Filing ITR? Check different tax slabs and rates in new income tax regime
The new, concessional tax regime, on the other hand, offers lower tax rates than the old tax regime.
Mar 04, 2022, 19:22 PM IST
On GST Day, Arun Jaitley's point by point rebuttal to Congress's criticism of tax regime
Jaitley said that almost everyone wanted the GST but not a single State was comfortable with the UPA's model of GST.
Jul 01, 2018, 15:04 PM IST
India gold discount widens to max in seven months; higher prices hurt demand
Meanwhile, in Japan, premiums were unchanged at 25 cents per ounce over the benchmark prices.
Jul 28, 2017, 16:52 PM IST
GST Rates: Biscuits to attract 18%; footwear 5% and Gold 3%
The GST Council on Saturday decided to tax gold at 3 percent, footwear below Rs 500 at 5 percent and biscuits at 18 percent under the Goods and Services Tax, which will be rolled out from July 1.
Jun 03, 2017, 19:06 PM IST
'Looking at options for timely refund of taxes to exporters'
Allaying concerns of exporters related to GST, the commerce ministry on Friday said it is looking at all options to ensure timely refund of taxes under the new indirect tax regime to be rolled out next month.
Jun 02, 2017, 16:19 PM IST
Various tax slabs under GST worry traders: CAIT
Classification of different items under various tax slabs of GST has created an environment of anxiety and concern among the trading community across the country, Confederation of All India Traders said on Sunday.
May 28, 2017, 19:25 PM IST
GST Bill passed in Himachal Pradesh Assembly
The `revolutionary` Goods and Services Tax (GST) Bill was passed by the Himachal Pradesh State Assembly on Saturday, further paving the way for its roll out on July 1.
May 27, 2017, 16:32 PM IST
GST Bill unanimously approved in Tripura
On the concluding day of the three-day session of the Tripura Assembly on Thursday, the Left-ruled state approved the Goods and Services Tax (GST) Bill unanimously by voice vote.
May 26, 2017, 16:02 PM IST
Mizoram GST Bill passed unanimously
Mizoram assembly unanimously passed the Mizoram Goods and Services Tax (GST) Bill, 2017 in a one-day special session of the legislature on Thursday.
May 25, 2017, 15:56 PM IST
GST rates will bring cheer to industry, say experts
Tax rates cleared by the all powerful GST Council will bring cheer to the industry as prices of consumer products are likely to drop with the implementation of the new indirect tax regime from July 1, experts said.
May 18, 2017, 22:49 PM IST
Uttar Pradesh to roll out GST from July 1
The decision was taken at the fifth cabinet meeting of the state government, presided over by Chief Minister Yogi Adityanath.
May 02, 2017, 13:51 PM IST
CBDT tells officers to submit data of appeals disposed of every month
To fast-track disposal of tax cases, CBDT has started reviewing performance of its officers and asked commissioners to submit data on number of appeals they have disposed of every month against the given target.
Oct 17, 2016, 14:33 PM IST
IT, financial services cos can become GST Suvidha Providers
IT and financial services firms can become GST Suvidha Providers and extend specialised help to tax payers for complying with the upcoming Goods and Services tax regime.
Oct 07, 2016, 17:37 PM IST
GST slabs necessary for transition: Arjun Ram Meghwal
The Goods and Services Tax (GST) will have few tax rate slabs beside a standard rate but only for a transition period before India gradually moves to a pure single tax rate regime, Union Minister of State for Finance Arjun Ram Meghwal said.
Sep 18, 2016, 18:10 PM IST
SEBI board to discuss reform measures for start-ups
Markets regulator Sebi will consider next month proposals regarding favourable tax regime and steps to bring in long-term capital from domestic and overseas investors in alternative investment funds (AIF), including for start-ups and through avenues like crowdfunding.
Feb 28, 2016, 11:31 AM IST
Start Up India: Govt to announce friendly tax regime in Budget
Besides Start Up, the Finance Minister said the government will launch Stand Up India scheme under which, bank branches will lend to entrepreneurs belonging to SC/STs and women.
Jan 16, 2016, 13:37 PM IST
India Inc needs be active before finalisation of tax proposals
"The senior functionaries in government engaged and involved with policy making are much more receptive in modern times as compared to 15-20 years ago and therefore, can suitably accommodate industry's inputs along with its perspective in the final policy document to plug possibilities of faltering and making unintended mistakes," he said.
Jun 19, 2015, 15:58 PM IST
Government asks top taxmen to ideate for widening tax base
The unique move comes in the backdrop of the government recently asking the I-T department to take urgent steps to widen the tax base and add at least 25 lakh new assesses every month during the current financial year 2015-16.
Jun 14, 2015, 13:08 PM IST
Arun Jaitley, I-T brass meeting Monday on non-adversarial tax regime
Finance Minister Arun Jaitley will on Monday address tax commissioners and director generals of income tax at their annual conference here that will deliberate, among other things, on strategies for providing a non-adversarial tax regime.
May 24, 2015, 20:25 PM IST
FM Jaitley hints at reform-packed Budget
Ahead of the Budget, Finance Minister Arun Jaitley on Friday hinted at more reforms for faster economic growth and rationalisation of expenditure, saying the government does not believe in living on borrowed money.
Feb 06, 2015, 13:49 PM IST
