Revenue Secretary

Showing of 1 - 20 from 29 results
Revenue Secretary - Total results - 29
B2B invoices will have to be generated on centralised government portal by September to check GST evasion
Business

B2B invoices will have to be generated on centralised government portal by September to check GST evasion

The revenue secretary is monitoring the progress of implementation of electronic or e-invoice project for which an officers' committee has already been set up

Govt says rising revenue trend prompts to peg 18% rise in FY20 GST collections; plans to mop up over Rs 7.61 lakh cr next fiscal
Business

Govt says rising revenue trend prompts to peg 18% rise in FY20 GST collections; plans to mop up over Rs 7.61 lakh cr next fiscal

The collection during this fiscal would be less by Rs 1 lakh crore from the Rs 7.43 lakh crore estimated in the Budget for 2018-19.

Simplified GST return forms to be rolled out from 1 April: Revenue Secretary Ajay Bhushan Pandey
Business

Simplified GST return forms to be rolled out from 1 April: Revenue Secretary Ajay Bhushan Pandey

Revenue Secretary exuded confidence that the government will achieve the budgeted target for Goods and Services Tax (GST) collection

Revenue secretary Ajay Bhushan Pandey says excise duty hike on petroleum products needs 'analysis'
Business

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
Business

Finance Secretary Hasmukh Adhia to retire at end of November, says Arun Jaitley; Ajay Bhushan Pandey to take over

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
Business

Karnataka High Court slaps Rs 1 lakh fine on tax official: Hit them where it hurts the most

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
India

Rajeshwar Singh's scathing allegations in letter to Hasmukh Adhia highlights fracas between ED, Centre

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'
India

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
Business

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
Business

GST: Arun Jaitley's work in progress may bring India closer to universal norm of a single rate tax regime

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
Business

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
Business

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
Business

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

Technical and administrative staff in place for GST roll out: Government
News & Analysis

Technical and administrative staff in place for GST roll out: Government

The government has said that all technical and administrative arrangements are in place for a smooth implementation of the new GST regime

Kozhikode farmer ends life outside govt office after alleging harassment; two officials suspended
India

Kozhikode farmer ends life outside govt office after alleging harassment; two officials suspended

A 57-year-old farmer committed suicide outside a government office in Kozhikode alleging harassment by its staff, triggering outrage following which two officials were suspended.

GST: Industrial alcohol, ethanol to attract 18% tax; decision on stock provision rules on 3 June
Business

GST: Industrial alcohol, ethanol to attract 18% tax; decision on stock provision rules on 3 June

Various representations have been made stating that 40 percent credit given for transition stock is too less

Aadhaar card now mandatory for filing tax returns in govt's plan to curb blackmoney
Business

Aadhaar card now mandatory for filing tax returns in govt's plan to curb blackmoney

The government today proposed to lower cap for cash transactions to Rs 2 lakh from 1 April, make biometric identifier Aadhaar mandatory for filing tax returns.

Demonetisation: Who knew? Modi's black money move kept a closely guarded secret
Business

Demonetisation: Who knew? Modi's black money move kept a closely guarded secret

Overseeing the campaign, with support from the backroom team camped out at Modi's sprawling bungalow in the capital, was Adhia, a top finance ministry official.

Rs 500, Rs 1,000 ban: Small deposits won't face I-T scrutiny; Hasmukh Adhia answers all queries
India

Rs 500, Rs 1,000 ban: Small deposits won't face I-T scrutiny; Hasmukh Adhia answers all queries

People who deposit small amounts up to Rs.1.5 or 2 lakhs need not worry about Income Tax scrutiny as this amount is below the taxable income limit.

No extension of black money disclosure scheme deadline of September 30, says revenue secretary
Business

No extension of black money disclosure scheme deadline of September 30, says revenue secretary

The government in July extended the deadline for payment of tax and penalty under the black money disclosure scheme and allowed declarants to pay the amount in three instalments by September 30, 2017.