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India's light combat helicopter ready for high-altitude operations

The Light Combat Helicopter is heavily armoured to protect its two pilots from enemy fire, and has a 'stealthy' fuselage that is hard to detect with radar. Ajai Shukla reports Since April......

Stormy monsoon session ends, key legislations delayed

The stormy monsoon session of Parliament came to an end on Thursday, becoming a virtual washout and delaying legislations, including the crucial Goods and Services Tax Bill, which could not be......

Congress a liability on economy: Jaitley after GST drama

The government’s attempts to push through the Goods and Services Tax  Bill in Rajya Sabha on Tuesday were stalled by the Congress disrupting the House, inviting angry reactions from......

Report on uniform GST rate by month end

The government panel set up to suggest a uniform rate of indirect tax under the Goods and Services Tax regime will submit its report by this month-end and the roll out of the reform measure is......

Govt misses tax collection target by Rs 2,288 cr in FY15

Government has missed the overall revised tax collection target for both direct and indirect taxes by Rs 2,288 crore or Rs 22.88 billionin the financial year 2014-15. "Gross Tax Collections at Rs......

Lay retrospective tax claims to rest: Experts

The retrospective application of capital gains tax on indirect share transfers will haunt companies till it is resolved through changes in the law, say tax experts. The Rs 10,247-crore (Rs 102.47......

It's a taxing time for India's growth

If GDP growth is to be measured at market prices, indirect tax revenues will play a crucial role, never mind what the government eventually does with them, notes T C A Srinivasa-Raghavan If you......

GST Bill gets Cabinet nod

The GST will subsume most of the indirect taxes like excise duty and service tax The Cabinet on Wednesday approved the Constitution Amendment Bill on Goods and Services Tax (GST), clearing the way......
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CPI cadres stage protest

Comment · print · T T T+· T- Communist Party of India cadres staging a demonstration in Ramanathapuram on Monday.— Photo: L.... ...
Govt stares at tax shortfall, but confident of meeting fiscal deficit target

NEW DELHI: The government is staring at a revenue shortfall of around 5% in the current financial year but is confident of meeting the fiscal... ...
Subsidies slide to 1.6 per cent of GDP

Comment · print · T T T+· T- - PHOTO: Shanker Chakravarty While many commentators expressed doubt, we have simultaneously achieved 10... ...
Govt admits to slower growth than projected

Halfway through the financial year, the government on Monday admitted that economic growth will be slower than the projected 8.5 per cent. The... ...
7th Pay Commission award will not impact fiscal deficit target

The government on Monday made a solemn pledge to stick to the fiscal deficit target of 3.9 per cent of GDP, despite an expectation of a slight... ...

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Coming to India and making

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