

    FPIs were aiming for the conversion to gain relief from the surcharges announced in Budget 2019

  • SEBI may ease norms for FPIs in line with HR Khan panel recommendations Jul 29, 2019 12:17 PM IST

    SEBI may ease norms for FPIs in line with HR Khan panel recommendations

    Many FPIs exited the market after Finance Minister Nirmala Sitharaman announced surcharges for foreign investors in Budget 2019

  • Centre may introduce e-invoicing system under GST: Report May 28, 2019 11:11 AM IST

    Centre may introduce e-invoicing system under GST: Report

    E-invoicing will help companies earn tax credits and make compliance easier

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