The Institute of Chartered Accountants of India ( ICAI ) has donated Rs. 70 lakhs to the Kerala Flood Relief Fund. In the month of Aug 2018, the floods in the state of Kerala caused
Budget advancement for efficient resource utilization; due care will be taken as it comes ahead of polls, says Finance Minister. Addressing floor leaders of parties in the Rajya Sabha and Lok Sabha here today, ahead of
64275 declarations filed under IDS-2016 up to the midnight of 30th September, 2016 The Income Declaration Scheme, 2016 came into effect from 1st June, 2016. It provided an opportunity to persons who had not paid
Base erosion and profit shifting (BEPS) refers to corporate tax planning strategies used by multinationals to "shift" profits from higher-tax jurisdictions to lower-tax jurisdictions or no-tax locations where there is little or no economic activity, thus "eroding" the "tax-base" of
The Goods and Services Tax ( GST ), with its historic rollout, promised to change the conventional methods prevailed in the old tax regime. One of the key objectives of the GST was the removal
There is need for out of box thinking, says Financial Minister Arun Jaitley. The Union Finance Minister Arun Jaitley said that the current Financial Year 2016-17 is not a conventional year as many major reformative
The Union Finance Ministry, headed by Finance Minister Arun Jaitley has invited suggestions for the next union budget as part of the Government’s mission to promote and encourage transparency and Jan Bhagidari. The people are
Dynamic nature of the Indian economy and availability of technology tools has impacted the functioning of all the Departments including the nature of Tax Administration, says Jaitley The Union Minister of Finance and Corporate Affairs,
1. The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017. 2. Total allocation for Agriculture, Farmers’ welfare and Irrigation set
Allaying apprehension of spike in prices of goods and commodities under, Finance Minister the new indirect tax regime, GST, Arun Jaitley today said the tax rates will be kept at the current levels so as
In a move to promote cashless economy, the Government decided to withdraw service charges on railway e-tickets booked through irctc website. As per the new proposal by the FM Arun Jaitley, all e-tickets booked through
Ministry of Finance has released a draft bill of Goods and Services Tax Bill (GST Bill) today for wider consultation in the public. The draft was released in the meeting of finance minister Arun Jaitley
The Budget session of Parliament to be start from January 31st 2017. The Finance Minister Arun Jaitley will present the Union Budget 2017-18 on 1st February. In an official notification, President Pranab Mukherjee has summoned the Rajya Sabha
The Finance Minister Arun Jaitley on Tuesday, reportedly hinted at lower tax rates, both in the income tax and other taxes regime. Despite several falls and difficulties,the government has managed brought a part of unaccounted
The Union cabinet today approved a proposal to convert the Goods and Services Tax Network ( GSTN ) into a Government owned entity. This was stated by the finance Minister Arun Jaitley. 50 per cent
