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The GST Council at its 23rd meeting in Guwahati has slashed tax rates on 177 items in the top 28 per cent slab. (Photo: ANI)

GST Council slashes tax on 178 items; only 50 remain in 28 per cent...

GST of 18 per cent will be levied on chewing gums, chocolates, after shave, deodorant, among other items.

10 Nov 2017 2:30 PM IST

70% of the complaints about overpricing on the pretext of GST are from semi-urban and rural areas which have lower levels of awareness.

Businesses can revise GST transition claim form now

Facility to revise Form GST TRAN-1 declaration has been introduced on GST Portal for taxpayers.

10 Nov 2017 2:01 PM IST

Dr Shamika Ravi, a Senior Fellow of Governance Studies Program at Brookings India and Brookings Institution Washington D.C. is attending the meeting of the EAC to Prime Minister Narendra Modi as a part-time member. (Photo: ANI)

Modi's Economic Advisory Council meets again; Dr Shamika Ravi also on...

In the first meeting, ten issues were identified around which the Council Report would be structured in the coming...

10 Nov 2017 1:01 PM IST

Central government employees can now take advance upto Rs 25 lakhs for construction or purchase of house at a simple interest rate of 8.50 per cent. (Photo: Pixabay)

Good news for central govt staff! Take advance upto Rs 25 lakh for new...

Earlier, the maximum borrowing limit was Rs 7.50 lakh with interest rate slabs ranging from 6 per cent to 9.50 per cent.

10 Nov 2017 12:29 PM IST

Domestic passenger vehicle sales declined marginally to 2,79,837 units in October. (Photo: PTI)

1,84,666 cars sold last month! Sales tank 5.32 per cent in October

Motorcycle sales last month declined by 3.50 per cent to 11,04,498 units compared to 11,44,512 units in October 2016.

10 Nov 2017 11:55 AM IST

The 23rd meeting of the Goods and Services Tax (GST) is now underway and is being chaired by Union Finance minister Arun Jaitley. (Photo: ANI)

GST Council meet starts in Guwahati; Chidambaram expects 'shower of...

The GST Council in its 23rd meet is expected to slash tax rates on various goods of common consumption.

10 Nov 2017 11:24 AM IST

EPFO is a retirement fund body that has a savings corpus of Rs 6.5 lakh crore. (Photo: Representational/PTI)

New PF interest rate for FY18 to be decided on November 23

The decision-making body for EPFO, the Central Board of Trustees will meet on November 23, headed by the Union labour...

10 Nov 2017 10:37 AM IST

The GST Council will meet on Friday and is likely to decide on providing some relief to exporters in terms of faster refunds as well as compliance. (Photo: File | PTI)

GST Council meet: Tax cut on 200 items expected, eating out may get...

On the last leg of its two-day session on Friday, the GST Council meet will be chaired by Finance Minister Arun Jaitley.

10 Nov 2017 9:31 AM IST

SBI chairman Rajnish Kumar

Limited space for rate cut, says SBI chairman Rajnish Kumar

Last week, SBI had reduced its lending rate for home and auto loans by 0.05 percentage point.

9 Nov 2017 11:39 PM IST

The department also examines whether petrol bunks are using calibrated and verified metres. (Representational image)

Govt non-committal on cutting excise duty on petrol, diesel

After the cut, petrol price came down to Rs 68.38 per litre and diesel to Rs 56.89 in Delhi on October 4.

9 Nov 2017 7:42 PM IST

Modi government is considering hiking the basic salary of central government employees to Rs 21,000. Photo:

India to see 10 per cent salary increase in 2018: report

The highest projected salary rise is seen in the energy, FMCG and retail sectors.

9 Nov 2017 6:59 PM IST

The CBEC has now notified the dates for filing the GST returns forms.

Hotel, restaurants body meets GST Council over tax rates

Currently restaurants with no AC and no bar attract a GST of 12 per cent.

9 Nov 2017 5:52 PM IST