Goods and Services Tax Network (GSTN), the entity tasked with providing network support to the proposed goods and services tax (GST) regime, has rejected the charge of evading or non-payment of service tax. It faces an enquiry by the tax department, which has ... The Financial Chronicle, 1 month ago
The Modi government?s motto has been ?reform, perform and transform?. The Union Budget 2017 will reflect the government?s intention to take forward its reform agenda. While the implementation of the Goods and Services Tax (GST) will be the biggest tax reform ...MSN India, 1 month ago
The Institute of Chartered Accountants of India has shortlisted the changes it hopes to see in Budget 2017. Go swadeshi to enjoy benefits of long-term capital gains In a bid to promote the “Make in India” scheme, ICAI has suggested that deductions/exemptions under sections 54, 54F, 24(b), 80EE, etc -- that help save tax on long-term capital gains -- should be made available only if the new house property is constructed/repaired out of indigenous material. “The benefit of ...Rediff.com, 1 month ago
The pharmaceutical industry has asked the government to bring in more clarity in terms of tax structure and provide incentives on research and development (R&D) as part of its budget wish-list. The industry players also want the government to provide a road ...Business Standard, 2 months ago
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