What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......
President Pranab Mukherjee on Thursday gave assent to Constitution Amendment Bill on Goods and Services Tax, a major step towards rolling out the new indirect tax regime which the Modi government......
Restoration of Customs duty on crude oil & rollback of exemptions likely.The finance ministry is considering a proposal to raise excise duty and service tax by two per cent to 14 per cent each in......
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Illustration: Dominic......
Union excise duty collection dropped 18 per cent in August year-on-year at a time when the overall central tax kitty rose about 94 per cent before devolution to the states. Illustration: Dominic......
'We are not incentivising the old tax scheme. These taxpayers will also shift to the new regime after comparison.' IMAGE: Finance Minister Nirmala Sitharaman with the Budget team. Photograph: ANI......
Finance Minister Nirmala Sitharaman will present her 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Illustration: Dominic Xavier/Rediff.com......