Arun Jaitley promises global investors 'fairest, predictable' tax regime

Last Updated: Monday, September 14, 2015, 17:16

Finance Minister Arun Jaitley Monday assured global investors of the "fairest and predictable taxation regime" as he invited them to invest in various sectors, including infrastructure, manufacturing and defence.

Very optimistic on passage of GST, other bills: Sitharaman

Last Updated: Friday, August 14, 2015, 17:28

Government on Friday said it is 'very optimistic' of getting the much stalled reform bills like GST passed in Parliament despite strident disruptions by the Congress seen in the just ended Monsoon Session.

Govt will find out alternative ways to implement GST: Goyal

Last Updated: Friday, August 14, 2015, 15:41

He ruled out Ordinance route for GST, saying constitutional amendments cannot be implemented by Ordinances.

GST rate at 20% good for industry, consumers: Experts

Last Updated: Thursday, July 23, 2015, 15:44

The GST rate of 20 percent, as suggested by a Parliamentary Committee, would benefit the industry and will also not be a burden on consumers, experts say.

'Centre, states working to meet GST roll out deadline'

Last Updated: Wednesday, July 22, 2015, 20:00

The Centre and states are taking administrative steps to meet the April 1, 2016 deadline for roll out of the Goods and Services Tax (GST), Finance Ministry said Wednesday.

Global tax regime must protect developing nations: India

Last Updated: Sunday, July 19, 2015, 00:27

India has pitched for a global tax regime built into the UN process, rather than being looked at from the point of view of rich countries, in a bid to curb illegal financial flows from the developing world running into some $200 billion annually.

Congress to file dissent, as Parl panel readies report on GST bill

Last Updated: Friday, July 17, 2015, 18:56

The Committee, headed by Bhupender Yadav, is likely to finalise its report in the next meeting on Monday.

Indian businesses turn sceptical on PM Modi's landmark tax reform

Last Updated: Thursday, July 2, 2015, 09:27

Companies are equally worried that the reform does not extend to real estate, one of the biggest revenue generators for the states, leaving them still subject to state taxes on plant and property, possibly including machinery.

India Inc needs be active before finalisation of tax proposals

Last Updated: Friday, June 19, 2015, 15:58

"The senior functionaries in government engaged and involved with policy making are much more receptive in modern times as compared to 15-20 years ago and therefore, can suitably accommodate industry's inputs along with its perspective in the final policy document to plug possibilities of faltering and making unintended mistakes," he said.

FinMin sets up two panels for roll out of GST from April 2016

Last Updated: Wednesday, June 17, 2015, 19:31

Gearing up to roll out GST from April 1, 2016, the Finance Ministry on Wednesday set up two committees to suggest tax rates and look into IT preparedness for the new indirect tax regime.

States to submit views on GST to Rajya Sabha Select Committee tomorrow

Last Updated: Monday, June 15, 2015, 14:29

States are pressing the Centre for compensating them fully for the loss of revenue in the first five years of GST replacing their taxes.

Government asks top taxmen to ideate for widening tax base

Last Updated: Sunday, June 14, 2015, 13:08

The unique move comes in the backdrop of the government recently asking the I-T department to take urgent steps to widen the tax base and add at least 25 lakh new assesses every month during the current financial year 2015-16.