Taxes 2017

Union Budget 2017: Only 76 lakh Indians declared income over Rs 5 lakh

Finance Minister Arun Jaitley on Wednesday placed before Parliament some revealing data indicating that India's direct tax collection is not commensurate with the income and consumption pattern of the economy.

Budget 2017: Govt may cut personal income, corporate tax rates to boost economy

Among the measures expected, the finance minister may look at putting in more cash in the hands of individuals by reducing the personal income tax slabs

Tax payer hopes from Budget 2017 soar; with ball in Arun Jaitley's court, will he score a goal or self-goal?

The government should consider providing benefits to tax payers directly in many ways ; this will be an incentive for people to show their real income and will help widen tax base

For ease of doing business in India, MNCs need simple rules, not high-pitched Safe harbour rules

A balancing act is clearly the need of the hour to ensure multinational enterprises do not face trade barriers where no one wins if businesses lose

Budget 2017-18 may look to soften note ban woes by tax relief

Tax experts and economists said Jaitley may hike the service tax (currently at 15 per cent) to align with the GST regime.

Arun Jaitley may raise service tax to 16-18%; brace for higher phone, hotel bills

While service tax until now is a central levy, it will be equally split between the Centre and states under the new GST regime.

From growth trend to black money menace: 10 parameters to assess Arun Jaitley's 2017 budget

The government no more enjoys the luxury of being able to initiate harsh reform measures as it is hardly a couple of years away from the 2019 polls.

Expect GST roadmap in Budget and some indirect tax changes to align with tax reform

Investors brace for transaction tax hike, less friendly Budget

Among expected measures are a hike in a transaction tax on stock derivatives trading and a less beneficial approach to long-term capital gains tax exemptions, according to analysts.

Budget 2017: FM may cut taxes, lack of indirect-tax data may make it tough

Jaitley may in his February 1 Budget propose some changes in indirect tax rates on some products and services till such time that the GST takes over