Some tax deductors not depositing TDS: I-T Dept
The Income Tax Department has taken note of some tax deductors not depositing TDS in the government account after deducting the same from specified payments.
May 12, 2015, 13:21 PM IST
Finance ministers want to review GST in other countries
The two-day meeting of the state finance ministers, which concluded here on Friday, has decided to request the Centre to depute the Empowered Committee members to visit some countries which have adopted the GST.
May 08, 2015, 17:21 PM IST
India to raise import tax on natural rubber by 5% from June 1
India will raise import tax on natural rubber by 5 percent to 25 percent from June 1, Finance Minister Arun Jaitley told lawmakers on Thursday.
Apr 30, 2015, 19:16 PM IST
India to cut export tax on low-grade iron ore to 10% from 30%
India will cut the export tax on low-grade iron ore to 10 percent from 30 percent, Finance Minister Arun Jaitley said on Thursday, a move that will boost shipments of the steelmaking raw material from Goa.
Apr 30, 2015, 18:09 PM IST
Govt to press ahead with Rs 40,000 cr tax demand on FIIs: FM
FM said that the demands pertain to tax related to earlier period and they wanted it to be waived.
Apr 14, 2015, 22:10 PM IST
GST: State FMs to meet on May 7 in Kerala
A consensus would be built among states for implementation of the Goods and Services Tax by April 2016 as there is no "obstinate opposition" from any state, said K M Mani, the newly selected Chairman of the Empowered Committee of State Finance Ministers.
Apr 10, 2015, 18:05 PM IST
Inflation at record low due to decisive measures: President
President Pranab Mukherjee today said inflation has fallen to a record low due to a number of decisive steps taken by the government and the economy is again on a high growth trajectory.
Feb 23, 2015, 13:21 PM IST
Govt meets 68.6% of indirect tax collection target in April-January
The government on Thursday said it has collected Rs 4.27 lakh crore, or 68.6 percent of budget target for indirect tax, in the April-January period of this fiscal.
Feb 12, 2015, 21:49 PM IST
Govt meets 60.6% indirect tax collection target during April-December
Government today said it has collected Rs 3.77 lakh crore, or 60.6 percent, of budget target for indirect tax by December 2014.
Jan 13, 2015, 21:18 PM IST
India moving towards tax friendly regime: Jaitley
Advocating a tax structure which discourages evasion, Jaitley said there was a misconception that high tax rates lead to higher revenues.
Nov 27, 2014, 19:32 PM IST
Efforts to bring back black money on right track: Modi
In an address to the nation over radio, he said that bringing back black money from outside the country is an "article of faith" for him and nothing will be lacking in his efforts to do so.
Nov 02, 2014, 12:29 PM IST
'Need to move away from aggressive tax planning & assessment'
There is a need to move away from aggressive tax planning and such tax assessment undertaken in certain situations and find a resolution to this issue, Revenue Secretary Shaktikanta Das said today
Oct 09, 2014, 17:14 PM IST
Net direct tax collection up 7% at Rs 2.68 lakh cr
Net direct tax collection has risen only 7.09 percent to Rs 2,68,836 crore in the first six months of the current fiscal.
Oct 07, 2014, 19:43 PM IST
Over Rs 74,000-cr unrealised tax revenue; CAG for close review
Over Rs 74,000 crore in central excise and service tax revenue is pending realisation for 2012 -13 on various grounds, including that of injunction or appeal.
Sep 22, 2014, 16:58 PM IST
FinMin will now focus on GST: Jaitley
The GST will subsume indirect taxes like excise duty and service tax at the central level and VAT on the states front, besides local levies.
Aug 14, 2014, 22:08 PM IST
States will be brought on board before adopting GST: Jaitley
The Centre has said interests of the states will be fully taken care of while finalising the structure for Goods and Services Tax (GST).
Aug 13, 2014, 23:59 PM IST
GST likely to be introduced shortly: Sitharaman
The proposed new indirect tax regime, Goods and Services Tax, is likely to be introduced shortly, the government said Tuesday.
Aug 05, 2014, 17:08 PM IST
Jaitley announces some concessions, tax on MF from July 10
The Lok Sabha later passed the Finance Bill, 2014 completing the budgetary exercise in the Lower House.
Jul 25, 2014, 15:13 PM IST
India's Finance Bill passed by Lok Sabha
The bill was passed after Finance Minister Arun Jaitley gave his reply to the debate on the budget.
Jul 25, 2014, 13:48 PM IST
Indirect tax collections up 4.6% in April-June
The indirect tax collection target for 2014-15 fiscal stands at Rs 6.24 lakh crore.
Jul 18, 2014, 19:38 PM IST
