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Chowdary tipped to be new CBDT chief

Last Updated: Sunday, July 27, 2014, 19:15

Senior IRS officer K V Chowdary is tipped to be the new Chairman of the Central Board of Direct Taxes (CBDT), the apex authority of the Income Tax department.

Chowdary tipped to be new CBDT chief

Last Updated: Sunday, July 27, 2014, 15:32

Senior IRS officer KV Chowdary is tipped to be the new Chairman of the Central Board of Direct Taxes (CBDT), the apex authority of the Income Tax department.

Delhi govt collects Rs 306.75 crore as luxury tax

Last Updated: Saturday, July 26, 2014, 20:19

Delhi Government has collected a record revenue of Rs 306.75 crore as Luxury Tax during 2013-2014, a growth of 4.5 percent as campared to 2012-2013.

Indirect tax collections up 4.5% in April-June

Last Updated: Thursday, July 24, 2014, 23:43

Indirect tax mop up inched up by 4.5 percent in the April-June quarter of the current fiscal due to decline in custom duty and excise duty collections, reflecting slump in manufacturing activity.

Delhi Budget: Power subsidy for consumers using up to 400 units

Last Updated: Friday, July 18, 2014, 13:10

Proposing no new taxes in the Budget for Delhi, Union Finance Minister Arun Jaitley on Friday announced subsidy of Rs 0.80 to Rs 1.20 per unit to small power consumers.

BJP Govt is committed to lower taxes: Arun Jaitley

Last Updated: Tuesday, July 15, 2014, 12:27

Arun Jaitley's debut General Budget last week has faced criticism, especially from the rating agencies.

Social networks abuzz after hike in tobacco duty

Last Updated: Thursday, July 10, 2014, 22:17

Thursday took to the social media to either applaud the finance minister`s move to hike excise duty on cigarettes and tobacco products or to vent their ire against the proposal.

Union Budget 2014-15: Healthcare sector welcomes move for more AIIMS in India

Last Updated: Thursday, July 10, 2014, 20:02

Arun Jaitley said two key initiatives -- free drug service and free diagnosis service -- would be taken up on priority as part of move towards 'Health for All'.

Union Budget 2014-15: Income tax sops in budget, smokers will pay more

Last Updated: Thursday, July 10, 2014, 18:39

In post-budget comments, the minister said there will be no fresh liability but also ruled out refunding taxes collected over the last 30 or 40 years.

Vodafone to continue international arbitration on tax case

Last Updated: Thursday, July 10, 2014, 18:19

The minister said the sovereign right of the government to undertake retrospective legislation is unquestionable.

Tech firms seek clarity on taxes, GST implementation in Budget

Last Updated: Sunday, July 06, 2014, 12:42

Technology majors, software services firms and industry bodies like Nasscom expect the Modi government to focus on leveraging ICT for economic growth.

Karnataka mulling bill to allow panchayats levy tax on services

Last Updated: Thursday, July 03, 2014, 23:38

Karnataka Government is planning to introduce a bill which will give powers to gram panchayats to levy taxes on services provided by commercial establishments, including airports, falling under their jurisdiction to rev up revenue collection.