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Shaktikanta Das takes charge as Economic Affairs Secretary

Last Updated: Tuesday, September 1, 2015, 23:22

Senior IAS officer Shaktikanta Das has taken charge as the Secretary for Department of Economic Affairs in the Finance Ministry.

CBEC must aim at 22% growth in service tax collection: Das

Last Updated: Monday, August 24, 2015, 23:15

Concerned over low service tax realisation, Revenue Secretary Shaktikanta Das Monday asked the CBEC (Customs, Central Excise and Service Tax) to analyse revenue mop-up sectorally and ensure that it grows by 20-22 percent in the fiscal.

Govt to issue 2nd set of FAQs on black money law soon: Das

Last Updated: Friday, August 21, 2015, 18:56

In a bid to clarify issues related to the black money law the government will soon come out with second set of Frequently Asked Questions (FAQs).

No intention of banning P-Notes overnight: Rev Secy

Last Updated: Thursday, August 20, 2015, 19:30

Clearing the air on P-Notes, Revenue Secretary Shaktikanta Das Thursday said the government has no intention of banning these financial instruments overnight and it is examining how to improve the disclosures.

GST rate to be 'as reasonable as possible': Govt

Last Updated: Thursday, August 20, 2015, 19:14

"Effort of government is to make tax rate reasonable, as reasonable as possible. High tax rate do not achieve the objective of GST," Revenue Secretary Shaktikanta Das said at an Assocham event here.

'Make in India' taking shape, foreign companies showing interest: FinMin

Last Updated: Thursday, August 6, 2015, 23:14

"Sony, Foxconn and many more. Budget booster in indirect taxes silently working for domestic manufacturing. Make in India taking shape," Revenue Secretary Shaktikanta Das said in a tweet.

FinMin to hold talkathon on new black money law Tuesday

Last Updated: Monday, August 3, 2015, 22:20

Finance Ministry will hold a talkathon on the new black money law Tuesday during which Revenue Secretary Shaktikanta Das and CBDT Chairperson Anita Kapur will respond to the queries regarding the legislation.

FinMin working for a reasonable GST rate: Revenue Secy

Last Updated: Thursday, July 30, 2015, 11:20

A day after Cabinet approved incorporation of changes in the landmark GST Bill as suggested a Rajya Sabha Select panel, Finance Ministry Thursday said it is working closely on a "reasonable" GST rate.

'Compliance window not revenue mobilisation measure'

Last Updated: Sunday, July 5, 2015, 14:42

The one-time compliance window provided to undisclosed foreign asset holders to come clean under the black money law is not a revenue mobilisation exercise, Revenue Secretary Shaktikanta Das has said.

Govt to provide roadmap for ending corporate tax exemptions in 45 days

Last Updated: Wednesday, July 1, 2015, 10:51

A road map to eliminate all tax exemptions and incentives for corporates will be unveiled in the next 45 days as a prelude to lowering of corporate tax rate to 25 percent over a four-year period, Revenue Secretary Shaktikanta Das Wednesday said.

Adopt taxpayer-centric regime: Revenue Secretary tells taxmen

Last Updated: Tuesday, May 26, 2015, 21:12

The Income Tax Department should adopt a responsive taxpayer-centric regime and focus on dealing with the menace of both domestic as well as overseas black money, Revenue Secretary Shaktikanta Das has said.

Direct Tax target of Rs 7.98 lakh cr for FY'16 achievable: Das

Last Updated: Monday, May 25, 2015, 18:35

The Direct Tax collection target of Rs 7.98 lakh crore for the current financial year is likely to be met on account of improvement in economic growth, government said on Monday.