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Economy - Page 246

Article 246 says every state can levy a GST.

TDS, TCS deductors can apply for GST registration from Sep 18

Following industry demands, the government in June had decided to defer the TDS and TCS provision for smooth rollout of...

10 Sept 2017 3:19 PM IST

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

Idli dosa batter to raincoats - 40 things to cost less under GST now

The rate revision in these 40 items followed after the fitment committee noticed anomalies in GST levied in these...

10 Sept 2017 2:32 PM IST

Reserve Bankof India

RBI not using counting machines to tally scrapped notes

RBI was asked to give details about machines being used for counting the Rs 500 and Rs 1,000 notes.

10 Sept 2017 1:12 PM IST

Aftab heads the digital section that takes care of campaigns across Twitter, Facebook and WhatsApp and sends out ad campaigns on social media. (Photo: Pixabay)

Project Insight: Taxmen to track buys via social media to curb black...

Taxmen will analyse mismatches in income declarations and spending patterns to trace tax evasions and black money.

10 Sept 2017 12:45 PM IST

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

Govt plans to mandate linking of Aadhaar with SIM by Feb 2018: reports

However, consumers' biometrics will not be stored by telecom operators but by UIDAI.

10 Sept 2017 12:15 PM IST

The local currency had ended 4 paise higher at 66.67 in yesterdays trade, rising for the second consecutive day.

Moderation in export to narrow India's trade deficit to USD 10.3...

According to official data, India's trade deficit stood at USD 11.44 billion in July.

10 Sept 2017 11:35 AM IST

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

GST returns filing date further relaxed till Oct 10

Filing of GSTR-2 for July will have to be done by October 31, and GSTR-3 by November 10.

10 Sept 2017 11:24 AM IST

Defence Minister Arun Jaitley said the country faced two serious threats one in Jammu & Kashmir and second being problem of Left-Wing Extremism in central India. (Photo: PTI)

FinMin to start work on Union Budget 2018-19 next week

This Union Budget will be India's first post-GST Budget and will not be concerned with service and excise levies.

10 Sept 2017 11:03 AM IST

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

GST Council hikes cess on luxury cars, slashes rates for daily-use...

Jaitley said GST on about 30 items have been lowered after anomalies in the fixation of rates were pointed out.

10 Sept 2017 10:43 AM IST

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

GST cess on luxury cars hiked; 30 items cheaper

Computer monitors, oil cakes, dhoop batti, dhoop, plastic raincoats, rubber bands and rice rubber rolls for paddy...

10 Sept 2017 7:08 AM IST

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

GST rates altered, cess on luxury cars hiked

SUVs, mid-sized and luxury cars, however, will get costly by 2 to 7 per cent.

10 Sept 2017 2:38 AM IST

BJP president Amit Shah addresses during the conclave in New Delhi. (Photo: PTI)

Note ban led to expansion of formal economy: Amit Shah

RBI figures disclosed that over 99 per cent of banned notes were deposited with banks.

9 Sept 2017 5:34 PM IST