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Latest Articles in tax reforms

Taxman Not To Ask Questions On Deposits Up To Rs 2.5 Lakh: CBDT

Providing clarity on scrutiny of deposits made in banks post demonetisation, I-T department on Monday said no questions will be asked about deposits of up to Rs 2.5 lakh and only those accounts will be probed that do not match the tax returns

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Personal Income Tax Base Must Be Up Before Corporate Tax Cut, Says Hasmukh Adhia

Two years after it announced plans to reduce corporate tax rate to 25%, the government on Saturday said any such reduction can come after the spread of personal income tax is increased and more people pay taxes

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FM Arun Jaitley Defends Surcharge Levy, Says Rich Must Pay More

Finance Minister Arun Jaitley has justified levy of 10 per cent surcharge on rich saying the resources in a largely non-tax compliant society will have to come from the more affluent

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Budget 2017 | It Ticked All The Right Boxes

All the policy issues that I had raised after the demonetisation drive, have been addressed in the Budget

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Budget 2017 | A Damp Squib For Personal Finance

Those earning between Rs 50 lakh and Rs 1 crore per annum were dealt a body blow, with a new surcharge of 10 per cent being slapped on their incomes from the following fiscal

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'He Delivered On His Promise Of Reducing The Tax Rates'

Rohinton Sidhwa, Member, FICCI's Taxation Committee and Partner- Tax, Deloitte Haskins & Sells LLP also spoke about the tax reforms and the data on demonetization as stated by FM, Arun Jaitely

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Analysts Hail Tax Certainty In Budget, Rue High Corp Tax Rates

Analysts and market experts have welcomed the tax proposals in the Budget saying the slew of pro-business measures along with more inclusive taxation for individuals and small firms, will go a long way in boosting consumption which in turn will help the economy grow faster

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FM Arun Jaitley Budgets For Recovery, And For The Poor, After Cash Crunch

India will ramp up spending on rural areas, infrastructure and fighting poverty, Finance Minister Arun Jaitley said as he unveiled his annual budget on Wednesday, adding the impact on growth from the government's cash crackdown would wear off soon

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FM Arun Jaitley Unveils Budget For Recovery After Cash Crunch

India is a "bright spot" in the world economy, Finance Minister Arun Jaitley said as he unveiled his annual budget on Wednesday adding that the impact on growth from the government's cash crackdown would wear off soon

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In A Nutshell | FM Arun Jaitley Unveils Budget 2017-18

Finance Minister Arun Jaitley unveils Union Budget 2017-18 under pressure to offer tax giveaways and step up capital and welfare spending to ease the pain from demonetisation in India

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FM Jaitley Scotches Doubt, To Present Budget At 11 AM Today

Brushing aside doubt in the wake of death of a sitting member, Finance Minister Arun Jaitley on Wednesday announced that he will present the Union Budget for 2017-18 as scheduled at 11 am.

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Budget To Try And Ease Pain From Cash Crunch

Finance Minister Arun Jaitley will likely boost spending and ease back on cutting the deficit when he presents his fourth budget on Wednesday as he seeks to lift growth hit by the government's drive to purge the economy of 'black money'

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Govt To Go For Growth In Budget, Accept Bigger Deficit: Poll

The Narendra Modi-led National Democratic Alliance government is expected to unveil a budget on Wednesday aimed at boosting economic growth through additional spending, with borrowing seen rising to 3.3 per cent of gross domestic product in the coming fiscal year and 3 per cent in the year after that, economists say

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Budget 2017-18 May Look To Soften Note Ban Woes By Tax Relief

Finance Minister Arun Jaitley will on Wednesday present his fourth and perhaps the most challenging Budget that may look to soften blow of currency ban with tax and other sops as he seeks to revive growth

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FM Jaitley Readies Budget To Soothe Voters After PM Modi's Shock Cash Crunch

Finance Minister Arun Jaitley will present the most challenging budget of his tenure on Wednesday as he seeks to appease voters still hurting from the radical monetary shock therapy that his government has administered.

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