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The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Rs 29,088 crore indirect tax evasion detected during April-Oct

The total number of cases where service tax was evaded stood at 1,145 involving Rs 22,973 crore.

21 Nov 2018 3:36 PM IST

Minister of State for Finance clarified that as per an earlier decision of GST Council, states may choose any date before June 1 to implement e-way bill. (Photo: ANI)

Revenue dept plans linking e-way bill with FASTag to check GST evasion

The integration of the e-way bill system with FASTag and LDB is expected to help boost tax collections.

19 Nov 2018 3:04 PM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

GST a monumental reform, hit growth only for 2 quarters: Jaitley

Former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing the India's growth story.

12 Nov 2018 11:08 AM IST

India's economic growth held back due to note ban, GST: Raghuram Rajan

Mr Rajan said for four years -- 2012 to 2016 -- India was growing at a faster pace before it was hit by two major...

10 Nov 2018 4:45 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.

Rs 82,775 cr GST refunds to exporters done; Rs 5,400 cr is pending

The disposal rate of GST refunds is 93.8 per cent as on October 31.

10 Nov 2018 10:59 AM 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.

CBIC to daily monitor MSME grievance on GST, sets up help desks to...

The move benefited about 93 per cent of the GST registered taxpayers.

5 Nov 2018 5:46 PM IST

Prime Minister Narendra Modi

PM's Diwali gift to MSMEs: Rs 1 crore loan in 59 minutes

Easing compliance with environmental rules, MSMEs will need single air and water clearance to establish a factory.

3 Nov 2018 12:55 AM IST

PM Narendra Modi launches Ayushman Bharat scheme in Ranchi. (Photo: PTI )

PM announces incentives for MSMEs, Rs 1 crore loan in 59 minutes

12 historic decisions will boost small and medium enterprises, says PM Modi.

2 Nov 2018 5:51 PM IST

The Economic Survey 2017-18 was tabled in the Lok Sabha by Finance Minister Arun Jaitley on Monday. (Photo: File | PTI)

Govt 2018 to-do list: AI sale, GST, more funds to bank

It said that despite major policy reforms, the policy agenda remained full.

30 Jan 2018 4:22 AM IST

The success in divestments and encouraging goods and services tax collections will help government reduce pressure on the fiscal math, says a report. (Photo: PTI/Representational)

50 pc increase in indirect taxpayer base post GST: Economic Survey

GST collections in July was over Rs 95,000 crore, while in August figure was over Rs 91,000 crore.

29 Jan 2018 3:36 PM IST

Indian logistics industry which provides employment to more than 22 million people has grown at a CAGR of 7.8 pc during last 5 years.

India's logistics sector to reach USD 215 bn by 2020: Economic Survey

India has improved its rank in all the six components of logistics performance index.

29 Jan 2018 2:40 PM IST

Tough task for Arun Jaitley to balance Budget

It is the middle and the salaried class who have been severely hit by the high service tax in GST.

29 Jan 2018 1:26 AM IST