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Congress Struggles for Funds Amid Alleged Tax Evasion Case in Karnataka

03-Apr-2024 Karnataka

The ongoing tax evasion case against the Congress party has created challenges for candidates in Karnataka as they strive to secure resources for their election campaigns. Despite the Income Tax (I-T) department's assurance to the Supreme Court not to take...

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Zomato Faces GST Notice of INR 23.26 Cr from Karnataka Tax Authorities

01-Apr-2024 Karnataka

In a recent regulatory filing, foodtech giant Zomato disclosed receiving a goods and services tax (GST) notice amounting to INR 23.26 Cr for the financial...

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No Property Tax Increase in Bengaluru for 2024-25

26-Mar-2024 Bengaluru

In a recent announcement, the state government of Karnataka has confirmed that there will be no revision of property tax rates in Bengaluru for the...

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Rajasthan Petrol Pumps Strike: 2-Day Protest for Tax Reduction

10-Mar-2024 Rajasthan

To bring the government's attention to the exorbitant cost of petrol in the state, the Rajasthan Petrol Dealers Association has declared a "No Purchase, No...

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Karnataka Motor Vehicle Taxation (Amendment) Act, 2024

08-Mar-2024 Karnataka

In a significant development, the Karnataka Motor Vehicle Taxation (Amendment) Act, 2024 has been approved by Governor Thaawarchand Gehlot on March 6 and subsequently gazetted...

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MCC Council Create a Scene Over Property Tax Hike

01-Mar-2024 Mangaluru

During the council meeting of the Mangaluru City Corporation (MCC) on Thursday, there was uproar and political bickering regarding the revised property tax regime. The...

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MCC Soon to Discuss Hike in Property Taxes

29-Feb-2024 Mangaluru

Mayor Sudheer Shetty Kannur stated that the upcoming council meeting on Thursday will address the issue of a property tax hike, aiming to alleviate the...

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AIS App to Provide Taxpayers with All Information on their Tax

13-Feb-2024 Finance

Taxpayers can now update themselves with information on their taxes better with a mobile app (Annual Information Statement) AIS that the Income Tax Department has...

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Shivakumar Announces Changes to Karnataka Property Tax Payment

06-Jan-2024 Karnataka

Karnataka Deputy Chief Minister D.K. Shivakumar said on Saturday that the Congress-led state government would amend laws to allow more time for payment of property...

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GST Council meeting today likely to take up steel scrap issue too

07-Oct-2023 Business

GST Council at its meeting on Saturday, is expected to take up the issue of GST on steel scrap among the items on its likely...

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US debt rises to $33 trillion as govt shutdown looms

20-Sep-2023 World

Fitch sent Congress a wake up call after the debt limit fight earlier this summer. The ratings agency downgraded US sovereign debt from AAA to...

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