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The finance ministry will try and reach a consensus on the key issues so that the subsequent central GST (CGST) and integrated GST (IGST) legislations can be introduced in the month-long Winter Session of Parliament beginning November 16.

High consumption in Telangana yields big IGST harvest

The state got Rs 2,300 crore as IGST from July to Sept, which is almost equal to what it earned through GST at Rs 2,446...

12 Nov 2017 1:03 AM IST

Over 2 lakh traders have enrolled into the GST network but there are many who still have to finish the formalities.

Hotels, restaurants apex body welcomes GST rate change

Govt decided to fix GST rate at 5 per cent for all restaurants and not give them input tax credit.

11 Nov 2017 11:30 AM IST

FDI inflows into India firmed up by 22 per cent to USD 35.85 billion during April-December 2016.

DIPP approves FDI proposal for single-brand retail sector

FDI into the country grew 9 per cent to USD 43.47 billion in 2016-17.

11 Nov 2017 11:04 AM IST

As many as 37 lakh GST returns for September have been filed till 7 pm on Friday and 75,000 sales data is being uploaded on the GST Network (GSTN) portal on hourly basis.

Transition claim forms can now be revised: GSTN

The government in September allowed for one-time revision of TRAN-1.

11 Nov 2017 1:42 AM IST

Centre obliges Telangana government, cuts GST on granite

Finance minister Etela Rajender had strongly demanded GST exemption or reduction for granite and beedi industries.

11 Nov 2017 12:20 AM IST

Union finance minister Arun Jaitley along with MoS for finance Shiv Pratap Shukla and finance secretary Hasmukh Adhia (left) at the 23rd GST Council Meeting, in Guwahati on Friday. (Photo: PTI)

Eating out gets cheaper from Nov 15; 178 items down to 18 per cent GST...

Also, a total of 14 items have been brought down to 5 per cent GST slab, while six items will not levy any tax.

10 Nov 2017 7:20 PM IST

Chief Minister Siddaramaiah

Karnataka ready to receive Chinese investors with open arms:...

Karnataka government will continue to actively engage with China and explore all possible avenues to make them its...

10 Nov 2017 4:49 PM IST

The RBI directed all banks to implement doorstep banking facilities for differently-abled citizens and those above 70 years of age by December this year. (Photo: PTI)

RBI urges doorstep banking for senior citizens, differently-abled

Banks were also advised to provide a dedicated counter for senior citizens and people who are differently-abled.

10 Nov 2017 4:12 PM IST

The Economic Advisory Council to Prime Minister Narendra Modi on Friday spelt out a road map for stepping up skill development, job creation and enhanced resource investment in the social sector. (Photo: ANI)

EAC-PM sketches 'road map' for job creation, social sector development

The EAC made recommendations to guide the framework for the Fifteenth Finance Commission.

10 Nov 2017 3:57 PM IST

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