Latest News on GST

'GST' - 78 Total Results

“Modi government must solve joblessness crisis”

“Modi government must solve joblessness crisis”

Panellists feel that the centre’s bold initiatives have resulted in some good, but it is still a long road ahead to prosperity for all What do...
Gadkari’s controversial statement stirs the hornets’ nest

Gadkari’s controversial statement stirs the hornets’ nest

BJP holds government kept 90 percent of 2014 election promises while all others slam it; party also buys time seeking to examine context of...
“Govt should rein in rising prices”

“Govt should rein in rising prices”

Panellists feel that political leaders talk of the common man, but their goal is only power The Bharat bandh called by the Congress-led Opposition parties...
“’International Pappu’ broke decorum by criticising government on foreign soil”

“’International Pappu’ broke decorum by criticising government on foreign soil”

Talking heads take apart his speeches, many feel RSS, Muslim Brotherhood comparison unjustified and Congress only driven by political ambition, not governance motive This is...
Whither demographic dividend: Largest young population and severely short of teaching staff

Whither demographic dividend: Largest young population and severely short of teaching staff

A skilled, educated person with the age and energy of youth is an asset. Without those qualities, a young person can be a problem....
GST rate cut: Only 35 in top bracket; quarterly filing allowed to businesses

GST rate cut: Only 35 in top bracket; quarterly filing allowed to businesses

The GST Council in its 28th meeting on Saturday pruned rates on a number of goods including several daily use appliances such as washing...
Romania's Simona Halep in action during the first round match against Japan's Kurumi Nara during Wimbledon Championships at the All England Lawn Tennis and Croquet Club, London, Britain; Halep won 6-2 6-4, Reuters/UNI

Day in Pictures

Image highlights from around the world
Exports fall in four years of Modi govt, in 2017 export-to-GDP ratio was lowest since 2005

Exports fall in four years of Modi govt, in 2017 export-to-GDP ratio was lowest...

Exports of goods to Japan and countries in Africa and Latin America dropped over the four years of Narendra Modi government and grew at...
Narendra Modi

Macroeconomic fundamentals strong, India should target double digit growth: PM Modi

Stating that India’s macroeconomic fundamentals are strong, Foreign Direct Investments (FDI) and foreign exchange reserves have touched record highs, Prime Minister Narendra Modi on...
Petrol, diesel prices slashed for 10th consecutive day

Petrol, diesel prices slashed for 10th consecutive day

Petrol and diesel prices were slashed, effective this morning (Friday, June 8), the 10th consecutive day of price cut for petrol and 9th day...
Petrol Diesel prices touch the high of five years ago when crude was $30 costlier

Petrol Diesel prices touch the high of five years ago when crude was $30...

Petrol and diesel prices have touched a new high, touching the previous record reached five years ago, in 2013. The price of crude oil,...
“Parleys are on, but too early for an alternative Front to emerge”

“Parleys are on, but too early for an alternative Front to emerge”

Mudda panellists feel that for the opposition to truly challenge the BJP in 2019, it needs to get stronger and united The TDP, YSR Congress, Congress and CPM (M) are...
GST

GST in India among most complex in the world, is second highest in tax...

If the goods and services tax (GST) system and rates have got you reaching out for pills to quell a headache, you will derive...

“Only the rich has benefited from the growth”

Mudda panelists discuss Gross Domestic Product of December quarter; wonder if country has recovered from demonetisation even as heat wave looms ahead Growth in...
PM Modi meets UAE leaders, Indian community

PM Modi meets UAE leaders, Indian community

Prime Minister Narendra Modi met UAE Vice President and Prime Minister Mohammed bin Rashid Al Maktoum and discussed ways to expand bilateral cooperation in...
GST Commissioner, eight others arrested by CBI for corruption

GST Commissioner, eight others arrested by CBI for corruption

Commissioner of GST (Goods and Services Tax) Sansar Chand and eight others were arrested by CBI on Saturday morning on corruption charges. GST commissioner, Sansar...
Economic Survey seems to have its head in the sand under storm clouds

Economic Survey seems to have its head in the sand under storm clouds

GDP growth projection of 7-7.5 percent probably seems too optimistic The Economic Survey 2018 projects 7-7.5 per cent growth rate in 2018-19, up from 6.75...
President Kovind's Maiden Address to Parliament Focuses On Social Sector

President Kovind’s Maiden Address to Parliament Focuses On Social Sector

A focus on social sector and welfarism, highlighting the government's move to restore Muslim women's honour through the bill criminalising triple talaq, and pitching...
US urge FM Arun Jaitley to reduce tax uncertainty

