Sat, Dec 24, 2016
Ahead of the Budget, Prime Minister Narendra Modi on Saturday favoured increasing the tax contribution from various market participants in a "fair, efficient and transparent way" and promised more "sound and prudent policies and reform measures".
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Tue, Aug 02, 2016
Minister of finance announced on Monday that the total amount of money generated from Education Cess, Swachh Bharat Cess and all other surcharges was Rs 81,008.47 during FY16. This was higher than the revenue generated in 2014-15 which amounted to Rs 74,801.41 by these taxes.
Wed, Jun 01, 2016
Many products such as cars, air tickets, cigarettes and even branded clothing will become more expensive from today. Apart from this you can also expect the prices of essentials such as food items including vegetables and other staples to increase.
Non-subsdised LPG is what consumers buy after exhausting their quota of 12. PTI reported that this is the second monthly increase in rates.
Tue, May 31, 2016
The Krishi Kalyan Cess of 0.5% on services imposed by Finance Minister Arun Jaitley comes into force from Wednesday through which the government proposes to collect Rs 5,000 crore during the remaining 10 months of the current fiscal.
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