Jaitley to Take 'Difficult' Decisions to Curb Fiscal Deficit

NEW DELHI: In line with Prime Minister Narendra Modi's Make in India initiative to give domestic manufacturing a major push, the country's oil and gas sector is expected to see investments worth as much as Rs 5-6 lakh crore over the next five to ...

Prime Minister Narendra Modi's government introduced a landmark goods and services tax bill in parliament as it seeks to spur growth by making India a genuine single market and replacing a thicket of state levies. Finance Minister Arun Jaitley ...

ix months into his first term in office, Prime Minister Narendra Modi must be searching for ways of improving his performance. The economy is still stuck at a 5% rate of growth (or half of what it needs), while companies and individual investors ...

hen last checked, service tax accounted for a total collection of Rs 17,500 cr to the national exchequer, or what is being saved in less than two weeks because of the continuing fall in crude oil prices. To collect this relatively small amount, an ...

What is the difference between greedy, short-sighted private promoters of public companies and the government if the latter too thinks that it could gobble up shareholders' funds in state-controlled enterprises (PSUs) held in the form of general ...

NEW DELHI: The BJP government's Make in India initiative could get top billing in the 2015-16 Union Budget with tax breaks and other measures for several sectors. Make in India is the centerpiece of the Narendra Modi administration's bid to ...

Listen MUMBAI: The women's commission of India's Kerala state is seeking to limit the amount of gold given at weddings to no more than 80 grams to reduce the burden on families and help ease India's trade deficit. Most Indians see gifts of ...

Our income tax department should bring out monthly bulletins as well as annual reports providing insights into the nature of our direct tax segments, says R Vaidyanathan. Palaniappan Chidambaram, finance minister in the United Progressive Alliance government, in his Budget speech in 2013 mentioned that 42,800 people are assessed to tax for income of more than Rs 1 crore (Rs 10 million). This is out of 3.10 crore assesses. Understandably, there was a hue and cry since the numbers were perceived ...