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Tamil Nadu Finance minister D. Jayakumar. (Photo: File)

GST bill to be introduced in June 14 session of Tamil Nadu Assembly

GST on entertainment sector should be kept at 12 per cent so that the local bodies could also levy their own tax.

11 Jun 2017 5:23 PM IST

The tweet was later removed amid suggestions the airline had released the information prematurely. (Representational Image)

With GST, airlines might face taxation air pockets

Government has not given any tax relief with regard to import of aircraft and its spare parts.

11 Jun 2017 12:34 PM IST

Article 246 says every state can levy a GST.

Indian businesses ill-prepared for GST transformation

Industries are on strike, others are facing an avalanche of paperwork, while some retailers remain confused.

29 Jun 2017 1:53 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI, IIP, Q3 data major deciders of market this week

MPC of the central bank will take a call on whether to reduce rates at its next policy meeting on February 8.

5 Feb 2017 10:42 AM IST

The department feels its January 2016 final assessment order raising a tax demand of Rs 10,247 crore.

I-T dept to challenge ITAT relief to Cairn Energy in Hc

Cairn has already initiated international arbitration against the tax demand and freeze on Cairn India shares.

23 April 2017 4:38 PM IST

UIDAI is the nodal body responsible for rolling out Aadhaar

SC slams Modi govt , asks why it has made Aadhaar mandatory?

Govt last month made quoting Aadhaar details compulsory for filing I-T returns and applying for PAN card.

21 April 2017 12:59 PM IST

The short-term capital gain of Rs 24,503 crore at the hand of CUHL was confirmed by income tax tribunal ITAT in March.

Cairn created maze of subsidiaries, taxed Rs 10,247 crore

The income tax department, documents showed, calculated the cost of acquisition as 251.22 million pound.

25 Jun 2017 2:01 PM IST

Farmers throw vegetables on a road during a protest as part of the Maharashtra bandh over various demands in Nagpur, Maharashtra. (Photo: PTI )

Farmer protests push for rise in edible oils import tax

Farmers are demanding better prices for their produce and billions of dollars in debt relief.

22 Jun 2017 1:08 PM IST

The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.

Direct tax collections rise 14 pc to Rs 4.8 lakh cr in Apr-Nov

Gross collections have increased by 10.7 per cent to Rs 5.82 lakh crore during April-November, 2017.

9 Dec 2017 5:13 PM IST

15th Finance Commission chairman N.K. Singh. (Photo: PTI)

N K Singh, Patel discuss devolution of taxes to Centre, states

Commission would be greatly benefited by analytical and domain knowledge of RBI in these specialised areas.

8 Dec 2017 10:46 AM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Advisory group on GST submits report, suggests changes

Panel received more than 700 representations on problems faced by industry over return filing.

7 Dec 2017 11:02 AM IST

GST Council to meet tomorrow; discuss roll out of e-way bill

An e-way bill is required for movement of goods worth more than Rs 50,000.

15 Dec 2017 3:08 PM IST