While number of commitments inched up in 2015, its value slipped 23% to 11-year low.
FinMin officials say an announcement could be made in the Budget.
'Everyone confuses GDP to be a measure of output, when it is actually a measure of income.'
The panel's recommendations will be aimed at making a predictable and non-adversarial tax regime in the economy.
Changes in threshold not to have a significant revenue impact, say officials
The Lok Sabha has already passed the Bill.
Monetary incentives under Skill India to small entrepreneurs, capital infusion into technology fund to help businesses expand operations
US retail major is in talks with Flipkart, Snapdeal, ShopClues and Grofers for partnership.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
Ministry considering tax sops for India's first global financial centre, steps to liberalise futures and options markets.
This would include state capitals and 53 cities with a population of 10 lakh each.
The states will be asked to tap the Centre's JAM trinity.
Excise exemptions may be whittled in Budget to offset higher govt salaries, pensions
Economists have cautioned that any deferment of the government's fiscal goals would prove counter-productive and raise the interest payment burden.
Room for rise of up to 2 percentage points, move to help meet higher expenditure need in FY17
The GST bill's draft says tax would be levied on Maximum Retail Price
Common items between Centre and states - bread, eggs, milk, vegetables, cereals, books and salt - will continue to be exempted.
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
The norms will affect companies in pharma, energy, manufacturing, software sectors.
The Central Board of Direct Taxes is set to rationalise I-T rules.
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