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Tax News

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Union Budget 2024: What will be cheaper and what will be costlier?

Sitharaman also mentioned the government's commitment to simplifying and rationalizing the GST tax structure to make it more efficient. For those choosing the new tax regime, Sitharaman announced an increase in the standard deduction for salaried employees from Rs 50,000 to Rs 75...
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Tax-hike protests claim 39 lives in Kenya, leaves over 360 injured, says rights watchdog

The protests in Kenya over tax-hike have seen clashes between demonstrators and security forces, resulting in significant casualties. Meanwhile, according to the media reports, the activists have geared up for a new round of protests this week in Kenya....
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Know before you go: Understanding duty-free limits for international travelers

Before embarking on an international trip, it's crucial to familiarize yourself with customs regulations to avoid legal complications upon return....
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Banks, LIC, tax department open on March 30, March 31; Know reason?

Banks, LIC, tax departments have declared March 31 as a working day to facilitate timely financial transactions and tax obligations. ...
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Maximum Tax Savings with HUF! Zerodha CEO Nithin Kamath highlights benefits of Hindu Undivided Family

Maximum Tax Savings with HUF: In a recent social media post, Kamath underscored the advantages of HUF for tax planning purposes. He emphasized that married Hindus can leverage HUF to unlock significant tax benefits....
Karnataka

Karnataka temple tax bill awaits action after fails to pass in Legislative Council

The temple tax was opposed by the opposition leaders in Karnataka Legislative Assembly that gives the government the authority to tax temples that ear...
Hindu Temple

Karnataka clears 10% tax on temples, BJP calls it ‘Anti-Hindu’ activity

BJP has slammed Karnataka government after they have pass the bill to levy 10 per cent tax on temple. ...

Delhi govt to demand withdrawal of 28 pc tax on online gaming industry at GST meet: Atishi

Ahead of the 52nd Goods and Services Tax (GST) Council meeting on Saturday, Delhi Finance Minister Atishi criticised the Centre over the imposition...

FirstCry founder receives tax evasion notice, total sum add upto 50 million dollars

The founder of children’s clothing brand FirstCry, Supam Maheshwar has received a notice from India’s Ministry of Finance questioning why h...

28% GST on online gaming to remain, but…

Even though three states- Delhi, Goa, and Sikkim voiced against the move, the GST Council agreed on Wednesday that 28% GST will be imposed at face ...

Anupam Mittal’s reaction after 28% GST on online gaming

The Goods & Service Tax Council recently announced the decision to levy a tax of 28% on online gaming, horse racing, and casinos. However, the ...

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