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Rates Of Union Excise Duties And Service Tax

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Pranab, Modi, Demonetisation

'Modi had not discussed demonetisation with me prior to his announcement on 8 November 2016.'I learnt of it along with the rest of the country.'I was not surprised when he did not discuss the issue......

Modi rules out single rate under GST, says Mercedes and milk can't have same tax

Prime Minister Narendra Modi on Sunday ruled out a single tax rate under the Goods and Services Tax, saying a Mercedes car and milk cannot be taxed at the same rate and accepting Congress......

Ahead of K'taka polls, Siddaramaiah rolls out sops in budget

In his pre-assembly election budget for 2018-19, Karnataka Chief Minister Siddaramaiah on Friday announced schemes for universal health coverage, providing free LPG gas connections and mitigating......

Why Modi is worried

'Too much energy these three years has been invested in turning the party into an election-winning machine.' 'To recover its mojo, the Modi government needs a more impressive set of economic......

GST becomes law as President gives assent to constitutional amendment bill

President Pranab Mukherjee on Thursday gave assent to Constitution Amendment Bill on Goods and Services Tax, a major step towards rolling out the new indirect tax regime which the Modi government......

'Rs 1.7 trillion may be GST average collection next FY'

'We crossed Rs 1.7 trillion in three months this financial year.' Illustration: Dominic Xavier/Rediff.com Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Kumar Agarwal tells......

FY24 direct tax to GDP ratio may be highest since FY01

On the back of robust tax collection, the ratio of direct taxes to gross domestic product (GDP) this financial year is likely to be the highest in this century so far. Photograph: Kind courtesy......

More Freebies In The Interim Budget?

The rising goods and services tax (GST) and personal income-tax collections may bolster the Narendra Modi government's ability to announce new schemes or enhance existing ones, reports Indivjal......

Should Nirmalaji Be Worried?

The deficit stood over Rs 8 trillion in the first seven months of the current financial year.Non-tax revenues, comprising transfers from the RBI and dividends of the public sector units, shored up......

Gross tax revenue up 2.8% at rs 8.9 trillion so far in FY24

India’s gross tax revenue, comprising both direct and indirect taxes between April and July, reported a growth rate of merely 2.8 per cent to Rs 8.9 trillion compared to the same period a......

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