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Commercial banks charge the state governments for every transaction. Officials said it was not clear whether the RBI would charge for transactions through the e-Kuber portal.

RBI wary on inflation, set to keep rates on hold

RBI is likely to reiterate concern about inflation, as annual rate increased to 3.58 per cent in October.

5 Dec 2017 12:19 PM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India services activity slumped in November on higher prices

Nikkei/IHS Markit Services Purchasing Managers' Index fell to 48.5 its lowest since August from 51.7 in Oct.

5 Dec 2017 10:58 AM IST

US President Donald Trump

US Senate tax reforms worry Indian students studying in universities

The waiver was not taxed, but under the new tax bill, the waived fees will be treated as income.

5 Dec 2017 1:41 AM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: PTI/File)

Fitch cuts India's GDP growth forecast for current fiscal year to 6.7...

It also cut GDP growth forecast for 2018-19 fiscal year to 7.3 per cent from 7.4 per cent predicted in its Sept Global...

4 Dec 2017 8:24 PM IST

N K Singh newly appointed Chairman of 15th Finance Commission.

First meeting of 15th finance panel takes off

Commission was cognisant that it has been assigned wide-ranging ToR which needed to be suitably addressed.

4 Dec 2017 5:39 PM IST

The RBI has cancel

RBI likely to keep interest rate on hold for 2nd time in a row

Central bank had reduced benchmark lending rate by 0.25 percentage points to 6 per cent in August.

4 Dec 2017 9:54 AM IST

Though the Centre has brought the GST down to five per cent from 18 per cent recently on food and beverages, hoteliers say that there is not enough gain for them as their margins of profit are dwindled while benefiting the customers.

Claim shouldn't be more than GST paid, says GSTN

The details of bills should match with what has been submitted with customs.

4 Dec 2017 5:07 AM IST

Facebook-owned WhatsApp mobile messaging service is looking at ways to monetize the service by charging businesses for connecting with users. (Photo: AFP)

Hyderabad: Whatsapp GST complaints on 7386136907

Traders have been minting money while causing the Centre, the state, and customers to suffer losses.

4 Dec 2017 1:25 AM IST

Though the Centre has brought the GST down to five per cent from 18 per cent recently on food and beverages, hoteliers say that there is not enough gain for them as their margins of profit are dwindled while benefiting the customers.

Traders hit upon 0 GST' scam in Hyderabad markets

Traders were charging customers the GST amount, but not issuing bills, thus denying the Centre and the state the tax due...

4 Dec 2017 1:21 AM IST

retail inflation, economy, india, consumer price index, interest rate policy

Retail inflation for industrial workers up 3.24 per cent in October

Consumer price index for industrial workers, stood at 3.24 per cent for October, 2017.

1 Dec 2017 6:42 PM IST

Finance Minister Arun Jaitley took to social media to mark the one-year anniversary of demonetisation with his note A year After Demonetisation. (Photo: PTI)

GST made doing business easier for traders: Arun Jaitley

Economy bounced back from a three-year low to expand by 6.3 per cent in July-September.

1 Dec 2017 2:27 PM IST

Relaince Industries chairman Mukesh Ambani

India's economy will double to USD 5 trillion by 2024: Mukesh Ambani

Ambani was optimistic that India can become more prosperous than US and China within this century.

1 Dec 2017 1:55 PM IST