Tarun Sharma
Journalist at Zee Business
Journalist @ZeeBusiness, Previously with @Moneycontrol. Tracks markets, policy and Investigation agencies.
Articles
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1 week ago |
zeebiz.com | Tarun Sharma
Advance Income Tax Data April-June 2025: The central government collected Rs 1.54 lakh crore in advance income tax between April and June 16, official data showed on Tuesday. That marked an increase of 4.0 per cent over the corresponding period a year ago, modest growth attributed to a high base, income tax relief announced in Budget 2025, and global economic uncertainties. Meanwhile, net direct tax collections marked a marginal decline of 1.5 per cent compared with the year-ago period.
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2 weeks ago |
zeebiz.com | Tarun Sharma
Cryptocurrency Investment: The Central Board of Direct Taxes (CBDT) is investigating suspected tax evasion and laundering of unaccounted income by high-risk individuals through investment in cryptocurrency. Such entities and individuals engaged in virtual digital asset (VDA) transactions, having failed to comply with the Income-tax Act, 1961, have been identified for verification.
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2 weeks ago |
zeebiz.com | Tarun Sharma
Finance Minister Nirmala Sitharaman is holding three high-level meetings with revenue officials starting next week. Sitharaman is taking good and services tax (GST) and income tax reviews on June 19 and June 23, respectively. In these metings, the Finance Minister will discuss ease of doing business for taxpayers, enhanced complaince and faster dispute resolution. The first meeting will be held on June 19.
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3 weeks ago |
zeebiz.com | Tarun Sharma
In a significant development in the Indian paints industry, Grasim Industries’ paints division — Birla Opus Paints — has lodged a formal complaint with the Competition Commission of India (CCI) against Asian Paints, India’s largest paint manufacturer. The complaint alleges that Asian Paints has been engaging in anti-competitive practices and misusing its dominant market position to stifle competition.
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1 month ago |
zeebiz.com | Tarun Sharma
The Narendra Modi government plans to suggest placing Pakistan back to the “grey list” at a key meeting of the Financial Action Task Force (FATF) due next month, according to official sources. The FATF is a global financial crime agency. Its grey list contains the names of countries under extensive monitoring until they take clear steps to rectify identified flaws in their financial systems. Inclusion in the FATF’s grey list can potentially limit a country’s access to international loans.
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Grasims Birla Opus Paints takes Asian Paints to CCI over alleged abuse of market dominance https://t.co/yWE8kR7s5A via @CCI_India @MCA21India @nsitharamanoffc
