tax

Bhubaneswar, May 2: Beating the slow down and recession in world market, the revenue collection of Odisha during 2014-15 has grown by 10.09% over the last fiscal year. This was discussed in a high level meeting held under Chairmanship of…

Warning corporates not to take unfair advantage of the liberalised tax environment, Finance Minister Arun Jaitley on Friday said the world is moving towards a more transparent regime that would remove the veil of secrecy from unlawful…

The Lok Sabha passed the Finance Bill, 2015 by a voice vote on Thursday. As many as 41 amendments moved by Finance Minister Arun Jaitley were passed, including for tax relief to foreign investors with income from securities transactions,…

The Revenue & DM Department of Odisha has achieved an all-time high tax and non-tax revenue collection for the year 2014-15. Against the land revenue of Rs. 431.12 crore collected during 013-14, the land revenue collection during the…

The government on Thursday provisionally reported an increase of 9.9 percent in indirect tax collection at Rs.546,479 crore during April-March 2014-15 on a provisional basis. According to finance ministry, the collection during last fiscal…

With the Narendra Modi-led government's first full budget due this weekend, it Tuesday accepted the recommendations of the 14th Finance Commission for a record increase of 10 percent in the states' share of the divisible pool of central…

Odisha recorded a four percent increase in revenue collection by December 2014 against the same period of 2013, said an official Tuesday in Bhubaneswar. While revenue worth Rs.16,167 crore was collected by December 2013, the tax and non-tax…

Odisha Finance Minister Pradip Amat has attended Pre-Budget Consultation Meeting of Union Finance Minister, Arun Jetly at Hotel Ashoka, New Delhi, on Friday. In this meeting Minister Amat has raised some issues common to States and specific…

The state government has suggested the Union government to impose tax goods being sold through e-commerce platform. The tax would be collected by the consuming state where the goods are dispatched. E-commerce has been on peak and the…

Odisha’s main business point Malgodown in Cuttack was remained closed on Tuesday following indefinite strike called by the All Odisha Traders’ Association (AOTA) protesting against high Value Added Tax (VAT) rates levied on pulses and food…