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Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)

Implementation of GST not 'unfixable' problem: Rajan

Modi government bringing in ambitious reforms like GST and demonetisation, says Rajan.

12 April 2018 4:12 PM IST

The finance ministry on Friday said a 5 per cent GST will be levied on food and drinks supplied by the Indian Railways or IRCTC in trains, platforms or stations.

Railway catering services in trains, stations to attract 5 pc GST

The Finance Ministry has written to the Railway Board on March 31 about the 5 per cent rate.

6 April 2018 5:05 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Dharmendra Pradhan says govt keeping close eye on oil prices

He said there is no going back on free market pricing.

2 April 2018 4:24 PM IST

Union finance ministry Arun Jaitley

Jaitley terms pre-GST indirect tax regime as Congress Legacy Tax'

Arun Jaitley exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues increase.

27 July 2018 9:18 PM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Revise GST in one go

The rationale behind this tweaking isn't clear, though some say it was done to woo urban and rural voters ahead of the...

23 July 2018 12:02 AM IST

Chidambarams statement comes close to the heel of appointment of former Intelligence Bureau director Dineshwar Sharma as interlocutor for J-K by the Modi government. (Photo: PTI/File)

Govt cut GST rates with eye on assembly polls, says P Chidambaram

'When elections are around the corner, govt cuts rates. I suppose that makes good case for frequent polls in states,'...

22 July 2018 1:19 PM IST

Finance secretary Hasmukh Adhia

Petroleum items to come under GST in stages: Hasmukh Adhia

The finance ministry has expressed its intention to include natural gas and ATF within the purview of the goods and...

7 July 2018 7:19 AM IST

Prime Minister Narendra Modi

Single GST rate is not possible, says Modi

The Prime Minister said earlier many taxes were hidden and under GST what you see is what you pay .

2 July 2018 6:46 AM IST

A file photo of Prime Minister Narendra Modi (Photo: PTI)

Mercedes, milk can't be taxed at same rate: PM Modi rules out single...

PM Modi said GST has within one year of its launch led to over 70 per cent jump in indirect taxpayer base.

1 July 2018 3:09 PM IST

Finance Minister Arun Jaitley will unveil the Union Budget 2018 on Thursday. (Photo: PTI)

GST monumental reform,18 pc rise in direct tax collection: Arun...

Future actions will include further simplifying and rationalizing rate structure and bringing more products under GST.

1 July 2018 2:58 PM IST

Indian economy in transition phase, growth to come back: SBI Chairman

Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.

24 Oct 2019 12:36 PM IST

GDP stands for Gross Domestic Product.

After ignoring warnings, govt can't play hardball

utomobile sales are in decline for several months.

12 Oct 2019 12:00 AM IST