PHD Chamber of Commerce and Industry asked Arun Jaitley to restrict corporate tax at 25 per cent with cesses and surcharges from 2017-18
Union Finance Minister Arun Jaitley did not attend Bengal Global Business Summit amid not-so-good current political relationship between the state and the Centre.
The government has told Election Commission in Sept 2016 decision to advance Budget presentation by a month.
Nepalese Foreign Minister Prakash Sharan Mahat today held talks with Finance Minister Arun Jaitley and Minister of State for External Affairs V K Singh.
Jaitley says there was a broad view that July 1 appears to be a more realistic date to roll out GST.
GST Council had in previous meeting agreed on most of the clauses of the draft IGST law.
Regulators offered their suggestions and proposal for the upcoming Budget for 2017-18
Gadkari says FinMin proposing FY18 capex outlay at only Rs 58,362 crore or less than 50 per cent of Transport Ministry's proposal of Rs 90,904 crore.
Jaitley says there was still work left for GST Bills and the Council will again meet on January 16.
In fresh roadblocks to GST rollout, states demanded taxation rights for sales in high seas and also increasing number of items on which cess is to be levied.