Assocham wants retrospective amendment withdrawn in Budget
Pitching for a non-adversarial tax regime, industry body Assocham on Thursday suggested that retrospective amendment be withdrawn in the upcoming Union Budget while calling for e-hearings, quicker IT refunds and raising the tax exemption limits.
Jan 29, 2015, 18:55 PM ISTPM Modi promises predictable tax regime; Obama seeks 'consistency' and 'simplicity'
Prime Minister Narendra Modi today wooed US investors promising a predictable tax regime, removing "remaining uncertainties" and an open business environment as President Barack Obama pledged USD 4 billion in investment for trade with India.
Jan 26, 2015, 22:33 PM ISTPM Modi pledges 'predictable, competitive' tax regime
Indian Prime Minister Narendra Modi promised US executives Monday that he would forge a "predictable and competitive" tax regime as he sought to shake off his country`s reputation as hostile to business.
Jan 26, 2015, 20:10 PM ISTSignificant investment pick-up soon; reverse flow checked: FM Jaitley
Jaitley also took a dig at the opposition parties for criticising the government on its "quick decisions", referring to the Ordinance route adopted for passage of key reforms.
Jan 12, 2015, 20:42 PM ISTCabinet nod for GST Bill likely today
With states on board, the Cabinet is now likely to approve the Constitutional Amendment Bill on GST Wednesday, paving the way for tabling of the the new legislation in the ongoing winter session of Parliament.
Dec 17, 2014, 17:50 PM ISTArun Jaitley promises 'civilised' tax regime to attract investment
Referring to the Select Committee report on further opening of insurance sector, Jaitley said, "Large investments are waiting to come in. We have to open the doors."
Dec 10, 2014, 19:46 PM ISTCentre-states differences persist over key aspects of GST
The Empowered Committee of state FMs, which met here Tuesday, however expressed hope that the GST could be rolled out by April 1, 2016, notwithstanding the hitches.
Nov 11, 2014, 17:54 PM ISTGovt to sort out compensation issues for early GST roll-out: FM
Finance Minister Arun Jaitley Thursday said the Centre would sort out compensation issues with states to ensure early roll-out of Goods and Service Tax, a new indirect tax regime that will subsume various levies.
Jul 03, 2014, 21:06 PM IST'Modi govt for non-adversarial, predictable tax regime'
With the retrospective taxation issue spooking investors, the Narendra Modi government today committed to making the tax regime non-adversarial and investor friendly, and promised to introduce the GST.
Jun 09, 2014, 23:11 PM IST