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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 now cancel registration on GSTN

Migrated businesses with turnover up to Rs 20 lakh who have not issued invoice can cancel their registration on portal.

25 Oct 2017 4:28 PM IST

Indian economy, GDP, slipped to a record low rate in August. (Photo: AP)

Demonetisation, GST to cool India's GDP growth to a four-year low

Note ban and GST have disrupted business activity and dampened consumer demand, says report.

25 Oct 2017 11:03 AM IST

Vijay Rupani, the chief minister of Gujarat.

Sops continue to pour in for poll-bound Gujarat

Farmers get GST waiver, Cong taunts BJP on timing.

25 Oct 2017 12:55 AM IST

Vijay in a still from Mersal.

Don't kill dissent, or the soul of India will die

Right-wing forces are not the greatest proponents of the freedom of expression.

25 Oct 2017 12:47 AM IST

Economic Affairs Secretary Subhash Garg. (Photo: ANI)

GST have been biggest growth contributors: Subhash Garg

Government is unlikely to overshoot its target of 3.2 per cent fiscal deficit at the end of the current fiscal year.

24 Oct 2017 7:53 PM IST

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

GST collections at Rs 92,150 crore in September

IGST revenue was Rs 48,948 crore which consists of Rs 23,951 crore of IGST from imports in Sept.

24 Oct 2017 5:46 PM IST

Finance minister Arun Jaitley addresses the media after the 22nd meeting of the GST Council in New Delhi. (Photo: PTI)

Sept GST collections at Rs 92,000 crore, reveals Jaitley

IGST revenue was Rs 48,948 crore which consists of Rs 23,951 crore of IGST from imports in Sept.

24 Oct 2017 3:45 PM IST

Responding to a question, Jaitley said a proposal to extend the decision to public sector undertakings was under active consideration of the government. (Photo: PTI)

Govt scraps penalty on delayed filing of GST returns for Aug, Sept

Finance Minister Arun Jaitley says late fee paid will be credited back to taxpayer ledger.

24 Oct 2017 12:41 PM IST

A woman shows a jewellery piece at a jewellery shop. (Photo: PTI)

GST, demonetisation may impact Indian wedding market: Assocham

Study says services like marriage hall and tent booking, confectionery services, and photography will be impacted.

24 Oct 2017 11:57 AM IST

Jewellery market post-August 23, witnessed a downfall of 40 to 50 percent after PMLA provisions came into effect.

Jewellery sales in Maharashtra jump 20 per cent on Diwali, Dhanteras

Gold Bullion Association says outlook for upcoming wedding season looks great in terms of sales.

24 Oct 2017 11:45 AM IST

Property enquiries, meanwhile, have slumped by 80 percent around the Indian capital since the cash crackdown.

Property rates to go up in Telangana in few months: Realtors

In the next few months prices to go up by around Rs 400 to Rs 450 per sq ft because of demonetisation, RERA and GST.

23 Oct 2017 6:53 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

Exporters can claim refund this week for GST paid in Aug, Sept

Government is aiming to clear pending GST refunds of exporters by November-end.

23 Oct 2017 3:49 PM IST