Apex industry body ASSOCHAM suggested the government to introduce the ‘equalisation levy’ as part of Indian Income-tax Act itself and not as a separate
Finance Ministry said international agencies like IMF, World Bank and OECDare highly appreciative of India’s policy initiatives and measures to deal with tax evasion
In a diplomacy news update, the Finance Minister Shri Arun Jaitely participated in the 49th Annual Commonwealth Finance Ministers Meeting at Lima, Peru yesterday.