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The 23rd meeting of the Goods and Services Tax (GST) is now underway and is being chaired by Union Finance minister Arun Jaitley. (Photo: ANI)

23rd GST Council Meeting begins in Guwahati

The GST Council in its 23rd meet is expected to slash tax rates on various goods of common consumption.

10 Nov 2017 11:27 AM IST

Finance minister Arun Jaitley at the 21st GST Council meet in Hyderabad on Saturday. (Photo: PTI)

GST Council meet: Tax overhaul of 200 items, relief for small biz...

The GST Council will meet for the last leg of its two-day meet and the session will be chaired by Finance Minister Arun...

10 Nov 2017 9:33 AM IST

File image of a man counting cash at a petrol pump.

Govt non-committal on cutting excise duty on petrol, diesel

After the cut, petrol price came down to Rs 68.38 per litre and diesel to Rs 56.89 in Delhi on October 4.

9 Nov 2017 7:41 PM IST

Modi government is considering hiking the basic salary of central government employees to Rs 21,000.

India to see 10 per cent salary increase in 2018: report

The highest projected salary rise is seen in the energy, FMCG and retail sectors.

9 Nov 2017 6:59 PM IST

State Bank of India, SBI, chairman Rajnish Kumar has replaced Arundhati Bhattacharya. (Photo: PTI)

SBI Chairman says little scope of further lowering lending rates

Last week, State Bank of India (SBI) reduced its lending rate for home and auto loans by 0.05 percentage point.

9 Nov 2017 4:01 PM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

GST Council may prune items in top slab, review tax on non AC food...

The Council, comprising state finance ministers, is also set to review the GST returns filing cycle and make it taxpayer...

9 Nov 2017 3:39 PM IST

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

Gold demand in India seen falling to lowest in 8 years in 2017: WCG

Two-thirds of India's gold demand comes from rural areas, where jewellery is a traditional store of wealth.

9 Nov 2017 11:42 AM IST

Old Rs 500 notes were banned along with Rs 1,000 curreny notes on November 8 last year. (Photo: PTI/FIle)

RBI faces space crunch in vaults, cuts note printing order for 2018

According to sources, the space crunch in RBI chests and vaults is due to the stock of scrapped Rs 500 and Rs 1,000...

9 Nov 2017 11:25 AM IST

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

GST Council meets today in Guwahati; more relief for SMEs on cards

Tax rates on 80 per cent of items in the top slab is likely to be reduced to 18 per cent, said Bihar Chief Minister...

9 Nov 2017 9:58 AM IST

Aadhaar is a 10-digit unique identity given to almost every Indians.

Aadhaar mandatory for insurance policies: Irdai

There are 24 life insurance companies and 33 general insurers (including standalone health insurers) operating in India.

9 Nov 2017 9:15 AM IST

Prime Minister Narendra Modi withdrew Rs 500 and Rs 1,000 notes from circulation on November 8 in 2016. (Photo: AFP)

India touts bank note ban, opposition fumes and Nepal short-changed

The pain from demonetisation is also being felt in Nepal, where thousands of migrant workers still have old currency...

9 Nov 2017 8:58 AM IST

According to the quarterly global survey on business optimism, Indian businesses have expressed low confidence over revenue expectations in the next 12 months.

India slips in business optimism

Drops to 7th from 2nd, Indonesia tops, Finland second.

9 Nov 2017 6:09 AM IST