The list of exempted goods from central excise duty has shrunk from 400 items in 2011-12 to 300 now.
Make In India and the reduction in barriers of trade will potentially create a growth environment.
The states have unanimously pitched for sole administrative powers to carry out assessment, scrutiny and enforcement for entities up to an annual turnover of Rs 1.5 crore.
As she steps down, a look at the top two contenders -- Vijay Rupani and Nitin Patel -- who could become Gujarat's next chief minister.
The Congress, however, said it wanted to see the final print on the wording of the dispute resolution mechanism before committing its support to the Bill
The disagreement between the Centre and states continued over administrative powers.
Non-compliance, underreporting or misreporting will attract a penalty of 50-200 per cent. The authorities may during assessment even tax assets that are 15-20 years old
Many see Nirma's Lafarge deal as some kind of second coming for the Patels.
Tata Motors ended the year selling 21,012 Nanos, up from 16,901 in FY15.
In the first tranche, the department will send out letters in 100,000 cases where the money spent is at least Rs 1 crore (Rs 10 million) each a year.
Now with 13-14 million-tonne capacity, Nirma will emerge as a serious player in India's cement landscape.
Karsanbhai Patel's risk-taking abilities are on display once again.
Droom has seen aircraft such as the Falcon, Hawk and Cessna being rented.
Asked about the Congress's opposition to the GST Bill, Santosh Kumar Gangwar said no party opposes GST outside Parliament.
If the new regime is introduced in 2017, the govt may lose out on cess, surcharge
Those evading taxes could soon find tax officials at their doorstep, with a rather insightful account of their big purchases.
The traditional Indian desserts market is around Rs 40,000-45,000 crore (Rs 400-450 billion).
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
The percentage of non-standard quality drugs in the state has been in the range of 2-2.5% as compared to an all-India average of 5-6%
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.
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