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Senior BJP leader Yashwant Sinha (Photo: PTI)

GST unlikely to give 2 per cent boost

Mr Sinha said that the GST Council should now move towards three rates in an effort to ultimately have only one tax...

6 July 2017 5:19 AM IST

No jugaad with GST rollout, warns WB FM

Your own GSTN is telling you that they will only be able to provide spreadsheets for uplinking by end of the month says,...

12 Jun 2017 4:32 AM IST

Finance Minister Arun Jaitley

GST Council reduces tax rates of 66 items including insulin, movie...

Arun Jaitley said the reductions were done keeping in mind equivalence to the existing taxation level and change in...

12 Jun 2017 1:25 AM IST

GDP stands for Gross Domestic Product.

Note ban impact: GDP growth dips to 7.1 per cent

Opposition was quick to attack the government over poor GDP growth in the last quarter of FY17.

1 Jun 2017 6:47 AM IST

Photo caption: Under it, C-GST will be levied by the Centre, S-GST by states and I-GST on inter-state supply of goods and services. (Representational Image)

Call charges need to drop post GST, says Finance Ministry

As per some estimates, this additional input tax credit would be as much as 2 per cent of the turnover of the telecom...

27 May 2017 1:02 AM IST

Mosambi, pomegranate, jackfruit, pear, cucumber and carrot are the new fruits and vegetables added to calculate wholesale inflation (WPI) in country as the government on Friday revised inflation and industrial growth (IIP) base year to make it more relevant to the changing times.

Centre adds new items in WPI, IIP calculations

IIP slipped to 2.7 per cent in March, chiefly because of poor performance of the manufacturing sector, as per the new...

13 May 2017 2:13 AM IST

Shobana Kamineni (Photo: Sondeep Shankar)

Domestic demand is recovering, says Shobana Kamineni

The impact of demonetisation has waned off as money is now freely available for transactions, says Shobana Kamineni.

9 May 2017 12:30 AM IST

GDP stands for Gross Domestic Product.

An unnecessary change?

Switching to a January-December financial year will not benefit the economy.

27 April 2017 12:41 AM IST

Banks received 3 trillion rupees ($44.4 billion) of 500- and 1,000-rupee notes over the last four days.

A new billionaire per month in India: Study

Study finds conception of new billionaires coming from wealth families as a mistake.

24 April 2017 2:02 AM IST

Assocham said that since the IMD has forecast the LPA of 96 at the lower end of the band of 96-104 for the normal rains, some kind of a contingency plan should still be made, just in case a deficiency is found.

Normal monsoon will boost agriculture

A normal monsoon will help GDP growth and will also ease food inflation.

19 April 2017 2:44 AM IST

Prime Minister Narendra Modi. (Photo: PTI)

People reclaim LPG subsidy

Prime Minister Narendra Modi had launched the Give It Up' campaign in March 2015.

13 April 2017 6:01 AM IST

A four-tax rate structure for GST is a practical way forward'

The industry wants GST to be implemented as soon as possible, says Naushad Forbes.

2 April 2017 5:16 AM IST