Only luxury and 'sin' items could be left in highest slab. 12 and 18 per cent slabs could be merged in the future
India worked in close partnership with the World Bank to improve its position, says NITI Aayog CEO Amitabh Kant.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Why should India buy olives from Europe when it could do so from the world's largest producers?
Inter-state supply may come under GST composition
Tax experts are nudging the authorities to figure out why so many assessees are not filing their returns.
Bidders have to deposit a security fee of Rs 25 crore as well as minimum guarantee fee.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
Deadline ends, after two extensions and only 70% file detailed return for July
From Swachh Bharat to spearheading the Make in India campaign, the PMO seems to be at the centre of all policies, writes Nivedita Mookerji.
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
A corpus of Rs 20,000-30,000 crore is under consideration, to narrow the input tax credit cycle and facilitate their working capital requirements.
The theme of the reshuffle is to fulfill Modi's earlier promise of 'maximum governance, minimum government.' Some key ministries are likely to be merged.
The chief statistician feels there should be a rebound after companies integrate and adopt the GST system
The income tax department has a steep collection target of Rs 9.8 lakh crore during 2017-18, rising 15.7 per cent from a year ago.
Apart from Modi, Jaggi Vasudev to address 2-day tax officers' conference
Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
Corporates understand that the PMO drives all key decisions in this government.
After initiating stern action against 331 companies, the market regulator seems willing to revoke its stringent restrictions for some entities.
Steps such as safeguard duty in the works to plug the route
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