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tax base News
Committed to widen tax base in India, says Govt
Fri, Sep 29, 2017
The Narendra Modi-led government said it is committed to widen the tax net in India. Lower tax slabs were mulled over during the Consultative Committee meet.
Demonetisation, GST to widen tax base, make cash dealing difficult: Jaitley
Sat, Jul 22, 2017
Jaitley said the government has come out with laws to contain overseas black money as well as those dealing with domestic black money and cracking down on shell companies.
From reviving consumption to creating jobs: These are 5 key themes of Modi's Budget 2017
Fri, Jan 27, 2017
Budget 2017 will be based on five key themes right from reviving the capex cycle, rural economy to creating jobs.
FMCG companies expect Budget 2017 to be growth oriented to boost demand
Thu, Jan 26, 2017
After taking a demonetisation hit, fast moving consumer goods (FMCG) companies are pinning hopes on a growth oriented Budget to see a revival in consumer confidence and create demand both in urban and rural markets.
Budget 2017: ICRA expects government to keep fiscal deficit target of lower than 3.5% of GDP for FY18
Tue, Jan 24, 2017
As the Government of India prepares to announce its Union Budget 2017-18 in February, its unlikely to budget a fiscal deficit target higher than 3.5% of gross domestic product (GDP) for the fiscal year 2017-18 (FY18), said ICRA in its latest report on Budget 2017 expectations.
States agree July 1 realistic date to implement GST, says Jaitley
Mon, Jan 16, 2017
In the ninth meet of the Goods and Service Tax (GST) Council, Finance Minister, Arun Jaitley admitted on Monday that July 1 would be the ‘realistic’ date to implement GST.
Limited room to reduce fiscal deficit to 3% in FY18: Moody's
Mon, Jan 16, 2017
The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.