Tag: Direct tax

S&P 500, Nasdaq finish lower; investors uneasy about Middle East conflict

StocksJune 21, 2025

The S&P 500 and Nasdaq ended lower on Friday, with investors on edge over the Iran-Israel conflict heading into the weekend, as the U.S. considers whether to get involved. Trading was choppy for much of...

Have cryptocurrencies arrived as an asset class? It’s complicated

CryptoJune 21, 2025

There is a buzz around bitcoin. The world’s oldest and best-known cryptocurrency is trading close to record highs as enthusiastic investors bet on greater political and regulatory support from Donald Trump’s administration.The digital currency has...

No GST on UPI transactions over Rs 2,000, clarifies govt; terms rumors as baseless

EconomyApril 18, 2025

The Ministry of Finance has categorically denied recent rumors suggesting that it is planning to impose Goods and Services Tax (GST) on Unified...

Revamping I-T Act: Sitharaman to introduce revised bill half the length of current code for greater simplicity

EconomyFebruary 2, 2025

Finance minister Nirmala Sitharaman will introduce a new income tax bill in parliament next week that will be half as long as the...

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

EconomyJanuary 10, 2025

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

EconomyDecember 21, 2024

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

EconomyNovember 29, 2024

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),...