Standard deduction for employees: Arun Jaitley's Budget gift is a backhanded relief to salaried class
It is the salaried class which needed the finance minister’s sympathy, if not indulgence.
Simplification of GST compliances would result in higher number of returns filed, increased collection of revenues, CII said
The focus will shift to the GoI’s ability to maintain its fiscal deficit under control as it continues on its path of fiscal prudence.
The taxpayers would be glued to their televisions and electronic devices to see what the FM will present them on Budget day
Favourable policies and enabling environment will help boost the tourism sector which is one of the key drivers in terms of employment generation and inclusive growth
The implementation of Goods and Services Tax (GST) has been a bumpy road so far, sending businesses and revenue collections into a tailspin.
If rendering noble services can beget one income tax exemption, there could other claimants for this honour
The yields on government bonds have surged by more than 100 basis points (100 basis points is equal to 1 percent) since August 2017.
Payment of Gratuity Amendment Bill 2017 is likely to be passed in the forthcoming Budget session, which will make formal sector workers eligible for tax-free Rs 20 lakh gratuity
The government on Wednesday said it has decided to make additional borrowing of Rs 50,000 crore this fiscal through dated securities, a move that may put burden on the fiscal deficit target of 3.2 percent of GDP
The government has only four months of indirect tax collection data to base its revenue estimates and growth projections for the budget scheduled on 1 February, 2018