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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.

Businesses can revise GST transition claim form now

Facility to revise Form GST TRAN-1 declaration has been introduced on GST Portal for taxpayers.

10 Nov 2017 2:02 PM IST

Congress Vice-President Rahul Gandhi during an election rally in Nagrota. (Photo: AP)

BJP lectures, doesn't listen, it will take me yrs to give speeches...

Congress vice president Rahul Gandhi said said he was willing to listen to the problems faced by people, and make...

9 Nov 2017 1:04 PM IST

Deputy Chief Minister of Bihar Sushil Kumar Modi on Saturday not only blamed rats for causing the devastating floods in the state, but also held the Congress party and Lalu Prasad Yadavs government responsible for the same. (Photo: PTI)

GST council may cut tax on 80 per cent of items: Bihar dy CM

The GST Council will meet on November 9 and 10 in Assam's capital Guwahati.

9 Nov 2017 6:05 AM IST

Delhi Chief Minister Arvind Kejriwal

Job scarcity in country due to GST, says Delhi CM Kejriwal

Mr Kejriwal's remarks come a day before the opposition parties observe the first anniversary of demonetisation as Black...

8 Nov 2017 3:48 AM IST

Former Prime Minister Manmohan Singh. (Photo: ANI Twitter)

Demonetisation was loot, plunder', claims Manmohan Singh

Jaitley hits back, recalls 2G, coal scams; nationwide Opposition stir today.

8 Nov 2017 12:55 AM IST

On the first day, finance officers from the states and the Centre will congregate and present their reports and the full council, headed by Jaitley, will meet on Friday. (Photo: PTI/File)

At least 24 states to participate in 2-day GST council meet in Assam

Andhra Pradesh, Mizoram, Nagaland, Sikkim and Tripura are yet to confirm if they will be attending the meet.

7 Nov 2017 7:59 PM IST

Finance Minister Arun Jaitley (Photo: AP)

Jaitley hints at pruning more items in 28 pc GST slab

GST Council in the last 3-4 meetings has slashed rates on over 100 items.

7 Nov 2017 2:16 PM IST

November 8, when Rs 1000 and old Rs 500 notes were demonetised, was a black day for both economy and democracy, former prime minister Manmohan Singh said. (Photo: Twitter | ANI)

GST, note-ban organised loot, legalised plunder: ex-PM

'The attitude of suspecting everyone to be a thief or anti-national, low level rhetoric is damaging to democratic...

7 Nov 2017 1:42 PM IST

Congress Vice-President Rahul Gandhi during an election rally in Nagrota. (Photo: AP)

Rahul Gandhi attacks Modi over lack of jobs, targets GST

Gandhi said that he wants to see the day when Chinese youth take selfies with Made in India and Made in Himachal...

7 Nov 2017 12:40 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

A year on, bankers say note ban has been good for them

RBI in June said as much as 99.1 per cent of the junked bills had returned to the banking system.

6 Nov 2017 8:33 PM IST

A bridegroom rides a bike in his marriage procession due to a ban on use of mares.

Band, baja but no mare in marriage processions

No traditional Indian wedding is complete without band, baja and barat (marriage procession).

6 Nov 2017 4:28 AM IST

If you look at institutional loan, then there is a very tiny percentage of farmers who take loan.

GST, note ban blues still haunt rural income: Study

This will cap the overall growth in farm income for the full fiscal year, say the brokerage's analysts, led by Arshad...

6 Nov 2017 3:01 AM IST