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Broad consensus on GST; Govt to bring Constitutional Amendment Bill

Last Updated: Monday, April 6, 2015, 19:31

There is a broad consensus on GST and a Constitutional Amendment Bill for the proposed indirect tax regime would be taken up in Parliament for consideration and passage in the next few weeks, Finance Minister Arun Jaitley said on Monday.

Indirect tax collection exceeds target by Rs 4,000 cr in FY15

Last Updated: Thursday, April 2, 2015, 15:57

The total collection as on March 31 is Rs 5,46,479 crore, based on the provisional report as against revised estimates of Rs 5,42,325 crore for 2014-15, an official statement said.

FM Jaitley promises to step up public funding to boost infrastructure

Last Updated: Wednesday, March 25, 2015, 18:47

Finance Minister Arun Jaitley also pitched for a low interest rate regime and defended the land acquisition bill saying it would benefit the rural India by promoting industrial activity in non-urban centres.

Centre includes compensation in GST Constitutional Amendment Bill

Last Updated: Tuesday, March 17, 2015, 16:44

To a written question on whether the compensation in GST has been incorporated in the Constitutional Amendment Bill, Minister of State for Finance Jayant Sinha said: "Yes".

Indirect tax mop-up in Apr-Feb achieves 88.5% of fiscal target

Last Updated: Wednesday, March 11, 2015, 21:31

The government Wednesday said it has collected Rs 4.78 lakh crore in indirect taxes in the April- February period, which is 88.5 percent of the revised target for the entire fiscal.

Budget 2015: Service Tax, Indirect Taxes to mop more money

Last Updated: Saturday, February 28, 2015, 15:47

The Finance Minister Arun Jaitley on Saturday announced a series of steps to broaden the tax base to garner more receipts.

Budget 2015: Indirect tax implications

Last Updated: Saturday, February 28, 2015, 14:27

Though Finance Minister Arun Jaitley most indirect taxation proposal untouched, he did roll out a few changes along with allocations for a few key projects.

Govt meets 68.6% of indirect tax collection target in April-January

Last Updated: Thursday, February 12, 2015, 21:49

The government on Thursday said it has collected Rs 4.27 lakh crore, or 68.6 percent of budget target for indirect tax, in the April-January period of this fiscal.

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.

States to get 1-year grace period for implementing GST

Last Updated: Tuesday, December 30, 2014, 18:03

States will get one-year time to implement the provisions of Goods and Services Tax (GST) after introduction of the new indirect tax regime from April 2016.

All states in favour of early roll-out of GST: FM

Last Updated: Friday, December 26, 2014, 18:15

All states are in favour of early roll-out of Goods and Service Tax (GST), Finance Minister Arun Jaitley said on Friday.

Direct tax collections rise 5.67% during Apr-Nov

Last Updated: Tuesday, December 23, 2014, 19:01

The government's direct tax collections during April-November of this fiscal rose 5.67 percent to Rs 3.29 lakh crore over the same period a year ago.