Finance Minister Arun Jaitley
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Cess on demerit goods goes against promise made for GST
IANS -
The cess on products like aerated drinks, tobacco products, luxury cars, pan masala is against the basic structure of Goods and Services Tax (GST) and goes against the promise made, an official of a tax consultancy firm said.
"The cess...
Retail
President gives nod to GST; Bill now becomes Law
President Pranab Mukherjee has signed the Government's much-awaited Goods and Services Tax Bill, which will do away with the indirect taxes and usher in one tax for the entire country.
With the President's assent, the focus now shifts to the...
Latest News
Running against time on GST: Finance Minister
The government is racing against time to meet the 1 April 2017 implementation date for the goods and services tax (GST) but will strive to meet this deadline, said finance minister Arun Jaitley.
Speaking at an event, 'The Economist -...
Food
DIPP moves Cabinet for 100 pc FDI in processed food retailing
The Cabinet will soon take up the proposal to permit 100 per cent foreign direct investment (FDI) in food processing sector through the Government approval route.
The Department of Industrial Policy and Promotion (DIPP) had proposed to allow FDI in marketing...
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Jewellers may lose festive sheen as strike enters 2nd month
Bullion business worth crores remains hampered in the state as jewellers' strike demanding a rollback of 1 per cent excise duty on ornaments (non-silver) has entered its second month. The indefinite strike by jewellers commenced on March 1.
Buyers are...
Retail
Govt Hopes to Finalise GST Contours this Year: Jaitley
Committing to expeditiously rolling out Goods and Services Tax (GST), Finance Minister Arun Jaitley has said a solution to the issues relating to the comprehensive indirect tax regime may be finalised in the current year itself, states PTI.
"I do...
Retail
Budget Allows FDI in E-commerce: PwC
PwC official Sandeep Ladda has told a leading daily that Finance Minister Arun Jaitley has allowed FDI in e-commerce, according to a leading daily.
The paper reports that Ladda further added that the announcement will encourage foreign players and also...
Retail
Arun Jaitley Seeks Support of States for GST Roll-Out
Expressing government's commitment to push growth, Finance Minister Arun Jaitley has said that the Centre and states need to work together to roll out Goods and Services Tax (GST), address supply side bottlenecks and take strict steps to check...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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