Search Results for: Indirect Taxes

Employers want Modi government to reconsider contentious bonus payment clause

The retrospective implementation of bonus revision will create accounting implications, they said.

Jan 22, 2016

Reliance Industries reports 39% rise in Q3 net profit

The turnover was Rs.73,341 crore, down 23.9% from Rs.96,330 crore, YoY.

Jan 19, 2016

MakeMyTrip under scanner for service tax evasion of Rs 75 crore

The DGCEI registered a case against the company and also arrested a senior executive who was later released on bail.

Jan 18, 2016

Tata Steel to cut 1,050 jobs in Britain: Sky News

British steelmakers pay some of the highest energy costs and green taxes in the world.

Jan 18, 2016

Bihar levies luxury tax on samosa; will TN follow suit and impose tax on idli, dosa?

Imposing prohibition entails foregoing revenues, leaving hard choices for states to raise resources.

Jan 14, 2016

Reliance Industries bucks bearish trend to hit 18-month high

RIL gained by 6% in the past one week compared to a 3% decline in the benchmark indices.

Jan 11, 2016

Andhra Pradesh govt exempts Foxconn from VAT payment for 10 years

The state government has also directed its officials to scout for land near the facility to construct colonies for the workers

Jan 9, 2016

320,000 Time Warner Cable customers' email passwords stolen

Time Warner Cable admitted 320,000 customers' email passwords were stolen through an indirect source, but the company says it did not detect any breach on its own systems.

Jan 7, 2016

Budget 2016: Eliminate all surcharges on taxes, says Assocham to Arun Jaitley in pre-budget talks

The meeting was part of a routine exercise.

Jan 6, 2016

Income tax defaulters: Names of 18 persons owing Rs 1,100 crore revealed

The biggest defaulter from Mumbai has a liability of Rs 779 crore.

Dec 30, 2015

Railways want to import crude directly, set up refinery to benefit from soft prices globally: Report

Indian Railways is the largest consumer of diesel in India, at 2.8 billion litres annually.

Dec 30, 2015

Arun Jaitley on GST Bill: In touch with Congress, hope to pass it in next session of Parliament

The GST Bill is stuck in the Rajya Sabha, where the ruling NDA does not have a majority.

Dec 28, 2015

Income tax notices to tax payers will soon have e-mail ids, phone numbers of officials

The move is aimed at making communication authentic and dispel notions of phishing.

Dec 24, 2015

Foxconn likely to invest Rs 25,000 crore in its Gujarat plant: Report

The Gujarat government is also examining the incentives given by the Maharashtra government to Foxconn.