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Ashutosh Kumar

  • CBDT to study appellate orders before tax recovery process

    In line with finance minister Arun Jaitley's focus on settling the income tax disputes to garner funds to bridge the deficit, the Central Board of Direct Taxes (CBDT) will soon start a study of the appellate orders to appraise the efficiency of the dispute resolution forums. The government has...

    Friday, 18 July 2014 - 7:15am
  • CBDT to settle tax disputes of Rs 1.34 lakh cr to boost govt revenues

    Target of disposing appellate cases accounts for almost 14% of the total tax revenue planned in the current year's budget at Rs 9,77,258 crore

    Thursday, 17 July 2014 - 7:40am
  • Give and take: Arun Jaitley juggles taxes to meet fiscal challenges

    An ambitious tax collection target and an equally ambitious tax compliance seem to form the backbone of finance minister Arun Jaitley's maiden budget through which he plans to take on the fiscal challenges facing the economy head on. So the Rs17,94,892 crore budget for 2014-15 that Jaitley tabled...

    Friday, 11 July 2014 - 6:00am
  • All eyes on Arun Jaitley today

    Economists who deliberated with finance minister Arun Jaitley on macroeconomic policy and industrialists, industry, farmers and social sector bodies which made representations for their demand will be looking forward to the budget today. Along with them waiting would be Delhi BJP leader Vijay Goel...

    Thursday, 10 July 2014 - 6:50am
  • Low interest rates for affordable housing in the offing

    The NDA government's first budget is likely to shower some benefits on the affordable housing segment in line with Prime Minister Narendra Modi's conviction to provide housing to everybody by 2022. The benefits are likely to come in the form of lower interest rates for the affordable housing...

    Wednesday, 9 July 2014 - 6:30am
  • Salaried middle class harassed by tax men is bereft of any social security

    A large section of the Indian middle class who are made to pay taxes through their nose are essentially bereft of any social security unlike their peers in the West. Like in case of 38-year-old Gurgaon-based Sameer Chatterjee (name changed) – an MNC executive -- who despite paying his taxes is...

    Tuesday, 8 July 2014 - 10:10am
  • Finance Minsitry working on sops for manufacturing sector

    The North Block is likely to announce measures to revive the manufacturing sector in the upcoming budget. A roadmap for the review of the Foreign Trade Agreements (FTAs), re-energising special economic zones (SEZs) is on the cards, according to ministry officials. Ship-building, defence and...

    Saturday, 5 July 2014 - 7:30am
  • STT rationalisation will support capital formation process: Ashish Chouhan

    As Arun Jaitley gets ready to unveil its first budget, equity markets hope that the government will instil the much-needed firepower across sectors so that it has bearing on the markets. Ashish Chouhan, MD & CEO of Asia's oldest bourse Bombay Stock Exchange (BSE), makes a strong pitch for...

    Thursday, 3 July 2014 - 6:40am
  • Finance Ministry led by Arun Jaitley to fast-track I-T appeals cases to generate revenue

    CBDT plan to unlock Rs 4.5 lakh crore stuck in such cases ready

    Wednesday, 2 July 2014 - 7:35am
  • All the Arun Jaitley's mandarins

    Officials of finance and commerce ministries are burning the proverbial midnight oil for making the budget a success

    Saturday, 28 June 2014 - 7:20am