ECONOMY

Budget

Now Cash transaction limit to be slashed to Rs2 lakh
21.03.17 - TEAM PT

The Narendra Modi government today moved a fresh proposal to cap cash transactions at Rs 2 lakh instead of the earlier sanctioned Rs 3 lakh.
 
In the government's annual budget presented in February, Finance Minister Arun Jaitley had said cash transactions would be capped at three ...
  


Supreme Court dismisses petition to postpone Union budget due to state elections
23.01.17 - TEAM PT

The Supreme Court on Monday rejected a petition to delay the annual Union Budget, which Finance Minister Arun Jaitley is scheduled to deliver on February 1, dismissing concerns about potential giveaways ahead of critical state polls.

A bench headed by Chief Justice J S Khehar refused ...
  


Jaitley stays firm against Jewellers
10.04.16 - pt team

Refusing to relent on excise duty levy on non-silver jewellery goods, Finance Minister Arun Jaitley today said a "luxury item" cannot remain out of tax ambit when taxes need to be paid on many essentials.

A large section of jewellers and bullion traders have been on ...
  


Rollback time : Controversial EPF Tax Proposal Withdrawn, Says Government
08.03.16 -

Facing all around attack, Finance Minister Arun Jaitley on Tuesday withdrew his Budget proposal to tax employees' provident fund (EPF) at withdrawal.
 
"In view of representations received, the government would like to do a comprehensive review of this proposal and therefore I withdraw the proposal," Jaitley ...
  


Mr. Jaitley, Allow the Flow of Money and Let the Economy Bloom.
06.03.16 - preet k s bedi

Dear Mr. Jaitley
 
When you are in the opposition everything lofty sounds like a great objective for the government to achieve. Impossible is possible as long as someone else has to do it. But when in government, you need to deliver more than moral grandstanding. 
 
Your inconsistencies ...
  


Government's 11-Point Clarification on Controversial EPF Tax
01.03.16 - PT Team

 "There seems to be some amount of lack of understanding about the changes made in the General Budget 2016-17 in the tax treatment for recognised Provident Fund & NPS," the Finance Ministry said on Tuesday in a statement while issuing an 11-point clarification on the ...
  


Budget 2016 | Absolute majority, cheap oil but no substantial reform: P Chidambaram
01.03.16 -

Thanks to the crash in oil prices, that required hardly any effort. The government boasts that it earned more tax revenues than it had budgeted at the beginning of the year.
 
This is the third budget of the NDA government. The first two were forgettable. The ...
  



TOPIC

TAGS CLOUD

ARCHIVE


Copyright © 2016-2017







NEWS LETTER