Oct 19, 2016 at 10:30 | Source: CNBC-TV18
The government may levy a proposed Goods and Services Tax (GST) compensation cess commodity-wise in a rate slab, according to an official privy to the GST Council meeting which is underway, reports CNBC-TV18s Sapna Das.
Oct 18, 2016 at 08:14 | Source: Moneycontrol.com
It is likely that the Centre could propose a four-tier tax structure under the Goods and Services Tax. The peak slab could be around 26 percent, reports Business Standard
Oct 13, 2016 at 19:26 | Source: PTI
Considering the inherent nature of textile industry, it is justified to keep the sector in the lowest slab of the Goods and Services Tax (GST), Indian Texpreneurs Federation (ITF) has suggested.
Sep 29, 2016 at 20:14 | Source: PTI
Electric vehicle (EV) manufacturers have asked the government to continue thebenefits of lower excise and VAT on EVs under the GST regime by keeping it at the lowest slab.
Sep 01, 2016 at 08:10 | Source: Reuters
The order to the iPhone maker to pay back taxes to Ireland on the grounds that Dublin illegally favoured Apple with a tax regime that amounted to a competition-distorting subsidy was the biggest of 38 decisions by Vestager since the Commission began probing some 1,000 companies in up to 23 EU states in 2013.
Aug 08, 2016 at 08:08 | Source: PTI
CAIT national President B C Bhartia and Secretary General Praveen Khandelwal said that under the current VAT regime, items placed under the 5 percent tax slab will be attracting standard rate of tax, which may be 18 percent, and it is feared that such a situation will lead to inflation.
Jul 19, 2016 at 17:36 | Source: PTI
The amount foregone (direct tax) is estimated at Rs 93,047 crore in 2013-14; Rs 1,18,593 crore in 2014-15; and Rs 1,28,639 crore in 2015-16, Minister of State for Finance Santosh Kumar Gangwar said in a written reply to Rajya Sabha.
Jul 13, 2016 at 15:26 | Source: Moneycontrol.com
Starting 1 April 2016, more than 1,000 companies will report under the new International Financial Reporting Standards (IFRS) converged accounting standards: Indian Accounting Standards (IND AS).
Jun 28, 2016 at 17:02 | Source: PTI
The IMF has cleared immediate disbursement of USD 501 million to Pakistan, takingthe total amount given to the cash-strapped country to USD 6.1 billion in since 2013
Jun 21, 2016 at 19:58 | Source: Moneycontrol.com
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