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Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Over 22 lakh petition against GST on insurance premiums

The new GST system has brought additional burden also by taxing new areas.

6 Sept 2017 5:43 PM IST

Minister of State for Road, Transport and Highways Pon Radhakrishnan. (Photo: Twitter)

Radhakrishnan takes charge as MoS Finance

Radhakrishnan, a lawyer by profession, had served as Minister of State in Atal Bihari Vajpayee-led NDA government.

6 Sept 2017 3:51 PM IST

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

EEPC urges govt to refund 90 per cent GST refunds to exporters

GST refunds of at least Rs 1,520 crore would be held up till the third week of October for July.

6 Sept 2017 3:26 PM IST

Finance Minister Arun Jaitley

Two lakh shell cos to have their bank accounts frozen: FM

Names of over 2.09 lakh firms have been struck off from register of companies for failing to comply with regulatory...

6 Sept 2017 1:39 AM IST

Releasing the study on the Iran-India gas pipeline, former oil secretary T.N.R. Rao said natural gas imported through the over $4 billion line would cost $5-5.50 per million.

India should push for underwater gasline

The chamber said that India can finally connect to Gulf region, where more than 7 million Indians reside.

6 Sept 2017 1:38 AM IST

Civil Aviation Minister Ashok Gajapathi Raju (Photo: PTI)

Pilots' shortage reason for 1 year notice period, says Raju

At present both senior and junior pilots are required to serve a six-month notice period.

5 Sept 2017 5:29 PM IST

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

Full-fledged electric fleet to hit roads by Dec: Gadkari

Electric fleet is being operated by Treasure Vase Ventures Private Ltd, in partnership with Delhi Metro.

5 Sept 2017 12:04 PM IST

Oil Minister Dharmendra Pradhan

No cut in petrol price

Cites rise in global oil price as the prime reason behind rise in prices.

5 Sept 2017 2:34 AM IST

Prime Minister Narendra Modi (Photo: AP)

Don't just raise tax demand, realise it, PM Modi tells taxmen

Mr Modi asked the tax officials to use data analytics to track undeclared wealth and fix clear targets for improving tax...

2 Sept 2017 6:10 AM IST

At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.

IMG on telecom favours spectrum auction next fiscal

IMG has recommended reduction in licence fee and spectrum usage charges under the new telecom policy.

1 Sept 2017 3:12 PM IST

The Bengal Excise (Amendment) Bill, 2016, has merged sales tax and excise duty on liquor into one. (Representational Image)

Tax scanner on 14,000 homes, Rs 2.89 lakh deposits

While Rs 15,496 crore was admitted as undisclosed income, surveys resulted in seizure of Rs 13,920 crore.

1 Sept 2017 2:39 AM IST