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The Indian government has instituted a panel to make the country’s 57-year old income tax law ‘more comprehensible’

He said that the mandate of the taskforce does not include changes to tax rates or new taxat…

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Modi administration is so confident about its re-election chances that it’s reportedly releasing a full budget for the next financial year

In an election year, the ruling administration usually releases a temporary budget, which is r…

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Black money: Government to ensure there is no washing away of past sins

The tax department will make sure that the window is not used by people who have already been red f…

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No surprises in GST rates, promises Jaitley

"Profit is not a bad word... but unfair enrichment is. And therefore the benefit of reduction …

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Winter session of Lok Sabha ends with as many as 13 bills passed amidst chaos

In the last session, she had suspended as many as 25 of the 44 Congress members for their unr…

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‘Visionary’ Indian govt is doing away with 5-year plan, to come up with 15-yr National Development Agenda

In the past, the five-year plan drew criticism over lack of long term vision. Meanwhile, reportedly…

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FM Arun Jaitley takes a dig at Vijay Mallya, says banks should ensure no defaulter gets away

Amid a raging row over recovery of soured debt from tycoon Vijay Mallya, Finance Minister Arun Jait…

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BJP mocks Rahul Gandhi’s claim of pressuring govt to withdraw tax on EPF, says pass GST and take credit for it too

Jaitley also hit out at the Congress, saying the party did nothing for social security for people w…

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Lok Sabha passes GST Amendment Bill, paving way for GST Bill in Parliament soon

In a big move in the Parliament today, the Lok Sab has finally passed the GST Amendment Constitutio…

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Arun Jaitley confident of GST Bill in Budget 2016

“Half way through the next session, the numbers of the Upper House are also going to change. So I…

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Raghuram Rajan just pointed out the one big dampner that’s keeping foreign investors away from India!

Saying there is a need for more optimal use of the monetary policy tools globally as the world is i…

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Here’s why Arun Jaitley wants GST to be implemented from July 1

Jaitley said if the bill is not passed and GST is not rolled out from July 1, the Centre and the st…

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What India's real estate sector is expecting from Arun Jaitley's Budget 2017

One of the key initiatives for the residential market is the Prime Minister's campaign of Housing f…

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Jaitley confident of April 1 deadline of GST rollout; state’s consensus not reached yet

As the centre is all set to make GST operational by next April and discard the traditional tax levy…

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Here’s how difficult the GST process was for the Modi government

Decoding the puzzle that GST was for the Modi government

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Delayed GST better than flawed GST: FM Arun Jaitley

"A delayed GST is better than a flawed GST," he said. However, the Minister added that the gov…

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Keep your Aadhaar number ready while filing income tax return

Jaitley said making Aadhaar number mandatory will curb tax evasion and frauds. "Aadhaar has biometr…

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Foreign Investment Promotion Board might be scrapped! FDI to be free of all govt controls

The department of economic affairs (DEA) has passed a draft Cabinet note for inter-ministerial cons…

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Arun Jaitley says GDP growth can reach 10%

“I do believe that India's growth potential is not 7, 7.5 or 8%. In given scenario, if all these de…

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Arun Jaitley-led Council fixes GST rates. What Next? Find out here

Jaitley said the GST will convert India into one economic market with one uniform tax rate and will…