Within hours from now, Prime Minister Narendra Modi will unveil India’s new tax regime – the Goods and Services Tax (GST). It will be launched
Most of the food items will be cheaper as the GST rate on them has been kept within 5 per cent range, Union minister Harsimran Kaur Badal said.
President Pranab Mukherjee on Saturday gave assent to the Finance Bill 2017 to give effect to provisions like bar on cash transactions above Rs 2
Union Finance Minister Arun Jaitley has said the GST bills are based on the principle of “shared sovereignty” and that the government
The government may table four GST supplementary legislations in Parliament today, Minister of State for Finance Arjun Ram Meghwal said. The
Arguing that the poor could be hit by State Bank of India’s (SBI) decision to levy penalty for non-maintenance of hiked minimum average monthly
The Opposition parties in the Rajya Sabha raised the issue of transaction surcharge on credit card payments for fuel purchase at petrol pumps as
The GST Council has proposed to raise the peak tax rate to 20 per cent, from the current 14 per cent, in the model goods and services tax Bill to
Congress party has questioned the GDP figures as released by the Central Statistics Office (CSO) on Tuesday. Calling it “surprising” and “highly
The response given by the Finance Ministry on an RBI report about the introduction of Sharia banking in India cannot be disclosed, the central
Finance Minister Arun Jaitley today said the demonetisation process is almost complete, hailing it as the “smoothest possible
Government has no plans to bring back Rs 1000 currency notes in new form, at least in the near future. Putting the speculation to rest,
The government is amending law to make it mandatory for the political parties to file returns on its income by December every year, failure to do
Criticising the Budget, Congress vice president Rahul Gandhi said it lacked a clear vision and had nothing for farmers, youths and job creation.