As per the bill, if a business fails then the case of insolvency will have to be resolved within a period 180 days, which can be extended by another 90 days. Read More
Addressing the second meeting of the State Finance Secretaries in New Delhi on Monday, Finance Minister Arun Jaitley asked the states to spend more on development of infrastructure, social and rural sectors. Read More
The tax buoyancy is namely on account of indirect taxes as the government was able to mop up more excise tax on retail sale of petrol and diesel. Read More