Shrimi Choudhary

Implementation of 20% tax on foreign remittances put off until October 1

Regulator probes possible breach of laws related to insider trading

Indian industry must see R&D

Notices issued to check round-tripping

Uncertainty over OECD's global tax deal affects collection in FY23

Apex court also allows retrospective application of rule

The RBI has a mandate to keep retail inflation at 4 per cent within a band of 2 percentage points on either side

This means crude oil, aviation turbine fuel (ATF), and petrol will not attract windfall tax

March collection was the second-highest ever

Mop-up could help govt meet its fiscal deficit target

The data shows collections in the pandemic year FY21 declined, but bounced back in subsequent years, indicating resilience in the economy amid external headwinds

Enterprises can apply for revocation of cancelled GST registration by June 30 after paying due taxes, interest and penalty

The dividend from public sector enterprises gave some breather: It stood at Rs 58,988 crore, compared to the revised target of Rs 43,000 crore

Govt has made several provisions and brought regulatory clarity to make deal attractive for bidders. These include allowing a consortium of foreign entities to own over 51% in the Bank

Centre, states not in favour any major change in GST structure amid inflationary pressure

It is expected to be introduced in Parliament's monsoon session

The net tax growth rate in some of these regions was below expectations, said two people privy to the development

Net collection rises 15.3% to Rs 15.72 trn as of March 16

The panel will likely propose the classification at the next GST Council meeting, which is expected to be held at the end of May or in June

Probe agency registered 5,906 cases under the criminal from 2005 till Jan 2023, its data shows