Revenue Secretary
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Revenue secretary Ajay Bhushan Pandey says excise duty hike on petroleum products needs 'analysis'
•In face of mounting public pressure, the Centre had in October cut excise duty by Rs 1.50 per litre on both petrol and diesel
Finance Secretary Hasmukh Adhia to retire at end of November, says Arun Jaitley; Ajay Bhushan Pandey to take over
Fp Staff •In a Facebook post titled 'Dr. Hasmukh Adhia retires', Arun Jaitley said "he was unquestionably a highly competent, disciplined, no-nonsense civil servant.
Karnataka High Court slaps Rs 1 lakh fine on tax official: Hit them where it hurts the most
Muralidharan •The Karnataka High Court has ordered the high-handed and willfully defiant service tax official to cough up a hefty Rs 1 lakh as fine from out of his personal sources i.e. without burdening the department.
Rajeshwar Singh's scathing allegations in letter to Hasmukh Adhia highlights fracas between ED, Centre
Fp Staff •ED not only contradicted govt's submission in the court, it went a step further and came out all guns blazing by demolishing content of 'secret report' against Rajeshwar Singh and vouched for impeccable integrity.
ED Joint Director Rajeshwar Singh attacks Revenue Secretary Hasmukh Adhia, asks if he is 'siding with scamsters'
•Rajeshwar Singh, a joint director in the Enforcement Directorate who probed the 2G scam and Aircel Maxis case, has made a scathing attack on Revenue Secretary Hasmukh Adhia
Cabinet clears setting up of National Anti-Profiteering Authority for speedy redressal of GST related complaints
•GST Council had last week decided to slash tax rates of over 200 items in the GST regime
GST: Arun Jaitley's work in progress may bring India closer to universal norm of a single rate tax regime
Muralidharan •it is impossible to achieve the ideal of a single unified GST given the strong federal character of the nation
GST rate cut: Centre asks states to ensure benefits are passed on to consumers; to monitor changes in MRP
•Ram Vilas Paswan says companies would be required to paste stickers of MRP with new GST rates on products
GST impact: Rental income from residential property beyond Rs 20 lakh to attract tax
•While the rental income received from residential house is exempt, income of more than Rs 20 lakh from renting or leasing for commercial purposes to attract the GST
GST launched: Govt asks traders to issue advertisement about price hike post new tax regime
•The government on Friday asked traders and businesses to immediately issue advertisements informing the public about increase in maximum retail price (MRP) on mass consumption products post implementation of GST