According to the draft, in the northeastern states the threshold is at Rs 500,000.
This gains importance in the backdrop of speculation on a second term for Raghuram Rajan.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
Raghuram Rajan is said to have informally written to select policymakers and experts, to curb 'unnecessary' speculation over his future at RBI.
The 0.5 per cent Krishi Kalyan Cess (KKC) on all services increases the total tax chargeable on services to 15 per cent, making it expensive to dine out or travel.
The income tax department on Monday released rules for equalisation levy - a tax on online advertisements that would come into effect from June 1.
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows.
Tech giant allowed to set up fully owned shops, with 30% local sourcing like everyone else.
In the previous Budget, the government had come out with a similar scheme.
Against FY17 target of Rs 56,500 cr, Centre plans to fetch around Rs 6,400 cr in the first half.
The cumulative loss of 20 state-run lenders stood at Rs 14,000 crore during Q4
The note guides taxman to avoid seeking voluminous details.
There is also a lobby within the bureaucracy that wants to see Rajan's influence curtailed
RBI governor also spoke on the ill effects of cutting interest rates too much
The action has been taken against officials harassing tax assesses.
The change may give "secure creditors" the first right to auction an asset in order to recover the dues.
Income-tax data released by FinMin after 15 years
The Bill suggests an insolvency regulator.
Environment Minister Prakash Javadekar will sign the agreement on behalf of India.
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