GST: News
India sees 20% rise in dollar millionaires, despite GST-impact: Report
Despite adverse impact of GST implementation, India saw a 20% increase in both the number of dollar-millionaires and their wealth in 2017, a report said today.
Arun Jaitley urges citizens to pay taxes honestly
Union Minister Arun Jaitley today urged citizens to pay their due share of taxes "honestly" to reduce dependence on oil as a revenue source.
Lakhs of trucks go off roads, food prices might increase
About 90L trucks are expected to go off the roads in India today as owners and operators began an indefinite strike, said Channa Reddy, president of the All India Confederation of Goods Vehicle Owners' Associations.
India, fastest-growing major economy, trend likely to continue: Jaitley
Union Minister Arun Jaitley said that 7.7% economic growth in the fourth quarter of 2017-18 "firmly" established India as the fastest-growing major economy in the world and the trend is likely to continue for some years.
Here's your 'Weekly Industry Insight' for all your stock decisions
Thinking of making money by investing in stocks? But which stocks should give the highest returns throughout this week? And which ones should you avoid?
Business Roundup: Here are today's top 5 Business news
Here comes your business roundup express loaded with all the business new of the day.
Business Roundup: Here are today's top 5 Business news
Missed today's business headlines? No worries, here's your daily business dose.
Want to make Mumbai a financial technology hub: CM Fadnavis
Maharashtra CM Devendra Fadnavis said he wants to make Mumbai a hub for financial technology.
Business Roundup: Here are today's top 5 Business news
Hola! Missed the business headlines of the day? No worries, here's your daily wrap of business news.
SP dares BJP to hold UP-assembly, LS-polls together in 2019
Buoyed by opposition victory in key Lok Sabha by-polls in Uttar Pradesh, Samajwadi Party chief Akhilesh Yadav today dared the BJP government at the Center to hold simultaneous Lok Sabha and Assembly polls in the state in 2019.
India slammed by IATA for taxing international tickets, creeping re-regulation
The International Air Transport Association (IATA) today reprimanded India for taxing international tickets in contravention of the resolutions of the UN body International Civil Aviation Organization (ICAO).
Fuel price hike: Working towards a 'long-term' solution, claims Javadekar
After facing massive flak on the rising fuel prices, HRD Minister Prakash Javadekar has recently claimed that the Centre is working for a 'long-term' fix.
Punjab CM promises increased support to existing industry, local investors
Punjab Chief Minister Amarinder Singh has promised to extend support provided to local investors and existing industry to leverage the state's intrinsic strengths.
On rising fuel prices, Smriti Irani passes responsibility to states
Union Textile Minister Smriti Irani said states should bring fuel prices under GST framework to curtail exorbitant rates of petrol and diesel.
Kashmir terrorism in last-stage because of Modi govt: Union Minister
Terrorism is in its "last stage" in Kashmir because of the Modi government's decisive actions on the anti-terrorism front and over 600 terrorists had been killed so far in the current NDA rule, claimed Union Minister Jitendra Singh.
If the government's plan works, fuel-prices could drop by Rs.4-5
After two weeks of fuel prices rising every day, hope is on the anvil. The Center is planning to reduce prices by Rs. 4-5 through a multi-pronged strategy, HT reports.
India, from 'fragile five' to 'bright spot' in global economy
Union Minister Arun Jaitley today, in his Facebook post, said that the Modi government has provided a "scam-free" governance during the last four years, and the country has transformed from being a part of the fragile five' to the "bright spot" on the global stage.
States can and must reduce duty on petrol: NITI Aayog
States can and must cut the duty on petrol, while the Center should create fiscal space to deal with the spurt in oil prices, NITI Aayog Vice-Chairman Rajiv Kumar said today.
Bringing petrol, diesel under GST will lower prices: CM Fadnavis
Fuel prices will come down once the Center builds a consensus to bring petrol and diesel under the Goods and Services Tax (GST), Maharashtra Chief Minister Devendra Fadnavis said.
Fuel prices rise for 10th day, government assures "long-term" measure
Even as petrol/diesel prices increased for the 10th day, the government again assured relief, with Law Minister Ravi Shankar Prasad batting for a "long-term" solution instead of an "ad hoc measure."
