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The CII has recommended the govt to keep the rate on processed food items in three slabs keeping in mind consumers of different income-groups.

CGST won't apply on items not registered under trademark law

CGST rate on supply of certain goods, such as paneer, natural honey, wheat, rice and other cereals, pulses is nil.

5 July 2017 3:45 PM IST

Global consumption of quinoa remains incidental compared to wheat, rice, barley or corn, but scientists say the low maintenance, healthy crop could help feed the world. (Photo: AFP)

Govt clarifies no GST on lose, unbranded wheat, cereals, paneer

Government said these goods will attract GST only if they are packaged and bear a registered brand name.

5 July 2017 2:53 PM IST

The GHMCs food controllers conducted searches in city supermarkets and seized GE food products imported from the US and Canada.

Reflect MRP revision post GST via stickers till Sep 30: Govt

Government ruled that goods packaged before July 1 will have to bear both pre-GST MRP and post-GST MRP.

5 July 2017 1:45 PM IST

The decision comes close on the heels of the merger that took SBI into the top 50 largest banks in the world with a balance sheet size of Rs 41 lakh crore, 500 million customers.

SBI deposit rate of 6.75 per cent to lower your interest income

With effect from July 1, India's largest bank trimmed interest rate by 15 basis points from 6.90 per cent to 6.75 per...

5 July 2017 12:55 PM IST

The Nikkei India Manufacturing PMI stood at 51.1 in January, up from 49.1 in December. (Representational Image)

June services activity hits eight-month high on solid new orders

GDP growth was a lower-than-expected 6.1 per cent, slumping to its lowest in more than two years.

5 July 2017 12:20 PM IST

As the government looks to make tax filling seamless, the income-tax department is seeking the linkage of tax payers PAN number with their Aadhaar number for all tax return fillings after July 1, 2017.

Aadhaar-PAN linking not must if you fall under these categories

CBDT has already relaxed July 1 deadline for linking Aadhaar with PAN card.

5 July 2017 11:39 AM IST

Aadhaar is a unique identity.

Indian School of Business starts research initiative on Aadhaar card

Initial phase of research will cover impact of Aadhaar in areas like benefit transfer, financial inclusion etc.

5 July 2017 11:19 AM IST

70% of the complaints about overpricing on the pretext of GST are from semi-urban and rural areas which have lower levels of awareness.

Companies given Sept 30 deadline to clear unsold pre-GST goods: Centre

In case of price hike post-GST, it is must to advertise the same at least twice.

5 July 2017 1:29 AM IST

The Income-Tax Department has sent out letters to more than 10,000 assessees, most of them pensioners, for attempted tax evasion, especially on income from sources other than pension.

No disservice to tax items used by disabled

The government said that the tax will also promote their domestic manufacturing.

5 July 2017 12:45 AM IST

While the GST is expected to create a unified and simple tax system, many of the small and medium enterprises are anxious over their preparedness to usher into the GST regime.

Tax-compliance is target for Centre, not GDP: D&B

According to Mr Singh, a slight dip in the GDP number is expected in the next few quarters.

5 July 2017 12:42 AM IST

Cloth market traders sit outside their closed shops during a protest on the fourth day of the new GST regime at Chandni Chowk Market in New Delhi on Tuesday. (Photo: AP)

Only one price label for items after October 1

Paswan threatens legal action against traders not mentioning GST.

5 July 2017 12:40 AM IST

Former Reserve Bank of India Governor Y V Reddy

'Idea of govt restructuring PSBs before stake sale is wrong'

Restructuring PSBs and then selling stake in them is a flawed idea as restructuring invariably comes with a cost.

4 July 2017 7:06 PM IST