Finance - general

GST Council trims items in the top 28% tax slab to 50

10 Nov 2017

The GST Council pruned the list of items attracting the top 28 per cent tax rate from 227 to just 50 even as it made eating out cheaper, fixing rate for restaurants and hotels that do not claim tax credit at a flat 5 per cent

Central staff to get up to Rs25 lakh in house building advance at 8.5% simple interest rate

10 Nov 2017

Parliament panel probing domonetisation alternatives

10 Nov 2017

GST rates on over 70% items in the 28% bracket to come down

09 Nov 2017

Of the over 1,200 products and services fitted into one of the four tax slabs — 5, 12, 18, and 28 per cent — only 62 are now in the 28 per cent slab while 1,138 are in the 18 per cent and below tax slabs

Direct tax collections up 15.2% at Rs4,39,000 cr in April-October 2017-18

08 Nov 2017

Demonetisation ethical, transparent exercise: Jaitley's riposte to Manmohan Singh

08 Nov 2017

Unlike the `2G spectrum scam’, the `coal block allocation scam’ or the `Commonwealth Games scam’, the NDA government’s demonetisation exercise was an ethical measure aimed at ending corruption, Jaitly said

GST rates to fall as govt plans biggest overhaul of rate slabs

06 Nov 2017

The government is expected to offer further relief to small and medium enterprises by rationalising tax rates in sectors where the total incidence has gone up because of the GST implementation

Deadline for filing GSTR-2 for July extended to 30 November

30 Oct 2017

Ministerial panel proposes lower GST rates for small businesses

30 Oct 2017

The ministerial panel at its meeting on Sunday recommended 1 per cent GST impost on traders, manufacturers and restaurants against the existing rates of 1 per cent, 2 per cent and 5 per cent, respectively

GST collections for September slightly higher at Rs92,150 cr

25 Oct 2017

India Inc greets govt’s Rs2,11,000-cr bank recapitalisation plan

25 Oct 2017

GST refunds stuck over mismatch between GSTR-1 and shipping bill

24 Oct 2017

GST rate structure needs to be reworked: Hasmukh Adhia

23 Oct 2017

Nearly 3.7 mn file GST returns ahead of Friday midnight deadline

21 Oct 2017

GST Council cuts tax rates for oil and gas firms

13 Oct 2017

Demonetisation, GST booster shots for real economy: Arun Jaitley

12 Oct 2017

Direct tax collections up 15.8% in fiscal first half

12 Oct 2017

IMF lowers India’s current year growth forecast to 6.7%

11 Oct 2017

While the IMF has lowered the growth projection for 2018 to 7.4 per cent from its earlier estimate of 7.7 per cent, India would still be the fastest growing economy in the world

Maharashtra, Gujarat cut VAT on petrol and diesel

10 Oct 2017

Centre drafting simpler direct tax rules to improve compliance

10 Oct 2017

GST Council eases compliance burden for small and medium businesses

07 Oct 2017

GST refunds to exporters in 2 weeks, rate relief on 27 items

07 Oct 2017

The GST Council has decided that exporters’ tax refunds, which have been pending, will be cleared over the next two weeks — those for July by 10 October, and for August by 18 October