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CBEC has issued a clarification over rates of GST for different restaurants.

CBEC issues clarification on rates of GST for restaurants

Govt has fixed different GST rates for different types of restaurants.

11 July 2017 2:48 PM IST

Finance Minister Arun Jaitley

Banks should look at funding unorganised sector: Arun Jaitley

He says SHGs have come a long way and generated lakhs of jobs in rural areas.

11 July 2017 2:39 PM IST

Consumer price inflation has been below 4 percent since Modis Nov. 8 decision to abolish 500 and 1,000 rupee notes

As GST kicks in, concerns about core inflation rise

It raises prospect central bank will grow more cautious about cutting interest rate deeply.

11 July 2017 2:14 PM IST

Diverting from retail inflation, wholesale inflation (WPI) fell to 5.70 per cent in March from 6.55 per cent in the previous month.

Inflation to cool in June to record-low, could prompt rate cut

Wholesale price inflation is expected to have slowed last month to 1.60 per cent from 2.17 per cent in May.

11 July 2017 2:03 PM IST

As per the existing scheme, states purchase sugar to be supplied through the public distribution system (PDS), popularly known as ration shops, from the open market at wholesale rates and sell at a subsidised rate of Rs 13.50 per kg.

Sugar stocks gain up to 5.4 per cent post import duty hike

Revenue department on Monday said import duty on sugar has been increased from present 40 per cent to 50 per cent.

11 July 2017 1:08 PM IST

Revenue Secretary Hasmukh Adhia

No GST on rental income below Rs 20 lakh a year: Hasmukh Adhia

Taxpayer earning more than exempted threshold will have to register with GST Network and pay taxes.

11 July 2017 12:41 PM IST

Revenue Secretary Hasmukh Adhia

GST will reduce inflation by one to two per cent by year end: Hasmukh...

GST rates have been fixed so that it does not affect any section of the society adversely.

11 July 2017 11:20 AM IST

The new law mandates a 180-day deadline to resolve cases.

First test of India's new bankruptcy law offers cautionary tale

World Bank estimated it took 4.3 years on average in India to resolve insolvency under the old laws.

11 July 2017 10:27 AM IST

Union minister M. Venkaiah Naidu

All states must notify rules related to RERA by July 30: Naidu

RERA promises to bring much-desired transparency, accountability and efficiency in real estate sector.

11 July 2017 9:15 AM IST

GST will help realise over Rs 2 lakh crore additional revenue for both Central and State governments and rationalise prices.

GSTIN display on sign boards must for businesses

Composition dealers will have to mention that they are availing composition scheme and are not entitled to collect...

10 July 2017 8:58 PM IST

Consumers will have to cough up goods and services tax (GST) on bill payment for credit card, telephone or any other service consumed in June if the invoice for the same has been generated or payment made in July.

GST roll out cutting transportation time, cost: Assocham

GST is saving trucking time on trunk routes, connecting top cities, between 24-36 hours, said Assocham.

10 July 2017 8:41 PM IST

The women students of the Silver Jubilee Degree College demanded scrapping of GST on sanitary napkins.

Finance Min justifies GST on sanitary pads, says it will protect...

In a statement clarifying its move, finance ministry said GST rate of 12 per cent is lesser than previous tax rate.

10 July 2017 8:05 PM IST