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 There is constitutional compulsion before states to roll out GST before September 16, 2017: Arun Jaitley
64 Views, 03-12-2016, Courtsey News Live

   Finance Minister Arun Jaitley said on Friday that rolling out GST before September 16 has become a constitutional necessity as  states will not be able to collect their share of taxes henceforth,there is no scope to delay the decision any further.   “The Constitution ...Read more

 Income Tax department reminds IDS declarants to pay tax by Nov 30
144 Views, 28-11-2016, Courtsey News Live

   With the last date for payment of tax instalment under IDS drawing close, the Income Tax Department today warned declarants that non-payment of first instalment by November 30 will make declarations invalid.   The Income Disclosure Scheme (IDS), which was open from June to Septe...Read more

Service Tax Dept to auction Mallya plane on Nov 28-29
64 Views, 27-11-2016, Courtsey News Live

: In its bid to recover around Rs 535 crore due from beleaguered businessman Vijay Mallya, the Service Tax Department is looking at having more participation when it reauctions his luxury personal jet on November 28-29. The e-auction will be carried out by MSTC, the department said, adding it had r...Read more

Demonetisation helped banks improve their fund situation: Jaitley
99 Views, 22-11-2016, Courtsey News Live

: Union Finance Minister Arun Jaitley on Tuesday said the demonetisation move allowed banks fetch in huge amount of money that would help the government to undertake welfare measures. Addressing the BJP parliamentary party meeting here, Jaitley said as a result of demonetisation decision, "hug...Read more