Government policies
Central staff, pensioners to get revised pay and arrears in August
30 Jul 2016
With the disbursement of seven months’ arrears, the government will be injecting nearly Rs60,000 crore into the economy in August, in one shot
GST Bill: States to get full compensation for 5 years
28 Jul 2016
The union cabinet has cleared changes in the Goods and Service Tax Constitutional Amendment Bill, dropping the 1 per cent manufacturing tax on inter-state sales
Kerala imposes 14.5% ‘fat tax’ on fast-food
09 Jul 2016
While eating out at fast food restaurants like McDonald's, Pizza Hut, Domino's and others will become more expensive in Kerala, the Left government hopes to earn an additional revenue of Rs10 crore from the proposed tax
Niti Aayog panel recommends scrapping of Railway Budget
23 Jun 2016
There is a huge mismatch between Railways’ earnings and expenses forcing it to look to the finance ministry to meet most of its additional expenditure
India bans potassium bromate as food additive
22 Jun 2016
Arrest wilful defaulters, sell assets, CBDT tells taxmen
22 Jun 2016
The provisions of arrest, detention and auctioning of assets against tax evaders have rarely been used so far, but now the tax board has told its officers to freely use these stringent provisions