Students enrolling in courses like software, retail and fashion may pay lesser fee as the government plans to waive service tax levied on skill development providers in the budget for

Finance Minister Pranab Mukherjee will hold a meeting with the state counterparts next month to sort out the issues concerning Central Sales Tax (CST) compensation and implementation of the goods

Tightening the noose around tax evaders, the Income Tax Department will launch a special drive from January 20 to verify high value transactions, under which tax officials may visit the

Finance Minister Pranab Mukherjee today said stress has to be put on direct tax collection as part of the country's revenue generation exercise.

While the amount of direct tax collected

Belying concerns over slowdown indirect tax collections increased 16. 1 per cent to Rs 2 85 787 crore during April-December mainly driven by an uptick in service tax mop-up

Direct tax collections during April-December this fiscal were up by 14. 54 per cent at Rs 3 96 529 crore over the corresponding period last fiscal mainly due to

Finance Minister Pranab Mukherjee today expressed the hope that the Direct Taxes Code (DTC), which seeks to modernise tax laws in the country, will come into force from April 1,

Home Minister P Chidambaram, who as Finance Minister had slashed taxes, today suggested that rich should be taxed more even though "many people" would not like the idea.

"We must