Thursday, Apr 25, 2024 | Last Update : 04:43 AM IST

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Finance Ministry extends deadline for filing Sept GST returns to October 25

With this extension, businesses which wish to claim ITC benefit for July 2017-March 2018 period can do so till October 25.

21 Oct 2018 12:59 PM

Govt likely to appoint new CEA in next 1-2 months

Govt on June 30 invited applications for the appointment of CEA on deputation basis after Arvind Subramanian quit.

19 Oct 2018 12:48 PM

Composition scheme biz need not file purchase details under GST

Over 18 lakh businesses opted for composition scheme under the new indirect tax regime.

18 Oct 2018 9:57 AM

Govt hikes import duty on select 17 items to curb CAD

Falling rupee, market bloodbath force govt to take more measures.

12 Oct 2018 8:58 AM

Govt may not burden OMCs further with fuel subsidy

The market capitalisation of six large oil companies has falled by Rs 1.2 lakh crore.

12 Oct 2018 8:57 AM


Govt will not ask oil companies to further subsidise fuel prices: official

While OMCs will continue to enjoy marketing freedom, upstream oil producers like ONGC would not be asked to share fuel subsidy burden.

11 Oct 2018 5:05 PM

Market, rupee slump due to external factors; govt to take action: official

The government will take action at an appropriate time to check widening CAD

11 Oct 2018 3:18 PM

OMCs will continue to bleed as govt rules out dividend relief

Reduction in dividend from oil marketing companies, cut in subsidies, lesser disinvestment revenue.

10 Oct 2018 10:58 AM

OMCs to complete USD 10 bn overseas borrowing in one year: Fin Min

Till now OMCs were not allowed to raise ECB for working capital needs on a long-term basis.

04 Oct 2018 6:28 PM

Gross direct tax collection grows 16.7 pc to Rs 5.47 lakh crore in Apr-Sept

The Central Board of Direct Taxes has collected Rs 2.10 lakh crore as advance tax.

04 Oct 2018 12:39 PM


Govt may resort to tested tool of NRI deposits

The measures announced by the government to control rupee depreciation haven’t worked as desired.

04 Oct 2018 8:47 AM

Rs 1,997 crore spent on salaries, perks of MPs in 4 years

While Rs 71.29 lakh was spent on an average for a member of Lok Sabha, Rs 44.33 lakh was spent on a Rajya Sabha member.

03 Oct 2018 8:39 AM

GST collections likely to top Rs 1 lakh crore in November, December

The GST collection should cross Rs 1 lakh crore because of festive season demand.

02 Oct 2018 6:07 PM

GST mop-up rises to Rs 94,442 crore in September

As many as 67 lakh Goods and Services Tax (GST) returns were filed in September.

01 Oct 2018 1:29 PM

ACs, flying gets costlier as Centre hikes import duty on non-essential goods

Total import bill on account of shipment of these items into the country last fiscal was Rs 86,000 crore, Finance Ministry said.

26 Sep 2018 8:33 PM


FinMin, RBI working out mechanism to ensure smooth India-Iran trade

The commerce secretary says India will impose duties on imports within WTO norms.

26 Sep 2018 8:17 AM

Duty hike on many products soon to support Rupee

The new list is likely to be announced on Wednesday.

24 Sep 2018 2:47 PM

Govt likely to announce lower borrowing programme next week: sources

Investors were also worried whether govt will be able to stick to its fiscal deficit target of 3.3 per cent of gdp.

22 Sep 2018 11:42 AM

Finance Ministry hikes interest rates on small savings

As per the finance ministry notification, the interest rate on popular PPF has been increased to 8 per cent for the third quarter from 7.6 per cent.

21 Sep 2018 1:34 AM

Finance Ministry pegs dollar value at Rs 73.65 for computing import duty

The conversion rate for computation of duty on export of goods has been fixed at Rs 71.95 to a dollar.

20 Sep 2018 6:39 PM