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Govt Contractor seeks Direction to Govt to Pay GST on his Behalf: Allahabad HC Dismisses Plea [Read Order]

Navasree A.M

The Allahabad High Court recently dismissed a writ petition filed by a government contractor, seeking a direction to the State Government to pay...

Do Winners of National Film Awards Pay Income Tax on Cash Prizes? Know the Facts

Finance Ministry Issues Vacancy Circular for Deputation Posts in GSTAT [Read Circular]

GST on EV charging but No GST on Electricity? The Double Standards against EV Drivers and Companies!

Supreme Court - Tax Decision - Mining Tax Decision - Mining tax April 2005 ruling - Supreme Court mining tax ruling - taxscan

Mining Tax Decision to Apply Retrospectively from April 1, 2005: Supreme Court [Read Judgement]

Revenue Expenditure Growth Remains Restrained: Economic Survey 2023 -24

Union Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24 on July 22. Following the presentation, Chief Economic Adviser Dr. V. Anantha Nageswaran held a press conference to...

Economic Survey 2023-24 - Revenue Expenditure Growth - Union Finance Minister Nirmala Sitharaman - Chief Economic Adviser Dr. V. Anantha Nageswaran - taxscan

Budget 2024: FM says Government to provide ₹75,00 crores at 50-Year Interest Free Loan to States

The finance minister, Nirmala Sitharaman said that the Central Government to provide ₹75,00 crores at 50-year interest free loan to states in the Interim Budget 2024. Many growth and...

Nirmala Sitharaman - Budget - Interest Free Loan - Budget Scan - TAXSCAN

Central Govt releases Rs. 73000 Cr Tax Dividend to States as Additional Installment

In view of the forthcoming festivities and the New Year, the Union Government has authorized the release of an additional installment of tax devolution amounting to ₹72,961.21 crore to strengthen the...

Central Govt releases- Tax Dividend -States -Additional Installment-TAXSCAN

Subsidy given by State Governments on Account of Development of Multiplexes in State is a Capital Receipt: ITAT grants relief to PVR [Read Order]

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) granted relief to PVR and held that the subsidy given by the state government on account of the development of multiplexes in the state is...

Kerala Budget 2023: Social Security Cess on sale of Petrol and Diesel increase By Rs. 2 per Litre

The Kerala Finance Minister K N Balagopalin his Kerala Budget 2023 proposed to increase the Social Security Cess on the sale of Petrol and Diesel at the rate of Rs. 2 per litre. This is expected to...

Kerala - Budget - 2023 - Social - Security - Cess - Petrol - and - Diesel - TAXSCAN

Setback to Hero Motocorp Ltd: Supreme Court rejects plea of 100% Budgetary Support, Directs State Governments and the GST Council to consider Representations [Read Judgment]

The Supreme Court, on Monday, rejected the plea of Hero Motorcorp Ltd wherein the Company pleaded to allow 100% Budgetary Support after the enactment of GST. While dismissing the plea, Justice...

ICAI allows carry Forward Examination Fees of Candidates to immediate next ISA-AT Examination due to COVID Restrictions

The Institute of Chartered Accountants of India (ICAI) has decided to carry forward the examination fees of candidates to the immediate next ISA-AT examination due to COVID restrictions. ...