Arun Jaitley

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

In line with its promise of cutting Indian corporate tax in a phased manner, the Government on Thursday announced that it would be reduced to 25 percent from the coming fiscal for companies which had a turnover up to...

In his last full budget before the general elections in 2019, Finance Minister Arun Jaitley raised the customs duty on items like cars and motorcycles, mobile phones, vegetable and fruit juices, and perfumes making them more expensive.At the same...

Highlights of the Union Budget for 2018-19 presented in the Lok Sabha by Finance Minister Arun Jaitley on Thursday:- Allocation in food processing ministry doubled to Rs 1,400 crore from Rs 715 crore- MSMEs sector gets Rs 3,794 crore...

In a major revamp of the GST tax structure, the GST Council on Friday removed 178 items from the highest 28 per cent category while cutting the tax on all restaurants outside starred-hotels to 5 per cent but withdrawing...

The new indirect tax regime -- The Goods and Services Tax (GST) -- will be launched at the midnight of June 30 in the Central Hall of Parliament in an hour-long event that will evoke memories of the Tryst...

The GST Council on Sunday unanimously agreed on a July 1 rollout of the Goods and Services Tax regime despite some pending issues, while relaxing the return filing deadline for the first two months, and approved the rules on...

The Goods and Services Tax Council will hold its next meeting, chaired by Finance Minister Arun Jaitley, on June 18 to discuss revision of GST rates on some more items and approval of draft rules. Jaitley will chair the 17th...

Textile industry has urged the GST Council to lower the service tax on job work related to made-ups and garment sector, saying the proposed 18 per cent tax would escalate the prices of final goods making them uncompetitive in...

The much-awaited new textile policy is likely to be finalised in the next three months, a senior official said. "After consultation is done with stakeholders we have finalised the draft. We are now trying to incorporate international response and output...