Corporate America urges FM Arun Jaitley to reduce tax uncertainty for MNCs

Lauding PM Modi’s efforts to “transform” the country’s economy, USIBC said India needs to create a more stable fiscal regime to attract more global...
I-T department busts fraudulent tax refund racket

I-T department busts fraudulent tax refund racket by IBM, Infosys, Vodafone employees

The Income Tax department on Wednesday conducted searches at the premises of an unidentified CA and seized bogus claim documents of his clients. In a...
GST

GST collections in December rose to Rs 86,703 cr, reverse earlier declines

Earlier in November last year the GST receipts decreased to Rs 80,008 crore, while the collections were more than Rs 83,000 crore in October. In...
Modi At WEF: Climate Change, Terrorism, Protectionism The Greatest Threats Before The World

Modi At WEF: Climate Change, Terrorism, Protectionism The Greatest Threats Before The World

Prime Minister Narendra Modi called climate change, terrorism and protectionism the greatest threats facing the world today. Delivering the keynote address at the opening of...
“NPAs have been the Congress’ gift”

“NPAs have been the Congress’ gift”

Mudda panellists feel that the upcoming budget should ensure that the benefits trickle down to poor and middle classes Contrary to expectation, Prime Minister Narendra...
“Rising oil prices is toppling common man’s budget”

“Rising oil prices is toppling common man’s budget”

Mudda panellists feel that the government should consider bringing oil prices under the GST umbrella, it has been using these as revenue source with...
Trader who took poison at BJP headquarter to protest demonetization, GST dies

Trader who took poison at BJP headquarter to protest demonetization, GST dies

Prakash Pandey stumbled into the BJP headquarters in Dehradun on Saturday and claimed that he suffered “immense” losses due to note ban & GST. Giving...
Economic Growth Slows Down To Lowest In Four Years, Accelerates Attacks On Modi Govt

Economic Growth Slows Down To Lowest In Four Years, Accelerates Attacks On Modi Govt

With the economy still struggling to return to previous levels, much less embark on the promised high growth trajectory, the Central Statistics Office (CSO)...
GST Council approves e-way bills for transport of goods across states from Feb 1

GST Council approves e-way bills for transport of goods across states from Feb 1

Transporting goods across states is set to become easier with the GST Council approving on Saturday all-India mandatory compliance of electronic-way (e-way) bill. Compliance of...
Parliament’s winter session gets off to a stormy start, has 40 Bills on agenda

Parliament’s winter session gets off to a stormy start, has 40 Bills on agenda

As Congress and other Opposition parties hope to corner Prime Minister Narendra Modi and his government on a slew of issues, stormy session likely The...

PM Modi says he is ready to pay the political cost for the path...

Stoutly defending his government’s steps that have sparked off debates and criticism, Prime Minister Narendra Modi said he was prepared to be a martyr...
Mood from Moody’s ratings doesn’t last, Standard & Poor’s doesn’t upgrade India’s rating

Mood from Moody’s ratings doesn’t last, Standard & Poor’s doesn’t upgrade India’s rating

Standard & Poor’s (S&P) Global Ratings has kept India's sovereign rating unchanged at 'BBB-' with stable outlook, citing vulnerabilities stemming from low per capita...
Parliament

Parl winter session from Dec 15 to Jan 5, Bill to ban triple talaq...

Session will witness only 14 days of work; Opposition to target BJP over GST rollout impact, rising food prices and allegations against Amit Shah...
Hasmukh

Retailers to face action for not implementing GST rate cuts: Hasmukh Adhia

Despite last month’s GST rate cuts, retailers have not implemented the revised rates citing the need to exhaust old, over-priced stocks Days after the Goods...
Mudda 2017-11-17-at-3.54.34-PM

“Sensex climbing, rupee strengthening a good sign”

Mudda examines veracity of Moody’s rating that has resulted in boost to Modi government, wonders if human indicators were taken into account International credit rating...
Moody’s upgrade endorsement of reform process: Arun Jaitley

Moody’s upgrade endorsement of reform process: Finance Minister Arun Jaitley

The upgrade that came after 13 years sent the Sensex soaring A day after Pew Research survey report about overwhelming popularity of Prime Minister Narendra...

Country can demand Arun Jaitley’s resignation over demonetization, GST: Yashwant Sinha

The veteran BJP leader said there is an utmost need to speak about the country’s “worrying” economic situation. Hitting out at Arun Jaitley – yet...
Congress credits Rahul Gandhi for GST rate cuts

Congress credits Rahul Gandhi for GST rate cuts

After senior Congress leader P Chidambaram thanked Gujarat for forcing BJP government to reduce GST rates on several items, Congress on Saturday chose to...
QUEEN’S GAME: Belgium's King Philippe looks on as Queen Mathilde hits a ball as they play cricket with children at a ground in Mumbai, India, Reuters/UNI

Day in Pictures

Image highlights from around the world
Tax on 177 items to fall from 28% as GST council trims highest tax slab

Tax on 177 items to fall from 28% as GST council trims highest tax...

