India imports 60 tonnes gold so far in May: Report

Last Updated: Friday, May 15, 2015, 13:05

India, the world's biggest gold consumer, has imported 60 tonnes of the yellow metal so far in May, a television channel reported on Friday quoting Revenue Secretary Shaktikanta Das.

Revenue Secretary meets Shah; tax experts to be part of panel on MAT

Last Updated: Friday, May 8, 2015, 18:02

Revenue Secretary Shaktikanta Das met Law Commission Chairman Justice Shah on Friday in this regard, sources said.

Centre, states working on new GST rate: Revenue Secy

Last Updated: Monday, April 20, 2015, 18:02

As the government gears up to roll out Goods and Services tax (GST) by April 2016, the Centre and the states are working on a new revenue neutral rate, which is currently pegged at 27 percent.

'Compliance window on black money will be for a few months'

Last Updated: Sunday, April 19, 2015, 13:16

Asked how long the compliance window would be, he said: "It has to be a matter of a few months. It's a matter on which the government is yet to take a decision."

Don't pay higher service tax of 14% as Finance Bill not yet passed

Last Updated: Saturday, April 18, 2015, 21:43

The Finance Ministry on Saturday asked people not to pay higher service tax of 14 percent, proposed in the Budget, as the Finance Bill has not yet been passed by Parliament.

MAT to become irrelevant after corporate tax comes down to 25%

Last Updated: Wednesday, April 1, 2015, 21:12

The Minimum Alternative Tax (MAT) will become irrelevant with removal of tax incentives and reduction in corporate tax rate to 25 percent over next four years, Revenue Secretary Shaktikanta Das said.

Bill on black money likely in ongoing Parliament session: Revenue Secretary

Last Updated: Wednesday, March 11, 2015, 15:54

Government is likely to bring a new law on black money during the ongoing Parliament session to effectively deal with the menace, Revenue Secretary Shaktikanta Das said on Wednesday.

Black money: Govt dismisses reports over voluntary disclosure of overseas accounts

Last Updated: Saturday, March 7, 2015, 20:49

Government on Saturday dismissed reports that there will be no prosecution of black money holders if they come forward and make a declaration of their overseas accounts before 2017.

Govt optimistic about GST roll out from April 2016: Rev Secy

Last Updated: Thursday, March 5, 2015, 16:17

The government is confident of rolling out the much-awaited Goods and Services Tax (GST), which aims at creating a single tax for goods and services across the country, from April 1, 2016, a top finance ministry official said.

Banks, financial institutions to face action under new black money law: Das

Last Updated: Wednesday, March 4, 2015, 16:31

Under the new law on black money, banks and other financial institutions will also face action if they are found to have abetted stashing of illicit wealth, along with the action against the perpetrators and beneficiaries of this crime.

India gets a month more to sign FATCA with US: Das

Last Updated: Friday, December 26, 2014, 17:04

India and some other countries have got one more month from the US to sign the Foreign Account Tax Compliance Act (FATCA), an agreement which seeks to facilitate flow of financial information.

Technology should be used in storing documents: Official

Last Updated: Wednesday, December 24, 2014, 13:15

Dealing with huge piles of documents on a regular basis, officials at the Indian Railways here laid emphasis on the need to move to technological platforms for effective and smooth working.