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Rafale deal has protected both security and commercial interest of India. Allegations on Rafale was fiction writing that was compromising national security, Finance Minister Arun Jaitley said. (Photo: ANI)

GST standard rate to be fixed between 12-18 pc as revenues increase:...

The GST Council in its last meeting cut rates on 23 items, thereby trimming the 28 per cent slab.

24 Dec 2018 12:44 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.

GST tweaking may worsen cash crunch

Modi obviously has his eye on the 2019 elections that are barely four months way as he seeks to woo the middle class.

24 Dec 2018 12:00 AM IST

Prime Minister Narendra Modi spoke about the Make in India campaign which has been initiated to boost manufacturing in India. (Photo: Twitter | ANI)

Working to bring 99 per cent things in sub-18 per cent GST slab: PM...

GST was framed according to the existing VAT or excise tax structures exercised in those respective states.

18 Dec 2018 1:43 PM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

GST regime led to better savings as tax rates came down

GST rates have been lowered on an array of commonly used goods and services which resulted in monthly savings for...

17 Dec 2018 10:16 AM IST

Indian Oil Corporation

No directive from govt to control fuel prices, says IOCL Chairman

IOCL chairman stressed on bringing petroleum products under GST.

22 May 2018 5:56 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST on ACs, colour TVs to be cut to 18 per cent

The council headed by finance minister Arun Jaitley is expected to take up the issue on December 22.

10 Dec 2018 10:19 AM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Pocket pinch: Fuel prices hiked again across India within 19 days

Petrol will now cost Rs 75 per litre in Delhi, Rs 77.79 in Kolkata, Rs 82.94 in Mumbai and Rs 77.93 in Chennai.

16 May 2018 12:08 PM IST

The market is changing. Now is the best time to buy a house in terms of pricing, as from now on the prices are going to go high. (Representational Image)

Realtors try to woo buyers with offers before festival

Spurt in sales expected as most Hindus buy property on Gudi Padwa.

18 March 2018 7:37 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

GST collection in April exceeds Rs 1 lakh crore

The buoyancy in the tax revenue of GST reflects the upswing in the economy and better compliance.

1 May 2018 2:03 PM IST

E-way bill provision has been decided by the GST Council and will be implemented in six months. (Representational Image)

E-way bill mandatory for inter-state movement of goods

Platform has been made more robust and as many as 75 lakh inter-state e-way bills could be generated daily without any...

30 March 2018 1:42 PM IST

Prime Minister Narendra Modi at the launch of Digital India Week in New Delhi on July 1, 2015. (Photo: PTI)

Govt must act to meet employment demand

India has an estimated 85 per cent of people employed in the unorganised sector one of the largest in the world.

6 May 2018 12:27 AM IST

Tourists enjoy the pleasant weather near Rajpath in New Delhi on Wednesday after light rains lashed the city. (Photo: Pritam Bandyopadhyay)

GST refund to foreign tourists at airports on the cards

Only purchases made by tourists from big retailers would be eligible for GST refunds at the airports.

10 Jun 2018 5:06 PM IST