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Govt against high taxation; both pro-business, pro-poor: FM

Last Updated: Saturday, August 16, 2014, 18:35

Union Finance Minister Arun Jaitley on Saturday said the Narendra Modi government does not believe in a high taxation regime but is being pro-business and pro-poor at the same time.

Retro tax was a retrograde step: Arun Jaitley

Last Updated: Friday, July 25, 2014, 10:08

He stressed that low taxation is good for the economy and he has tried to pursue it in his budget with a view to giving a fillip to manufacturing sector.

Need to correct lopsided subsidy policy: FM

Last Updated: Friday, July 18, 2014, 15:18

Replying to the Budget debate in the Lok Sabha on Friday, Finance Minister Arun Jaitley emphasised that politicians must rise above party politics to bring back the economy to high growth trajectory.

India in talks with a number of countries for new tax treaties

Last Updated: Tuesday, July 15, 2014, 17:32

India on Tuesday said negotiations are going on for signing new Double Taxation Avoidance Agreements (DTAAs) with Hong Kong, Iran, Nigeria and three other nations.

Govt has time to review GAAR implementation: Revenue Secretary

Last Updated: Monday, July 14, 2014, 15:51

The government had earlier proposed imposing the General Anti-Avoidance Rules (GAAR) from April 1, 2015.

Govt yet to decide on tougher tax avoidance rules

Last Updated: Monday, July 14, 2014, 15:08

The general anti-avoidance rules announced by the previous government had sparked alarm among foreign investors.

Economic Survey 2013-14: Bad taxes like cess, surcharge need to go

Last Updated: Wednesday, July 09, 2014, 19:14

Referring to the Goods and Services Tax, the survey said there is consensus that the GST will be a major milestone for indirect tax reform in India.

Show tight control over fiscal situation, populism: Chanda Kochhar

Last Updated: Sunday, July 06, 2014, 15:34

Kochhar said the Budget would need to provide a clarity about the prospective nature of taxation.

Imposing retrospective tax was most regressive thing: Arun Shourie

Last Updated: Tuesday, June 17, 2014, 13:28

The Lok Sabha had approved the Finance Bill, 2012 which sought to amend the Income Tax Act, 1961.

DRs with voting rights to be taxed like equity

Last Updated: Friday, May 30, 2014, 14:25

Depository Receipts are likely to be treated as equity for the purpose of taxation if such securities entail voting rights.

Jaitley to meet state FMs on GST next month

Last Updated: Thursday, May 29, 2014, 21:05

Keen to fast track Goods and Services Tax (GST), Finance Minister Arun Jaitley on Thursday reviewed the progress with regard to the rollout of the new indirect tax regime and decided to hold an early meeting with the state Finance Ministers to sort out pending issues.

New Indian govt to address concern of Asian business community

Last Updated: Thursday, May 29, 2014, 18:34

Sending out a strong message to Britain's Asian business community, India has assured that the new government would address their concern on issues like taxation and regulatory clearances.