Rs 5.7 lakh crore direct tax collection target achievable: Gujral

Last Updated: Wednesday, July 11, 2012, 09:10

Finance Secretary R S Gujral has expressed hope that the direct tax collection target of Rs 5.7 lakh crore for the current fiscal will be achieved on the back of good performance from sectors including, cosumer goods,on software, cement and oil companies.

Parliament to take up DTC Bill in monsoon session: Fin Min

Last Updated: Thursday, June 28, 2012, 21:15

The Direct Taxes Code (DTC) Bill, which seeks to overhaul the 50-year-old income tax laws, will be brought in Parliament in the monsoon session, Finance Secretary R S Gujral said on Thursday.

Rs 5.7 lakh cr direct tax collection target achievable: Gujral

Last Updated: Monday, June 11, 2012, 22:28

Finance Secretary R S Gujral Monday expressed hope that the direct tax collection target of Rs 5.7 lakh crore for the current fiscal will be achieved on the back of good performance from sectors including, consumer goods, software, cement and oil companies.

Rs 5.7 lakh cr direct tax collection target achievable: Gujral

Last Updated: Monday, June 11, 2012, 22:28

Finance Secretary R S Gujral Monday expressed hope that the direct tax collection target of Rs 5.7 lakh crore for the current fiscal will be achieved on the back of good performance from sectors including, consumer goods, software, cement and oil companies.

Centre can't compensate states for CST till GST rollout: FinMin

Last Updated: Tuesday, March 20, 2012, 18:43

Amidst repeated complaints of inadequate compensation for revenue loss due to lower CST rate, the Union Finance Ministry Tuesday said it cannot compensate them "endlessly for as many years as GST does not come".

Centre can't compensate states for CST till GST rollout: FinMin

Last Updated: Tuesday, March 20, 2012, 18:43

Amidst repeated complaints of inadequate compensation for revenue loss due to lower CST rate, the Union Finance Ministry Tuesday said it cannot compensate them "endlessly for as many years as GST does not come".

India eyes tax information deals with 17 countries

Last Updated: Wednesday, December 7, 2011, 12:41

India plans to enter into tax information exchange agreements with 17 countries, the finance secretary said on Wednesday.

JPC members question non-submission of 2G note by Fin Min

Last Updated: Tuesday, September 27, 2011, 16:01

Opposition members in JPC on Tuesday termed as a "serious lapse" non-submission of a Finance Ministry note on the 2G spectrum issue before the committee and demanded that the Finance Secretary be called before it to give clarifications.

Panel likely to finalise new LIC Chairman soon

Last Updated: Wednesday, September 21, 2011, 21:08

A high-level search panel headed by Finance Secretary R S Gujral is likely to meet at the end of this week to finalise probable candidate for the post of Chairman of Life Insurance Corporation (LIC).

Sushma Nath appointed new Finance Secretary

Last Updated: Thursday, February 3, 2011, 21:55

With barely a month to go for Budget 2011-12, the government today appointed Sushma Nath as the new Finance Secretary and gave her an extension for two months till May 31 this year.