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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)

Budget 2019: GST exemption doubled from Rs 20 to 40 lakhs for small...

GST rate has been continuously reduced, providing relief of about Rs 80,000 crore annually to consumers.

1 Feb 2019 2:59 PM IST

Piyush Goya (Photo:ANI)

Budget 2019: FM Piyush Goyal makes announcement for filmmakers in...

The FM also announced that the introduction of an anti-camcording provision in the Cinematography Act to take action...

1 Feb 2019 1:18 PM IST

The authority makes it clear that once the construction is complete and possession is given, section 18 of the MahaRERA Act, which allows interest, ceases to exist.(Representational image)

More and more NRIs buying homes for rental income

According to Omkar Realtors Rahul Maroo, for NRIs, real estate continues to be end-user driven due to location and...

31 March 2019 4:31 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

GST officers prodding businesses to deposit taxes by March 31 to meet...

The practice of prodding assessees to pay taxes by March end was also prevalent during erstwhile excise and service tax...

31 March 2019 2:00 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.

Roll-out of new, simplified GST return forms deferred

The new forms would be made available once they are notified and the software is ready.

31 March 2019 11:53 AM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

Income tax, GST offices to remain open on Mar 30, 31 to ease year-end...

GST collections in the current fiscal till February totalled Rs 10.70 lakh crore.

30 March 2019 1:52 PM IST

The authority makes it clear that once the construction is complete and possession is given, section 18 of the MahaRERA Act, which allows interest, ceases to exist.(Representational image)

Realty market to grow in 2019; to add 200 mn sq ft space this yr: CBRE

Affordable housing will drive supply and demand, backed by several government reforms, said the report.

27 March 2019 2:33 PM 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.

Traders' body slams Rahul Gandhi's statement on abolishing GST

The attempt of Gandhi for seeking political mileage making traders a scapegoat is deeply regretted, CAIT said.

25 March 2019 1:01 PM IST

Electric vehicles are still a low volume segment with only 1.3 per cent market penetration in India and about 3 per cent globally.

Auto LPG body says govt missing out on low-hanging fruits amid EV-push

A Rs 10,000 crore scheme to subsidise sale of electric and hybrid vehicles as part of efforts to curb pollution is...

22 March 2019 2:25 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.

Govt extends IGST, compensation cess exemption under various export...

These exemptions have been extended for exporters buying inputs domestically or importing for export purpose.

22 March 2019 2:24 PM IST

Rahul Gandhi claimed that Anil Ambani had not manufactured even a single aircraft but was awarded a contract of Rs 30,000-crore after snatching the work from state-owned HAL. (Photo: ANI)

Traders are not annoyed with GST, don't use us for political points:...

Domestic traders' body CAIT on Wednesday criticised Congress chief Rahul Gandhi for his repeated statements on GST.

22 March 2019 11:51 AM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Net direct tax collection crosses Rs 10 lakh crore mark

Tax collection during April-January of this fiscal stood at Rs 7.89 lakh crore as against Rs 12 lakh crore targeted for...

19 March 2019 1:59 PM IST