Can't let shadow economy to be bigger than real economy: Jaitley

Terming the introduction of the Insolvency and Bankruptcy Code as a "belated reform" FM expected the measure to bear fruits going forward.

Arrogant rulers became helpless before people: Uddhav on Centre's GST relief

The GST Council on Friday made sweeping changes to give relief to small and medium businesses.

The state government expects the GST to stabilise from January 2018 onwards.

State received Rs 850 crore under state GST and Rs 690 crore from petroleum products.

Resolution of public grievances has also been reviewed in 17 sectors.

GST unified 17 different levies including central excise, service tax and VAT and there were apprehensions of initial hiccups.

Prices of petrol will come down in the range of 66 paise to Rs 1.77 per litre depending on the local taxes.

Cabinet secretary asks ministries to keep an eye on price.

NSE 50-share Nifty index opened higher at 9,587.95 and hit 9,624.00 before ending at 9,615.00.

GST removes at least 17 different taxes and transforms India into a single market.