Finance Minister Nirmala Sitharaman stated that the GST Council plans to address rate rationalisation, with states cautious about revenue concerns....
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Finance Minister Nirmala Sitharaman introduced amendments to the Finance Bill to mitigate the impact of long-term capital gains tax on real estate. Taxpayers can now choose between a new 12.5% tax rate without indexation and the old 20% rate with indexation, opting for whichever is lower for assets acquired before July 23, 2024. The Lok Sabha approved the Bill.
Finance Minister Nirmala Sitharaman stated that the GST Council plans to address rate rationalisation, with states cautious about revenue concerns....
Nirmala Sitharaman says the spirit should be both of the Center and the states working to address tax evasion and improving compliance.
Nirmala Sitharaman says the spirit should be both of the Center and the states working to address tax evasion and improving compliance.
A few Americans at the very top have extraordinary wealth but pay incredibly low rates of income tax. Why? Their hugely profitable businesses...
Finance Minister Nirmala Sitharaman denied any rift between the Centre and states on tax matters, emphasizing their shared goal of good revenue...
According to industry sources, the GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is also likely to discuss the...
There's a meme going around this week regarding Vice President Kamala Harris' proposal to impose an "unrealized capital gains" tax on American...
There's a meme going around this week regarding Vice President Kamala Harris' proposal to impose an "unrealized capital gains" tax on American...
There is no compulsion for states to adopt it and there will be no change in tax treatment under the UPS, Nirmala Sitharaman said
Both life insurance and medical insurance premiums attract a GST rate of 18 per cent. Recently, many leaders from opposition-ruled states have...