In a move apparently aimed at avoiding the requirement for approaching Parliament for any change in rates in future, the GST Council has proposed to raise the peak rate in the Bill to 20 per
In an apparent reference to Beleaguered tax evader and fugitive Vijay Mallya, the Finance Minister Arun Jaitley today said that democracy is liberal enough in the UK to allow defaulters to remain here and that
Finance Minister Arun Jaitley, during his budget speech on Wednesday, provided a glimpse into the number of demonetised notes deposited between November 8 and December 30, 2016, without giving the full picture. Is it because
The Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today informed that the total allocation for infrastructure development in 2017-18 stands at Rs. 3,96,135 crores.
Union Finance Minister Arun Jaitley today said that the present burden of taxation is mainly on honest tax payers and salaried employees who are showing their income correctly.
The government will present the Union Budget 2017-18 on February 1 but will refrain from making any specific announcements pertaining to five poll-bound states.
Union Budget 2017 Basics: Know these 15 accounting and budgeting terms might make it easier to understand the union budget 2017. Balanced budget , Budgetary deficit, Finance bill , Indirect taxes , Customs duties.
With no end to the lack of promptly accessible cash and long queues of people looking to exchange notes, Andhra Pradesh Finance minister Yanamala Ramakrishnudu has said that the government’s decision to scrap Rs.500 and
Finance Minister Arun Jaitley today said that infrastructure investment needs a booster and his next Budget in February will concentrate on empowering more open and also private spending to help financial development. Speaking at ET
Finance Minister Arun Jaitley today cautioned people that mere depositing the old notes in banks will not help in converting the money from 'black to white' and tax liability would remain on unexplained funds. Less
The Associated Chambers of Commerce of India (Assocham) on Friday has sought an exemption for industries from the Rs 50,000 cap stipulated for current accounts by the government, saying thr amount was too low and
Amit Mitra on Wednesday dropped a bombshell saying that the Good and Services Tax (GST) rollout has been thoroughly jeopardized by the Centre’s abrupt demonetization drive, a statement that got a backing from BJP MP Subramanian Swamy.
Dubbing the proposed multiple rate GST structure as "disastrous", former Finance minister P Chidambaram today said that it is nothing more than same old VAT rates in a "new shape". In an interactive session with
In the imminent GST regime, the levy on the environmentally hostile products will be "unmistakable" from others to help reserves for atmosphere financing, said Finance Minister Arun Jaitley on Friday. "The indirect tax regime that
Working to meet its promised April 1, 2017, deadline for the rollout of Goods and Services Tax, the government today said the first meeting of the GST Council was held in a "very cordial and
The country can have a lower tax regime only when the tax payer base increases and tax evasion comes down, said Union Finance Minister Arun Jaitley on Saturday. Speaking at a function here Jaitley said
Tokyo: Japanese conglomerate SoftBank and a number of investors here have shown keen interest in investing in India’s “infrastructure growth story”, Finance Minister Arun Jaitley said today as he kicked off his 6-day visit to
New Delhi: Finance Minister Arun Jaitley had some reassuring words on NPAs on Monday when he said bad loans have reached the peak and expressed confidence that situation will get better with improvement in six
New Delhi: India will have to renegotiate the tax treaty with Singapore to extend the capital gains tax provisions of the recently-concluded tax pact with Mauritius, Finance Minister Arun Jaitley said on Monday. Without giving
New Delhi: Following protest from the trade unions, the finance ministry has hiked interest rate on provident fund deposits to 8.8 per cent from the 8.7 per cent decided by it earlier. This is the
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