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Senate passes Trump's sweeping tax and spending bill after dramatic 50-50 vote, VP Vance breaks tie

World | Jul 01, 2025, 11:43 PM IST

The bill now heads back to the House amid growing concerns over its impact on Medicaid, deficits, and health coverage.

ITR deadline: Taxpayers can file updated returns for FY22, FY23 before March 31 | Check all details

Business | Mar 07, 2025, 09:28 PM IST

An updated return can be filed at any time, but it must be submitted within two years from the conclusion of the relevant assessment year; the provision for this was introduced by the Finance Ministry in the Finance Act 2022.

Budget 2025: PM Modi wanted to do something on tax relief, says Nirmala Sitharaman

India | Feb 02, 2025, 04:36 PM IST

Finance Minister Nirmala Sitharaman said that the the tax proposal will allow people to have more money in their hands.

Cryptocurrency tax in India: Know how much you will have to pay on Crypto investments

Personal Finance | Dec 11, 2024, 01:50 PM IST

Planning to invest in cryptocurrencies in India? Understand the 30 per cent tax on gains, 1 per cent TDS, and the legality of cryptocurrencies under India’s taxation laws.

Zomato gets tax demand order of Rs 23.26 crore, online food delivery platform to appeal against it

Business | Mar 31, 2024, 05:29 PM IST

The online food delivery platform said it would appeal against the order before the appropriate authority. Zomato Ltd reported a net profit of Rs 138 crore in the third quarter ended December 31, 2023.

'Opaque corporate tax practices still barrier to many US companies, India needs to...': Garcetti

World | Jan 30, 2024, 11:57 PM IST

According to Garcetti, foreign investment redirected from China was not flowing to India at a fast enough pace and added that American companies wanted to invest heavily.

Are donations for Ram Mandir eligible for income tax deduction? Here's all you need to know

Business | Jan 21, 2024, 01:26 PM IST

The government officially designated Shri Ram Trust as a site of historic significance and a place of renowned public worship for the purpose of Section 80G(2)(b), effective from FY21.

Protests erupted over the Kenya government's new tax

Kenya: 3 killed in anti-government protests over high cost of living; 20 detained

World | Jul 09, 2023, 12:05 PM IST

The government implemented a new tax package which increased the value added tax on petroleum rose from 8% to 16%, and created a new 1.5% percent housing tax was created for salaried workers.

EDMC panel proposes change in property tax norms for community halls, gyms under GHS

India | Feb 18, 2021, 07:41 AM IST

The Standing Committee of the East Delhi Municipal Corporation on Wednesday proposed that the property tax assessment of community halls and gyms located inside group housing societies (GHS) be done on the norms set for residential units.

Tax, policy rate cuts will spur recovery in 2020: Report

Business | Dec 02, 2019, 01:04 PM IST

Lower lending rates following a series of policy rate cuts by the Reserve Bank of India and a sharp cut in the corporate tax rates will spur a recovery in India next year, a report said on Monday.

Parliament session: Tax, e-cigarette ordinances to be replaced

Business | Nov 17, 2019, 11:10 AM IST

The government will also present a half-yearly review of the trends in receipts and expenditure in relation to the budget at the end of the first half of the Financial year 2018-2019 under sub-section (1) of Section 7 of the Fiscal Responsibility and Budget Management Act, 2003, the list stated.

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