Tag: Tax
Demonetisation-hit States, Industry Need More Time For GST: Mitra
Declining to set a dateline for implementing the Goods and Services Tax (GST), West Bengal Finance Minister Amit Mitra on Wednesday said demonetisation has hugely impacted states' tax revenues, while Indian industry itself required more time to prepare for the new indirect tax regime.....
Budget 2017-18: Tax Benefit Takeaways From New Budget
Finance Minister Arun Jaitley on Wednesday tabled the General Budget 2017-18 in the Parliament and here we bring for you the tax benefit takeaways from the new budget.....
Tax Sops For Individuals, Small Firms; More Money For Welfare: Jaitley
Hoping for a 17-per cent growth in taxes revenues, Finance Minister Arun Jaitley on Wednesday presented the Union Budget 2017-18, offering more money for welfare schemes, minor tax sops for individuals and small firms, with a fiscal deficit of 3.2 per cent of GDP.....
'Budget Promises Have To Match Action'
With the BJP-led government seeking to focus on the poor, youth and farmers in the budget presented on Wednesday, political analysts said promises will have to match performance for the party to reap long-term electoral dividends.....
Budget Aimed At Fulfilling Heightened Expectations Post-demonetisation
The Union Budget for 2017-18 was easily the most anticipated one in recent times. The public was seeking the government's policy stance after its bold attack on black money with demonetisation. On a related note, the market was also looking forward to the government's response to the demonetisation-induced slowdown.....
GST On Track, To Be Implemented From July 1: Finance Minister
Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST), the new indirect tax regime, was on track and July 1 was going to be its likely date of implementation.....
Modi Hopes For 'breakthrough' On GST
Prime Minister Narendra Modi has exuded confidence on the passage of the Goods and Services Tax (GST) Bill in the Budget session of Parliament which resumed on Thursday.....
Petroleum Under GST, But Will Apply After States Agree: Jaitley
Petroleum products, which will be within the purview of the Goods and Services Tax (GST) slated to be implemented from July 1, would, however, continue to be taxed as per the current taxation regime until the GST Council agrees on applying GST to these products, Finance Minister Arun Jaitley said on Thursday.....
Kejriwal Promises To Abolish Residential House Tax, BJP Criticises
Delhi Chief Minister Arvind Kejriwal on Saturday promised to abolish residential house tax if his Aam Aadmi Party (AAP) wins the civic polls in the national capital, drawing criticism from Delhi BJP President Manoj Tiwari.....
Lok Sabha Passes All Four GST Bills
India moved a step closer to becoming a unified market in line with the federalist vision of the architects of its Constitution with the passage in Parliament on Wednesday of the GST Bill, which extends pan-India except to Jammu and Kashmir for now.....