New tax code set to benefit all businesses, small taxpayers
A new direct tax code the government is working on will be a boon for business and small personal income tax payers.
Costlier fuel pushes up WPI inflation to 3.18% in April
Inflation based on wholesale prices touched a four-month high of 3.18% in April on increasing prices of petrol and diesel as well as fruits and vegetables.
Center trying to impose 'one-history', 'one-language', 'one-lifestyle' ideology: Chidambaram
Senior Congress leader P Chidambaram yesterday alleged the BJP and RSS were trying to impose autocratic rule in the nation and their main aim was to destroy the federal system and build a Hindu nation.
Indian economy coming out of Demonetization and GST shock: IndRa
Indian economy is gradually coming out of the twin shock of demonetization and GST which temporarily derailed growth, India Ratings said.
Country facing crises due to Modi government's economic-mismanagement, disastrous policies
Former PM Manmohan Singh today launched a scathing attack on the Modi government for its "disastrous policies" and "economic mismanagement", and said the country was facing crises that were avoidable.
Expenditure on court cases goes up over Rs. 40 crore
The expenditure incurred by the government in contesting cases in the Supreme Court has gone up from nearly Rs. 11 crore in 2011-12 to Rs. 42.40 crore in 2017-18, Law Ministry data shows.
Journalist Upendra Rai arrested for extorting Rs. 15cr from builder
CBI has registered a fresh case against arrested journalist Upendra Rai and his associate Rahul Sharma for allegedly extorting Rs. 15cr from a Mumbai-based builder by portraying himself as an income tax "power broker", officials said.
GST-returns to be filed monthly, GSTN to go to government
The GST Council took some major decisions in its 27th meeting yesterday. The most important is the introduction of monthly returns filing for most taxpayers, a move that will greatly simplify the current three-step process.
Global gold demand dips to 973 ton in Q1: WGC
The global gold demand fell by 7% to 973 ton during January-March 2018 quarter as compared to the same period last year mainly due to a decline in investment demand, according to the World Gold Council (WGC).
Mumbai police bust call-center racket in Ghaziabad
Police in Mumbai have busted a call center racket in Ghaziabad that cheated over 80 people of lakhs of rupees in just six months.
Government collected Rs. 1.03 lakh crore as GST in April
The government mopped up Rs. 1.03-lakh-crore as Goods and Services Tax (GST) collection in Apr'18, indicating stabilization of the new indirect tax regime that was rolled out in July'17.
Man waiting for Rs. 35-refund from IRCTC since a year
For nearly a year, a Kota-based engineer has been fighting to get Rs. 35 refund from Indian Railways.
RBI circular barring banking service for cryptocurrencies challenged in HC
The Delhi HC has sought the response of the Centre, the RBI, and the GST Council on a plea challenging a circular which prohibits banks and financial institutions from "providing any service in relation to virtual currencies such as cryptocurrencies."
'Duty Free' shops at Delhi international airport to pay GST
International passengers buying goods at Delhi airport's 'Duty Free' shops will have to pay GST, with the Authority for Advance Ruling (AAR) saying that such outlets at the Delhi International Airport are not 'free from duties' under the Goods and Services Tax(GST) regime.
India's pace of growth to accelerate in 2018-19: RBI Governor
Asserting that the Indian economy turned in a resilient performance in 2017-18, RBI Governor Urjit Patel has said the country's growth is expected to accelerate in 2018-19.
India's growth momentum must continue despite elections, says IMF
The International Monetary Fund said it wants continued momentum in India's growth and structural reforms despite the election period.
Petrol,diesel prices touch new-highs. Will bringing them under GST help?
Petrol price in Delhi touched a new high today at Rs. 74.08 per liter, the highest in almost five years.
Bengaluru pays its professionals Rs. 11 lakh annually, highest countrywide
Bengaluru is still the highest paying city in India, says a Randstad study, whose last year's survey had the Garden City at numero uno position as well.
World Bank: India has recovered from the impact of demonetization
The World Bank has said that the Indian economy has recovered from the adverse effects of the demonetization and implementation of GST.
Top-performers across sectors can expect 15% salary-hikes this year: Experts
In good news for top performers across sectors, HR experts predict they can expect as much as 15% salary hike this year.