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The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

18 pc GST on flat owners paying monthly maintenance of over Rs 7,500

Tax liability would be calculated for a person who owns two or more flats in the housing society or residential complex.

23 July 2019 8:49 AM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

Flipkart simplifies onboarding process for new sellers

To ensure easy access, the company has also stationed 13 regional teams across the country to help onboard sellers in...

23 July 2019 8:44 AM IST

Hotstar, owned by Twenty-First Century Foxs Star India arm, launched in India in 2015.

Cricket helps Hotstar user base to touch 300 million

Among content platforms, Hotstar saw its active monthly user base grow to 300 million in the June quarter against 200...

23 July 2019 1:13 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Breach of 11300 would extend correction

Sensex and Nifty-50 closed at two-month lows, as selling in the market continued for the third consecutive session.

23 July 2019 1:11 AM IST

Housing financiers like Indiabulls Housing Finance and Dewan Housing Finance are facing liquidity crunch.

Startups warming up to affordable housing

Players moving into the space with Govt/PE funding.

23 July 2019 1:09 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

No GST on goods sent for fairs

Several goods are taken out of India for exhibitions or other export promotion events.

23 July 2019 1:07 AM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Govt panel for banning private cryptocurrencies

The committee recommended that all private cryptocurrencies, except any cryptocurrency issued by the state, be banned.

23 July 2019 1:05 AM IST

The key findings of surveys and recommendations have been submitted to the RBI Committee on Deepening of Digital Payments. (Photo: ANI)

Payments banks fall by the way on tight regulatory requirements

According to Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India, the future is "uncertain" for...

23 July 2019 1:04 AM IST

Jaypee Infratechs Interim Resolution Professional (IRP) Anuj Jain too favoured voting process for the revised offer.

Will pay creditors entire outstanding amount; complete projects in 3...

A two-member bench asked the promoter of Jaypee Infratech to file written submissions over exclusion of time frame.

22 July 2019 7:56 PM IST

Taking cognisance of the risks associated in dealing with bitcoin and other such VCs, the RBI decided that, with immediate effect, entities regulated by it shall not deal with or provide services to any individual or business entities dealing with or settling VCs.

Inter-ministerial group suggests ban on cryptocurrencies in India

The panel also suggested a draft legislation -- Banning of Cryptocurrency & Regulation of Official Digital Currency...

22 July 2019 7:17 PM IST

Allaying worries over the rupees slide, Niti Aayog vice-chairman Rajiv Kumar said that the currency was coming back to its natural value after witnessing a 17% appreciation in the last three years.

India will achieve 8 pc plus growth from FY 2020-2021 onwards: NITI...

The foundation has been laid and transformation has begun with reforms like GST, IBC said Niti Aayog V-C Rajiv Kumar.

22 July 2019 7:04 PM IST

The International Monetary Fund (IMF) on Wednesday approved a USD 6 billion loan for Pakistan. (Photo: AFP)

IMF urges Pakistan to mobilise domestic tax revenue

Recently, the IMF cleared a USD 6 billion bailout package to cash-strapped Pakistan to overcome economic difficulties.

22 July 2019 5:08 PM IST