The decision taken by GST Council will have a revenue implication of Rs 20,000 crore annually. In a relief to consumers and several industries, the...
Mudda 6.11.2017

“Demonetisation’s biggest blow to poor and real estate”

Mudda panellists examine note ban impact one year after the exercise, after Manmohan Singh announces that it spelt “complete disaster” for our economy Slamming the Narendra...
Dr-Manmohan-Singh

Demonetisation a “disastrous policy”, bullet train an “exercise in vanity: Manmohan Singh

Day before the first anniversary of demonetisation, former prime minister Dr Manmohan Singh goes all out to trash successor Narendra Modi’s economic reform agenda A...
Brain behind demonetisation, Hasmukh Adhia is now finance secretary

Brain behind demonetisation, Hasmukh Adhia is now finance secretary

APN’s sister-concern India Legal had predicted in its October 16 edition that revenue secretary Hasmukh Adhia will be appointed as the next finance secretary His...
Mamata Banerjee

After Rahul’s ‘Gabbar Singh Tax’, Mamata’s Great Selfish Tax swipe at GST

West Bengal chief minister says GST rolled out to harass people, calls demonetisation a “disaster that destroyed the economy” Weeks after Congress vice president Rahul...
Prime Minister Narendra Modi

PM Narendra Modi lauds his govt’s achievements, attacks critics and doubters

Prime Minister Narendra Modi on Saturday dwelt upon India’s improved ranking in World Bank’s ‘ease of doing business’ index and said implementation of GST...

Rahul Gandhi and Jaitley spar over India’s EoDB ranking

Congress vice president says GST, noteban wiped out ease of doing business for small traders, Jaitley hits back saying ease of doing corruption has...
Fine-print of India’s improved EoDB ranking is disturbing, Start Ups faltering

Fine-print of India’s improved EoDB ranking is disturbing, Start Ups faltering

Despite PM Narendra Modi’s Start Up India initiative, World Bank’s Ease of Doing Business rankings show starting new business in India is becoming difficult As...
GST Council likely to direct restaurants, malls to ensure price includes taxes

GST Council likely to direct restaurants, malls to ensure price includes taxes

The recommendation has been made by a group of ministers headed by Assam Finance Minister Himanta Biswa Sharma and will be taken up for...

Rahul Gandhi fires another anti-demonetisation torpedo at PM Modi

Congress vice president hits out at Narendra Modi and BJP for proposed celebration of noteban anniversary, calls demonetisation an out and out disaster Keeping up...
Chidambaram: Would have resigned if insisted to implement demonetization

Chidambaram: Would have resigned if insisted to implement demonetization

Cong leader took a fresh jibe at PM Narendra Modi over “hasty” implementation of demonetization, GST Almost a year after the implementation of demonetization, former...
Government working on new consumer protection law: Modi

Government working on new consumer protection law: Modi

PM Narendra Modi delivering the inaugural address at the International Conference on Consumer Protection for East, South & South-East Asian Countries, at Vigyan Bhawan,...
kamal hassan

A year after demonetization, Kamal Haasan apologises for backing note-ban

Kamal Haasan criticised the Narendra Modi government’s anti-graft policy and its implementation, in a column, titled ‘A Big Apology’.   Almost a year after the Narendra...
Christine Lagarde

IMF chief: Demonetisation and GST to move Indian Economy on solid track

Christine Lagarde’s statement is followed by IMF and World Bank downgrading India’s GDP forecast for the year 2017-18. Amid frequent reports of India’s slowing growth...
Arun Jaitley bats for inclusion of real estate sector in GST

Arun Jaitley bats for inclusion of real estate sector in GST

The matter will be discussed in the next GST council meet on November 9 in Guwahati In a move to combat tax evasion in the...
World Bank, IMF cut India’s growth forecast, say GST, Demonetisation disrupted growth

World Bank, IMF cut India’s growth forecast, say GST, Demonetisation disrupted growth

While the World bank has reduced its India GDP growth forecast to 7% for 2017-18 from 7.2%, IMF has scaled down India’s growth forecast...
All states agreeable to GST on petroleum, says Maharashtra FM

All states agreeable to GST on petroleum, says Maharashtra FM

Bringing petroleum products under the goods and services tax regime could rationalize steep fuel prices, bring uniformity in rates across the country GST, as far...
GST

Relief on the GST front, but this will hardly let the MSME sector breathe...

By Sujit Bhar The government has finally allowed some relief to small businesses in GST. It has also recognized that exports are actually a vital...

I do not have the luxury of being a former finance minister: Arun Jaitley...

