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Millions of companies in India are still not ready to file their first returns under the new Goods and Services Tax (GST) ahead of an Aug 20 deadline.

India could be forced to cut spending on railways, highways as GST hit...

Economic growth, could take a further hit if the public spending that largely underpinned expansion were to be slashed.

18 Sept 2017 8:22 PM IST

Bank unions have also demanded the government should reimburse them the cost of demonetisation. (Photo: Representational/PTI).

Bank unions approach FM for FRDI Bill withdrawal

The Financial Resolution and Deposit Insurance (FRDI) Bill, 2017, was tabled in the Lok Sabha last month.

18 Sept 2017 8:05 PM IST

Prime Minister Narendra Modi will interact with Finance Minister Arun Jaitley and other top officials on Tuesday to take stock of Indias economic situation. Photo: PTI

Low GDP, widening CAD: PM to meet FM to review economic situation...

The meeting comes days after government data showed GDP growth in Q1 of the current fiscal slumping to 5.7 per cent.

18 Sept 2017 7:20 PM IST

Interestingly, while concerns around fraud appear similar the methods employed to deal with fraud revealed vast differences in approach within firms.

KPMG, EY, Deloitte, PwC on IBA's list of forensic auditors of bank...

The number of banking fraud cases involving Rs 1 lakh and above is on the rise.

18 Sept 2017 6:54 PM IST

Former Prime Minister Manmohan Singh. (Photo: PTI)

GST rollout was hasty, demonetisation impacted GDP: Manmohan Singh

Former Prime Minister had previously cautioned against note ban shaving off 2 per cent of GDP.

18 Sept 2017 6:10 PM IST

Petroleum Minister Dharmendra Pradhan. (Photo: PTI)

Only solution to rising prices is to bring petrol under GST:...

Pradhan's statement comes a day after Arun Jaitley also hinted prices of petrol would be lower under GST.

18 Sept 2017 5:45 PM IST

Union Minister Nitin Gadkari

Gadkari wants to take NHAI public, awaiting FinMin nod

The department of investment and public asset management in the finance ministry looks at divestment processes.

18 Sept 2017 5:33 PM IST

Globally, gold rose 0.39 per cent to USD 1,290.80 an ounce. (Photo: PTI)

600 kg gold imported from Indonesia in only 2 months; govt mulls curbs

Govt has already imposed restrictions on imports of gold from South Korea due to huge jump in imports.

18 Sept 2017 4:50 PM IST

On Friday, the rupee continued its dream run against the US currency and closed at a fresh 2-1/2 month high of 67.31 by rising six paise

PE/VC exits at record high in Aug at $1.9 bn; may touch $10 bn

PE/VC investments in August stood at USD 5.4 billion across 45 deals the highest monthly investment ever.

18 Sept 2017 4:29 PM IST

Maharashtra Chief Minister Devendra Fadnavis (Photo: PTI)

Maharashtra on track to become a trillion-dollar economy: Fadnavis

Maharashtra attracted more than half of the total foreign direct investment (FDI) in the country last fiscal, he said.

18 Sept 2017 3:53 PM IST

PAN card is an important document for filing income tax returns.

PAN to become Aadhaar for NGOs, businesses in black money fight

Govt plans to set up mechanism under which it can make an entity with Rs 2 lakh transaction comply with law.

18 Sept 2017 3:15 PM IST

SBI has imposed 18 per cent GST plus Rs 20 for ATM transactions beyo

Transfer 25k via SBI phone banking; pay 18 per cent GST even if ATM...

The daily limit for fund transfer to personal account is Rs 25,000 while to a third party's account is Rs 10,000.

18 Sept 2017 1:04 PM IST