No intention of banning P-Notes overnight: Rev Secy
Clearing the air on P-Notes, Revenue Secretary Shaktikanta Das Thursday said the government has no intention of banning these financial instruments overnight and it is examining how to improve the disclosures.
Aug 20, 2015, 19:30 PM ISTGST rate to be 'as reasonable as possible': Govt
"Effort of government is to make tax rate reasonable, as reasonable as possible. High tax rate do not achieve the objective of GST," Revenue Secretary Shaktikanta Das said at an Assocham event here.
Aug 20, 2015, 19:14 PM IST'Make in India' taking shape, foreign companies showing interest: FinMin
"Sony, Foxconn and many more. Budget booster in indirect taxes silently working for domestic manufacturing. Make in India taking shape," Revenue Secretary Shaktikanta Das said in a tweet.
Aug 06, 2015, 23:14 PM ISTFinMin to hold talkathon on new black money law Tuesday
Finance Ministry will hold a talkathon on the new black money law Tuesday during which Revenue Secretary Shaktikanta Das and CBDT Chairperson Anita Kapur will respond to the queries regarding the legislation.
Aug 03, 2015, 22:20 PM ISTFinMin working for a reasonable GST rate: Revenue Secy
A day after Cabinet approved incorporation of changes in the landmark GST Bill as suggested a Rajya Sabha Select panel, Finance Ministry Thursday said it is working closely on a "reasonable" GST rate.
Jul 30, 2015, 11:20 AM IST'Compliance window not revenue mobilisation measure'
The one-time compliance window provided to undisclosed foreign asset holders to come clean under the black money law is not a revenue mobilisation exercise, Revenue Secretary Shaktikanta Das has said.
Jul 05, 2015, 14:42 PM ISTGovt to provide roadmap for ending corporate tax exemptions in 45 days
A road map to eliminate all tax exemptions and incentives for corporates will be unveiled in the next 45 days as a prelude to lowering of corporate tax rate to 25 percent over a four-year period, Revenue Secretary Shaktikanta Das Wednesday said.
Jul 01, 2015, 10:51 AM ISTAdopt taxpayer-centric regime: Revenue Secretary tells taxmen
The Income Tax Department should adopt a responsive taxpayer-centric regime and focus on dealing with the menace of both domestic as well as overseas black money, Revenue Secretary Shaktikanta Das has said.
May 26, 2015, 21:12 PM ISTDirect Tax target of Rs 7.98 lakh cr for FY'16 achievable: Das
The Direct Tax collection target of Rs 7.98 lakh crore for the current financial year is likely to be met on account of improvement in economic growth, government said on Monday.
May 25, 2015, 18:35 PM ISTIndia imports 60 tonnes gold so far in May: Report
India, the world's biggest gold consumer, has imported 60 tonnes of the yellow metal so far in May, a television channel reported on Friday quoting Revenue Secretary Shaktikanta Das.
May 15, 2015, 13:05 PM ISTRevenue Secretary meets Shah; tax experts to be part of panel on MAT
Revenue Secretary Shaktikanta Das met Law Commission Chairman Justice Shah on Friday in this regard, sources said.
May 08, 2015, 18:02 PM ISTCentre, states working on new GST rate: Revenue Secy
As the government gears up to roll out Goods and Services tax (GST) by April 2016, the Centre and the states are working on a new revenue neutral rate, which is currently pegged at 27 percent.
Apr 20, 2015, 18:02 PM ISTDon't pay higher service tax of 14% as Finance Bill not yet passed
The Finance Ministry on Saturday asked people not to pay higher service tax of 14 percent, proposed in the Budget, as the Finance Bill has not yet been passed by Parliament.
Apr 18, 2015, 21:43 PM ISTMAT to become irrelevant after corporate tax comes down to 25%
The Minimum Alternative Tax (MAT) will become irrelevant with removal of tax incentives and reduction in corporate tax rate to 25 percent over next four years, Revenue Secretary Shaktikanta Das said.
Apr 01, 2015, 21:12 PM ISTBill on black money likely in ongoing Parliament session: Revenue Secretary
Government is likely to bring a new law on black money during the ongoing Parliament session to effectively deal with the menace, Revenue Secretary Shaktikanta Das said on Wednesday.
Mar 11, 2015, 15:54 PM ISTBlack money: Govt dismisses reports over voluntary disclosure of overseas accounts
Government on Saturday dismissed reports that there will be no prosecution of black money holders if they come forward and make a declaration of their overseas accounts before 2017.
Mar 07, 2015, 20:49 PM ISTGovt optimistic about GST roll out from April 2016: Rev Secy
The government is confident of rolling out the much-awaited Goods and Services Tax (GST), which aims at creating a single tax for goods and services across the country, from April 1, 2016, a top finance ministry official said.
Mar 05, 2015, 16:17 PM ISTIndia gets a month more to sign FATCA with US: Das
India and some other countries have got one more month from the US to sign the Foreign Account Tax Compliance Act (FATCA), an agreement which seeks to facilitate flow of financial information.
Dec 26, 2014, 17:04 PM IST'Need to move away from aggressive tax planning & assessment'
There is a need to move away from aggressive tax planning and such tax assessment undertaken in certain situations and find a resolution to this issue, Revenue Secretary Shaktikanta Das said today
Oct 09, 2014, 17:14 PM ISTCentre confident of consensus with states on GST: Revenue Secy
The Finance Ministry Tuesday expressed the confidence that Centre and States will reach a broad consensus on the proposed Goods and Services Tax (GST) in the current fiscal.
Jul 15, 2014, 22:11 PM IST