Tag: Direct tax

Summary Lockheed Martin provides advanced technology systems, products, and services to the U.S. government and international defense customers. The company is organized into four businesses: Aeronautics, Missiles and Fire Control, Rotary and Mission...
With the US economy shrinking unexpectedly during the first quarter of 2025, anticipations that the Fed will gradually introduce rate cuts are high.Federal reserve policymakers, however, are unlikely to read too much into...

Govt releases tax devolution of Rs 1.73 lk cr to states to accelerate capital spending

The Union Government on Friday released tax devolution of Rs 1,73,030 crore to state governments, as against the devolution of Rs 89,086 crore...

Caramelised popcorn’s sweetness in jeopardy? Sitharaman’s GST clarification adds a tangy twist

The GST Council, led by Finance Minister Nirmala Sitharaman, has clarified the tax treatment of popcorn. It has been decided that pre-packed and...

India’s vision is to become world’s most efficient and trusted trade hub: Revenue secy

New Delhi: India's vision is to become the world's most efficient and trusted trade hub by expanding participation of authorised economic operators (AEOs),...

India collects $22.25 bln in goods and services tax in October

India collected 1.87 trillion rupees ($22.25 billion) in goods and services tax in October, 9% higher than the same period last year, the...

Govt should prioritise review of Income Tax Act, get it passed as money bill: SBI Research

New Delhi: SBI Research in a report has advocated for quicker review of the Income Tax Act as announced in Budget 2024-25. The...

Vivad se Vishwas 2.0: CBDT notifies date for direct tax dispute resolution

The Central Board of Direct Taxes (CBDT) Saturday notified the rules and forms for the taxpayers to avail Vivad se Vishwas 2.0 scheme...

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