FM Sitharaman to brief GST panels on rate rejig, cess phase-out starting Wednesday

New Delhi, Aug. 19 -- As the Centre pushes ahead with its next wave of tax reforms, finance minister Nirmala Sitharaman will brief the Goods and Services Tax (GST) Council's groups of ministers (GoMs)... Read More

Govt on 100-day mission to fast-track growth: Piyush Goyal

New Delhi, Aug. 18 -- The Union government is embarking on a 100-day mission to fast-track the country's journey to becoming a developed nation, commerce and industry minister Piyush Goyal said at an ... Read More

GST revamp aims to end bizarre tax disputes; automobiles to get tax relief

New Delhi, Aug. 18 -- Businesses will be spared courtroom drama around product tax rate, as revamping the Goods and Services Tax (GST) into a mainly two-rate structure will prevent quirky disputes lik... Read More

A revamped two-slab GST could end bizarre disputes

New Delhi, Aug. 18 -- Businesses will be spared courtroom drama around product tax rates, as revamping the goods and services tax (GST) into a mainly two-rate structure will prevent quirky disputes su... Read More

IBC plan eyes part sale of assets, 2nd shot at rescue

New Delhi, Aug. 16 -- Apart from speeding up the disposal of distressed companies as going concerns, the proposed amendments to the Insolvency and Bankruptcy Code (IBC) tabled in Lok Sabha on Tuesday ... Read More

Govt proposes GST overhaul; 12%, 28% rates to be dropped

New Delhi, Aug. 15 -- In a major overhaul of the goods and services tax (GST) structure, the Central government has proposed to do away with the 12% and 28% tax slabs, which is expected to bring relie... Read More

GST reforms: Govt to scrap 12%, 28% rates-a gamechanger for consumers?

New Delhi, Aug. 15 -- In a major overhaul of the multitiered goods and services tax (GST) structure, the Central government has proposed scrapping the 12% and 28% slabs, among other reforms to India's... Read More

IBC amendments to allow partial asset sales, second shot at revival

New Delhi, Aug. 15 -- Apart from speeding up the disposal of distressed companies as going concerns, the proposed amendments to the Insolvency and Bankruptcy Code (IBC) tabled in Lok Sabha on Tuesday ... Read More

DRI officials intercept 1,311 tonnes of Pakistan rock salt imported via UAE

New Delhi, Aug. 14 -- Directorate of Revenue Intelligence (DRI) officials have intercepted 47 containers of rock salt, originally from Pakistan, that were imported into India from the UAE, Central Boa... Read More

IBC amendments seek to boost assets available for distressed company revival

New Delhi, Aug. 14 -- Creditors to bankrupt firms could get their hands on a wider pool of valuable assets and claw back money from more shady promoter transactions, once latest changes to India's ins... Read More

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