Pandemic triggers Covid cess hope for fund starved govt
SME Times News Bureau | 22 Jan, 2021
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Be ready to pay additional taxes this year as the fund starved government explores the levy of a new coronavirus cess or surcharge to mobilise resources required to finance the worlds largest anti-Covid vaccination drive launched in the country on January 16.. |
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Dec inflation up 5 pc, Nov factory output jumps 8 pc
SME Times News Bureau | 15 Jan, 2018
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Continuing rise in food and fuel prices pushed India's annual retail inflation rate over the five per cent mark in December, and factory output jumped in November to grow by over 8 per cent, official data showed on Friday, putting paid to hopes of an RBI rate cut, even as industry observers attributed the high inflation numbers to the "base effect" of the demonetisation of November 2016.. |
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Direct tax collections up 18 pc in April-December
SME Times News Bureau | 10 Jan, 2018
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Country's direct tax collection between April and December in the current fiscal at Rs 6.56 lakh crore was 18.2 per cent higher than for the corresponding period last year, according to an official announcement on Tuesday.
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This New Year special for millenium youth: Modi
SME Times News Bureau | 01 Jan, 2018
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The upcoming new year will be a "special one" because this will see an entry into adulthood and voting age of all those who were born in the year that began the21st century, Prime Minister Narendra Modi said on Sunday.. |
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Lok Sabha passes amendment bill on GST cess
SME Times News Bureau | 28 Dec, 2017
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The Lok Sabha on Wednesday passed an amendment bill that seeks to replace an ordinance in which tax rates on motor vehicles was hiked to a maximum of 25 per cent under the Goods and Services Tax (GST) regime.. |
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Govt introduces bills amid uproar in LS
SME Times News Bureau | 18 Dec, 2017
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A bill that will put an end to the need for getting permission to transport bamboo was introduced in the Lok Sabha on Monday amid protests from Biju Janata Dal (BJD) MP Bhartruhari Mahtab.. |
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