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Private lottery agents seek single GST rate on lotteries

New Delhi, Sept. 18 -- Private lottery agents are seeking a level-playing field between lotteries sold within the organising state and those of other states authorised to be sold elsewhere, ahead of a... Read More


Government lays down new rules for tax officials to invoke GAAR

New Delhi, Sept. 18 -- The Central Board of Direct Taxes (CBDT) has laid down fresh rules for officials to classify certain corporate transactions as tax avoidance schemes under the General Anti-Avoid... Read More


India better placed today to shape global agenda: S Jaishankar

New Delhi, Sept. 17 -- External affairs minister S Jaishankar on Tuesday said India is better placed now than before in shaping the global agenda, whether it is climate change or sustainable developme... Read More


Modi-Trump community event a great feat for Indian-Americans: Jaishankar

New Delhi, Sept. 17 -- The forthcoming community event between Prime Minister Narendra Modi and the US president Donald Trump in Houston is a great achievement for the Indian-American community, exter... Read More


Farm bodies exempted from 2% tax at source on payments above Rs.1 crore

New Delhi, Sept. 16 -- To give relief to the rural economy, the government has exempted agriculture produce marketing committees (APMCs) from the purview of the 2% tax deducted at source (TDS) on paym... Read More


States wary of any move to decrease GST rates

New Delhi, Sept. 16 -- The Goods and Services Tax (GST) Council meeting on Friday is likely to be a stormy affair, with some states opposing the Centre's proposal to cut tax on automobiles, citing rev... Read More


States wary of any move to reduce GST rates

New Delhi, Sept. 15 -- The Goods and Services Tax (GST) Council meeting on Friday is likely to be a stormy affair, with some states opposing the Centre's proposal to cut tax on automobiles, citing rev... Read More


FM Nirmala Sitharaman likely to announce fresh measures to boost economy today

New Delhi, Sept. 14 -- The Centre is likely to announce more measures on Saturday to arrest the economic slowdown that has plagued the Narendra Modi administration's second term. Finance minister Nir... Read More


Fresh steps to boost economy likely to be announced today

New Delhi, Sept. 14 -- The Centre is likely to announce more measures on Saturday to arrest the economic slowdown that has plagued the Narendra Modi administration's second term. Finance minister Nir... Read More


Schemes to remove discretion in tax matters implemented: Nirmala Sitharaman

New Delhi, Sept. 14 -- Finance minister Nirmala Sitharaman on Saturday sought to assure businesses that they need not worry about any overreach by tax officers. Speaking to reporters on the measures ... Read More