A day after senior BJP leader Yashwant Sinha slammed the Modi government’s handling of economy in a stinging article in The Indian Express, Finance...
De-materialised woes await the MSME sector of India

De-materialised woes await the MSME sector of India

Union government’s decision to also de-materialise all stocks of unlisted companies could create insurmountable obstacles in the path of already gasping small units. ~By Sujit ...
As GDP slumps to three-year low at 5.7 %, Congress hits out at Centre over DeMo, GST

As GDP slumps to three-year low at 5.7 %, Congress hits out at Centre...

The disappointing GDP figures for the April-June quarter come at a time when the Centre is already facing harsh criticism over the purported failure...
GST

Cabinet clears Ordinance to hike cess to 25 pc on mid-size, luxury vehicles and...

The new levy will be in charged in addition to taxes on sale of the vehicle. GST Council, the apex tax rate setting body,...
President hails demonetisation, GST in his first Independence Day Speech; asks citizens to help Govt make new India

President hails demonetisation, GST in his first Independence Day Speech; asks citizens to help...

As India celebrates 70 years of independence tomorrow, President Ram Nath Kovind, in his first speech Independence Day eve speech after being sworn in...
Rajiv Kumar appointed vice-chairman of NITI Aayog

Rajiv Kumar appointed vice-chairman of NITI Aayog

Will replace Arvind Panagariya at government policy think-tank Dr Rajiv Kumar, the former head of Indian Council for Research on International Economic Relations (ICRIER), has...
NITI Aayog vice-chairman Arvind Panagariya

NITI Aayog vice-chairman Arvind Panagariya resigns

Handpicked by Prime Minister Narendra Modi in January 2015 to head the revamped version of the Planning Commission, Panagariya wants to return to academia,...
Deadline for filing Income Tax Return extended till August 5

Relief! Deadline for filing Income Tax Return extended till August 5

Union finance ministry also says people can file ITR without linking of PAN and Aadhaar but quoting of Aadhaar or Enrolment ID is mandatory,...

PM Appreciates Smooth GST Implementation

Advises Nation to Observe August 15 As “Sankalp Diwas” Prime Minister Narendra Modi has expressed his satisfaction over the smooth implementation and public reception for...
Government launches ‘GST Rates Finder’ app

Government launches ‘GST Rates Finder’ app

Paswan warned retailers to update prices on unsold products or face jail term or penalty. To ensure the smooth functioning and the implementation of...
Delhi university

Delhi University to introduce GST in commerce curriculum

Under- graduates will benefit In a bid to upgrade the syllabus, the Delhi University is all set to incorporate Goods and Services Tax  (GST) in...
22 states remove border checkposts

22 states remove border checkposts

They would scrutinize goods being carried and check for state tax compliance, resulting in long queues Within three days of the rollout of the Goods...
BURN BABY BURN: A demonstrator burns a barricade during a protest against President Michel Temer's proposal reform of Brazil's social security system in a general strike in Rio de Janeiro, Reuters/UNI

Day in Pictures

Image highlights from around the world
GST launched in India

GST launched in India

The goods and services tax (GST) was launched at the stroke of the midnight hour on Saturday. The tax reform was launched by President...
Internet abuzz with jokes and memes on GST before implementation

Internet abuzz with jokes and memes on GST before implementation

Ahead of the implementation of Goods and Services Tax on July 1, social media is abuzz with jokes and memes on the unified tax....
ALL SMILES: Prime Minister Narendra Modi with United States president Donald Trump and the First Lady, Melania Trump, at White House, in Washington DC, UNI

Day in Pictures

Image highlights from around the world
GST: Companies to reduce supplies ahead of the new tax regime

GST: Companies to reduce supplies ahead of the new tax regime

The move is to ensure that the companies clear all the pending orders and adopt new systems quickly By Deepti Jain With less than two weeks...
GST launch with midnight Parliament session

GST launch with midnight Parliament session

Major tax reform was proposed by UPA government On June 30, midnight, lawmakers will gather for a special Parliament session for the launch of...
GST rates of most items finalised, foodgrain to get cheaper

GST rates of most items finalised, foodgrain to get cheaper

The GST council is meeting again on Friday to decide on more items. The Goods and Services Tax (GST) council on Thursday finalised tax...
Union Finance Minister Arun Jaitley with Minister of State, Arjun Ram Meghwal and Santosh Gangwar coming out of North Block office on way to Parliament house to present the General Budget for the year 2017-18 in New Delhi. Photo: UNI

Budget Facts Beyond Declarations of Intent

By Parsa Venkateshwar Rao Jr Finance Minister Arun Jaitley’s fourth Budget, apart from describing Goods and Service Tax (GST) and demonetisation as tectonic shifts, is...

