Budget may see hike in service tax - Deccan Herald

Finance Minister Arun Jaitley is expected to present a Budget on Wednesday that may give some tax concessions to the common man, but also take away a few in order to be financially prudent. High on the list of takeaways is an increase in service tax ...and more »

Focus on reviving economic growth - Hindu Business Line

A Budget is a statement of revenue and expenditure over a period of time. In the context of the Government of India (GoI), the Union Budget holds greater significance than simply being an accounting exercise, as it unveils the tax policies for the ...and more »

Budget countdown: Raise income tax slabs for individuals - Hindu Business Line

On Wednesday, individual taxpayers would be hoping for an encore of the July 2014 Budget, and an enhanced one at that. In that Budget — the first after the Narendra Modi government took charge — Finance Minister Arun Jaitley had raised by ₹50,000 the ...and more »

Demonetisation, GST to fetch more revenues to govt: Jaitley - The Hindu

Finance Minister Arun Jaitley today put up a spirited defence of demonetisation, saying the drive “shook” the financial system for a short while, but will integrate the shadow economy with the formal in the long run and ensure better tax compliance. He ...and more »

Budget 2017: Key expectations of the Information Technology sector - Economic Times

By Girish Vanvari - Partner and Head, Tax - KPMG in India In India, the Information Technology (IT) sector plays a vital role in the growth of the economy. During the Financial Year (FY) 2016, the Indian IT-BPO sector contributed nearly 9.3% of India's ...and more »

Union Budget 2017: Six key expectations of startup sector - Economic Times

With startups often hitting regulatory roadblocks under the heavy hand of archaic laws, entrepreneurs and investors are hoping that the upcoming. Union Budget will iron out some of the policy imbalances mooted in the Startup India programme. Speaking ...and more »

CBEC chief red-flags issues over GST in front of Jaitley - Business Standard

Central Board of Excise and Customs (CBEC) Chairman Najib Shah on Friday raised concerns over the proposed goods and services tax (GST) on behalf of excise and service tax officials on the same dais where Finance Minister Arun Jaitley was present.and more »

Restarting India's growth engines must be Jaitley's priority - Forbes India

The Indian economy is today akin to a single-engine Cessna with three of its growth engines—private investment, domestic consumption and exports—sputtering. Public investment, its fourth engine, does not have the required thrust. The budget is an ...and more »

Budget 2017: Eating out, flying to cost more as service tax may be hiked before GST rollout - International Business Times, India Edition

The expected move would be an attempt by the government to bridge the gap between the existing service tax rate and the proposed GST tax slabs. no photo. Deependra Jha. January 30, 2017 10:04 IST. India restaurantReuters. Eating out, phone bills and ...and more »

18 fascinating facts about the Union Budget - Oneindia

Union Finance Minister Arun Jaitley is all set to present the first budget post demonetisation on February 1. The advance budget date has been marred with controversies ever since it was announced. However, after clearing legal hurdles, the Union ...and more »