India
Indian state Odisha’s own tax revenue expands 13.5%
NEW DEHLI: Indian state Odisha’s own tax revenue expanded 13.5 percent in the April-December period of this fiscal, sustained by...
Indian Customs foils a bid to smuggle 6kg gold at Mumbai Int’l Airport
NEW DELHI: The Mumbai International Airport 's ground staff, Rohan Surve, was intercepted on suspicion and after scanning his bag,...
‘Indian indirect taxes up 30%, GST helps to lower tax burden’
NEW DEHLI: The RBI Board Member, Indira Rajaraman said during a conference that the global average of Goods and Services...
Indian Customs catches 2 air crew members for smuggling 3kg gold worth Rs 78 lakh
NEW DEHLI: Indian Customs caught two Air India crew members for 3 kilogram of gold smuggling during flight, which worth...
Indian 7,500km coastline needs vibrant national port policy
CANBERRA: India’s 7,500-km coastline is served by a dozen major ports, about 200 notified non-major ports in nine maritime States...
Indian Statistics Ministry predicts 7.4% economic growth in 2015
NEW DELHI: Indian statistics ministry announced in a data released that Indian economy will accelerate 7.4 per cent this financial...
Indian currency gains 1.51%, opens 62.15 against dollar
NEW DEHLI: Indian currency opened at 62.15 as against the US dollar today, while last day it closed at 62.17...
Indian traders express concern over 1% additional tax in GST
NEW DELHI: Traders expressed great concerns on proposal of additional one per cent tax on inter-state supply of goods in...
India’s gold import declines to $45b, Trade Minister seeks 2% cut in import tax
NEW DELHI: India Trade Ministry will decide on the proposal, to reduce the tax to 2% from 10%, and also...
Budget advice: Indian Telecom Dept asks investment-linked tax incentives
MUMBAI: The Department of Telecom, in a budget proposal, asked government investment-linked tax incentives for the telecom sector under Section...
Indian Revenue Intelligence to investigate misuse of tax scheme in ready-made garments
NEW DELHI: The central revenue intelligence officials of India have started investigations into alleged misuse of government facility to reimburse...
Indian power producers seek exemption from Customs Duty on coal imports
NEW DELHI: The Association of Power Producers' (APP) asked government a customs duty relief on imported coal for thermal plants,...
India’s major ports need thorough organisational restructuring
NEW DELHI: India’s major ports urgently need thorough organisational restructuring with a view to transforming them into viable business entities....
Chennai Metro Water collects Rs3.3m from tax defaulters
CHENNAI: Chennai Metro Water has collected Rs 3.3 million pending water and sewerage tax from defaulters during a special drive...
Indian govt plans to rise $2 billion in foreign funds for growth of major ports
NEW DELHI: The government is planning to raise nearly $2 billion (about Rs 12,400 crore) in overseas funding for expansion...
Confederation of Indian Industry asks to maintain Customs, Excise, Service Tax rates in budget
NEW DELHI: The Confederation of Indian Industry (CII) said that the rates of service tax, central excise and customs duties...
Vodafone India’s revenue growth rise nearly 18% to £937m in Q3 of 2014
NEW DEHLI: The Indian arm of British telecom major Vodafone reported 17.7 per cent rise in revenue, over 937 million...
India establishes customs commissionerate at Kakinda port
NEW DELHI: Kakinada and Krishnapatnam ports, Commissioner of customs Sk. Rahman said that the customs commissionerate is fully geared up...
Indian Income Tax Department to inspect two entities of Green Peace India on violation
NEW DELHI: Income Tax Department of India is going to scrutinize two different entities of non-governmental organization Green Peace India...
Drug smugglers take advantage of Chennai Customs’ checking gap
CHENNAI: Drug smugglers are taking advantage of loopholes in checking of Chennai Customs as air customs rely on paperwork to...
