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Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

Direct tax collections rise 15.8 per cent to Rs 3.86 lakh crore in...

CBDT reveals growth in personal income tax, PIT, advance tax is 30.1 per cent.

11 Oct 2017 4:18 PM IST

Mr Putin said he expected the world oil market soon to be balanced.

Oil drilling rigs import exempt from GST to boost local output

Petrol, diesel, jet fuel (ATF), natural gas and crude oil have been kept out of the GST regime.

11 Oct 2017 2:17 PM IST

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

Only 40 lakh or 62 per cent taxpayers file GSTR-1 in July

Report says deadline for submission of GSTR-1 ended at October 10-11 midnight.

11 Oct 2017 2:16 PM IST

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

Uttarakhand slashes VAT, cess on petrol, diesel by 2 per cent

Uttarakhand Finance Minister Prakash Pant confirmed that the government had decided to slash cess and VAT on petrol and...

11 Oct 2017 2:10 PM IST

Consumer inflation in August jumped to 3.36 per cent.

India's industrial growth, inflation likely to rise: Morgan Stanley

India's retail inflation had swelled to 5-month high of 3.36 per cent in August on costlier vegetables and fruits.

11 Oct 2017 1:40 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

SC's judgement on privacy protects Aadhar: Jaitley

Finance Minister is in US to attend annual meetings of IMF and World Bank.

11 Oct 2017 12:49 PM IST

As per the data, food inflation basket contracted to 0.56 per cent in January, negative growth second time in a row.

Sept inflation seen at 6 month high on GST, public sector pay rise

Annual economic growth dropped to a three year low of 5.7 per cent in April-June quarter.

11 Oct 2017 12:45 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

Digital payments to grow at 26 per cent CAGR during 2016-2020: report

India could potentially make its way into the global top 10 markets in terms of non-cash transaction volumes.

11 Oct 2017 12:32 PM IST

UIDAI on Sunday asserted that Aadhaar system has stringent security features to prevent any unauthorised capture or transmission of data. Photo: PTI

Aadhaar-SIM linking to get easier for senior citizens

The Supreme Court's order in February 2017 mandated linking phone numbers with Aadhaar for every individual.

11 Oct 2017 12:19 PM IST

US economist Richard Thaler on Monday won the Nobel Prize in Economics. (Photo: AP)

New Nobel Prize economist Thaler stumped by record markets

Thaler said on Tuesday he is puzzled by the steady rise of global stock markets in recent years.

11 Oct 2017 11:24 AM IST

Indias Prime Minister Narendra Modi talks to journalists after a Memorandum of Understanding ceremony at the President House in Naypyitaw, Myanmar on Wednesday, Sept 6, 2017. (Photo: AP)

Modi appointed economic advisory council to hold first meet today

The Council will address all issues of emergent importance, will engage with stakeholders and formulate advice...

11 Oct 2017 10:33 AM IST

Total bad loans had risen 5.8 per cent in July-December period last year. (Photo: Representational/PTI)

Bad loan crisis worsens as NPAs hit Rs 9.5 lakh crore

Report says stubborn bad debt problem has eaten into bank profits and choked off new lending.

11 Oct 2017 10:27 AM IST