Capital gain refers to the gain or profit from the sale of property or an investment. Investment may be in shares, equity, gold, real estate or valuables like paintings. Capital...
The Union government has constituted a GST Committee on Exports headed by revenue secretary Dr Hasmukh Adhia to look into issues of export sector and to recommend suitable...
The Goods and Service Tax (GST) Council has formed a selection committee under the chairmanship of cabinet secretary Pradeep Kumar Sinha to identify and recommend eligible persons for...
India’s Central Board of Direct Taxes (CBDT) and the UK have signed three Bilateral Advance Pricing Agreements (B- APAs) taking the total number of APAs concluded between India...
To improve relations with Pakistan, India is likely to cut the peak tariff rate to 5 % within three years. The Union Cabinet might allow a diminution in...
To review taxation of development centres and IT sector a committee has been established by the Prime Minister Dr Manmohan Singh. The Committee will function in consultations with...
As per a latest study, Tamil Nadu has left behind states like Gujarat and Andhra Pradesh in attracting Foreign Direct Investment (FDI). The state has attracted investments of...
A new service tax regime has come into force. All services, except 38 services in the negative list, will now attract 12% service tax. The government has also...
India’s fiscal deficit reached almost 71% of its full-year target in the first half of the year, casting doubts over its ability to meet budget goals as central...
India and Iran settled to set up a mechanism for payment of crude oil. The mechanism covers the payment to Indian exporters and a few other domains. In...
