GST: Tax paid, credit denied
Business

GST: Tax paid, credit denied

[ad_1] The denial of input tax credit creates serious financial strain, especially for smaller businesses | Photo Credit: DHARMAPADA BEHERA Imagine a business that purchases

No tax on up to ₹12 lakh income but why slabs?
Business

No tax on up to ₹12 lakh income but why slabs?

[ad_1] On February 1, 2025, in her 74-minute Union Budget speech, Finance Minister Nirmala Sitharaman said there will be no tax on income up to

Max Estates gets show cause notice from GST department for claiming inadmissible input tax credit
Business

Max Estates gets show cause notice from GST department for claiming inadmissible input tax credit

[ad_1] Max Estates Ltd faces show cause notice from GST department for ₹2.25 crore ITC recovery. | Photo Credit: wichayada suwanachun Real estate company Max

Tax Query: Tax calculations under the new regime
Business

Tax Query: Tax calculations under the new regime

[ad_1] I am a little confused about the calculations of income tax in view of the tax proposals under the new regime. I am also

Dr. Reddy’s faces ₹2,395 crore tax reassessment notice
Business

Dr. Reddy’s faces ₹2,395 crore tax reassessment notice

[ad_1] Dr. Reddy’s Laboratories faces tax reassessment notice of Rs 2,395.82 crore following merger, vows to respond. | Photo Credit: Srikrishnan P C 9477@Chennai Pharma

Tata Steel gets ₹25,000 cr tax reassessment order for FY19, files writ in HC
Business

Tata Steel gets ₹25,000 cr tax reassessment order for FY19, files writ in HC

[ad_1] Tata Steel argues that the previous income tax return for FY 2018-19 was accepted without any concerns regarding the debt waiver, and believes it

Tamil Nadu shifts to metric tonne-based mining tax for greater accuracy
Business

Tamil Nadu shifts to metric tonne-based mining tax for greater accuracy

[ad_1] The Tamil Nadu government has officially notified the Tamil Nadu Mineral Bearing Land Tax Rules, 2025, under the Tamil Nadu Mineral Bearing Land Tax

Private equity firms urge UK to rethink carried interest tax change
Finances

Private equity firms urge UK to rethink carried interest tax change

[ad_1] Some of the world’s biggest private equity firms are urging the UK government to water down proposed changes to the way dealmakers are taxed

India must push EU hard on carbon border tax relaxation
Business

India must push EU hard on carbon border tax relaxation

[ad_1] Amidst the fears generated by US’ tariff threats and actions, the EU has proposed relaxing compliance requirements under its Carbon Border Adjustment Mechanism (CBAM)

India scraps ‘Google tax’ to mollify Donald Trump as tariffs loom
Finances

India scraps ‘Google tax’ to mollify Donald Trump as tariffs loom

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