Tag: revenue secretary
No change in LTCG in medium term: Revenue secretary Sanjay Malhotra
NEW DELHI: Revenue secretary Sanjay Malhotra on Tuesday ruled out any review of the long-term capital gains (LTCG) tax regime in the medium term.“For the…
Capital gains tax rationalisation was industry’s demand, says Revenue Secy
Revenue secretary Sanjay Malhotra Friday defended the government’s decision to rationalise the capital gains tax regime saying that the industry itself had demanded rationalisation of…
Budget widens ambit of transfer pricing, enhances power of officers to pick domestic cases
The budget has proposed to widen the transfer pricing provision, extending it to even some domestic transactions.It has also enhanced the power of the transfer…
union budget 2024: First draft of new simplified I-T law to be prepared by tax dept panel: Revenue Secretary Sanjay Malhotra
The first draft of a new simplified income tax law, as proposed in the Budget, will be prepared by an internal committee of the tax…
Capital gains tax rejig aims at simpler regime, says revenue secretary Sanjay Malhotra
Removal of indexation and introduction of lower capital gains tax rate is aimed at simplification, said revenue secretary Sanjay Malhotra. In an interview to Anuradha…
Customs duty on gold: Customs duty structure review to focus on reducing number of rates: Revenue Secretary
The government is looking at bringing down the number of customs duty levies to five from about a dozen presently, as part of the duty…