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Under the new framework, firms have to share critical information with the GST Network, which has allowed registered Application Service Providers (ASPs) and GST service providers to support both suppliers and buyers.

Cyber security is key for GST's success

GST Network needs stronger measures to prevent data leak.

25 May 2017 7:44 AM IST

The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.

Taxmen unearth 400 benami deals

24 dedicated Benami Prohibition Units have been set up all over India.

25 May 2017 6:54 AM IST

Telecom department had asked Trai to reconsidered its recommendation to impose heavy penalty on the incumbent telecom service providers over the issue of PoIs to Jio.

Trai won't tweak fines imposed

TraI pointed out that non-compliance of terms and conditions of the licence warrants recommendations for the revocation...

25 May 2017 4:55 AM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Moody's downgrades china after 30 years

Moody's flags surging debt trouble as the economy slows.

25 May 2017 4:42 AM IST

Only local suppliers eligible in procurement of Rs 50 lakh or less, if sufficient local capacity and competition ensured.

Govt nod to public procurement policy for local goods

20 per cent margin of purchase preference for local suppliers in procurement of more than Rs 50 lakh.

24 May 2017 8:18 PM IST

2016 overall was a watershed year for Indian real estate. (Representational Image)

Realtors differ over GST's impact on housing prices

Exemption from service tax on construction of low-cost houses not being continued under GST.

24 May 2017 8:10 PM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee recovers from 7-week low, up 16 paise

Rupee is trading at 64.73 following fresh bouts of dollar selling by banks and exporters.

24 May 2017 7:52 PM IST

Finance minister ArunJaitley

Govt abolishes FIPB, new mechanism for FDI approval on anvil

India embarked on its first market reforms in 1991, in a departure from decades of socialist planning.

24 May 2017 7:02 PM IST

Tax payers will also need to quote their Aadhaar number while filing their returns as per the recently passed amendments in the Finance Bill.

I-T dept unearths 400 benami deals, attaches Rs 600-cr properties

Crackdowns form part of tax dept's efforts to implement new Benami Act to ensure visible outcomes.

24 May 2017 6:49 PM IST

The stock tanked 9.95 per cent on BSE today to Rs 58.35 -- its lowest trading permissible limit for the day and also its 52-week low.

Videocon shares see massive sell-off; plunge 42 pc

The 3-days decline has wiped out Rs 1,407.43 crore from the company's market valuation.

24 May 2017 6:37 PM IST

Arrested on the basis of profiling, the gold was concealed in the shoes he was wearing. (Representational Purpos).

Gold slips, silver weakens at bullion market

Standard gold (99.5 purity) declined by Rs 185 to end at Rs 28,680 per 10 grams from Tuesday's closing level of Rs...

24 May 2017 6:30 PM IST

Infosys CEO Vishal Sikka

Vishal Sikka's salary slumps 67 per cent in FY17

Cash component of Sikka's salary was Rs 16.01 crore, down from Rs 48.73 crore in 2015-16.

24 May 2017 6:27 PM IST