The 2017 Rajaswa Gyan Sangam, a two-day annual conference of senior tax administrators was held at Vigyan Bhawan, New Delhi. It was inaugurated Prime Minister Narendra Modi. The...
The Central Board of Direct Taxes (CBDT) has entered into 9 Unilateral Advance Pricing Agreements (UAPAs) with Indian taxpayers in July, 2017. With this, total number of APAs...
Tax authorities of the BRICS- Brazil, Russia, India, China and South Africa have signed BRICS Taxation Cooperation Memorandum to establish a mechanism for taxation cooperation. The landmark document...
The Union Cabinet has approved signing of Memorandum of Cooperation (MOC) in respect of tax matters between India and the BRICS countries namely, Brazil, Russia, China and South...
The Union Government has set up Directorate General of Analytics and Risk Management (DGARM), a new wing to provide intelligence inputs taking action against tax evaders. It has...
The Union Finance Ministry has launched Aaykar Setu, a new tax payer service module. The new e-initiative literally means taxpayer’s bridge and will be available in android phones. It...
The government has notified the roll out of Goods and Services Tax (GST) from July 1st. Salient Facts To launch GST in the midnight of June 30th, the government...
Prior to the liberalization of Economy, India’s tax regime suffered numerous problems. These problems which were in vogue in 1960s and 1970s were as follows: There was a...
There are three kinds of the taxes on the basis of their quantum / ratio of charging viz. regressive tax progressive tax and proportional or flat tax. Regressive...
Lok Sabha has passed four Bills relating to the implementation of the Goods and Services Tax (GST). It paves way for implementing a new, consolidated indirect tax regime...
