Top 5 states make 70 percent of India's total exports; coastal states rule the list: Economic Survey 2018
Coastal states are responsible for 74.3 percent of India's total exports, the Economic Survey has revealed.
Jan 29, 2018, 16:16 PM IST
Arun Jaitley hints at further rationalisation of tax rates, says GST structure has stabilised
GST is an indirect tax which was introduced in India on July 1, 2017.
Jan 27, 2018, 18:19 PM IST
GST taxpayer base crosses one-crore mark
"One crore taxpayers have been registered under the GST till January 24, of which 17.11 lakh are composition dealers," an official statement said.
Jan 25, 2018, 21:56 PM IST
GST to have very positive effect in the long term: Raghuram Rajan
Raghuram Rajan feels a substantial part of the growth slowdown in India was because of the after-effects of the demonetisation.
Jan 24, 2018, 21:00 PM IST
Petrol, diesel prices hit highest level since Modi government came to power in 2014
Petrol prices were hiked by 5 paise and diesel prices were raised by 18 paise per litre today according to daily fuel price list of state-owned oil firms.
Jan 24, 2018, 13:12 PM IST
Petrol, diesel prices hit highest level since 2014; Oil Min seeks excise duty cuts
The reduction sought is part of the pre-Budget memorandum submitted by the ministry for the consideration of Finance Minister Arun Jaitley.
Jan 23, 2018, 14:08 PM IST
Oil Minister says govt trying to bring petrol, diesel under GST
The Union Oil Minister said that petrol, diesel and kerosene should come under the ambit of GST and the government is hopeful that GST Council will agree to it shortly.
Jan 21, 2018, 21:44 PM IST
GST rates slashed on 29 items: Here's what is cheaper now
The return filing process - apart from the cut in taxes on the 29 items - has also been simplified.
Jan 18, 2018, 22:56 PM IST
GST Council reduces tax rate on 29 items, may simplify return filing process
The panel, headed by Finance Minister Arun Jaitley and comprising representatives of all states, at its 25th meeting decided to reduce tax rate on 29 items and 54 categories of services with effect from January 25.
Jan 18, 2018, 20:09 PM IST
Petrol prices reach Rs 71.56 per litre in Delhi, highest in last three years
According to data from Indian Oil Corp, the previous high for petrol prices in the national capital was Rs 73.60 reported on July 1, 2014.
Jan 18, 2018, 20:03 PM IST
GST Council slashes rates on 29 items to zero per cent
Finance Minister has said that the next meeting of GST Council will be to approve a simpler filing process.
Jan 18, 2018, 19:23 PM IST
Govt lowers additional borrowings to Rs 20K cr in FY18
The reduced borrowing would help contain fiscal deficit within the target.
Jan 17, 2018, 12:25 PM IST
World Bank praises Narendra Modi government, projects 7.3 percent growth for India in 2018
In comparison with China, which is slowing, the World Bank is expecting India to gradually accelerate.
Jan 10, 2018, 06:14 AM IST
Union Budget 2018: Govt may announce extension on transitional tax credit scheme
TRAN-1 is to be filed by those businesses that are keen to claim credit for taxes paid before the launch of GST on 1 July.
Jan 09, 2018, 13:58 PM IST
Don't resort to knee-jerk reaction: Assocham to govt on GST slip
Industry body Assocham has cautioned the government against resorting to a "knee-jerk" reaction to deal with slippage in GST collections, and said those revenues would pick up once the glitches in the system are addressed.
Jan 08, 2018, 15:59 PM IST
Big companies to appeal court on transitional credit losses
TRAN-1 is to be filed by those businesses that are keen to claim credit for taxes paid before the launch of GST on 1 July.
Jan 02, 2018, 12:02 PM IST
India's December manufacturing sector sees fastest pace of growth in five years
This is for the fifth consecutive month that the index has come in above 50-point mark that separates expansion from contraction.
Jan 02, 2018, 11:37 AM IST
Govt extends deadline for file final GST returns till January 10
Businesses with turnover of up to Rs 1.5 crore will have to file GSTR-1 for July-September by January 10, 2018, as against December 31, 2017 earlier.
Dec 29, 2017, 17:00 PM IST
Cut sales tax or VAT on petrol and diesel: Pradhan to states
Oil Minister Dharmendra Pradhan further said that the petroleum sector would be brought under the ambit of the Goods and Services tax (GST) as and when the consensus is reached among the states.
Dec 28, 2017, 22:08 PM IST
GST collections dip for second month in November to Rs 80,808 crore
Of the Rs 80,808 crore collected in November, Rs 7,798 crore has been garnered as compensation cess in November -- the fifth month of GST rollout.
Dec 26, 2017, 18:59 PM IST