'GST' - 76 News Results

“Modi government must solve joblessness crisis”

“Modi government must solve joblessness crisis”

Panellists feel that the centre’s bold initiatives have resulted in some good, but it is still a long road ahead to prosperity for all What do...
Gadkari’s controversial statement stirs the hornets’ nest

Gadkari’s controversial statement stirs the hornets’ nest

BJP holds government kept 90 percent of 2014 election promises while all others slam it; party also buys time seeking to examine context of...
“Govt should rein in rising prices”

“Govt should rein in rising prices”

Panellists feel that political leaders talk of the common man, but their goal is only power The Bharat bandh called by the Congress-led Opposition parties...
“’International Pappu’ broke decorum by criticising government on foreign soil”

“’International Pappu’ broke decorum by criticising government on foreign soil”

Talking heads take apart his speeches, many feel RSS, Muslim Brotherhood comparison unjustified and Congress only driven by political ambition, not governance motive This is...
Whither demographic dividend: Largest young population and severely short of teaching staff

Whither demographic dividend: Largest young population and severely short of teaching staff

A skilled, educated person with the age and energy of youth is an asset. Without those qualities, a young person can be a problem....
GST rate cut: Only 35 in top bracket; quarterly filing allowed to businesses

GST rate cut: Only 35 in top bracket; quarterly filing allowed to businesses

The GST Council in its 28th meeting on Saturday pruned rates on a number of goods including several daily use appliances such as washing...
Romania's Simona Halep in action during the first round match against Japan's Kurumi Nara during Wimbledon Championships at the All England Lawn Tennis and Croquet Club, London, Britain; Halep won 6-2 6-4, Reuters/UNI

Day in Pictures

Image highlights from around the world
Exports fall in four years of Modi govt, in 2017 export-to-GDP ratio was lowest since 2005

Exports fall in four years of Modi govt, in 2017 export-to-GDP ratio was lowest...

Exports of goods to Japan and countries in Africa and Latin America dropped over the four years of Narendra Modi government and grew at...
Narendra Modi

Macroeconomic fundamentals strong, India should target double digit growth: PM Modi

Stating that India’s macroeconomic fundamentals are strong, Foreign Direct Investments (FDI) and foreign exchange reserves have touched record highs, Prime Minister Narendra Modi on...
Petrol, diesel prices slashed for 10th consecutive day

Petrol, diesel prices slashed for 10th consecutive day

Petrol and diesel prices were slashed, effective this morning (Friday, June 8), the 10th consecutive day of price cut for petrol and 9th day...
Petrol Diesel prices touch the high of five years ago when crude was $30 costlier

Petrol Diesel prices touch the high of five years ago when crude was $30...

Petrol and diesel prices have touched a new high, touching the previous record reached five years ago, in 2013. The price of crude oil,...
“Parleys are on, but too early for an alternative Front to emerge”

“Parleys are on, but too early for an alternative Front to emerge”

Mudda panellists feel that for the opposition to truly challenge the BJP in 2019, it needs to get stronger and united The TDP, YSR Congress, Congress and CPM (M) are...
GST

GST in India among most complex in the world, is second highest in tax...

If the goods and services tax (GST) system and rates have got you reaching out for pills to quell a headache, you will derive...

“Only the rich has benefited from the growth”

Mudda panelists discuss Gross Domestic Product of December quarter; wonder if country has recovered from demonetisation even as heat wave looms ahead Growth in...
PM Modi meets UAE leaders, Indian community

PM Modi meets UAE leaders, Indian community

Prime Minister Narendra Modi met UAE Vice President and Prime Minister Mohammed bin Rashid Al Maktoum and discussed ways to expand bilateral cooperation in...
GST Commissioner, eight others arrested by CBI for corruption

GST Commissioner, eight others arrested by CBI for corruption

Commissioner of GST (Goods and Services Tax) Sansar Chand and eight others were arrested by CBI on Saturday morning on corruption charges. GST commissioner, Sansar...
Economic Survey seems to have its head in the sand under storm clouds

Economic Survey seems to have its head in the sand under storm clouds

GDP growth projection of 7-7.5 percent probably seems too optimistic The Economic Survey 2018 projects 7-7.5 per cent growth rate in 2018-19, up from 6.75...
President Kovind's Maiden Address to Parliament Focuses On Social Sector

President Kovind’s Maiden Address to Parliament Focuses On Social Sector

A focus on social sector and welfarism, highlighting the government's move to restore Muslim women's honour through the bill criminalising triple talaq, and pitching...
US urge FM Arun Jaitley to reduce tax uncertainty

Corporate America urges FM Arun Jaitley to reduce tax uncertainty for MNCs

Lauding PM Modi’s efforts to “transform” the country’s economy, USIBC said India needs to create a more stable fiscal regime to attract more global...
I-T department busts fraudulent tax refund racket

