Tax NEWS

Govt should abstain from increasing tax exemption limit: Report

The government should refrain from frequently raising the tax exemption threshold to avoid erosion in the number of taxpayers and also needs to adopt measures to move towards a cash-less regime, says a report.

Oct 27, 2015, 23:13 PM IST

NDMC records highest collection of property tax in five years

The New Delhi Municipal Council (NDMC) has recovered a record property tax collection of over Rs 290 crore during the current financial year so far, the highest figure in the last five years.

Oct 05, 2015, 19:55 PM IST

India plans to address some pending tax disputes within days: Jaitley

India plans to address some pending tax disputes in the next few days, Finance Minister Arun Jaitley said on Thursday, but did not give details or say whether the cases in question included disputes with foreign companies that have spooked investors.

Sep 17, 2015, 11:25 AM IST

Arun Jaitley stands firm, says GST Bill will soon see light of day

Finance Minister Arun Jaitley Monday said the Constitution Amendment Bill to roll out Goods and Services Tax will soon see the light of day and the Revenue Department is getting ready with three Bills to ensure its implementation.

Aug 24, 2015, 21:57 PM IST

Arun Jaitley, I-T brass meeting Monday on non-adversarial tax regime

Finance Minister Arun Jaitley will on Monday address tax commissioners and director generals of income tax at their annual conference here that will deliberate, among other things, on strategies for providing a non-adversarial tax regime.

May 24, 2015, 20:25 PM IST

I-T to scan tier-II cities to bring more people in tax net

The Income Tax department has decided to use technical intelligence and pay special focus on tier-II cities like Jaipur, Surat and Lucknow among others, to bring more and more people living in these "progressive" cities under the tax net.

May 24, 2015, 18:05 PM IST

India, South Korea sign revised DTAA; to begin talks next year

India and South Korea Monday signed a revised double taxation avoidance pact and agreed to begin talks from mid next year to widen the scope of free trade pact to boost bilateral economic cooperation.

May 18, 2015, 18:25 PM IST