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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.

Business

Imposition of calamity tax with GST not advisable: CAIT

CAIT in a statement said that any move to impose calamity tax with the GST will set a wrong precedent in the country.

3 Oct 2018 11:18 AM IST

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

Business

Innovations for festive sales help build capabilities for future:...

Flipkart, which will host its Big Billion Days (BBD) sale from October 10-14 this year, has doubled its warehousing...

3 Oct 2018 10:46 AM IST

Nationwide electronic or e-way bill system for inter-state movement of goods has been rolled out today, with GSTN officials saying that the platform is working smoothly.

Business

Govt to penalise traders misusing e-way bill to evade taxes

As per the top official, around 15 lakh e-way bills are being generated on a daily basis.

3 Oct 2018 10:32 AM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Business

Sensex falls over 200 points, Nifty slips below 11,000

BSE 30-share barometer fell 231.08 points, or 0.63 per cent, to 36,295.06 after hitting a low of 36,325.15.

3 Oct 2018 10:10 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Business

Rupee hits new low of 73.34, plunges 43 paise against USD

Concerns of fears of rising fiscal deficit and capital outflows mainly weighed on the domestic currency.

3 Oct 2018 9:38 AM IST

$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business