July 01, 2015 11:31 (IST)
The government will provide a roadmap for ending corporate tax exemptions in next 45 days, Revenue Secretary Shaktikanta Das said on Wednesday, as part of a plan to lower the tax rate to 25 per cent in four years.
June 26, 2015 21:54 (IST)
The government is likely to infuse additional $1.8 billion (about Rs 11,500 crore) in public sector banks this fiscal year over and above $1.2 billion earmarked in the Budget, Finance Secretary Rajiv Mehrishi said on Friday.
June 11, 2015 12:41 (IST)
Dil Dhadakne Do is a family drama that revolves around a family cruise to Turkey and Greece and the events that unfold during the course of the 10-day tour.
April 24, 2015 14:33 (IST)
Achieving a 3 per cent fiscal deficit target by 2017-18 is a challenge but the government will not compromise on building public infrastructure and irrigation, Finance Minister Arun Jaitley said on Friday.
April 22, 2015 15:24 (IST)
Some proposals in the Bill included changes to the RBI Act of 1934.
April 15, 2015 22:41 (IST)
The Finance Ministry has notified the increase in transport allowance to Rs 1,600 a month from Rs 800 as announced in the Budget for 2015-16.
April 08, 2015 22:55 (IST)
Finance Minister Arun Jaitley, however, did not disclose details about the bonds.
April 08, 2015 18:35 (IST)
The Finance Minister in his budget speech highlighted the importance of the budget fast-becoming one of the cornerstones to indicate the pace and direction of the economy, says Hema Palgamkar of EY.
April 08, 2015 18:08 (IST)
The key highlights of the proposed Finance Bill, 2015 which seem to be in line with the objective of the government to enable the ease of doing business in India are summarised herein.
April 08, 2015 17:21 (IST)
While, there have not been any specific direct tax amendments proposed for the telecom industry, the following were the key announcements which would be of relevance to the sector:
April 01, 2015 23:48 (IST)
The Minimum Alternative Tax (MAT) will become irrelevant with removal of tax incentives and reduction in corporate tax rate to 25 per cent over next four years, Revenue Secretary Shaktikanta Das said.
April 01, 2015 21:54 (IST)
The government on Wednesday notified new accounting standards for computation of business income, which will ensure consistency and help minimise tax-related disputes.
March 31, 2015 23:22 (IST)
The Central Board of Direct Taxes (CBDT) has extended the window for filing roll-back applications under the Advance Pricing Agreement relating to transfer pricing cases by three months to June 30.
March 31, 2015 23:13 (IST)
The premiums are being revised after a gap of three years.
March 31, 2015 23:09 (IST)
Arun Jaitley had earlier said efforts would be made to keep fiscal deficit at 4.1% of GDP.
March 31, 2015 22:59 (IST)
Investments in 'Sukanya Samriddhi Account', the special deposit scheme for the girl child, will earn a higher interest rate of 9.2 per cent, while the rate on popular tax saving Public Provident Fund or PPF has been retained at 8.7 per cent for financial year 2015-16.
March 31, 2015 13:45 (IST)
Finance Minister Arun Jaitley had come out with a host of proposals last month to rationalise service tax, which is levied at an effective rate of 12.36 per cent.
March 30, 2015 17:11 (IST)
Terming the government's vision to provide housing for all by 2022 as "unrealistic", property consultant JLL India has said making available 2 crore urban houses and 4 crore rural houses is a "huge undertaking in itself" and without a clear roadmap in place, the target is "likely to remain unachievable".
March 29, 2015 17:44 (IST)
Wealth tax is a levy of tax on the net wealth including foreign assets and liabilities.
March 28, 2015 19:05 (IST)
Finance Minister Arun Jaitley on Friday pitched for greater use of "plastic money" and cheques saying that it would discourage use of unaccounted wealth and help in tackling the menace of black money.