Finance Minister Arun Jaitley on Monday introduced a bill in the Lok Sabha to amend the Income Tax rules, levying a tax of 60 per cent on undisclosed ...
Industry Urged Policymakers to Create More Jobs
The Union Budget for fiscal 2017-18 should create more jobs and employment opportunities, trade unions said in a representation to Union Finance Minis...
Centre & States Lock Horns Over GST
An informal meeting of the Goods and Services Tax (GST) Council remained stalled on the issue of dual control, or cross-empowerment, on who will exerc...
GST Council Finalized 4 Fixed Slabs at 5%, 12%, 18% & 28%
The Goods and Services Tax (GST) Council has finally gave green signal to a four-tier rate structure of 5%, 12%, 18% and 28%. Finance Minister Arun Ja...
Retailers Want GST Rate Should be Remain Close to the Current Rate
The Retailers Association of India met Finance Minister Arun Jaitley to emphasise that the GST rate should be close to the current effective rate of t...
India Sees Taxation Level Cooperation Among BRICS: Arun Jaitley
With the annual BRICS (Brazil, Russia, India, China and South Africa) summit in Goa a couple of days ahead, Arun Jaitley, Finance Minister said here g...
India Urged IMF & World Bank for Reforming Country Quota
WASHINGTON: India has reiterated the strong case for realigning the country quota shares of the International Monetary Fund (IMF) in line with changed...
India- Canada Discussing Progressive Trade
Finance Minister Arun Jaitley, is on an official visit to Canada, held discussions in Toronto on bilateral opportunities for progressive trade and inv...
Five Sets of GST Draft Rules Finalised by Council: FM
Five sets of draft rules relating to registration, payments, returns and refunds under the Goods and Services Tax (GST) regime were approved by the GS...
India’s Competitiveness Will Further Improve with GST: Arun Jaitley
Acknowledging India’s improvement in the recently published Global Competitiveness Index of World Economic Forum, Union Minister for Fina...