CHENNAI: Parthasarathi Shome, taxation expert and former adviser to Indian finance minister, believes the Goods and Services Tax is a reform "much less than perfect" but a much needed change to address structural distortions in India's taxation. He ... Economic Times, 1 month ago
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Raghuram Rajan will leave the RBI on September 3.But India still does not know who will succeed him as the RBI governor.Will Arundhati Bhattacharya be the RBI's first woman governor?Or will Urjit Patel succeed Dr Rajan? Soon after Dr Raghuram Rajan declared he would return to teaching in June, Finance Minister Arun Jaitley declared the government would name the RBI governor's successor 'soon.'. Weeks have passed, but no successor in sight. Check out Dr Rajan's likely successors and vote for ...Rediff.com, 1 month ago
Highlights 11:32 (IST) PJ Kurien asks RS members to calm down "Can I arrest the Home Minister and bring him here?" says a beleaguered Rajya Sabha Deputy Chairman as MPs demand a discussion on Kashmir unrest. 11:28 (IST) Rajya ...Firstpost.com, 1 month ago
Highlights 20:04 (IST) Lok Sabha adjourned for the day 20:01 (IST) LokSabhaunanimously passes theGST Constitutional Amendment Bill संविधान (122वां संशोधन) विधेयक 2014, ...Firstpost.com, 1 month ago
Highlights 16:09 (IST) Meanwhile in Rajya Sabha The Upper House is discussing Mental Health Care Bill 2013. "Post-partum depression cannot be listed as mental illness. It is a natural phenomenon. Mental patients shd be kept integrated ...Firstpost.com, 1 month ago
The Minor Mutiny A protest resolution is passed by Mumbai-based IRS officers on July 22 over punishment transfer orders to two senior members and interference of Department of Revenue (DOR) in operational matters The punishment transfer was on ...Outlook India, 1 month ago
The Rajya Sabha on Wednesday approved the biggest tax reform since Independence. It has been a journey of several twists and turns from 1993 to 2016. 1993: Tax expert Raja J Chelliah suggests a study of central excise duties Amaresh Bagchi, director, National Institute of Public Finance & Policy, tasked with this study, including a possible GST He ultimately does not suggest GST, but only uniform state taxes 1999: A resolution adopted in the conference of chief ministers, under the ...Rediff.com, 1 month ago
Many times, large unjustified tax demands are raised, followed up with aggressive recovery procedures The recent dispute between certain officers of the Income Tax Department and the Revenue Secretary have laid bare some unhealthy practices followed ...Livemint.com, 1 month ago
With Brexit Indian pharma industry could capitalize on falling GBP to invest & acquire cos in UK: Experts
In the Brexit phase Indian industry including pharmaceuticals will need to capitalize on the falling value of British currency to invest and acquire companies in UK, according to experts. With UK coming out of EU, growth prospects of the global ...PharmaBiz, 1 month ago
THIRUVANANTHAPURAM: Finance minister Dr T. M. Thomas Isaac, a staunch Goods and Services Tax supporter, will forcefully oppose the Congress demand to cap the overall GST rate at 18 percent at the meeting of finance ministers convened by union ...Deccan Chronicle, 2 months ago
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