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Finance Minister Arun Jaitley on Sunday once again hinted that there is scope for lesser slabs under the Goods and Services Tax. Photo: ANI| Twitter

Govt to discuss bringing real estate under GST in November: Jaitley

The Indian real estate market is expected to touch USD 180 billion by 2020.

12 Oct 2017 1:34 PM IST

The income tax department has identified that black money transactions have been taking place from Vijayawada city through around 200 accounts.

India may want to mull universal basic income or opt for something...

The IMF has said that universal basic income 'looks good' when it substitutes inequitable and inefficient public...

12 Oct 2017 1:21 PM IST

Finance minister Arun Jaitley on Friday announced setting up of a new exchange-traded fund (ETF) to be called Bharat 22 to sell government stakes in 22 state-run and private firms under its $11.4 billion asset sale programme.

Working on plan to rebuild capacity of banking sector: Jaitley

Small and medium-sized enterprises really need the support of the banking system, said Finance Minister Arun Jaitley.

12 Oct 2017 12:46 PM IST

The Union Cabinet on Wednesday extended the benefits of the Seventh Pay Commission for the teaching faculty of central and state universities and aided colleges. (Photo: PTI)

7th Pay Commission: Cabinet hikes wages of state, central university...

The move will benefit 7.58 lakh professors, assistant professors and others, said Human Resource Development minister...

12 Oct 2017 10:18 AM IST

India will work with Japan to make long-term liquefied natural gas (LNG) import deals more affordable for its price-sensitive consumers. (Photo: PTI)

Cabinet approves India-Japan tie-up to get more flexible LNG deals

The world's biggest LNG buyers, all in Asia, are increasingly clubbing together to secure more flexible supply...

12 Oct 2017 9:42 AM IST

Finance Minister Arun Jaitley

GST Council to discuss bringing real estate under its ambit: Jaitley

Finance Minister Arun Jaitley said real estate is a sector where maximum amount of tax evasion takes place.

12 Oct 2017 9:26 AM IST

RBI has included HDFC in its list of too big to fail banks.

Net profit of listed private firms contracted 21.2 pc in Q1: RBI

Net profit of the companies totalled Rs 44,700 crore in the first quarter of the current fiscal.

11 Oct 2017 8:15 PM IST

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

Nearly 46 lakh businesses file GSTR-1 for July

Matching of GSTR-1 and GSTR-2 will be done in the return form GSTR-3, which is to be filed by November 10.

11 Oct 2017 8:02 PM IST

The IMF downgraded its outlook for advanced economies this year by 0.2 percentage points to 1.6 percent but raised it slightly for emerging and developing economies to 4.2 percent.

Rathin Roy questions India's growth projections by IMF, WB

IMF lowered India's growth forecast for the current fiscal by 0.5 percentage points to 6.7 per cent.

11 Oct 2017 6:26 PM IST

Bibek debroy is heading Economic Advisory Council to the PM. (Photo: PTI)

Stick to fiscal consolidation road map: Bibek Debroy panel tells govt

Council, which met for first time today, has identified ten themes, including economic growth and job creations.

11 Oct 2017 5:37 PM IST

The Income-Tax Department has sent out letters to more than 10,000 assessees, most of them pensioners, for attempted tax evasion, especially on income from sources other than pension.

Direct tax collections jump 16 per cent to Rs 3.86 lakh cr in Apr-Sep

Advance tax collections till September stood at Rs 1.77 lakh crore, reflecting a growth of 11.5 per cent.

11 Oct 2017 4:56 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.

Upping govt spending can't revive investments: India Ratings

The agency added that the corporates will shy away from investments despite the prevailing low interest rates.

11 Oct 2017 4:36 PM IST