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While the Goods and Services Tax (GST) may have been rolled out in a grand manner a few months back, the current version still needs time to be perfect, an official said here on Friday.

Telangana: No way to return GST fines

There were around 15,000 inspections, 1,335 cases were registered against defaulters, and Rs 44.35 lakh was collected in...

23 Nov 2017 1:34 AM IST

The unmet credit demand among small entrepreneurs and rural households have helped many of the leading non-banking finance companies (NBFCs) to grow their loan booksfaster than banks. (Representational image)

NBFCs to continue to dominate MSME credit market: report

Overall formal credit to the MSME sector is seen clipping at 11 per cent each over the next two years.

22 Nov 2017 8:18 PM IST

M. Venkaiah Naidu, the Vice President of India

Need to give push to reforms with human face: Venkaiah Naidu

56 lakh people have joined the ranks of Income Tax payees post exercise by government last year.

22 Nov 2017 8:13 PM IST

Under the Annual Information Returns (AIR), various types of high-value transactions are being reported to the Income Tax Department.

Govt sets up panel to review income tax laws

Currently income up to Rs 2.5 lakh per annum is exempt from tax for individuals.

22 Nov 2017 7:59 PM IST

Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan addressing a Press Conference in New Delhi. (Photo: PTI)

MMTC to import 2,000 tonnes onion to check prices: Paswan

New kharif crop is likely to be lower by 10 per cent as area sown is less by 30 per cent.

22 Nov 2017 7:21 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.

'PE deals touch $8.7 billion, M&A activity hits $2.1 billion in Sep...

India continued to be a healthy deal-making market and is expected to keep growing in the coming years.

22 Nov 2017 7:09 PM IST

Few large retail outlets have started advertising the downward revised prices of FMCG items like shampoo, detergent and beauty products.

Telangana to soon come out with Retail Trade Policy: official

Policy is expected to come out in next 2 months and there will be lots of incentives which will be regulatory in nature.

22 Nov 2017 6:57 PM IST

Finance Minister Arun Jaitley. (Photo: ANI)

Cabinet approves India's membership for EBRD

EBRD's core operations pertain to private sector development in their countries of operation.

22 Nov 2017 5:06 PM IST

Under the companys plan, Answers will lower its debt by $471 million, according to documents filed in Manhattans US Bankruptcy Court.

Cabinet approves amendments to insolvency and bankruptcy code

The Finance Ministry had earlier asked banks to ensure that wilful defaulters were prevented from buying same stressed...

22 Nov 2017 4:51 PM IST

However, imports too jumped 49 per cent to $37.88 billion in April 2016, pushing trade deficit to a 29-month high $13.2 billion

April-October trade deficit soars 60 per cent to $88 billion: report

Current account deficit widening by 40 bps for every 10 per cent increase in crude prices.

22 Nov 2017 4:33 PM IST

Financial market participants have welcomed global ratings agency Moodys decision to upgrade Indias rating to stable saying that the move would help Indian corporates as well as financial institutions to access capital in the overseas market at a lower cost.

After rating upgrade, Moody's ups outlook on India Inc

But the report said downside risks to its expectation include GDP growth falling below 6 per cent.

22 Nov 2017 3:59 PM IST

The Union Cabinet on Wednesday approved the Wage Policy for the 8th Round of Wage Negotiations for workmen in CPSEs as well as setting up of the 15th Finance Commission. (Photo: Twitter| @DG_PIB)

Cabinet nods wage policy for CPSEs, setting up of Finance Commission

Cabinet has also revised salaries, gratuity and pension of judges of Supreme Court and high courts.

22 Nov 2017 3:36 PM IST