Govt Notifies Change of GST rates on Services recommended by GST Council [Read Notification]
The Central Government today notified the change in rate of Goods and Services Tax (GST) as recommended by the GST Council in its last meeting. The Union Finance Minister Arun Jaitley Chaired the 25th Meeting of
Finance Bill would be passed by the Parliament before the 31st March, 2017, says FM Arun Jaitley
Finance Minister Arun Jaitley releases the Revised General Financial Rules (GFR) 2017. The Union Finance Minister Arun Jaitley said since this time, the Finance Bill would be passed by the Parliament before the 31st March,
Budget 2017: Finance Minister announces Reduction in Tax Rates for Small Tax Payers
In a major relief to small taxpayer and to bring more people in the tax net, the Union Finance Minister  Arun Jaitley announced a reduction in tax rates from 10 per cent to 5 per
Gold to attract 3% GST: GST Council approves Rates of Textile, Footware etc.
The 15th Meeting of the GST Council held at New Delhi yesterday fixed the rates of gold, apparels, footware, biscuits etc. The GST Council, chaired by Finance Minister Arun Jaitley and comprising state counterparts, approved 5% tax on
Budget 2018 – Live Blog
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Govt’s measures to eliminate Tax Evasion is expected to have a positive impact both on GDP and Fiscal Consolidation, says Arun Jaitley
Arun Jaitley Chairs the Sixteenth Meeting of the Financial Stability and Development Council (FSDC) held in national capital today.  The Union Finance Minister Arun Jaitley said though the world economy is quite fragile yet India
GST Rollout on 1st July Confirmed: FM Thanks All Political Parties
Asks the Members of Parliament (MPs) and MLAs of different political parties to equip themselves with the finer points of the Single Tax GST regime in order to explain the same to the people at
GST: Govt over Rs 38,000 crore as Cess
The Central Government, on Friday revealed that over Rs 38,000 crore has been collected as Cess for the period July to November under the current Goods and Services Tax (GST). The cess, which was levied
GST Rates Out: Govt Introduces Four Slab Rate for Service Tax
The GST Council today fixed the rate of tax for goods and services under the new indirect tax regime. With regard to the GST on services, the council broadly agreed on 4 tax brackets having
Cash Payments exceeding Rs. 10,000 made by Trusts and Institutions subject to TDS : FM
In order to control the cash economy and increase TDS compliance, the Union Finance and Corporate Affairs Minister Shri Arun Jaitley proposed to impose restriction on entities incurring expenditure in cash without paying tax. Presenting
CBDT launches SMS Alert Service on TDS to Salaried persons
The Income Tax Department has introduced the service of sending SMS alerts to the tax payers when their tax deducted at source. The new service was launched by the Finance minister Arun Jaitley on Monday.
Government to now focus on increasing the banks’ ability to support growth: Finance Minister
The Union Finance Minister, Shri Arun Jaitley said that Indo-US trade will get a boost due to business to business, business to Government and Government to Government interaction between the two countries. The Finance Minister
GoM finalizes New Simplified GST Return Form
The Group of Ministers (GoM), last day finalized a new simplified model for GST return under the Goods and Services Tax ( GST ). As per the new model, credit could be given on a
Budget 2017: Highlights of the President Pranab Mukherjee’s Speech
The President of India Pranab Mukherjee today addressed the joint sitting of Parliament at Central Hall ahead of the Union Budget session. Prior to President's speech, Prime Minister Narendra Modi expressed “hope for discussion on many issues” and
Jaitley misses Budget: Piyush Goyal appointed as Interim Finance Minister
Union Minister Piyush Goyal temporarily assigned charges of Finance Minister of Finance and Corporate Affairs in addition to existing portfolios. Union Minister Arun Jaitley, 66, had left for the United States on January 13 for