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Tax Reforms

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GST is a 'brahmastra' for GDP, Cong should rise up to the national call, says Assocham

Nov 27, 2015

GST is a 'brahmastra' for GDP, Cong should rise up to the national call, says Assocham

Sunil Kanoria also suggested for an empowered infrastructure dispute resolution mechanism. #Congress #BJP #ASSOCHAM #GST #NDA #Tax reform #Parliament Winter Session
Report on uniform GST rate by month-end; CBEC member says roll-out possible next year

Sep 16, 2015

Report on uniform GST rate by month-end; CBEC member says roll-out possible next year

The final GST rate would be decided by the GST council, which will be headed by the Union Finance Minister and have state Finance Ministers as members #NewsTracker #Tax reform #revenue neutral rate #GST rate
New Income Tax Reform forms to be far more simplified, says Arun Jaitley

May 16, 2015

New Income Tax Reform forms to be far more simplified, says Arun Jaitley

The controversial new income tax return forms, which had been put on hold, will be "far more simplified", Finance Minister Arun Jaitley said on Saturday, but kept the suspense on if the requirement of disclosing all bank accounts and foreign travels will be retained. #Finance minister #NewsTracker #TheySaidIt #Arun Jaitley #Income Tax Reforms #Business #India
Budget 2015: Industry hopes for clear GST roadmap but politics may be a stumbling block

Feb 19, 2015

Budget 2015: Industry hopes for clear GST roadmap but politics may be a stumbling block

The implementation of GST may get delayed, if the passing of the Constitution Amendment bill in the budget session hits a roadblock #GST #VAT #Tax reform #indirect taxes #Budget2015 #Finance Budget 2015
Firms may have to undergo dual audits under GST; it is not a fair system

Jan 27, 2015

Firms may have to undergo dual audits under GST; it is not a fair system

Revenue neutral rate is not the rate at which GST will be implemented; it only gives a sense of what the revenue implications could be under various scenarios, says Kavita Rao of of the National Institute of Public Finance and Policy #GST #Tax reform #Kavita Rao #National Institute of Public Finance and Policy #NIPFP #revenue neutral rate
Economic Survey: GST to be major milestone in indirect tax reform

Jul 09, 2014

Economic Survey: GST to be major milestone in indirect tax reform

According to the Economic Survey, GST will be the major milestone in the indirect reform in India that can improve the ease of doing business and promote efficiency. #Arun Jaitley #GST #Tax Reforms #Economic Survey 2014 #Budget 2014
Economic Survey: GST to be major milestone in indirect tax reform

Jul 09, 2014

Economic Survey: GST to be major milestone in indirect tax reform

According to the Economic Survey, GST will be the major milestone in the indirect reform in India that can improve the ease of doing business and promote efficiency. #Arun Jaitley #GST #Tax Reforms #Economic Survey 2014 #Budget 2014
BJP asking right questions: Abolish all taxes barring IT and GST

Jan 09, 2014

BJP asking right questions: Abolish all taxes barring IT and GST

India can provide a good government with 12 percent tax-GDP ratio. For this, we can abolish all taxes barring income tax and GST. #Tax Reforms #The Tax Axe #AAP #BJP Tax Plan
Go ahead, Mr Modi: here's the case for abolishing income tax

Jan 06, 2014

Go ahead, Mr Modi: here's the case for abolishing income tax

Income tax is worth abolishing. The gains may be more than losses once it is done well. The BJP would be wise to take the plunge and not tinker at the edges of tax reform #BJP #Narendra Modi #Income tax #Tax Reforms #Expenditure Tax