List of tax exemptions to be phased out in few days: Arun Jaitley

Last Updated: Wednesday, September 9, 2015, 11:49

The minister also said measures to protect domestic steel sector from dumping by overseas manufacturers are being examined.

Service Tax: Penalty norms encouraging voluntary compliance

Last Updated: Wednesday, June 3, 2015, 18:29

In case of voluntary payments along with interest, reduced penalty have been provided depending upon the stage of litigation i.e. Prior to issuance of show cause notice, after issuance of show cause notice but before adjudication or after adjudication.

New service tax rate of 14% to come into effect from June 1

Last Updated: Tuesday, May 19, 2015, 22:32

The new service tax rate of 14 percent will come into effect from June 1, government said Tuesday, in a move that will make eating out in restaurants, insurance and phone bills expensive, among many other things.

GM first-quarter profit misses estimates on South America, Russia weakness

Last Updated: Friday, April 24, 2015, 02:43

General Motors posted a smaller-than-expected quarterly profit on Thursday on weakness in South America and Russia and a higher tax rate, sending shares down 3.5 percent.

Obamas pay effective federal tax rate of nearly 20%

Last Updated: Saturday, April 11, 2015, 22:24

President Barack Obama and his wife, Michelle, paid more than USD 93,000 in federal taxes last year on an adjusted gross income of more than USD 477,000.

India's corporate tax rates among highest globally: Report

Last Updated: Tuesday, November 26, 2013, 15:20

Tax rates for companies in India are among the highest in the world and the number of payments is also more than the global average, putting the country at a low 158th rank on the 'Paying Taxes 2014' list.

Haryana government rationalises Property Tax

Last Updated: Saturday, October 5, 2013, 14:53

The Haryana government on Friday rationalised Property Tax rates in areas under municipal corporations.

Govt to release Rs 9,000 cr to states in CST compensation

Last Updated: Thursday, February 28, 2013, 17:19

It also expressed the hope that a consensus with states on the Goods and Services Tax, which has been in the works for long, will be reached within a few months.

Swiss move closer to higher taxes for rich foreigners

Last Updated: Friday, April 6, 2012, 00:34

Switzerland took a step towards higher taxes on 5,000 wealthy foreign residents, with the upper chamber of parliament approving a bill for a higher tax rate on Thursday.