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The Finance Ministry has dismissed reports suggesting that the government is considering imposing Goods and Services Tax (GST) on UPI transactions exceeding INR 2,000. In an official statement, the ministry clarified, “The claims that the government

JUST IN 📢 Government officers can access your email and social media ! The Income Tax Department already has the authority to conduct physical searches and seizures of assets.It is now extending into digital space. According to the Economic Ti

**Tax Revenue Hits Record Highs** 📈 The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰

The UK's Overseas Territories Lead the Charge in Global Tax Havens – British Influence Dominates the Corporate Tax Haven Landscape in 2024 🤯 (A tax haven is a country or jurisdiction that offers low or no taxes, minimal financial transparency, an

HOW GOVERNMENT OF INDIA EARNS ITS 100 RUPEES Based on Earnings from different departments ₹27 - Borrowings & other liabilities ₹19 - Income Tax ₹18 - GST & Other Taxes ₹17 - Corporate Tax ₹9 - Non-Tax Receipts ₹5 - Union Excise Duties ₹4 - Cus

😳 Guy named Kopparam revealed on twitter that a dosa vendor near his home earns Rs 20,000 daily, amounting to Rs 6 lakh a month. After deducting costs, the vendor takes home Rs 3-3.5 lakh monthly, all without paying tax🤣 but employee gives 7-10% Ta

Is India Taxing Too Much Fun? (POPCORN TAX) India’s tax system has gone global thanks to the popcorn taxation buzz. While we’ve made strides with reforms like GST and corporate tax cuts, quirky rules and compliance hurdles can sometimes leave foreig

Can somebody tag the challenge that is going on, on medial ?