Tag: Tax

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State Legislatures have power to tax lotteries organised by other states: SC

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 3 467.62 cr

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 economy

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...

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Mild Tremors of 2.6 Magnitude Rattle Vijayapura, No Damage Reported: KSNDMC

Vijayapura/Bengaluru: Two low-intensity earthquakes, each measuring 2.6 on the...

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