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Note ban 'most terrible' decision of Modi government: Chidambaram

Opposition in Rajya Sabha on Thursday tore into the government for presenting a “disappointing” budget, with Congress leader P Chidambaram terming note ban as the “most......

How our netas reacted to the Budget

Following the Budget being announced by Finance Minister Arun Jaitley, leaders across the political spectrum provided their views.  IMAGE: Finance Minister Arun Jaitley arrives at Parliament......

Tax reduced to 5% on income of Rs 2.5 lakh-5 lakh

However, earners in between Rs 50 lakh and Rs one crore will have to pay 10% surcharge, reports Indivjal Dhasmana/Business Standard. The Budget provided relief on a personal front,......

Budget may give FPIs relief from tax on indirect transfers

Indirect transfer provisions were introduced in 2012 to handle the taxation of transactions wherein share transfers happened abroad, although the underlying assets were Indian.   It appears......

Tax collections avert cash crunch blues

'While collections under the Income Disclosure Scheme explain it partly, indirect tax numbers not showing any effect of the withdrawal of high denomination currency notes was puzzling,' reports......

5 hurdles to implement the GST

GST is a landmark reform considering the sweeping changes it brings about in the indirect tax regime in India but faces several changes. The Constitution (122) Amendment Bill enabling the......

'Moving to GST regime will be beneficial for economy'

  The GST Bill, which intends to convert 29 states into a single market through a new indirect tax regime, was earlier planned to be introduced from April 1 this year, but the deadline was......

Govt unearths indirect tax evasion of Rs 50,000 crore in 2 years

  As much as Rs 50,000 crore or Rs 500 billion of indirect tax evasion and another Rs 21,000 crore or Rs 210 billion of undisclosed income has been unearthed by the government in the last......
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Govt notifies protocol amending tax treaty with Israel

The government has notified the protocol amending the India-Israel tax treaty to provide for exchange of information on tax matters including bank... ...

http://www.business-standard.com/article/pti-stories/govt-notifies-protocol-amending-tax-treaty-with-israel-117022100798_1.html
FPIs pour Rs 9,500 cr in capital markets in Feb so far

Overseas investors have pumped in over Rs 9,500 crore (USD 1.4 billion) into the country's capital markets this month so far, enthused by clarity... ...

http://www.business-standard.com/article/pti-stories/fpis-pour-rs-9-500-cr-in-capital-markets-in-feb-so-far-117021900154_1.html
There was expectation that the GST Council will approve

the C-GST, S-GST and I-GST laws to enable the new indirect tax regime to roll out from July 1 but while there was a broad agreement, legal language... ...

http://www.dnaindia.com/money/report-there-was-expectation-that-the-gst-council-will-approve-2327502
GST's IT infra firm under scrutiny for tax evasion

The Goods and Services Tax Network (GSTN) that is creating the IT backbone for the new indirect tax regime, is under scrutiny for probable tax... ...

http://www.prokerala.com/news/articles/a719723.html
Sensex Trades on a Positive Note; HDFC Bank Hits All-time High

Posted by Equitymaster After opening the day on a positive note, share markets in India have continued to trade strong and are trading comfortably... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/b7dzohQseAI/tm.asp

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