UK abolishes 'tampon tax' on menstrual products

Jan 02, 2021

London [UK], January 3 : The UK has abolished the 5 per cent rate of value-added tax (VAT) on menstrual products, known as the...

Taxpayers aged between 18 to 35 years filed 2,09,06,829 ITRs till Jan 31: Centre

Feb 07, 2023

As per Income-tax Act, 1961, tax is calculated and collected based on total income returned in Income tax Returns (ITR).

Taj Mahal gets Rs 1 crore water bill

Dec 20, 2022

ASI's Superintending Archaeologist (Agra circle) Raj Patel told ANI, "A notice for water tax and one for property tax has been issued. The property...

ADB launches tax hub to enhance international tax cooperation

May 07, 2021

Manila [The Philippines], May 7 : The Asian Development Bank (ADB) has launched a hub to create an open and inclusive platform to promote...

The government will continue on the path to fiscal consolidation in FY25: SBI CAPS

Jul 10, 2024

The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods...

Budget 2023-24: Congress leader Karti Chidamabaram praises tax rebate, colleagues show difference in opinion

Feb 01, 2023

Finance Minister Nirmala Sitharaman declared five major announcements in the new tax regime including an increase in the income tax rebate limit from Rs...