Taxes
- All
- News
- Videos
- Web Stories
-
Samsung Fights $520 Million India Tax Demand, Points to Reliance Practice
Samsung has asked the Customs Excise and Service Tax Appellate Tribunal in Mumbai to quash a $520 million (roughly Rs. 4,381 crore) tax demand for allegedly misclassifying imports of networking gear. The South Korean giant has said that Mukesh Ambani-led Reliance also imported the same component in a similar manner for years.
-
Samsung Questions India's $520 Million Tax Order, Points Finger At Reliance
Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as India's Reliance imported the same component in a similar manner.
-
"What They Deserve": Trump To Strip Harvard Of Its Tax Exempt Status
"We are going to be taking away Harvards Tax Exempt Status. Its what they deserve!" Trump said in a post on his social media platform.
-
Apple To Source Majority Of US iPhones From India In June Quarter: Tim Cook
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, top official said.
-
GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
-
Maharashtra EV Policy 2025: Up To 15 Percent Subsidy On EVs, Zero Toll On Highways
Maharashtra cabinet approves EV Policy 2025 and offers subsidies, toll waivers, and infrastructure boost to cut pollution. Read along for details.
-
Trump's Top Federal Prosecutor Accuses Wikipedia Of "Information Manipulation"
US President Donald Trump's top federal prosecutor in Washington has accused Wikipedia of allowing "information manipulation" and disseminating propaganda, according to a letter seen by AFP on Monday.
-
National Mission For Clean Ganga Gets Income Tax Exemption Status
The Finance Ministry has granted tax exemption status to the National Mission for Clean Ganga, according to a notification of the CBDT, the decision-making body for the Income Tax department and direct taxes administration.
-
Income Tax Employee, An Extortion-Dacoity Accused, Held After Over Year
Delhi Police has arrested an Income Tax Department employee, alleged prime conspirator in a extortion-cum-dacoity case.
-
Maruti Suzuki Chairman Advocates Tax Cuts to Boost Small Car Market
Chairman of Maruti Suzuki, advocates for lower taxes on small cars to boost affordability and revive the segment, crucial for broader auto industry growth.
-
FIU-IND Reportedly Sets June 30 Deadline for Crypto Exchanges to Redo KYC Verification
The Financial Intelligence Unit of India (FIU-IND) has instructed all crypto exchanges to re-verify the KYC data of their users before June 30. The aim of this step is to maintain accurate details of crypto holders, while also identifying those flouting national crypto tax laws.
-
Adani Energy Solutions Registers Record Performance, Net Profit Up 103%
Adani Energy Solutions has ended January-March quarter and the entire financial year 2024-25 record high. The January-March quarter profit after tax rose 87 per cent to Rs 714 crore, as per a company statement.
-
Buying A Handbag, Watch Or Sunglasses Over Rs 10 Lakh Will Now Attract 1% TCS
Buying luxury goods worth above Rs 10 lakh will now come with a 1% TCS charge
-
Elon Musk Owned Tesla Raises Concern Over India's 100% Car Tariffs
The United States has asked for elimination of tariffs on cars, but New Delhi is unlikely to bring down taxes to zero immediately even as it considers further cuts.
-
No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
![Gadgets 360 With Technical Guruji: News of the Week [March 29, 2025]](https://c.ndtvimg.com/2025-03/9cu1890s_news-of-the-week_160x120_29_March_25.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [March 29, 2025]")
-
Samsung Fights $520 Million India Tax Demand, Points to Reliance Practice
Samsung has asked the Customs Excise and Service Tax Appellate Tribunal in Mumbai to quash a $520 million (roughly Rs. 4,381 crore) tax demand for allegedly misclassifying imports of networking gear. The South Korean giant has said that Mukesh Ambani-led Reliance also imported the same component in a similar manner for years.
-
Samsung Questions India's $520 Million Tax Order, Points Finger At Reliance
Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as India's Reliance imported the same component in a similar manner.
-
"What They Deserve": Trump To Strip Harvard Of Its Tax Exempt Status
"We are going to be taking away Harvards Tax Exempt Status. Its what they deserve!" Trump said in a post on his social media platform.
-
Apple To Source Majority Of US iPhones From India In June Quarter: Tim Cook
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, top official said.
-
GST Collection Rises 12.6% To All Time High Of Rs 2.37 Lakh Crore In April
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, government data showed on Thursday.
-
Maharashtra EV Policy 2025: Up To 15 Percent Subsidy On EVs, Zero Toll On Highways
Maharashtra cabinet approves EV Policy 2025 and offers subsidies, toll waivers, and infrastructure boost to cut pollution. Read along for details.
-
Trump's Top Federal Prosecutor Accuses Wikipedia Of "Information Manipulation"
US President Donald Trump's top federal prosecutor in Washington has accused Wikipedia of allowing "information manipulation" and disseminating propaganda, according to a letter seen by AFP on Monday.
-
National Mission For Clean Ganga Gets Income Tax Exemption Status
The Finance Ministry has granted tax exemption status to the National Mission for Clean Ganga, according to a notification of the CBDT, the decision-making body for the Income Tax department and direct taxes administration.
-
Income Tax Employee, An Extortion-Dacoity Accused, Held After Over Year
Delhi Police has arrested an Income Tax Department employee, alleged prime conspirator in a extortion-cum-dacoity case.
-
Maruti Suzuki Chairman Advocates Tax Cuts to Boost Small Car Market
Chairman of Maruti Suzuki, advocates for lower taxes on small cars to boost affordability and revive the segment, crucial for broader auto industry growth.
-
FIU-IND Reportedly Sets June 30 Deadline for Crypto Exchanges to Redo KYC Verification
The Financial Intelligence Unit of India (FIU-IND) has instructed all crypto exchanges to re-verify the KYC data of their users before June 30. The aim of this step is to maintain accurate details of crypto holders, while also identifying those flouting national crypto tax laws.
-
Adani Energy Solutions Registers Record Performance, Net Profit Up 103%
Adani Energy Solutions has ended January-March quarter and the entire financial year 2024-25 record high. The January-March quarter profit after tax rose 87 per cent to Rs 714 crore, as per a company statement.
-
Buying A Handbag, Watch Or Sunglasses Over Rs 10 Lakh Will Now Attract 1% TCS
Buying luxury goods worth above Rs 10 lakh will now come with a 1% TCS charge
-
Elon Musk Owned Tesla Raises Concern Over India's 100% Car Tariffs
The United States has asked for elimination of tariffs on cars, but New Delhi is unlikely to bring down taxes to zero immediately even as it considers further cuts.
-
No Plan To Levy GST On UPI Transactions Over Rs 2,000: Finance Ministry
The Finance Ministry on Friday made it clear that the government is not considering any proposal to levy Goods and Services Tax (GST) on UPI transactions over Rs 2,000.
