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Over 2 lakh traders have enrolled into the GST network but there are many who still have to finish the formalities.Business
Govt extends last date for filing of final sales return of GST till...

GST Council had in Nov allowed businesses with turnover of up to Rs 1.5 cr to file final returns GSTR-1 quarterly.

29 Dec 2017 4:44 PM IST

An SBI internal research report, Ecowrap, has pegged in a \fiscal deficit target of Rs 5.75 lakh crores for the financial year 2017-18, at 3.4 per cent of GDP.\Business
Fiscal deficit breaches FY18 target at November-end

For 2017-18, government aims to bring down the fiscal deficit to 3.2 per cent of GDP.

29 Dec 2017 4:01 PM IST

Responding to the Centres appeal to reduce Value Added Tax (VAT) on petrol and diesel, Maharashtra government on Tuesday cut prices by Rs 2 for petrol and Re 1 for diesel respectively.Business
Govt under pressure to cut excise duty on auto fuels: Icra

Brent prices have jumped 40 per cent to around USD 67 per barrel this month from USD 48 in November 2016.

29 Dec 2017 3:43 PM IST

Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan addressing a Press Conference in New Delhi. (Photo: PTI)Business
Govt bringing a new bill on consumer protection: Ram vilas Paswan

Bill was introduced in the Lok Sabha in 2015 and referred to the Standing Committee.

29 Dec 2017 2:57 PM IST

Mr Gupta said that exports should be out rightly kept out of the purview of GST as paying the tax first and getting refund is cumbersome and is affecting exports.Business
India should exploit robust world trade growth in 2018: EEPC

Indian exports for the April-Nov period of fiscal 2017-18 was USD 196.48 billion as against USD 175.41 billion.

28 Dec 2017 3:22 PM IST

Global investment bank Morgan Stanley said that the emerging market excluding China would be the largest contributor to the acceleration in global growth in 2017 and 2018 with India expected to play a key role in the process.Business
India Inc sews deals worth USD 60 billion in 2017 with big M&As

Private equity investments in India, 2017 has emerged as the best year so far.

28 Dec 2017 1:39 PM IST

If the governments proposal to convert the nature of deposits in banks even without the consent of the account holder, it may keep people away from banks.Business
Govt to push ahead with banking reforms in New Year

Of Rs 2.11 lakh crore package, Rs 1.35 lakh crore would be infused through recapitalisation bonds.

28 Dec 2017 11:13 AM IST

The CBEC has now notified the dates for filing the GST returns forms.Business
Tax payers can see status of returns filed on GSTN portal

Those with turnover exceeding Rs 1.5 crore will have to file GSTR-1 for July-October by December 31.

28 Dec 2017 11:06 AM IST

Finance minister Arun Jaitley.Business
Centre to borrow Rs 50,000-crore more

May breach fiscal deficit cap. Lower realisation in revenue due to dip in GST mop-up.

28 Dec 2017 1:22 AM IST

Union Finance Minister Arun JaitleyBusiness
Govt slashes interest rates on small savings schemes by 0.2 per cent

Since April last year, interest rates on all small savings schemes have been recalibrated on a quarterly basis.

27 Dec 2017 9:29 PM IST

The RBI felt there was enough liquidity in the system and credit growth was picking up.Business
'RBI to cut rates 25 bps in April to signal lower lending rates'

Reserve Bank in its fifth bi-monthly review of this fiscal kept repo rate unchanged at 6 per cent.

27 Dec 2017 2:07 PM IST

Subsidised LPG now costs Rs 477.46 per 14.2-kg cylinder in Delhi. It was priced at Rs 419.18 in June last year.Business
India challenges China as world's leading LPG importer

India's average monthly imports in 2017 of about 1.7 mn tonnes are well still behind China's 2.2 mn tonnes.

27 Dec 2017 1:14 PM IST

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