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January 11, 2018
New Delhi, May 24, 2017
Earlier in February, Finance Minister Arun Jaitley had announced that the FIPB would be abolished in financial year 2017-18. The Finance Minister was speaking in the Lok Sabha during annual budget presentation.
New Delhi, April 6, 2017
The GST is one of the most significant reforms since India opened its economy in the early 1990s that will subsume a host of indirect taxes levied by the Centre and states, including excise duty, VAT, service tax, entry, luxury and entertainment levies.
New Delhi, March 2, 2017
Airtel chief Sunil Bharti Mittal had called Mukesh Ambani's promotional offers as 'predatory'. \"There is an impact on the whole industry. Anything being offered free would have an impact on revenue and margins. This is unfair competition,\" Sunil Mittal had said.

Anand Adhikari
Delhi, November 12, 2016
Prime Minister Narendra Modi's shock announcement to demonetise the Rs 500 and Rs 1,000 currency overnight was primarily aimed at catching those who hoard black and illegitimate money in these denominations off-guard. The sudden announcement and its implementation within four hours of the speech may have prevented flight or conversion of such money into other asset classes, but it has also resulted in a lot of collateral damage.

New Delhi, July 24, 2016
Asking people to come clean on unaccounted wealth and live with \"heads held high\", Finance Minister Arun Jaitley on Saturday said government is aware of sectors generating black money but it would be unpleasant to start the \"big brother watching\" process.

Dipak Mondal
Delhi, May 25, 2016
Even as Vodafone and Cairn India tax disputes rear their heads again, forcing many to question the government's commitment towards making India's tax laws non-adversarial, Business Today caught up with Hasmukh Adhia, and asked him about the many tax issues the country is facing.

Mail Today Bureau
May 13, 2016
The revision provides for 10 per cent tax on gross basis for fees for technical services (FTS) in the source state, according to the text of the treaty amendment, which was signed on Tuesday. So far, a company or entity was deemed to have a permanent establishment (PE) in India if it had a place of business or site or office building or factory workshop.

BT Guest Columnist
May 12, 2016
On 10 May 2016, India and Mauritius have signed the Protocol for amending the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains.

New Delhi, February 17, 2016
It is necessary to phase out tax exemptions to provide a level playing field to domestic manufacturing companies so that Make in India can become a success, finance ministry said.

New Delhi, November 2, 2015
FM Arun Jaitley said the Regional Centre for South Asia is going to be discussed in the meeting in order to strengthen international cooperation with regard to money laundering and tax evasion.

November 2, 2015
The three-day conference would attempt to identify the best practices of international organisations for cooperation on illicit financial flows.

New Delhi, October 11, 2015
Vodafone chief's meeting assumes significance as the Finance Ministry is yet to take a call on filing an appeal in the transfer pricing case in the Supreme Court.

New Delhi, October 9, 2015
Finance Ministry said it will study the Bombay HC order which favoured Vodafone in the Rs 8,500-cr transfer pricing case and then decide on its future course of action.
New Delhi, August 5, 2015
Revenue Secretary Shaktikanta Das said there was no assurance of confidentiality but the Income Tax Department will not disclose the information without any reason.
Ahmedabad, May 27, 2015
With Switzerland making public names of some Indians with Swiss accounts, Finance Minister of India, Arun Jaitely on Tuesday said the era of tax haven has come to an end and it is no longer safe to keep assets abroad illegally.
Mumbai, May 15, 2015
About 111 tonnes gold was imported in April.
New Delhi, March 4, 2015
The new law will not only target the perpetrator of the crime, but also the \"arbitrator, the abettor and the beneficiary\", Revenue Secretary Shaktikanta Das said.
New Delhi, January 7, 2015
Excise duty has been reduced for small cars & two-wheelers (12% > 8%), large cars (27% > 24%) & midsegment cars (24% > 20%) #MakeInIndia, said the tweet.
New Delhi, December 17, 2014
The government is re-negotiating bilateral treaties to limit tax benefits to genuine investments and curb the routing of domestic money to safe havens abroad.

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