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From unbranded namkeen to ICDS food packets, the GST Council on Friday tweaked the rates for 27 items. Photo: PTI

GST Council tweaks rates of 27 items! Here is what got cheaper

Prime Minister Narendra Modi welcomed the changes put forth by the Council and said that GST has become 'simpler'.

7 Oct 2017 2:07 PM IST

NITI Aayog CEO Amitabh Kant

Tourist's food choice not state subject, says Kant

Niti Aayog CEO Amitabh Kant also said choice is individual's business.

7 Oct 2017 1:11 PM IST

Prime Minister Narendra Modi has accepted economy was slowing. (Photo: PTI)

Modi, under fire, eases burden on small companies

Earlier, Prime Minister had in a rare acknowledgment said economic sentiment had turned negative.

7 Oct 2017 12:53 PM IST

Prime Minister Narendra Modi has accepted there was a slowdown in economy but also said it was temporary. (Photo: PTI)

Modi congratulates Council, says changes have made GST 'even simpler'

GST Council on Friday gave relief to small and medium businesses on filing and payment of taxes.

7 Oct 2017 12:11 PM IST

European Commission President Jean-Claude Juncker. (Photo: AFP)

European Commission says 5.7 per cent GDP growth is not a slowdown

EC President Jean-Claude Juncker says it is much better than that clocked by major economies of Europe.

7 Oct 2017 11:04 AM 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.

After Telangana, Goa hit by GST as tax collection drops 22 per cent

The state government expects the GST to stabilise from January 2018 onwards.

7 Oct 2017 10:23 AM IST

Arundhati Bhattacharya

Credit growth is unfinished, says Arundhati Bhattacharya

Total bank loans in India grew just about 5 per cent in the year to March, the slowest pace in more than six decades.

7 Oct 2017 1:54 AM 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: Relief for exporters, AC hotels may see tax cut

The exporters will get refunds for the tax paid by them on exports during July and August by October 18.

7 Oct 2017 1:06 AM IST

Finance minister Etala Rajendar said that an additional 25,000 traders are expected to register soon. That still leaves a backlog of 65,000 traders.

Centre will resolve GST soon: Telangana FM Etala Rajendar

TS government's demand on GST reduction on projects of public importance was widely debated in the GST Council meeting.

7 Oct 2017 12:51 AM IST

The GST Council, which has Union Finance Minister and his state counterparts, will decide on tax rates at its meeting on November 3-4 here.

Telangana government scores partial win on GST cut

The actual benefit that will accrue to the government on account of this decision is yet to be ascertained, officials...

7 Oct 2017 12:47 AM IST

Union Finance Minister Arun Jaitley, MoS for Finance Shiv Pratap Shukla and Revenue Secretary Hasmukh Adhia at the 22nd meeting of the Goods and Services Tax (GST) council, in New Delhi on Friday. (Photo: PTI)

GST Council eases tax filing norms for small traders

Businesses having Rs 1.5 crore turnover make up 90 per cent of the taxpayer base but contribute only six per cent of...

7 Oct 2017 12:42 AM IST

Finance Minister Arun Jaitley at the 22nd meet of the GST Council on Friday declared that each exporter will get an e-wallet where a notional amount will be paid to him/her as advance credit through which they can pay their taxes.

GST Council announces e-wallets for exporters, tweaks rates for 27...

In a big relief, small and medium businesses will now have to file tax returns quarterly instead of monthly.

6 Oct 2017 8:32 PM IST