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Tax rates News

23 Jul 2024

Budget 2024: Tax Rates On Both Short And Long Term Capital Gains Raised

Budget 2024: Long-term gains on all financial and non-financial assets will attract a tax rate of 12.5 per cent instead of 10.0 per cent.

Income Tax Calculator 2023-24

01 Feb 2023

Income Tax Calculator 2023: Here is how to Calculate Personal Income Tax

Union Budget 2023-24 will be presented on Feb 1. Taxpayers will also have an eye on the budget, scroll down for the direct link and detailed procedure to calculate Income Tax

Income Tax Calculator 2023-24

27 Jan 2023

Income Tax Calculator 2023: Steps to Calculate Your Personal Income Tax Here

Everyone is thinking about "how to submit income tax," thus we are providing you with a straightforward income tax calculator, scroll down for the direct link and steps to calculate Income Tax

27 Jan 2018

Arun Jaitley hints at further rationalisation of tax rates, says GST structure has stabilised

GST is an indirect tax which was introduced in India on July 1, 2017.

09 Nov 2017

GST Council meet: Tax on 80% items of top rate slab likely to be slashed

The GST Council, which comprises of representatives of all states, have already rationalised tax rates for over 100 items.

13 Jun 2017

How 15,080 profitable firms paid no tax in 2015-16

Larger corporates paid lower tax rates than smaller ones for 2015-16.

11 Jun 2017

GST Council lowers tax rates for 66 items, including movie tickets, kitchen items

Tax rates on certain kitchen items like pickles and mustard sauce, as well as movie tickets costing up to Rs 100 have been lowered as the Centre and states today reduced levies on 66 items.

02 Jun 2017

'Looking at options for timely refund of taxes to exporters'

Allaying concerns of exporters related to GST, the commerce ministry on Friday said it is looking at all options to ensure timely refund of taxes under the new indirect tax regime to be rolled out next month.

Asia gold demand

26 May 2017

India gold demand drops off as buyers await new tax regime

Gold demand in Asia tapered off this week as buyers took to the sidelines in India to await a new national tax policy and as China entered a seasonal slowdown.

24 May 2017

GST to add 0.40% to growth rate; won't stoke inflation: HSBC

The GST rollout will add 40 bps to GDP, lower than earlier estimates as multiple tax rates and exemptions announced under it are far from an 'ideal' structure and could blunt the growth impact of the reform process, says an HSBC report.

18 May 2017

GST rates will bring cheer to industry, say experts

Tax rates cleared by the all powerful GST Council will bring cheer to the industry as prices of consumer products are likely to drop with the implementation of the new indirect tax regime from July 1, experts said.

06 May 2017

Jaitley rules out any surprise in GST rates on roll-out

Finance Minister Arun Jaitley ruled out any surprises in the tax rates in the Goods and Services Tax (GST) that is proposed to be rolled out on July 1 and also asserted that there will be no cascading in goods and commodities, which can even see tax rates coming down a little.

04 Apr 2017

GST rate, monsoon key factors for auto sales growth: Toyota

Tax rates on automobiles in the upcoming GST and monsoon will be crucial factors which will influence the rate of growth of the industry in the new fiscal, according to Toyota Kirloskar Motor.

24 Feb 2017

Lower tax rates possible when all pays dues: Goyal

The government can lower tax rates if people pay their dues sincerely, Union Power Minister Piyush Goyal said on Friday.

14 Dec 2016

Aap Ka Bazaar: Finance Minister Arun Jaitley hints at low tax rates due to demonetisation

Finance Minister Arun Jaitley hints at low tax rates due to demonetisation.

public sector banks

07 Sep 2016

GST top priority, tax rates to come down: FM Arun Jaitley

According top priority to the implementation of GST, Finance Minister Arun Jaitley on Wednesday sounded confident on the tax rates coming down once the indirect taxation regime is put in place.

Rate of Goods and Services Tax GST

20 Aug 2016

Moderate taxes, high evasions cannot coexist: Finance Minister

Amid intense speculation over the rate of Goods and Services Tax (GST), Finance Minister Arun Jaitley today said moderate taxes and high evasions cannot coexist.

08 Aug 2016

GST good but tax rate should not exceed 18%: Rahul Gandhi

Congress Vice President Rahul Gandhi on Monday said that the passage of the Goods and Services Tax (GST) bill is a good step but there should be a cap of 18 per cent on its rate.

24 Feb 2016

Competitive tax rates needed to make India manufacturing hub: Arun Jaitley

India needs competitive tax rates to become an attractive manufacturing hub that will help create jobs and boost economic growth, Finance Minister Arun Jaitley said Wednesday.

India's economic growth

13 Sep 2015

Policymakers need to change regulatory mindset: FM Jaitley

Finance Minister Arun Jaitley on Saturday said policymakers need to change their regulatory mindset asserting that role of state should be minimised and government monopoly must end wherever possible.

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