From April to December 2023, the country witnessed a robust 12% year-over-year growth in gross GST collections. Post author By admin Post date January 1, 2024 December 2023 Marks a 10.3% Year-Over-Year Increase in GST Collections In a remarkable financial update, India’s Gross Goods and Services Tax (GST) collection for… 1 January 2024, • 2 mins read Tags economy, FY23, GST, GST collection, India's Gross Goods and Services Tax, Monthly Collections, Revenue Distribution, SGST, Tax, tax administration.
Post author By admin Post date December 28, 2023 Zomato Contests ₹402 Crore GST Show Cause Notice On Wednesday the Directorate General of GST Intelligence served a show cause notice… 28 December 2023, • < 1 mins read Tags food delivery, Goods and Services Tax, GST, notice, Tax, tax advisors, Tax Demand, tax liability, Zomato
Tax loss harvesting should primarily serve as a tax-saving mechanism rather than an investment strategy. Post author By admin Post date December 16, 2023 What is Tax Loss Harvesting? Tax loss harvesting is a strategic method employed by investors to mitigate tax liabilities… 16 December 2023, • 3 mins read Tags Income Tax, investments, Investors, ITR, Tax, Tax loss, Tax Loss Harvesting, Tax rules
Businesses may manipulate EPS to showcase short-term profitability, impacting long-term credibility. Post author By admin Post date December 11, 2023 Earnings Per Share (EPS): Meaning, Type and Importance What is Earnings Per Share? Earnings Per Share (EPS) is a pivotal metric reflecting… 11 December 2023, • 2 mins read Tags cash flow, earning, Earnings Per Share, EPS, financial, investment, Net Income, shares, stock exchange, Tax
Demat account holders should maintain records of STT payments, as this information may be needed for tax reporting purposes. Post author By admin Post date October 30, 2023 Tax Implications on Demat Account Income tax on intraday trading is a critical aspect of the financial landscape. It… 30 October 2023, • 10 mins read Tags Demat account, Securities Transaction Tax, STT, Tax, Tax Implications
Indirect taxes have several benefits for governments and can impact individuals and businesses in various ways. Post author By admin Post date October 28, 2023 Difference Between Direct and Indirect Tax In India, taxation is integral to financial responsibilities, impacting both individuals and corporate entities.… 28 October 2023, • 10 mins read Tags Direct tax, GST, Indirect tax, Tax, Taxpayers
With RGIC forming around 70% of Reliance Capital's total valuation, these notices are likely to stir some waves. Post author By admin Post date October 9, 2023 Reliance General Faces Massive GST Notices Totaling Rs 923 Crore Reliance General Insurance Company (RGIC), the leading subsidiary of Reliance Capital Ltd, has found… 9 October 2023, • 2 mins read Tags DGGI, Reliance Capital, Reliance General, RGIC, Tax
Delta Corp's current predicament reflects the complex and evolving landscape of taxation in the gaming industry in India. Post author By admin Post date September 23, 2023 Delta Corp Faces GST Demand Notices Totaling Nearly Rs 17,000 Crore In a recent turn of events, Delta Corp, a prominent casino operator in India,… 23 September 2023, • 2 mins read Tags casino, Delta Corp, GST, India, Tax
The vest manufacturer witnessed a significant downturn in financial performance, with EBITDA declining by 52% and a 59% drop in post-tax profit. Post author By admin Post date September 22, 2023 Lux Industries Faces 3% Share Drop Amidst Rs 200 Crores Tax Evasion Raid Lux Industries, a key player in the innerwear and hosiery industry, is facing turbulent… 22 September 2023, • 2 mins read Tags Income Tax, Lux Industries, share, Tax, Tax Raid
A remarkable growth of 15.73% compared to the same period the previous year. Post author By admin Post date August 12, 2023 India’s Direct Tax Collections Hit Rs 6.53 Lakh Crore till August 10 India’s fiscal landscape is shining brighter than before, with the Centre’s direct tax collections… 12 August 2023, • 2 mins read Tags economic, Finance, Income Tax, statistics, Tax, tax collection
The most glaring revelation from the recent tax return data is the rapid rise in high earners. Post author By admin Post date August 8, 2023 A Surge in High-Income Taxpayers: A Deep Dive into India’s Tax Data for 2022-23 The deadline for individual income tax return filings in India for the fiscal year… 8 August 2023, • 2 mins read Tags Earners, economic, ITR, policymakers, Tax, Taxpayers