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2. Arun Jaitley: "We framed the anti-black money law and asked people to disclose their black money and pay 60 percent tax instead of 30 percent plus penalty. In HSBC accounts details, while the UPA government did nothing, we assessed the accounts and filed criminal prosecution against each person. We also assessed and filed prosecutions against holders of Liechtenstein accounts. In Panama (Papers), there are two kinds of people. Few people have kept money outside the country with RBI's consent and few without it. Notices have been sent to all illegal account holders and inquiries are on".(AP)
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Budget 2016: "The Budget is a long list of disappointments. Goa's tourism-driven economy is already reeling under Swachh Bharat cess and this new 0.5 per cent Krishi Kalyan Cess to be levied on all services is going to make living more expensive,” Kawathankar said. (PTI)
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Budget 2016: "So expect more expensive trips to shops, restaurants and hotels. An additional infrastructure and agriculture cess will make tourism costly in Goa, which is already considered as one of the most expensive tourist destinations in India and world too," he added. (Reuters)
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Budget 2016: "A pollution cess of 1 per cent on small petrol cars, 2.5 per cent on diesel cars of certain specifications and 4 per cent tax on higher capacity sedans will upset taxis and private car operators. Travelling will become dearer." (Express photo)
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Tourism Secretary Vinod Zutshi announced the signing of the MoUs (Memorandums of Understanding) by Gujarat, Karnataka, Rajasthan, Uttrakahand and Chhattisgarh. (Reuters photo)
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Budget 2016: "After making a lot of noise about Make in India, it is shocking to see Minimum Alternate Tax (MAT) of 20 per cent being levied on startups. "This totally does away the so called advantages which were supposed to be provided to startups," he said. (AP)