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REVENUE AUGMENTATION COMMITTEE
Update system to curb tax evasion in entertainment sector, Public Accounts Committee tells I-T DepartmentThe Public Accounts Committee (PAC) opined that increasing affluence and changing lifestyles have contributed towards making the Indian ent...
Majority of Delhi residents support privatisation of liquor vends, says LocalCircles reportThe report, by social community platform LocalCircles, said 54% residents of Delhi support privatisation of liquor vends, and that half the...
Govt panel favours 2 GST slabs, rate rejig for some itemsThe panel suggested two slabs of 10% and 20%. Alternatively, some goods could be moved from the 18% slab back to 28%, the panel said in a p...
Railways needs to rationalise expenses, increase internal revenue for reasonable operating ratio: Standing CommitteeThe Committee expressed concern that the operating ratio of Indian Railways reached an all time high of 98.4 in 2017-18, though it marginal...
PMO asks states to curb fake ITC claimsThe Prime Minister's Office (PMO) on Friday took stock of the issues impacting revenue collection and asked states for increasing complianc...
Govt constitutes panel to suggest measures to augment GST revenueThe terms of reference of the panel include making suggestions about systemic changes in GST including checks and balances to prevent misus...
Sushil Modi to head GoM on GST revenue shortfall faced by statesAmong the union territories, Puducherry is facing maximum shortfall of 43 per cent.
Fill up vacancies, augment resources of ED: Par Panel to Fin MinA Parliamentary panel has asked the finance ministry to immediately fill up vacancies in the Enforcement Directorate and augment its resour...
Parliamentary panel asks Indian Railways to speed up station redevelopment projectsThe committee asked railways to make efforts to rope in more private operators to run the container trains so that there is further increas...
Goa to replace 1000 km-long pipeline to curb non-revenue waterGoa government announces augmentation of its water supply capacity and also replacement of pipeline to reduce quantum of non-revenue water.
Mining activity still in need of policy overhaulRecent review by coordination-cum-empowered committee on mineral development & regulation reportedly revealed mixed results on grave issue ...
Andhra Pradesh House panel not in favour of tax exemption to IPL matchesDepartmentally Related Standing Committee on Revenue of the Andhra Pradesh Legislature felt that it was not proper to give tax exemption to...
- Government mulls USO fund for Prasar Bharati
A committee is considering Universal Services Obligation (USO) levy on private channels to fund broadcasting by Prasar Bharati.
BSNL considering a subsidiary for tower infrastructureThere is no proposal under consideration of BSNL for setting up of separate subsidiary company for land bank and other real estate.
Unrealistic tax declaration? Only 14.6 lakh people have declared their income of Rs 10 lakh and above for tax purposes, says FMThe FM informed that dept had refunded Rs 57,000 cr till this time during the current FY against Rs 70,000 cr in the same period of the pre...
- Railways to offer space in trains for advertisement
Railways have now decided to offer space in trains for advertisement to augment their revenue. Each zone will choose five trains including ...
- FM asks states to take up steps on fiscal correction
Regretting that fiscal correction has not been uniform across the states last fiscal, Finance Minister P Chidambaram on Wednesday asked the...