The BSE Sensex rallied 220 points to reclaim the 40,000-mark on Wednesday as strong corporate earnings and expectations of a rejig in tax
Union Minister Arun Jaitley on Friday exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues increase, and
The government has asked builders not to charge any GST from home buyers as the effective GST rate on almost all affordable housing project is 8
As many as 22 states, including Delhi, West Bengal and Maharashtra, have abolished check posts within three days of the implementation of the
GST is designed to abolish the multiplicity and cascading effect of taxes and also curb the instances of tax evasion.
Equipped with multiple phone lines and computer systems and manned by tech-savvy youngsters, a “mini war room” has been set up in the
The Andhra Pradesh government has requested the Centre to consider reducing tax burden on some of the goods and services like hardware, biogas,
Amendments to the I-T laws do not seek to tax inherited gold and jewellery as also those items that are purchased through disclosed or
In a big relief to over 3.7 crore workers, the government has raised the threshold limit for deducting tax at the source from Rs. 30,000 to Rs.
Facing flack for the budget proposal to tax EPF withdrawals, the government today said that it will notify the categories of employees who will
Finance Minister Arun Jaitley has said that he needs to provide over Rs 1.10 lakh crore in this year’s general budget for implementation of One
In what may be speculated as no signs of thaw between the ruling BJP and the principal opposition Congress over the issue of Goods and Services
Absence of criminal legal treaties between India and tax haven nations have been cited by probe agencies working in the SIT on black money as one
The first task the new government has set for itself is simplifying the complex tax structure. No less important is the need to bring in a