PM promises fair taxes, growth-focussed policies to investors

Last Updated: Tuesday, February 3, 2015, 22:38

Modi said the priority of his government is "growth and jobs" and to establish global benchmarks in areas such as governance, transparency and taxation.

Switzerland begin talks for framing tax info exchange law

Last Updated: Wednesday, January 14, 2015, 21:09

In another step to prevent cross border tax evasion, Switzerland today began consultations for framing a legislation related to sharing tax information automatically with other nations, including India.

Govt meets 60.6% indirect tax collection target during April-December

Last Updated: Tuesday, January 13, 2015, 21:18

Government today said it has collected Rs 3.77 lakh crore, or 60.6 percent, of budget target for indirect tax by December 2014.

Govt stresses need on voluntary tax compliance

Last Updated: Friday, September 27, 2013, 16:34

Seelam said the current account deficit (CAD) would be contained at 4.8 percent of GDP.

Kitty Steels MD arrested, fined Rs 10,000 for IT Act violation

Last Updated: Friday, September 27, 2013, 13:41

The Revenue Department on Friday said the Managing Director of Hyderabad-based Kitty Steels Ltd has been fined Rs 10,000 along with three months of imprisonment for violation of income tax laws.

Tax info exchange: India sends 563 requests; gets 97 in 3 years

Last Updated: Wednesday, July 31, 2013, 22:06

When it comes to exchange of information on suspected tax defaults, India made 563 requests to foreign countries in three years, while it received only 97 such requests during this period.

India a fully committed partner in tax info exchange: OECD

Last Updated: Wednesday, July 31, 2013, 22:03

India has come in for praise by the world's top economic policy body, OECD, for putting in place a robust mechanism for exchange of information on issues related to taxation aimed at curbing black money and tax evasion.

Union Cabinet likely to approve IT dept revamp plan tomorrow

Last Updated: Wednesday, May 22, 2013, 15:16

He further said that the proposal includes recruitment of 19,000 tax officials to be deputed across the country in a span of two years.

Banks told to keep tax collecting branches open on Mar 29-31

Last Updated: Tuesday, March 26, 2013, 17:08

The Reserve Bank has asked banks to keep open their designated tax collecting branches on Good Friday (March 29) and the following weekend to facilitate tax collection.

Economic Survey against hike in tax rates; calls for widening base

Last Updated: Wednesday, February 27, 2013, 14:12

Amid debate over imposing higher taxes on super-rich, the Economic Survey on Wednesday said efforts should be made to raise revenue by widening tax base and not by increasing the rates.