Tag: Tax
New property tax collection under BBMP: DK Shivakumar
BENGALURU:
Karnataka Deputy Chief Minister DK Shivakumar expressed his unhappiness over the current property tax system under the jurisdiction of the Bruhat Bengaluru Mahanagara Palike...
FM proposes to do away with tax exemptions on high value...
Maturities of life insurance policies with an annual premium of Rs 5 lakh and above taken after April 2023 will now be taxed after...
No feedback sought from states on hiking GST rates: Fin Min
NEW DELHI:
The finance ministry on Monday clarified that no feedback has been sought from states on the GST rates for specific items or regarding...
I-T notice to former PM Deve Gowda’s wife Channamma, says son...
BENGALURU:
The Income Tax department has issued a notice to former Prime Minister H D Deve Gowda's wife Chennamma regarding her property, their son and...
State Legislatures have power to tax lotteries organised by other states:...
NEW DELHI:
State Legislatures have the power to tax lotteries organised by other states, the Supreme Court held on Wednesday.
A bench of Justices M R...
Sitharaman raps CBDT and CBIC for not addressing tax assessees grievances
BENGALURU:
Union Finance Minister Nirmala Sitharaman on Monday came down heavily on the tax boards for allegedly not responding to grievances of the tax assessees...
Karnataka asks Centre to extend GST compensation period
BENGALURU:
Chief Minister of Karnataka Basavaraj Bommai on Friday said the estimated revenue deficit of Rs 14,699 crore in 2022-23 can be minimised if the...
Bommai thanks PM for advance installment of tax devolution of Rs...
BENGALURU:
Expressing his gratitude to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for releasing an advance instalment of tax devolution of Rs...
Karnataka to decide tax cut on petrol after reviewing the state’s...
BENGALURU/HUBBALLI:
Karnataka Chief Minister Basavaraj Bommai on Sunday said that the government will decide on reducing the petrol price by effecting a tax cut, after...
BBMP dozing on tax evasion? 12 advertising agencies in Bengaluru owe...
Yelahanka MLA SR Vishwanath's complaint points to the extent of tax evasion by agencies that had bagged advertisement rights for 20 years for the...
