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How the government plans to simplify the tax system

Ahead of the Budget 2016-17, Finance Minister Arun Jaitley on Monday said the government is looking into the recommendations of Parthasarathi Shome committee for simplifying tax administration.......

Measures to check tax disputes in next Budget

The finance ministry plans to allay investor fear on tax uncertainty in India. The idea is to introduce in the next Budget a number of safeguards for preventing disputes with taxpayers. A panel......

Move away from fixed tax targets: Shome

A tax reforms panel, headed by finance minister's advisor Parthasarathi Shome, is considering moving away from setting fixed tax-collection targets and linking these with the changing economic......

'New govt should have balanced approach to tax administration'

The finance minister’s advisor, Parthasarathi Shome, completes his tenure at North Block next month. But his association with the ministry is going to continue, as head of the Tax......

GST rollout needs more changes to service tax, excise: Sinha

Amendments to RBI Act likely soon, minister of state for finance says in his first post-Budget interview The government would within two months try to move amendments to the Reserve Bank of India......

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