States oppose Centre's revised GST draft
States have opposed the Centre's revised GST draft, Chairman of Empowered Committee of State FMs said on Thursday.
Dec 11, 2014, 15:04 PM IST
Infra consulting companies seek exemption from service tax: FICCI
Infrastructure consulting companies want the government to treat them at par with contractors and concessionaires for exemption from service tax payment, FICCI said Sunday.
Dec 07, 2014, 18:53 PM IST
E-commerce covered under Consumer Protection Act
E-commerce is covered under the Consumer Protection Act and the central government is not facing any loss in indirect tax revenue due to expansion of online retail business, Parliament was informed on Tuesday.
Dec 02, 2014, 16:28 PM IST
Indirect tax collections rise 5.6% in Apr-Oct
Indirect tax revenues rose marginally by 5.6 percent in the April-October period to over Rs 2.85 lakh crore, mainly on account of increase in service tax and customs collections.
Nov 12, 2014, 15:27 PM IST
Infra consulting firms demand exemption from service tax
Infrastructure consulting firms have requested the government to exempt them from service tax at par with contractors and concessionaires.
Oct 24, 2014, 19:29 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
Indirect tax collections up 4.5% in April-June
Indirect tax mop up inched up by 4.5 percent in the April-June quarter of the current fiscal due to decline in custom duty and excise duty collections, reflecting slump in manufacturing activity.
Jul 24, 2014, 23:43 PM IST
Over Rs 1 lakh cr locked in excise, service tax litigation
Over Rs 1 lakh crore of taxes were locked up in various stages of litigation in service tax and central excise at the end of March 2013, official auditor CAG has said.
Jul 20, 2014, 19:12 PM IST
Budget will give impetus to people’s participation: Narendra Modi
Prime Minister Narendra Modi on Thursday termed the Budget as one that converts hopes and aspirations of the people into trust.
Jul 10, 2014, 18:01 PM IST
PPP is new mantra for infra in Jaitley's maiden budget
Asserting that lack of infrastructure will not be allowed to hit growth, government on Thursday announced a slew of steps to fast-track projects mostly in public-private-partnerships, which finds renewed focus in Finance Minister Arun Jaitley's maiden Budget.
Jul 10, 2014, 17:32 PM IST
Govt raises foreign investment limit in defence to 49%
In order to boost manufacturing and reduce import dependence, the government on Thursday proposed to raise the foreign investment limit to 49 percent in the defence sector.
Jul 10, 2014, 17:13 PM IST
J-K benefits with Rs 500-cr package for Kashmiri migrants, IIT
A Rs 500-crore package for rebuilding the lives of Kashmiri migrants was among the slew of measures announced in this year's Union budget for Jammu and Kashmir.
Jul 10, 2014, 17:11 PM IST
FDI in realty, tax sops for REITs to boost housing segment
In a slew of measures to boost slowdown hit real estate sector, the government on Thursday relaxed FDI rules, gave incentive on home loans, offered tax sops on investment trusts and provided Rs 7,060 crore for the development of 100 smart cities.
Jul 10, 2014, 17:02 PM IST
New intel units, 800 personnel to check service tax evasion
The Finance Ministry has cleared creation of new intelligence units across the country and appointment of over 800 personnel to check any leakage in its earnings from the indirect tax.
Jul 06, 2014, 19:06 PM IST