I-T department busts fraudulent tax refund racket by IBM, Infosys, Vodafone employees

The Income Tax department on Wednesday conducted searches at the premises of an unidentified CA and seized bogus claim documents of his clients. In a...
GST

GST collections in December rose to Rs 86,703 cr, reverse earlier declines

Earlier in November last year the GST receipts decreased to Rs 80,008 crore, while the collections were more than Rs 83,000 crore in October. In...
Modi At WEF: Climate Change, Terrorism, Protectionism The Greatest Threats Before The World

Modi At WEF: Climate Change, Terrorism, Protectionism The Greatest Threats Before The World

Prime Minister Narendra Modi called climate change, terrorism and protectionism the greatest threats facing the world today. Delivering the keynote address at the opening of...
“NPAs have been the Congress’ gift”

“NPAs have been the Congress’ gift”

Mudda panellists feel that the upcoming budget should ensure that the benefits trickle down to poor and middle classes Contrary to expectation, Prime Minister Narendra...
“Rising oil prices is toppling common man’s budget”

“Rising oil prices is toppling common man’s budget”

Mudda panellists feel that the government should consider bringing oil prices under the GST umbrella, it has been using these as revenue source with...
Trader who took poison at BJP headquarter to protest demonetization, GST dies

Trader who took poison at BJP headquarter to protest demonetization, GST dies

Prakash Pandey stumbled into the BJP headquarters in Dehradun on Saturday and claimed that he suffered “immense” losses due to note ban & GST. Giving...
Economic Growth Slows Down To Lowest In Four Years, Accelerates Attacks On Modi Govt

Economic Growth Slows Down To Lowest In Four Years, Accelerates Attacks On Modi Govt

With the economy still struggling to return to previous levels, much less embark on the promised high growth trajectory, the Central Statistics Office (CSO)...
GST Council approves e-way bills for transport of goods across states from Feb 1

GST Council approves e-way bills for transport of goods across states from Feb 1

Transporting goods across states is set to become easier with the GST Council approving on Saturday all-India mandatory compliance of electronic-way (e-way) bill. Compliance of...
Parliament’s winter session gets off to a stormy start, has 40 Bills on agenda

Parliament’s winter session gets off to a stormy start, has 40 Bills on agenda

As Congress and other Opposition parties hope to corner Prime Minister Narendra Modi and his government on a slew of issues, stormy session likely The...

PM Modi says he is ready to pay the political cost for the path...

Stoutly defending his government’s steps that have sparked off debates and criticism, Prime Minister Narendra Modi said he was prepared to be a martyr...
Mood from Moody’s ratings doesn’t last, Standard & Poor’s doesn’t upgrade India’s rating

Mood from Moody’s ratings doesn’t last, Standard & Poor’s doesn’t upgrade India’s rating

Standard & Poor’s (S&P) Global Ratings has kept India's sovereign rating unchanged at 'BBB-' with stable outlook, citing vulnerabilities stemming from low per capita...
Parliament

Parl winter session from Dec 15 to Jan 5, Bill to ban triple talaq...

Session will witness only 14 days of work; Opposition to target BJP over GST rollout impact, rising food prices and allegations against Amit Shah...
Hasmukh

Retailers to face action for not implementing GST rate cuts: Hasmukh Adhia

Despite last month’s GST rate cuts, retailers have not implemented the revised rates citing the need to exhaust old, over-priced stocks Days after the Goods...
Mudda 2017-11-17-at-3.54.34-PM

“Sensex climbing, rupee strengthening a good sign”

Mudda examines veracity of Moody’s rating that has resulted in boost to Modi government, wonders if human indicators were taken into account International credit rating...
Moody’s upgrade endorsement of reform process: Arun Jaitley

Moody’s upgrade endorsement of reform process: Finance Minister Arun Jaitley

The upgrade that came after 13 years sent the Sensex soaring A day after Pew Research survey report about overwhelming popularity of Prime Minister Narendra...

Country can demand Arun Jaitley’s resignation over demonetization, GST: Yashwant Sinha

The veteran BJP leader said there is an utmost need to speak about the country’s “worrying” economic situation. Hitting out at Arun Jaitley – yet...
Congress credits Rahul Gandhi for GST rate cuts

Congress credits Rahul Gandhi for GST rate cuts

After senior Congress leader P Chidambaram thanked Gujarat for forcing BJP government to reduce GST rates on several items, Congress on Saturday chose to...
QUEEN’S GAME: Belgium's King Philippe looks on as Queen Mathilde hits a ball as they play cricket with children at a ground in Mumbai, India, Reuters/UNI

Day in Pictures

Image highlights from around the world
Tax on 177 items to fall from 28% as GST council trims highest tax slab

Tax on 177 items to fall from 28% as GST council trims highest tax...

