Ashok Lahiri

Central Minister Babul Supriyo has lost from the Tollygunge assembly constituency, being defeated by veteran TMC leader and current West Bengal Public Works and Youth Affairs Minister Aroop Biswas. Two other incumbent BJP MPs, Locket Chatterjee and Swapan Dasgupta has lost from the Chunchura and Tarakeshwar constituency.

Political funding audits key to success of demonetisation: Pros

The political parties must be open to audits, believe both Govinda Rao, former member, PMEA and Ashok Lahiri, former chief economic advisor.

Rahul Gandhi to meet protesting jewellers

The representatives of jewellers associations from across the country have been holding a protest at Jantar Mantar against the excise duty imposed in the Union Budget 2016-17.

Govt to walk extra mile to see jewellers are not harassed: FM

Gold and other jewellery will be part of the Goods and Services Tax (GST) regime which will subsume the 1 percent proposed excise levy, as there cannot be a situation where essential items are taxed and luxury items like gold are left out, he said in an interaction with journalists at the PTI office here.

TN, Puducherry jewellers plan to resume strike on March 28

The gold traders in the region withdrew the strike last week after the assurance by the government and formation of a committee to look into the issue and find a solution.

MAT stand-off: Shah panel submits report to FM

The high-level Justice A P Shah Committee on Friday submitted a 66-page report to the government on applicability of minimum alternate tax (MAT) on FIIs, an issue which had riled foreign investors.

Shah Committee on MAT invites suggestions from stakeholders

The Income Tax Department had sent notices to 68 foreign institutional investors (FIIs) demanding Rs 602.83 crore as MAT dues of previous years.

Shah panel to be 3-member; focus on MAT to begin with: Govt

A high-level committee headed by Justice AP Shah to resolve several tax tussles will have three members in it and will start by evaluating the minimum alternate tax (MAT) row, the government today said.

RBI dy guv Chakrabarty may be India rep at ADB: Sources

CNBC-TV18‘s Gopika Gopakumar reports, quoting sources, that the government is considering RBI deputy governor KC Chakrabarty to represent India at the Asian Development Bank.