Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print

Latest Articles in tax reforms

Pharma Industry Wants Budget To Offer Tax Clarity

The pharmaceutical industry has asked the government to bring in more clarity in terms of tax structure and provide incentives on research and development as part of its budget wish-list

Read More

GST: Tax Evasion Up To Rs 2 Crore A Bailable Offence

To make GST regime less onerous, the Centre and states have decided to water down the penal provisions to ensure a trader gets immediate bail if the alleged tax evasion is up to Rs 2 crore

Read More

Hopeful Of Resolving Issues To Toll Out GST From April 1, Says FM Arun Jaitley

Finance Minister Arun Jaitley on Wednesday reiterated that the Centre is still aiming to roll out the Goods and Services Tax regime from April 1 if all pending issues are sorted out

Read More

States Seek Fiscal Stimulus To Ease Demonetisation Woes

States have demanded fiscal stimulus from Centre to deal with shortfall in tax revenues post demonetisation as well as allowing them to borrow more funds from the market to boost spending on infrastructure

Read More

GST Council Makes Headway On Bills, Stuck On Taxpayer Control

The all-powerful GST Council on Friday made a 'reasonable headway' on supporting legislations for the new indirect tax regime but its rollout from April 1 looked virtually impossible as it postponed discussion on the critical issue of administration and control of tax payers

Read More

PM Modi's Crackdown On Cash Jeopardises GST

Prime Minister Narendra Modi's crackdown on the cash economy has shattered the consensus needed for a new national sales tax, plunging his boldest reform into limbo and threatening to entrench an economic slowdown

Read More

Just Depositing Black Money Doesn't Make It White, Says Revenue Secretary Hasmukh Adhia

Revenue Secretary Hasmukh Adhia on Tuesday said it is wrong to assume that black money that has come into the banking system following the demonetisation will become white and unless tax is paid on such amount it will continue to be remain black

Read More

GST: Captivating Enough For Investors?

GST also brings additional business opportunities to a number of IT companies since every company now need to overhaul its existing IT/ERP system

Read More

GST Council To Discuss Model Laws, Tax Jurisdiction Friday

The all-powerful GST Council at its two-day meeting beginning Friday will dwell on the issue of jurisdiction over assessees and draft model laws for implementation of the new GST regime from April next year

Read More

Centre-State Stalemate Over GST Jurisdiction Continues

Stalemate between the Centre and states over administrative control under the proposed goods and services tax regime continued today with an informal meet called by Finance Minister Arun Jaitley failing to break the deadlock

Read More

Moody's Affirms India's Rating, Says Reforms Yet To Produce Results

Moody's Investors Service has affirmed India's sovereign ratings, citing economic and institutional reforms under Prime Minister Narendra Modi, but said the measures have yet to produce enough dividends to warrant an upgrade

Read More

GST: States Adamant On Sole Control Over Small Businesses

With states and Centre set to meet this week to chalk out jurisdiction over assessees under GST, a majority of states, including Kerala, West Bengal and Delhi, are sticking to their stand of sole control over entities with turnover below Rs 1.5 crore

Read More

States Have Right To Levy Entry Tax On Goods: Supreme Court

The Supreme Court on Friday upheld the constitutional validity of the state legislations with regard to levy of entry tax on goods coming into its territory

Read More

Efforts On To Build Consensus On Sticky GST Issues: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said the Centre is making all efforts to build consensus on sticky issues, especially on jurisdiction of assessees, to ensure GST rollout from April 1, 2017

Read More

GST Council Meet Inconclusive As State FMs Want More Tax Data

Meeting of the all powerful GST Council failed to reach any conclusion on the dual control issue as states objected to non-availability of updated data on assessees of service tax, excise and VAT

Read More