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Retail inflation was at 5.41 per cent in November 2015.

TCS results, IIP, inflation data to steer market this week

Inflation numbers and upcoming earning season should keep investment optimism measured.

8 Oct 2017 11:24 AM IST

Finance minister Arun Jaitley addresses the media after the 22nd meeting of the GST Council in New Delhi. (Photo: PTI)

GST, demonetisation having desired impact: Finance Minister Arun...

He said demonetisation, GST were having desired impact in terms of tax compliances and squeezing quantum of cash in...

8 Oct 2017 10:24 AM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Petrol pump dealers call for strike on October 13, to press for fuel...

United Petroleum Front (UPF) on Saturday warned that if demands were not met, they will be forced to stop operations...

7 Oct 2017 8:32 PM IST

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

GST Council to continue rationalising rates: Shukla

The Goods and Services Tax (GST) has a four-tier structure of 5, 12, 18 and 28 per cent.

7 Oct 2017 7:30 PM IST

Railways minister Suresh Prabhu

Industrial units in J&K, Himachal Pradesh to get budgetary support:...

Under the GST regime, there is no provision for exemption but there is one section under the Act which permits refunds.

7 Oct 2017 6:58 PM IST

Tax department is sending notices for omission of GST on return filing forms. (Photo: Representational)

Input credit collected from traders under GST to be deposited

Ananth Kumar says liquidity in market would increase with depositing of input credit.

7 Oct 2017 5:49 PM IST

The information accessed by RTI activist N.S. Alexander on the present status of the three textiles mills set up in 2011 shows that none of them is a functional mode now.

Textile industry welcomes reduction in GST on man made fibre yarn

Industry says higher GST rate was creating a huge inverted duty problem for synthetic sector.

7 Oct 2017 5:23 PM IST

RSS and BJP workers are also entitled human rights. This hypocrisy and double standards need to be exposed, Union minister Ravi Shankar Prasad said. (Photo: PTI)

GDP to recover in Q2 as fundamentals strong: Ravi Shankar Prasad

Prasad says GDP grew 7.5 per cent in 2014-15, 8 per cent in 2015-16 and 7.1 per cent in 2016-17.

7 Oct 2017 5:12 PM IST

Income-Tax officials are handing over cases related to erring jewellers to the Enforcement Directorate (ED) where the Prevention of Money Laundering Act is involved.

Jewellers welcome govt's decision to remove industry from PMLA

Under the PMLA, every reporting entity is required to maintain record of all transactions of value exceeding Rs 10 lakh.

7 Oct 2017 5:07 PM IST

Union finance minister Arun Jaitley listens to Chief economic advisor Arvind Subramaniam as minister of state for finance Shiv Pratap Shukla looks on, at the 22nd meeting of the GST council, in New Delhi on Friday. (Photo: PTI)

GST Council will take up and resolve other issues too: MoS Finance

GST Council on Friday raised composition scheme threshold for businesses to Rs 1 crore.

7 Oct 2017 4:26 PM IST

A group of ministers will review the GST structure of restaurants. Photo: PTI

Eating out could get cheaper as GoM reviews GST on restaurants

Eating out at restaurant can attract two tax rates 12 per cent for non AC restaurants and 18 per cent at AC...

7 Oct 2017 3:01 PM IST

Prime Minister Narendra Modi speaking at an event in this undated picture. (Photo: File/PTI)

Watch: Modi lays stone for Rs 962 crore bridge in Gujarat

He is on a two days visit to his home state ahead of assembly polls.

7 Oct 2017 2:28 PM IST