This story is from August 17, 2024
Taxi drivers welcome tax relief on tourist vehicles
PSUs, mining companies to pay states royalty, tax dues from 2005: Supreme Court
The Supreme Court directed companies engaged in mining to pay royalty and tax arrears on mineral-bearing land to states from 2005 over the next 12 years. The court waived interest and penalties for overdue payments before July 2024. This decision overturns a 1991 ruling, affirming states' right to levy these charges retroactively.
Taxi driver found dead on Ludhiana-Chandigarh Highway
Panic arose in the Samrala bypass area of the Ludhiana-Chandigarh National Highway when a taxi driver, Ravi Kumar, was found dead with bullet wounds early Saturday. He had informed his family about a trip from Chandigarh to Ludhiana. Police are investigating, and his taxi is missing, suggesting a possible robbery.
Olympics is over, are medal winners in for a taxing time?
Neeraj Chopra secured a silver in javelin, while Manu Bhaker, Sarabjot Singh, Swapnil Kusale, Aman Sehrawat, and the Indian hockey team earned bronze. Indian athletes receive tax-free rewards from the government for their achievements. Conversely, gifts from private entities or employers may be taxable, depending on various factors and interpretations under tax law.
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