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The Economic Advisory Council led by Bibek Debroy

Modi's EAC identifies 10 key issues; will work on critical policy...

The Council was set up with the approval of the Prime Minister on September 26, 2017.

11 Oct 2017 4:20 PM IST

The income tax department and the ministry of corporate affairs (MCA) have signed a pact to regularly share data, including PAN and audit reports of firms. (Representational Image)

Direct tax collections in Sept rise 15.8 per cent to Rs 3.86 lakh...

CBDT reveals growth in personal income tax, PIT, advance tax is 30.1 per cent.

11 Oct 2017 4:10 PM IST

A student from Hyderabad is stranded in the United Kingdom as the cash-strapped Telangana States minority welfare department has not released the money for his scholarship, saying the budget is not yet out.

GST regime brings new cash management system for govt expenses

Home Ministry has told its units to follow revised cash management system formulated by Finance Ministry.

11 Oct 2017 3:52 PM IST

Income-tax department on Friday said that it is launching the second phase of Operation Clean Money under which over 60,000 persons, including 1,300 high risk persons will be investigated for excessive cash sales during demonetisation period.

India investors eye GST impact on July-September corporate earnings

Latest results are critical for investors, marking first quarter since rollout of GST on July 1.

11 Oct 2017 3:02 PM IST

The announcement regarding the constitution of the five-member panel was made on Monday. In picture: Bibek Debroy. (Photo: PTI)

Watch: Bibek Debroy panel holds its first meet, media briefing

On Wednesday, the panel picked up ten important issues related to Indian economy.

11 Oct 2017 2:36 PM IST

As the global oil market frets about a stubborn supply glut, faltering demand growth in key Asian crude importers is further hampering efforts to restore market balance.

Oil drilling rigs import exempt from GST to boost local output

Petrol, diesel, jet fuel (ATF), natural gas and crude oil have been kept out of the GST regime.

11 Oct 2017 2:16 PM IST

GSTN Chairman Ajay Bhushan Pandey on Thursday pointed to robustness of the GSTN system and said 30 lakh returns had been filed so far.

Only 40 lakh or 62 per cent taxpayers file GSTR-1 for month of July

Report says deadline for submission of GSTR-1 ended at October 10-11 midnight.

11 Oct 2017 2:01 PM IST

The Uttarakhand government on Wednesday slashed cess and VAT on petrol and fuel by 2 per cent each. Photo: PTI

Uttarakhand reduces VAT and cess on petrol, diesel by 2 per cent each

This decision comes after Gujarat and Maharashtra governments lowered the VAT on petrol and diesel.

11 Oct 2017 1:56 PM IST

Indias economy likely showed further signs of recovery in the latest quarter from a shock cash squeeze late last year, reported a poll by Reuters. Photo: AP

Factory growth, inflation likely to trend higher: Morgan Stanley

Morgan Stanley expects CPI inflation to rise further to 3.8 per cent, inching closer to RBI's inflation target of 4 per...

11 Oct 2017 1:38 PM IST

CPI inflation fell to a series low of 1.5 per cent in June 2017. (Photo: PTI)

September inflation seen at 6 month high on GST, public sector pay...

Annual economic growth dropped to a three year low of 5.7 per cent in April-June quarter.

11 Oct 2017 12:43 PM IST

SC's judgement on right to privacy protects Aadhar: Arun Jaitley

Finance Minister is in US to attend annual meetings of IMF and World Bank.

11 Oct 2017 12:41 PM IST

The Centre on Thursday announced discounts for transactions through digital means like online banking, credit and debit cards and e-wallets.

Digital payments to grow at 26 per cent CAGR during 2016-2020: report

India could potentially make its way into the global top 10 markets in terms of non-cash transaction volumes.

11 Oct 2017 12:31 PM IST