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European Commission President Jean-Claude Juncker. (Photo: AFP)

Jean-Claude Juncker says 5.7 per cent GDP is not a slowdown

EC President Jean-Claude Juncker says it is much better than that clocked by major economies of Europe.

7 Oct 2017 11:33 AM IST

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

Goa hit by GST as state's tax collection dips 22 per cent

The state government expects the GST to stabilise from January 2018 onwards.

7 Oct 2017 10:36 AM IST

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

Relief for small and medium enterprises, 27 items cheaper

Prime Minister Narendra Modi welcomed the steps announced on Friday and said the GST has become even simpler after GST...

7 Oct 2017 1:38 AM IST

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

Relief for small and medium enterprises, 27 items cheaper

Prime Minister Narendra Modi welcomed the steps announced on Friday and said the GST has become even simpler after GST...

7 Oct 2017 1:38 AM IST

Finance minister Arun Jaitley listens to chief economic advisor Arvind Subramaniam as MoS (finance) Shiv Pratap Shukla looks on at the 22nd meeting of the GST council in New Delhi. (Photo: PTI)

GST Council's decisions will help SMEs: India Inc

Delay in reverse charge will boost SMEs' businesses.

7 Oct 2017 1:02 AM IST

Finance Minister Arun Jaitley at a 2014 World Economic Forum, WEF, event. (Photo: File/PTI)

5,800 companies reveal suspicious transaction of Rs 4,552 crore

The ministry said that 13 banks have submitted their first instalment of data.

7 Oct 2017 12:52 AM IST

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Govt revokes notification, puts gems, jewellery dealers out of PMLA

A separate notification after due consideration of points raised and wider stakeholder consultation, shall be issued...

6 Oct 2017 9:23 PM IST

Union Minister for Finance, Defence and Corporate Affairs, Arun Jaitley briefs a press conference after a Cabinet meeting in New Delhi. (Photo: AP)

GST council announces e-wallet for exporters, alters rates for 27...

The e-wallets will provide exporters the funds to pay the tax without choking liquidity.

6 Oct 2017 8:47 PM IST

A farmer carries a paddy for transplantation on the outskirts of Guwahati. (Photo: AP)

Over 10.59 lakh tonne paddy arrives in Haryana 'mandis'

Out of total arrival, govt procuring agencies purchased over 10.43 lakh tonne.

6 Oct 2017 6:29 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)

Modi to lay foundation stone for Rs 962 crore bridge, other projs in...

Union Minister Nitin Gadkari and Minister of State Mansukh L Mandavia will accompany him.

6 Oct 2017 5:54 PM IST

Penalty amount that can be imposed by ICAI on individual auditors should be increased to a maximum of Rs 1 crore.

ICAI should have powers to penalise audit firms: Sebi panel

At present ICAI can only impose a maximum of Rs 5 lakh fine on its members in case of violations.

6 Oct 2017 4:35 PM IST

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

GST Council raises composition scheme threshold for firms

The Council reached a consensus to raise the composition threshold on companies with a turnover of up to Rs 1 crore.

6 Oct 2017 4:18 PM IST