The decision taken by GST Council will have a revenue implication of Rs 20,000 crore annually. In a relief to consumers and several industries, the...
Mudda 6.11.2017

“Demonetisation’s biggest blow to poor and real estate”

Mudda panellists examine note ban impact one year after the exercise, after Manmohan Singh announces that it spelt “complete disaster” for our economy Slamming the Narendra...
Dr-Manmohan-Singh

Demonetisation a “disastrous policy”, bullet train an “exercise in vanity: Manmohan Singh

Day before the first anniversary of demonetisation, former prime minister Dr Manmohan Singh goes all out to trash successor Narendra Modi’s economic reform agenda A...
Brain behind demonetisation, Hasmukh Adhia is now finance secretary

Brain behind demonetisation, Hasmukh Adhia is now finance secretary

APN’s sister-concern India Legal had predicted in its October 16 edition that revenue secretary Hasmukh Adhia will be appointed as the next finance secretary His...
Mamata Banerjee

After Rahul’s ‘Gabbar Singh Tax’, Mamata’s Great Selfish Tax swipe at GST

West Bengal chief minister says GST rolled out to harass people, calls demonetisation a “disaster that destroyed the economy” Weeks after Congress vice president Rahul...
Prime Minister Narendra Modi

PM Narendra Modi lauds his govt’s achievements, attacks critics and doubters

Prime Minister Narendra Modi on Saturday dwelt upon India’s improved ranking in World Bank’s ‘ease of doing business’ index and said implementation of GST...

Rahul Gandhi and Jaitley spar over India’s EoDB ranking

Congress vice president says GST, noteban wiped out ease of doing business for small traders, Jaitley hits back saying ease of doing corruption has...
Fine-print of India’s improved EoDB ranking is disturbing, Start Ups faltering

Fine-print of India’s improved EoDB ranking is disturbing, Start Ups faltering

Despite PM Narendra Modi’s Start Up India initiative, World Bank’s Ease of Doing Business rankings show starting new business in India is becoming difficult As...
GST Council likely to direct restaurants, malls to ensure price includes taxes

GST Council likely to direct restaurants, malls to ensure price includes taxes

The recommendation has been made by a group of ministers headed by Assam Finance Minister Himanta Biswa Sharma and will be taken up for...

Rahul Gandhi fires another anti-demonetisation torpedo at PM Modi

Congress vice president hits out at Narendra Modi and BJP for proposed celebration of noteban anniversary, calls demonetisation an out and out disaster Keeping up...
Chidambaram: Would have resigned if insisted to implement demonetization

Chidambaram: Would have resigned if insisted to implement demonetization

Cong leader took a fresh jibe at PM Narendra Modi over “hasty” implementation of demonetization, GST Almost a year after the implementation of demonetization, former...
Government working on new consumer protection law: Modi

Government working on new consumer protection law: Modi

PM Narendra Modi delivering the inaugural address at the International Conference on Consumer Protection for East, South & South-East Asian Countries, at Vigyan Bhawan,...
kamal hassan

A year after demonetization, Kamal Haasan apologises for backing note-ban

Kamal Haasan criticised the Narendra Modi government’s anti-graft policy and its implementation, in a column, titled ‘A Big Apology’.   Almost a year after the Narendra...
Christine Lagarde

IMF chief: Demonetisation and GST to move Indian Economy on solid track

Christine Lagarde’s statement is followed by IMF and World Bank downgrading India’s GDP forecast for the year 2017-18. Amid frequent reports of India’s slowing growth...
Arun Jaitley bats for inclusion of real estate sector in GST

Arun Jaitley bats for inclusion of real estate sector in GST

The matter will be discussed in the next GST council meet on November 9 in Guwahati In a move to combat tax evasion in the...
World Bank, IMF cut India’s growth forecast, say GST, Demonetisation disrupted growth

World Bank, IMF cut India’s growth forecast, say GST, Demonetisation disrupted growth

While the World bank has reduced its India GDP growth forecast to 7% for 2017-18 from 7.2%, IMF has scaled down India’s growth forecast...
All states agreeable to GST on petroleum, says Maharashtra FM

All states agreeable to GST on petroleum, says Maharashtra FM

Bringing petroleum products under the goods and services tax regime could rationalize steep fuel prices, bring uniformity in rates across the country GST, as far...
GST

Relief on the GST front, but this will hardly let the MSME sector breathe...

By Sujit Bhar The government has finally allowed some relief to small businesses in GST. It has also recognized that exports are actually a vital...

I do not have the luxury of being a former finance minister: Arun Jaitley...

