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A top revenue department official said as the Centre and states are assured of revenue flows, natural gas can be the next big item to be included.Business
Gas may come under GST now

This meant that the products continued to attract duties like central excise and VAT.

25 Dec 2017 2:12 AM IST

ASSOCHAM also called for the state government to \create a more vibrant IT ecosystem, more so as growth of IT will boost the overall development across the state and further perk up its already strong manufacturing base.Business
Assocham expects India to grow at 7 per cent in 2018

Assocham said that while underlying bullish sentiment should continue to prevail in the stock market in 2018.

25 Dec 2017 2:01 AM IST

Rajiv KumarBusiness
GST regime to stabilise in next 18 months: Rajiv Kumar

At present, tax compliance is between 40 to 43 per cent.

22 Dec 2017 6:06 PM IST

Union Minister for Finance and Corporate Affairs, Arun Jaitley addresses a Press Conference in National Media Centre in New Delhi on Tuesday. (Photo: PTI)Business
Govt introduces bill on GST compensation cess in Lok Sabha

An ordinance to hike GST cess on a range of cars from mid-size to hybrid variants to luxury ones to 25 pc.

22 Dec 2017 5:09 PM IST

The employees are on the warpath over the issue. They said that though the banks earned Rs 1.59 lakh crore profit in the last financial year, they suffered Rs 11,388 crore loss due to the bad loans. (Representational image)Business
Banks lost nearly Rs 17,000 crore to frauds last fiscal: Finance...

RBI has advised banks from time to time to enhance security arrangements at their branches and ATMS.

22 Dec 2017 4:38 PM IST

Railway Minister Suresh PrabhuBusiness
Committed to raising India's share in global trade: Suresh Prabhu

Prabhu said that both imports and exports contribute significantly to improving the country's GDP.

22 Dec 2017 2:55 PM IST

West Bengal Finance Minister Amit MitraBusiness
GST regime more primitive than VAT: Amit Mitra

Mitra optimistic about the overall growth of exports from West Bengal.

22 Dec 2017 2:36 PM IST

While Switzerland has conformed to the global standards on automatic exchange of information with the signing of the declaration, India, on its part, has promised to safeguard the confidentiality of the data. (Photo: File)Business
Black money: Pact inked, Switzerland to exchange info with India from...

Sources say that several info requests on details about Indians who had accounts in Swiss banks are still pending.

22 Dec 2017 8:20 AM IST

The RBI felt there was enough liquidity in the system and credit growth was picking up.Business
RBI urges caution against inflation

RBI's monetary policy committee voted 5-1 on December 6 to keep the policy rate on hold at 6 per cent.

22 Dec 2017 3:15 AM IST

India Prime Minister Narendra ModiBusiness
Budget to focus on rural areas

Modi has his hands tied after Gujarat.

22 Dec 2017 3:11 AM IST

Maharashtra Finance Minister Sudhir MungantiwarBusiness
Traders owe Maha govt sales tax of Rs 2,860 crore: Sudhir Mungantiwar

Traders with dues of more than Rs 5 lakh and efforts to trace them has been initiated with the help of banks.

21 Dec 2017 1:54 PM IST

The announcement regarding the constitution of the five-member panel was made on Monday. In picture: Bibek Debroy. (Photo: PTI)Business
India likely to be USD 6.5-7 trillion economy by 2030: Debroy

Per capita income in India by 2030 will however be just USD 4,000, still less than many other countries.

21 Dec 2017 1:39 PM IST

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