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Indirect tax

Economy

Govt releases tax devolution of Rs 1.73 lk cr to states to accelerate capital spending

The Union Government on Friday released tax devolution of Rs 1,73,030 crore to state governments, as against the devolution of Rs 89,086 crore...
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Economy

Caramelised popcorn’s sweetness in jeopardy? Sitharaman’s GST clarification adds a tangy twist

The GST Council, led by Finance Minister Nirmala Sitharaman, has clarified the tax treatment of popcorn. It has been decided that pre-packed and...
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Economy

CBIC relaxes norms for Customs Cargo Service Providers

The Central Board of Indirect Taxes and Customs (CBIC) Friday reduced insurance requirement for stored custom cargo to five days from 10 days....
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