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Union Finance Minister Arun Jaitley addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)

Jaitley urges those demanding development to pay their due

Jaitley opined that 'revenue is the lifeline of governance' and would help in taking India from a developing to...

1 Oct 2017 1:15 PM IST

India has sharply increased its exposure to US government securities with holdings worth USD 135.7 billion at the end of July. Photo: PTI

India's holdings of US govt securities touch USD 135.7 billion

India has increased its purchase of American government securities and is the third largest holder among the BRICS...

1 Oct 2017 12:14 PM IST

Healthcare services such as dialysis, pacemaker implantation, support devices in orthopaedics and cancer treatment could be costlier under GST.

Bhutanese economy likely to be impacted by GST: ADB

Bhutan's imports will likely increase as Indian exports are zero rated under GST, making the imports cheaper.

1 Oct 2017 11:47 AM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Eight of 10 most valued cos lose Rs 82,653 crore in m-cap

In m-cap ranking of top-10 firms, RIL stood at number one, followed by TCS, HDFC Bank, ITC, HDFC, HUL, Maruti, SBI, ONGC...

1 Oct 2017 11:17 AM IST

Nitin Gadkari Union Road Transport and Highways and Shipping Minister Nitin Gadkari. (Photo: PTI)

Centre ready to bear 4 per cent cost of modern bus terminals: Gadkari

Vadodara, Ahmedabad, Surat bus terminals can be replicated in the entire country, the minister said.

1 Oct 2017 10:37 AM IST

Employees Provident Fund Organisation or EPFO stores members PF corpus.

EPFO cracks whip on 700 PF trusts for not filing returns

The EPFO in 2014 made it mandatory for private PF trusts to file returns online.

30 Sept 2017 4:52 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.

EasemyGST working on ways to help SMEs ease compliance burden

SMEs are facing issues because of which there is delay in compliance by a number of enterprises.

30 Sept 2017 3:22 PM IST

Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Indian markets lose sheen on economic travails, but investors keep...

India's economy grew 5.7 per cent in the April-June quarter, its slowest pace in more than three years.

30 Sept 2017 12:22 PM IST

The Union finance ministry said that there were some complaints that the taxpayers are not being able to log on to the e-filing website of I-T department or not being able to link Aadhaar with PAN.

Direct tax collections rise to Rs 3.7 lakh crore till Sept 18

Number of tax payers increased from 4.72 crore in FY 2012-13 to 6.26 crore during 2016-17 fiscal.

30 Sept 2017 12:06 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI to sell govt bonds worth Rs 10,000 crore via open mkt operations

Central bank wants to mop up liquidity from the system through sale.

30 Sept 2017 11:29 AM IST

Union Finance Minister Arun Jaitley addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)

Slew of measures taken to better tax administration: Jaitley

Recently tax rate for income of Rs 2.5 lakhs to Rs 5 lakhs was reduced from 10 per cent to 5 per cent.

30 Sept 2017 11:16 AM IST

Ram Vilas Paswan (Photo: Biplab Banerjee)

Deadline for selling pre-GST goods extended to Dec 31: Paswan

After implementing GST from July 1, the government had allowed use of stickers with revised rates.

29 Sept 2017 8:39 PM IST