The government on Monday designated Revenue Secretary Hasmukh Adhia as the Finance Secretary. Adhia was appointed as Revenue Secretary in the Ministry of Finance in September 2015.
With the new GST regime firmly entrenched, a complete overhaul of the tax rates is now required to reduce the burden on small and medium businesses, revenue secretary Hasmukh Adhia has said.
New Delhi: Under the new law on black money, banks and other financial institutions will also face action if they are found to have abetted stashing of illicit wealth, along with the action against the
New Delhi: The government will give a one-time ‘short window' to holders of blackmoney abroad to declare their wealth, pay taxes and penalty and escape prosecution under the proposed stringent law to deal with the
New Delhi: Industry body CII has said the government should announce measures like removal of anomalies in customs duty, reduction in CST rate, rationalisation of CENVAT credit scheme, among others in the forthcoming Budget.In its
New Delhi: As negotiations with states on Goods and Services Tax (GST) enter a critical stage, the Centre is looking forward to implementation of the new indirect tax regime from April 1, 2016."The deadline for
New Delhi: Amid industry apprehensions, Revenue Secretary Shaktikanta Das on Saturday said the government would shortly take a view on whether controversial tax law GAAR should be implemented from the scheduled date of April, 2015."It
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