FM: One nation one tax to eliminate corruption

As the government gears up for a fresh push to get the long-pending GST law passed, Finance Minister Arun Jaitley today said the 'one nation, one tax' regime will reduce the taxation levels and also eliminate corruption.

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GST bill passes in Rajya Sabha, India is finally one country with one tax

Taxes are indeed a difficult subject for aam aadmi. It looks like a maze of legalese and maths, signifying nothing much. With the GST, the government is aiming to simplify it for the general public.The government explains the GST in simple terms in the recenlty-published frequently asked questions.

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GST: Ensure standard rate is not more than 18%, Chidambaram urges Jaitley

Former Finance Minister and Congress leader P Chidambaram spoke in the Rajya Sabha during discussion on the Goods and Services Tax Bill (GST) and said that the Congress party was never opposed to the idea of GST.

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AAP MLA in trouble, I-T officials raid Kartar Singh's farmhouse

Another Aam Aadmi Party (AAP) MLA has landed in trouble. Income Tax officials have raid the residence of AAP MLA Kartar Singh Tanwar.

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`Cow cess' on movies, weddings in Haryana?

A proposal has been sent to the Haryana government seeking to impose a 5 percent ‘cow cess’ on cinema tickets in the state in addition to the 20 percent entertainment tax that is already being levied.

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SC allows IT department to reopen tax case on Amitabh Bachchan's income from KBC

In a setback for megastar Amitabh Bachchan, the Supreme Court today allowed the Income Tax department to reopen a 2001 tax case against him. The I-T department says the actor owes Rs. 1.66 crore in taxes for his show Kaun Banega Crorepati for the year 2001-2002.

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Amitabh Bachchan finally breaks his silence on Panama tax evasion case

Amitabh Bachchan, whose name was linked to shipping companies in tax havens in the Panama paper leaks, denied any connection with the entities and said his name may have been misused. He said all his overseas remittances were legal and after paying Indian taxes.

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