Sanjay Malhotra, currently serving as the revenue secretary at the Ministry of Finance, has been appointed as the new Governor of Reserve Bank of India.
Speaking at a post-budget interaction with industry leaders, Revenue Secretary Sanjay Malhotra said on Thursday that the government is working on a revised direct tax code, which will be released in six months for wider consultations.
The changes in the capital gain taxes have been announced to make the rates simple to understand people so that they can understand their tax rates well, said Revenue Secretary, Sanjay Malhotra.
The foundation stone for the New GST Bhawan and Residential Quarters at Hyderabad for officers and staff of CGST and Customs zone was laid by Revenue Secretary Sanjay Malhotra on Wednesday.
Emphasising "certainty and stability" in the tax structure, Revenue Secretary Sanjay Malhotra has said that any change in customs duty can be looked at in the full budget to be presented after the Lok Sabha polls and that the government is aiming Rs 1.83 lakh crore GST collection per mont
India and the United States co-chaired the US-India Anti-Money Laundering and Countering the Financing of Terrorism Dialogue, and agreed to improve cooperation and information sharing
The Centre’s move to bring the Goods and Services Tax Network (GSTN) under the purview of Prevention of Money Laundering Act (PMLA) was to empower the relevant investigating agencies to deal with tax fraud and money laundering matters, and not giving outright access to data to any party, sai
Sanjay Malhotra, revenue secretary under the Ministry of Finance has said the tax relief announced in the Budget was based on the principle of a trust-based relationship.
Union Finance Minister Nirmala Sitharaman, who is the chairperson of the GST Council, said as many as 15 items were on agenda during today's GST Council meeting, of which eight were completed, and the remaining are to be carried forward to the next council meet.
Sanjay Malhotra is a 1990-batch Indian Administrative Service officer of the Rajasthan cadre. He is an IIT-Kanpur alumnus and has a master's degree in public policy from Princeton University.