India News | Indo-Asian News Service | Sunday August 23, 2015
Describing the passage of the stalled Goods and Services Tax Bill as a parameter to measure the maturity of India's political system, union finance minister Arun Jaitley today made a veiled attack on the Congress for "stalling the country's progress".
Press Trust of India | Saturday August 22, 2015
The Finance Minister will inaugurate the Annual Conference of the Chief Commissioners and Directors General of Customs, Central Excise and Service Tax (CBEC) where he will deliver a key note address.
Press Trust of India | Sunday August 16, 2015
The move follows a decision by Central Board of Excise and Customs (CBEC), the apex policy making body for indirect taxes.
India News | Press Trust of India | Friday August 14, 2015
The Government has rejected the conditions put up by Congress for supporting the long-delayed GST legislation, with Finance Minister Arun Jaitley saying these are "after-thought" and were not part of the bill that the party had itself introduced.
NDTV | Thursday August 13, 2015
Finance Minister Arun Jaitley in his maiden full-year Budget widened the tax base to include amusement parks which were earlier exempt.
Cheat Sheet | Reported by Sunil Prabhu; Edited by Amit Chaturvedi | Wednesday August 12, 2015
The Congress today stalled a last-minute attempt by the Modi government to pass the Goods and Service Tax bill, aimed at creating one of the world's largest single markets and driving economic growth. Finance Minister Arun Jaitley has said the government will push for the GST bill tomorrow.
India News | Agencies | Tuesday August 11, 2015
The government's last-minute push for a major tax reform fell flat today, with the opposition Congress refusing to call off protests in Parliament to allow a discussion on the Goods and Services Tax (GST).
Thomson Reuters | Monday August 10, 2015
Investors are hopeful that the government would be able to pass the Goods and Service Tax (GST) Bill in the monsoon session of Parliament which ends on Thursday.
India News | Press Trust of India | Sunday August 9, 2015
With Congress and Left opposing the GST Bill, Home Minister Rajnath Singh today appealed to all parties to lend support to the proposed legislation for its passage in Parliament, saying the government will be open to amendments in future.
Press Trust of India | Friday August 7, 2015
With Parliament continuing to face disruptions and the key reform bills pending to be passed, the Godrej group chairman expressed a fear that if the session were to be adjourned sine die, then it will raise a lot of question marks on the future.
India News | Press Trust of India | Tuesday August 4, 2015
The current logjam in Parliament has become a cause of worry for the Indian industry, as it is delaying the passage of bills like Goods and Services Tax (GST), which are crucial for economic growth, according to Confederation of Indian Industry or the CII.
Delhi News | Indo-Asian News Service | Sunday August 2, 2015
The Arvind Kejriwal-led Delhi government on Saturday slashed VAT rates on all cutlery items made of metal from the existing 12.5 percent to five percent, an official statement said.
India News | Press Trust of India | Sunday July 26, 2015
Six foreign airlines have come under the lens of revenue authorities here for alleged underpayment of Service Tax believed to be worth several crores.
Press Trust of India | Sunday July 26, 2015
Six foreign airlines have come under the lens of revenue authorities here for alleged underpayment of service tax believed to be worth several crores.
Indo-Asian News Service | Friday July 24, 2015
The movie which surpassed the 100 crore mark in its opening weekend itself, was made tax-free after director Kabir Khan requested the Chief Minister, in a meeting
Mumbai News | mid-day.com | Friday July 24, 2015
In what could be the first such case in the city, a non-cognisable offence was registered against a Mulund restaurant after lawyer Abhishek Nakashe complained to the police about the Rs 39 service charge in his Rs 525 bill.
Press Trust of India | Thursday July 23, 2015
NRIs or non-resident Indians can invest in the National Pension System (NPS) to get a social security cover, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Hemant Contractor said on Wednesday.
Indo-Asian News Service | Tuesday July 21, 2015
The film, which is smashing records at the box office, was made tax free after director Kabir Khan met the chief minister with the request
Press Trust of India | Sunday July 19, 2015
These rules will be important as the Goods and Services Tax will be destination based and levied at the point of delivery. They will help determine the location of supply of goods or services as also whether the supply is intra-state or inter-state.
Press Trust of India | Saturday July 18, 2015
The Central Board of Excise and Customs (CBEC) will start detailed manual scrutiny of service tax returns of assessees based on risk parameters under modified norms from August 1.
India News | Press Trust of India | Friday July 17, 2015
All central government officers have been asked to file details of their assets and liabilities, as mandated under the Lokpal Act, at the earliest to avoid last minute rush, the Centre said on Thursday.
Press Trust of India | Tuesday July 14, 2015
India should not apply service tax on overflights by foreign airlines, extra baggage, global distribution systems and international tickets, world airlines body IATA said on Tuesday, as it suggested smarter regulation to make it easier for the industry to do aviation business.
NDTV | Tuesday July 14, 2015
Some consumers have a "misapprehension" that these 'service charges' are being collected by the restaurant on behalf of the government as tax, the Finance Ministry said.
Press Trust of India | Saturday July 11, 2015
Mr Subramanian said this indirect tax collections reflect in part the effect of the additional measures taken by the central government, including an excise duty increase on diesel and petrol and gold, besides a hike in service tax rate from June 1.