GST deadline: Early winter session holds key for states' nod

Last Updated: Sunday, September 13, 2015, 10:36

It appears to be a race against time as the government mulls convening an early Winter Session of Parliament to ensure rollout of the ambitious nationwide indirect tax regime GST by April next.

States inching towards GST, says K M Mani

Last Updated: Friday, June 5, 2015, 13:36

The Committee is in the process of discussing and arriving at consensus on large number of issues of GST, he said.

Service Tax: Penalty norms encouraging voluntary compliance

Last Updated: Wednesday, June 3, 2015, 18:29

In case of voluntary payments along with interest, reduced penalty have been provided depending upon the stage of litigation i.e. Prior to issuance of show cause notice, after issuance of show cause notice but before adjudication or after adjudication.

Central excise arrears rise to Rs 59,309 cr in FY'14: CAG

Last Updated: Tuesday, May 5, 2015, 14:54

Tax arrears towards central excise rose to Rs 59,309 crore in 2013-14, from Rs 45,463 crore a year ago, government auditor CAG said on Tuesday.

Tax dues from companies at Rs 4.85 lakh crore: Finance Ministry

Last Updated: Tuesday, April 28, 2015, 15:43

Corporates owed over Rs 4.85 lakh crore approximately to the exchequer as outstanding tax demands, under direct and indirect taxes, towards the end of fiscal 2014-15, Parliament was informed on Tuesday .

Per capita income this year seen up 10% at Rs 7,378 a month

Last Updated: Monday, February 9, 2015, 22:29

In the previous fiscal, the per capita income estimated to have grown by over 12 percent to Rs 6,699 (USD 107.75) per month, government data released on Monday showed.

'Indirect tax cost, bureaucracy among trade barriers for MNCs'

Last Updated: Sunday, June 9, 2013, 21:15

The report said global firms in these countries are concerned about management of indirect taxes.

Ombudsman can help in speedy redressal of indirect tax issues

Last Updated: Wednesday, January 30, 2013, 15:29

Complaints related with refunds and rebates of indirect taxes can be resolved within six weeks times.

Experts term CBEC order "draconian"

Last Updated: Wednesday, January 9, 2013, 20:02

Terming the government decision to recover indirect taxes even when stay plea is pending in courts as "draconian", experts said the move has put the trade and industry into a quandary.

April indirect tax collection up 10.4% to Rs 33,045 cr

Last Updated: Thursday, May 17, 2012, 19:57

Collection of indirect taxes jumped by 10.4 percent to Rs 33,045 crore in the first month of the current fiscal on the back of increase in excise duty and service tax rates.