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Business News: Revenue secretary Tarun Bajaj reveals the reason why govt has not offered tax relief to individuals

Revenue secretary Tarun Bajaj reveals the reason why govt has not offered tax relief to individuals : Rashtra News #Revenue #secretary #Tarun #Bajaj #reveals #reason #govt #offered #tax #relief #individuals The government would see how it can bring about parity between the new exemption and old income tax regime for individuals to encourage more people

Deepshikha-sikarwar , Anuradha-shukla , Tarun-bajaj , Economic-affairs , Wholesale-price-index , Bajaj , Budget-2022 , Business , Corporate-tax , Digital-assets-tax , Govt , Individuals

'Divestment Not a Tool for Fiscal Consolidation' - The Economic Times

The government is confident of meeting the targets in the interim budget presented on Thursday, finance secretary TV Somanathan told Anuradha Shukla and Deepshikha Sikarawar in an interview.

Deepshikha-sikarawar , Anuradha-shukla ,

tv somanathan: Divestment not a tool for fiscal consolidation, says Finance Secretary TV Somanathan

The government is confident of meeting the targets in the interim budget presented on Thursday. Finance Secretary TV Somanathan stated that the government capital expenditure continues to be high and expressed confidence in achieving the 5.1% fiscal deficit target in 2024-2025, with estimated revenue growth of 11.5% against GDP growth of 10.5%. The nature of public expenditure is unpredictable, but barring unforeseen events, the aggregate public expenditure is projected to remain unchanged, he added.

India , Anuradha-shukla , Tuhin-kanta-pandey , Viksit-bharat , Deepshikha-sikarawar , Department-of-investment , Public-asset-management , Tv-somanathan , Fiscal-consolidation , Divestment , Public-spending , Government

Relief on old tax demand can't exceed Rs 1 lakh: Sanjay Malhotra, Revenue secretary

"The details are being worked out. The only condition is the relief to a single taxpayer will not exceed ₹1 lakh. If an individual demand amount is limited to ₹25,000, the taxpayer can have more than one demand. But the total amount that will be withdrawn per individual will not exceed a lakh."

Anuradha-shukla , Sanjay-malhotra , Deepshikha-sikarwar , Old-tax-demand , Tax-demand , Income-tax , Budget , Budget-2024 , Interim-budget ,

ET Explainer: What's in a number? A lot when it is numerical code HSN

In India, declaring a 4-digit HSN code is mandatory on goods and services tax (GST) invoices by businesses with turnover up to Rs 5 crore and a 6-digit code on invoices by businesses with a turnover of more than Rs 5 crore

Japan , South-korea , Canada , China , India , Kirtika-suneja , Anuradha-shukla , Services-accounting-code , World-customs-organization , Hsn-code , India-trade , Codes

TCS can be Imposed on Payment Service Providers for Online Gaming

The GST Council decided to levy 28% GST on online gaming where any kind of wagering is involved. The industry has criticised the decision saying it will hurt FDI and employment. Revenue secretary Sanjay Malhotra said there was a moral and social dimension to the decision.

Kolkata , West-bengal , India , Guwahati , Assam , Anuradha-shukla-vinay-pandey , Sanjay-malhotra , Anuradha-shukla ,

TCS can be imposed on payment service providers for online gaming: Revenue secretary Sanjay Malhotra

The Goods and Services Tax (GST) Council has decided to impose a 28% GST on online gaming when any form of wagering is involved. Industry insiders disagree with the move, stating it will harm foreign direct investment (FDI) and employment prospects. The government countered by saying it has a moral and social obligation to limit the impact of wagering, addictive behaviour and protect tax revenues.

Guwahati , Assam , India , Kolkata , West-bengal , Sanjay-malhotra , Anuradha-shukla-vinay-pandey , Anuradha-shukla , Fetch-govt , Might-also-like , Tcs

Seven judges administered oath in MP High Court

    staff reporter jabalpur,  the chief justice of the madhya pradesh high court (mphc), ravi malimath, on monday, administered the oath of office and secrecy to the seven newly-appointed judges in the high court. a number of

Jabalpur , Madhya-pradesh , India , Prem-narayan-singh , Avanindra-kumar-singh , Roopesh-chandra-varshney , Achal-kumar-paliwal , Ravi-malimath , Sanjeev-sudhakar-kalgaonkar , Anuradha-shukla , High-court , Department-of-law

Retired judge has been recommenced

Setting a precedence, the Supreme Court collegium headed by Chief Justice D Y Chandrachud has recommended a retired district judge for appointment as judge of the Madhya Pradesh High Court.

The collegium, which also includes Justices Sanjay Kishan Kaul and KM Joseph, recommended the name of

Madhya-pradesh , India , Prem-narayan-singh , Anuradha-shukla , Achal-kumar-paliwal , Sanjeev-sudhakar-kalgaonkar , Avnindra-kumar-singh , Justice-baharul-islam , Justice-fathima-beevi , Roopesh-chandra-varshney , Justicedy-chandrachud , Sanjay-kishan-kaul