Govt aims to support through subsidies 62,000 e-cars, buses; 15L electric 3-, 2-wheelers: GadkariPhase-II of Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India (FAME India) Scheme is being implemented with a tota...
11 Feb, 2021, 09.18 PM IST
Uniform GST rate for both state run & state-authorized lotteries: Arunachal Pradesh Deputy CM, Chowna MeinMein who is also the Minister in-charge of Finance represented Arunachal Pradesh in the 35th GST Council Meeting chaired by Union Finance M...
22 Jun, 2019, 04.40 PM IST
need2know: After Budget, over to Raghuram RajanToday's recap of all the macro triggers that have the potential of changing the fortunes of your financial markets.
01 Mar, 2016, 08.23 AM IST
Retro tax law not applicable on dividends by foreign firmsThe erstwhile UPA government had amended the tax laws in 2012 budget retrospectively, allowing tax authorities to tax overseas transactions.
27 Mar, 2015, 04.55 AM IST
Profit not bad word, resources needed to service poor: Arun JaitleyJaitley justified the government's decision to further open up sectors like defence and insurance to FDI saying the country required huge a...
24 Jul, 2014, 11.25 PM IST
Retrospective tax: Government should unveil tax proposals in advanceThe government should amend the finance bill to make contributions of private sector employees tax-free from May 2009.
15 Jul, 2014, 04.56 AM IST
Budget 2014 has created enabling environment for investment: Shaktikanta Das, Revenue SecretaryThis budget brings in a lot of policy stability. There are a whole host of steps that will aid economic recovery, says Revenue Secretary Sh...
12 Jul, 2014, 12.58 PM IST
Budget 2014: Vodafone to continue international arbitration; 2012 retro-tax amendment staysFM disappointed many investors as he retained retro tax amendment implemented in 2012 that most significantly impacted Vodafone that had wo...
11 Jul, 2014, 03.11 AM IST
GAAR, retrospective tax amendment keep revenue department busy in 2012Controversy generated by retrospective tax amendment and concerns over implementation of GAAR kept the Revenue Department busy throughout t...
27 Dec, 2012, 01.04 PM IST
Tax authorities miffed at Shome Panel's reportsThe tax authorities are likely to oppose most of the conclusions of two panels, both headed by tax expert Parthasarathi Shome.
24 Oct, 2012, 05.00 AM IST
- FM P Chidambaram meets RBI, Sebi officials to revive the economy
FM today held a meeting with RBI officials as part of a series of engagements planned for the day with the central bank, market regular Seb...
06 Oct, 2012, 02.58 PM IST
House sale capital gains clause: P Chidambaram unhappy with the proposalA proposal in the 2012-13 budget to exempt the proceeds of house sales from capital gains tax, provided the money is invested in a small bi...
11 Sep, 2012, 06.24 AM IST
There was no pressure to defer GAAR: Parthasarthi ShomeThe Parthasarthi Shome committee has taken a big step in addressing the tax proposals included in the budget, suggesting that GAAR be defer...
03 Sep, 2012, 08.37 AM IST
GAAR panel to also review retrospective amendment proposal to Income Tax ActThe committee set up to draft rules against tax avoidance has been asked to review a retrospective amendment to the Income Tax Act.
31 Jul, 2012, 04.58 AM IST
- Ministerial body under PM to be set up to jumpstart electric car market
The National Council on Electric Mobility will consider incentives to make green vehicles a viable option for two-wheeler and car buyers.
13 Jan, 2011, 12.12 AM IST
- Govt may remove customs duty on cancer, HIV drugs
The finance ministry is understood to be also considering hiking the weighted deduction on expenditure on R&D) by drug companies to 200% fr...
03 Feb, 2010, 05.03 AM IST
- Possess an old car? Pay more tax
The government may slap exorbitant road tax on old vehicles to take them off the road.
30 Aug, 2006, 02.52 AM IST