Value added tax (VAT) principle should apply to stamp duty on immovable properties
Economic Survey 2018 reveals low tax collections at panchayat level are challenge to fiscal federalism
Economic Survey says panchayats received 95 percent of their revenues from devolved funds from centre/state, while generating only 5 percent from own resources
As per Economic Survey analysis, new filers reported an average income, in many cases, close to income tax threshold of Rs 2.5 lakh
Economic Survey 2017-18 uncovers 10 new facts about economy, says 1.8 mn direct tax filers added since note ban
Economic Survey says India's firm export structure is substantially more egalitarian than in other large countries
Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the government to lower taxes, give incentives to local manufacturing and increase customs duty on imports
Budget 2018: Hope Arun Jaitley fulfils promise to reduce corporate tax rate to 25%, says Harsh Goenka
If PM Narendra Modi’s Aap hans kyon nahi rahe question to Indian CEO’s at Davos is any indication, there may be unexpected surprises for the corporate sector.
A low income employee may be defined to be the one whose gross salary income is not more than Rs 15 lakh.
Buoyed by the success with Foreign Portfolio Investors, the Modi government must now start taxing domestic investors also.
Bad loans worth more than Rs 8 trillion (as on September 2017) has brought banking activity to a standstill especially for public sector banks
With rise in personal disposable income post 7th Pay Commission, the income tax exemption limit needs to be raised by Rs 50,000 to Rs 3 lakh, a SBI report said
About 48 percent respondents said they expect finance minister Arun Jaitley to lower corporate tax rate to 25 percent in Budget 2018
The only senior citizen-specific provision in section 80C can be health-related.
The survey includes the views of 150 CFOs, tax heads, and senior finance professionals and was conducted in January.
The CII has proposed to rationalise the Dividend Distribution Tax (DDT) rate to 10 percent
The government has already announced that rural India and infrastructure as the focus areas in the upcoming budget.
India’s economy won’t significantly benefit from the GST until after next fiscal year, according to a slim majority of economists polled by Reuters, but almost half said rewards might come sooner
Less than expected revenue collections from GST has put the government in a tight spot and the budget math this year will be a tricky affair
Absence of a standard deduction puts the salaried taxpayers at a disadvantage particularly when the inflation is all pervasive in the economy
Budget 2018: Maternity benefits, low income taxes and agri infrastructure should be high on Arun Jaitley's agenda
There's a lot of pressure on Finance Minister Arun Jaitley to deliver in the upcoming Budget 2018-19. Will he chose politics over the economy, or find a way to keep both happy?
Secondary steel industry body All India Induction Furnaces Association (AIIFA) has urged the government to remove 2.5 percent import duty on steel melting scrap in the upcoming budget.