India
India repudiates plans of reducing import duties on edible oils
Credible sources have confirmed that India, the world’s biggest vegetable oil importer has paused a proposition to lessen import duties…
Tag
Tax
India
Economy
GST collection in May lower than April, nevertheless above ₹1 lakh crore
The Ministry of Finance released a statement on Saturday showing the revenue collected by the goods and services tax (GST).…
India
Income Tax Department raids three contractors out of Rs.100 crore
Three contractors based in Assam have been caught by the Income Tax Department in a raid. As much as Rs.100…
Policy
Companies earning more than 50 lakh per month must make 1% tax payment in cash
The Indian Finance Ministry has announced their new rule which involves sales of companies earning over 50 lakh per month…
India
Second month of GST collection over Rs 1 lakh crore
The Indian Goods and Services Tax collection for November has again come to Rs.1 lakh crore, which is greater than…