Finance Ministry today said the increase in indirect tax collections during first seven months of the current fiscal reflects a healthy rise in GDP.
"April-October indirect tax growth: 35
Finance minister Arun Jaitley today said the government in the next few days will bring out a list of tax exemptions to be phased out as part of the exercise to reduce corporate tax rate to 25 per cent in four years.
Confident of an accelerated growth trajectory, Finance Minister Arun Jaitley today said tax revenues are expected to be higher this year while improving macroeconomic fundamentals and ongoing reforms make 8-10
Undisclosed overseas assets such as immovable property, jewellery, shares and art works will be valued at fair market price for the purpose of tax and penalty under the new black
The government will come out with a first draft of the roadmap to eliminate all tax exemptions for companies in the next six weeks, revenue secretary Shaktikanta Das said on
Terming the controversial retrospective taxation regime a "legacy issue", finance minister Arun Jaitley has assured US investors that the government does not intend to legislate retrospectively and is looking to
The Food Ministry is of the view that it was not possible to implement the Shanta Kumar-headed high-level committee's recommendation to impose uniform tax on wheat and rice as state
The new law, which has provisions to deal with the problem of the undisclosed foreign income and assets, was passed in the Rajya Sabha on May 13, two days after
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William D. Green
Chairman & CEO, Accenture