Four GST bills receive approval in Lok Sabha

Mar 30, 2017, at 02:44 am

New Delhi, Mar 29 (IBNS): Four Goods and Services Tax bills that had been tabled in Lok Sabha by government on Tuesday, received approval of the lower house by voice voting following the debate and discussion, on Wednesday.

Without multiple tax rates, GST will be regressive: Arun Jaitley

Mar 30, 2017, at 02:23 am

New Delhi, Mar 29 (IBNS): Countering the questions raised by opposition in Lok Sabha, Union Finance Minister Arun Jaitley said that the Goods and Services Tax bill will be regressive without multiple tax rates, on Wednesday.

Adhaar will help to stop tax evasion: Arun Jaitley

Mar 23, 2017, at 12:30 am

New Delhi, Mar 22 (IBNS): Union Finance Minister Arun Jaitley said that the new law of making Adhaar card mandatory for filing income tax returns will help to stop tax evasion, in Lok Sabha on Wednesday.

Taxation Laws (Second Amendment) Bill, 2016 introduced in Lok Sabha

Nov 28, 2016, at 11:51 pm

New Delhi, Nov 28 (IBNS):Evasion of taxes deprives the nation of critical resources which could enable the Government to undertake anti-poverty and development programmes.

Finance Commission recommends higher share of central taxes to states

Feb 24, 2015, at 10:14 pm

New Delhi, Feb 24 (IBNS): The 14th Finance Commission report, which was tabled in the Lok Sabha on Tuesday, has suggested raising share of states in central taxes to 42 percent from current 32 percent.

GDP expected to grow at 5.4 to 5.9 pc: Economic Survey

Jul 09, 2014, at 08:01 pm

New Delhi, July 9 (IBNS) The GDP at constant prices is expected to grow in the range of 5.4 – 5.9 per cent in 2014-15, according to the Economic Survey 2013-14, presented Wednesday in the Lok Sabha by Union Finance Minister Arun Jaitley on the eve of the Union Budget.