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Industrial output or IIP rose 1.2 per cent in July. Photo: PTI

TCS results, IIP, inflation data to steer market this week

Inflation numbers and upcoming earning season should keep investment optimism measured.

8 Oct 2017 11:41 AM IST

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

54,000 petrol pump dealers to go on nationwide strike on Oct 13

The strike is to press for long-pending demands ignored by the state-run oil marketing companies.

7 Oct 2017 8:37 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 to continue rationalising rates, 28 per cent slab to be...

The Goods and Services Tax (GST) has a four-tier structure of 5, 12, 18 and 28 per cent.

7 Oct 2017 7:33 PM IST

Railway Minister Suresh Prabhu.

Industrial units in hill states to get budgetary support: Prabhu

The scheme offered as a measure of goodwill to units eligible for drawing benefits under earlier excise duty exemption.

7 Oct 2017 7:02 PM IST

IT Minister Ravi Shankar Prasad

GDP to recover in Q2 as fundamentals strong: Ravi Shankar Prasad

Prasad says GDP grew 7.5 per cent in 2014-15, 8 per cent in 2015-16 and 7.1 per cent in 2016-17.

7 Oct 2017 5:41 PM IST

GST Council on Friday including textile reduced tax rate on as many as 27 items ahead of Diwali.

Textile industry welcomes reduction in GST on man made fibre yarn

Industry says higher GST rate was creating a huge inverted duty problem for synthetic sector.

7 Oct 2017 5:37 PM IST

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

Jewellers hail govt's decision to remove industry from PMLA

Under the PMLA, every reporting entity is required to maintain record of all transactions of value exceeding Rs 10 lakh.

7 Oct 2017 5:13 PM IST

Revenue Secretary Hasmukh Adhia with Finance Minister Arun Jaitley at a GST Council meet. (Photo: File/PTI)

GST Council will resolve other issues too: MoS Finance

GST Council on Friday raised composition scheme threshold for businesses to Rs 1 crore.

7 Oct 2017 4:33 PM IST

The government is working to regulate and reduce the portion of food offered in star hotels and restaurants to reduce wastage of food. Is that a good idea?

Group of ministers to review GST on restaurants

A group of ministers will examine if the tax liability can be reduced and an alternate structure can be put in place.

7 Oct 2017 3:06 PM IST

From unbranded namkeen to ICDS food packets, the GST Council on Friday tweaked the rates for 27 items. Photo: PTI

Find out what got cheaper after GST Council tweaked rates of items

The GST Council headed by Finance Minister Arun Jaitley tweaked the GST rates for 27 items.

7 Oct 2017 2:12 PM IST

Prime Minister Narendra Modi speaks at the launch of Sahaj Bijli Har Ghar Yojana or Saubhagya, to supply electricity to poor households, in New Delhi. (Photo: PTI)

Faced with criticism for slow growth, Modi govt reduces burden on SMEs

Small and medium-sized enterprises are crucial to Modi's plans to create millions of more jobs.

7 Oct 2017 1:02 PM IST

Prime Minister Narendra Modi has accepted there was a slowdown in economy but also said it was temporary. (Photo: PTI)

Modi says changes have made GST 'even simpler'

GST Council on Friday gave relief to small and medium businesses on filing and payment of taxes.

7 Oct 2017 12:23 PM IST