A day after senior BJP leader Yashwant Sinha slammed the Modi government’s handling of economy in a stinging article in The Indian Express, Finance...
De-materialised woes await the MSME sector of India

De-materialised woes await the MSME sector of India

Union government’s decision to also de-materialise all stocks of unlisted companies could create insurmountable obstacles in the path of already gasping small units. ~By Sujit ...
As GDP slumps to three-year low at 5.7 %, Congress hits out at Centre over DeMo, GST

As GDP slumps to three-year low at 5.7 %, Congress hits out at Centre...

The disappointing GDP figures for the April-June quarter come at a time when the Centre is already facing harsh criticism over the purported failure...
GST

Cabinet clears Ordinance to hike cess to 25 pc on mid-size, luxury vehicles and...

The new levy will be in charged in addition to taxes on sale of the vehicle. GST Council, the apex tax rate setting body,...
President hails demonetisation, GST in his first Independence Day Speech; asks citizens to help Govt make new India

President hails demonetisation, GST in his first Independence Day Speech; asks citizens to help...

As India celebrates 70 years of independence tomorrow, President Ram Nath Kovind, in his first speech Independence Day eve speech after being sworn in...
Rajiv Kumar appointed vice-chairman of NITI Aayog

Rajiv Kumar appointed vice-chairman of NITI Aayog

Will replace Arvind Panagariya at government policy think-tank Dr Rajiv Kumar, the former head of Indian Council for Research on International Economic Relations (ICRIER), has...
NITI Aayog vice-chairman Arvind Panagariya

NITI Aayog vice-chairman Arvind Panagariya resigns

Handpicked by Prime Minister Narendra Modi in January 2015 to head the revamped version of the Planning Commission, Panagariya wants to return to academia,...
Deadline for filing Income Tax Return extended till August 5

Relief! Deadline for filing Income Tax Return extended till August 5

Union finance ministry also says people can file ITR without linking of PAN and Aadhaar but quoting of Aadhaar or Enrolment ID is mandatory,...

PM Appreciates Smooth GST Implementation

Advises Nation to Observe August 15 As “Sankalp Diwas” Prime Minister Narendra Modi has expressed his satisfaction over the smooth implementation and public reception for...
Government launches ‘GST Rates Finder’ app

Government launches ‘GST Rates Finder’ app

Paswan warned retailers to update prices on unsold products or face jail term or penalty. To ensure the smooth functioning and the implementation of...
Delhi university

Delhi University to introduce GST in commerce curriculum

Under- graduates will benefit In a bid to upgrade the syllabus, the Delhi University is all set to incorporate Goods and Services Tax  (GST) in...
22 states remove border checkposts

22 states remove border checkposts

They would scrutinize goods being carried and check for state tax compliance, resulting in long queues Within three days of the rollout of the Goods...
BURN BABY BURN: A demonstrator burns a barricade during a protest against President Michel Temer's proposal reform of Brazil's social security system in a general strike in Rio de Janeiro, Reuters/UNI

Day in Pictures

Image highlights from around the world
GST launched in India

GST launched in India

The goods and services tax (GST) was launched at the stroke of the midnight hour on Saturday. The tax reform was launched by President...
Internet abuzz with jokes and memes on GST before implementation

Internet abuzz with jokes and memes on GST before implementation

Ahead of the implementation of Goods and Services Tax on July 1, social media is abuzz with jokes and memes on the unified tax....
ALL SMILES: Prime Minister Narendra Modi with United States president Donald Trump and the First Lady, Melania Trump, at White House, in Washington DC, UNI

Day in Pictures

Image highlights from around the world
GST: Companies to reduce supplies ahead of the new tax regime

GST: Companies to reduce supplies ahead of the new tax regime

The move is to ensure that the companies clear all the pending orders and adopt new systems quickly By Deepti Jain With less than two weeks...
GST launch with midnight Parliament session

GST launch with midnight Parliament session

Major tax reform was proposed by UPA government On June 30, midnight, lawmakers will gather for a special Parliament session for the launch of...
GST rates of most items finalised, foodgrain to get cheaper

GST rates of most items finalised, foodgrain to get cheaper

The GST council is meeting again on Friday to decide on more items. The Goods and Services Tax (GST) council on Thursday finalised tax...
Union Finance Minister Arun Jaitley with Minister of State, Arjun Ram Meghwal and Santosh Gangwar coming out of North Block office on way to Parliament house to present the General Budget for the year 2017-18 in New Delhi. Photo: UNI

Budget Facts Beyond Declarations of Intent

By Parsa Venkateshwar Rao Jr Finance Minister Arun Jaitley’s fourth Budget, apart from describing Goods and Service Tax (GST) and demonetisation as tectonic shifts, is...

Featured Today