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15th Finance Commission chairman N.K. Singh. (Photo: PTI)

Finance Commission invites suggestions from stakeholders by June 30

New panel will also look into impact of GST, including payment of compensation for possible loss of revenues for 5...

22 Feb 2018 6:08 PM IST

Congress president Rahul Gandhi addresses valedictory function organised by Global Organisation of People of Indian Origin in Bahrain recently. (Photo: PTI)

Rahul Gandhi says RSS agents control Modi ministers

Replying to a women entrepreneur, Mr Gandhi said that he was for encouraging more women in different fields including...

14 Feb 2018 1:15 AM 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 mop up could top Rs 1 trillion a month post anti-evasion steps

Government has budgeted about Rs 7.44 lakh crore from GST in the 2018-19 fiscal beginning April 1.

13 Feb 2018 3:42 PM IST

Homebuyers can create accounts on the MahaReRA website.

Real estate gets back on recovery path

RERA appears to have increased buyers' confidence, but slowed supply.

12 Feb 2018 1:11 AM IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)

No 25 per cent tax for big firms soon, hints Arun Jaitley

Jaitley also said the states are not in favour of including petrol and diesel into GST at the moment.

6 Feb 2018 5:37 AM IST

BJP President Amit Shah also pitched for simultaneous assembly and Lok Sabha elections, besides touching upon a host of measures taken by the government. (Photo: ANI | Twitter)

Selling 'pakodas' self-employment, not begging: Amit Shah slams Cong

Amit Shah also lashed out at the Congress for its opposition to the GST and for dubbing it as 'Gabbar Singh Tax'.

5 Feb 2018 4:11 PM IST

Revenue Secretary Hasmukh Adhia. (Photo: File)

Unevenness in taxes paid by salaried class, business people: Adhia

For assessment year 2016-17, 1.89 crore salaried individuals have filed I-T returns and paid total tax of Rs 1.44 lakh...

5 Feb 2018 2:55 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

RBI need not react to bond yields, MSP for interest rate review:...

MSP for farmers and refrain from going in for any hike in benchmark policy lending rates when MPC meets on Feb 7.

5 Feb 2018 11:00 AM IST

Sansar Chand, a 1986-batch Indian Revenue Service officer, posted as the commissioner was nabbed by the CBI in a late-night operation spread across Kanpur and Delhi. (Photo: Facebook Screengrab)

CBI arrests GST commissioner, 8 others for bribery in late-night...

CBI said the commissioner was a 'habitual' offender, taking bribes from businessmen on monthly and weekly basis.

3 Feb 2018 7:01 PM IST

Arun Jaitley, Finance Minister of Narendra Modi-led NDA government presented the Union budget 2018-19 on Thursday. (Photo: PTI)

Union Budget's healthcare plan cashless, not reimbursement scheme:...

The NHPS touted as ModiCare envisaged to provide medical cover of up to Rs 5 lakh to over 10 crore poor and vulnerable...

2 Feb 2018 1:02 PM IST

Chinese workers make machinery at a factory in Wenzhou city, east Chinas Zhejiang province. (Photo: AP)

India factory growth cools to 3-month low in Jan on weaker demand

Economy is still struggling to recover from a weaker demand trend seen since ban of high-value currency notes in Nov...

1 Feb 2018 11:22 AM 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.

Budget 2018: GST revision concerns retailers

Gold jewellery retailers said they prefer old tax of one per cent on ornaments instead of three per cent.

1 Feb 2018 10:23 AM IST