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Globally, gold rose 0.25 per cent to USD 1,222.50 an ounce in Singapore.

Old jewellery sale exempt from ambit of GST, clarifies FinMin

Finance Ministry says such sales do not fall under Section 9(4) of Central GST Act 2017.

14 July 2017 11:54 AM IST

The jewellery shops in Kochi witnessed brisk sales during the last few weeks ahead of the implementation of the new tax regime.

Selling your old jewellery, vehicle will not attract GST

Since the sale is not in consideration for the furtherance of business no tax will apply.

13 July 2017 8:15 PM IST

Prime Minister Narendra Modi (Photo: PTI/File)

Modi to meet key ministries to streamline FDI inflows in country

Meeting assumes significance as government is considering relaxing FDI norms in several sectors.

13 July 2017 6:07 PM IST

Joint Collector of Nellore A. Md. Imtiaz, IAS, who earlier worked as Deputy Commissioner of Commercial Taxes, has said the consumers have lot of advantages because of GST.

GSTIN not necessary if exempt goods imported or exported

CBEC issued clarification amid reports of some consignments being delayed at ports due to ambiguity over GST rules.

13 July 2017 5:49 PM IST

Railway Minister Suresh Prabhu

Railway Ministry to improve infrastructural pace: Suresh Prabhu

Only 42 per cent of electrification has been made so far and will double in next five years plan.

13 July 2017 5:38 PM IST

Following decision to demonetise old Rs 500/1000 notes, the government has taken several measures to encourage digital payments to promote less cash economy. (Photo: Representational Image)

Digital transactions 'leapfrogged' by 3 yrs post note ban: report

The report said it would have taken three years more for digital transactions to reach current levels had note ban not...

13 July 2017 5:20 PM IST

RBI governor Urjit Patel

RBI keeping a close watch on cryptocurrencies: Urjit Patel

Inter-disciplinary committee has been formed to discuss legality of cryptocurrencies.

13 July 2017 4:52 PM IST

Sikshana was founded by Mr E.S. Ramamurthy, who wanted to use his deep management experience as the general manager of a large public sector unit, to improve the quality of learning outcomes in government schools.

No GST on fee for hostels at schools, colleges: Finance Ministry

It clarified that services provided by an educational institute to students, faculty and staff are exempt from GST.

13 July 2017 4:41 PM IST

Union minister Kalraj Mishra (Photo: PTI/File)

GST to benefit MSME sector: Kalraj Mishra

MSME Minister Kalraj Mishra also said that GST will help in reducing tax evasion and end inspector raj.

13 July 2017 4:01 PM IST

Revenue Secretary Hasmukh Adhia looks on while Finance Ministry Arun Jaitley browses through GST Rates Finder mobile app. (Photo: Finance Ministry)

Govt sets up intelligence wing for high-risk areas in Customs, GST

DGARM will use internal and external sources for detailed data mining to generate actionable inputs.

13 July 2017 3:50 PM IST

Reserve Bank of India

What is Insolvency and Bankruptcy Code 2016

IBC that was passed in May 2016 replaced three existing laws on insolvency and bankruptcy.

13 July 2017 12:58 PM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI slashes NEFT, RTGS charges by up to 75 per cent

Reduced charges will be applicable on transactions done through internet banking and mobile banking services.

13 July 2017 12:52 PM IST