Centre, states apportion Rs 33,000 crore IGST in November
As much as Rs 33,000 crore lying in the integrated goods and services tax (IGST) pool has been apportioned between the centre and states...
GST on banks' 'free services' may be passed on to customers
MUMBAI: Faced with the prospect of paying goods and services tax (GST) on ‘free services’ provided to customers who maintain a minimum...
GST Council met 30 times, took 918 decisions in 2 years: Govt
NEW DELHI: The all-powerful GST Council, chaired by Finance Minister Arun Jaitley, has met 30 times and taken 918 decisions related to...
India plans to discuss duty cuts with China
NEW DELHI: India plans to have bilateral discussions with China on duty cuts in the Regional Comprehensive Economic Partnership (RCEP)...
Govt extends duty benefit for export of non-basmati rice
NEW DELHI: The government has extended duty benefits to non-basmati rice exporters under a scheme to boost the shipment of the agri...
NPS gets you additional Rs 50,000 income tax deduction. How to claim
If you are a salaried individual and have already exhausted the Rs 1.5 lakh Section 80C income tax benefit, the NPS could help you with...
'Note ban, GST cost economy Rs 4.8 lakh crore'
NEW DELHI: Demonetisation and faulty GST implementation caused a loss of Rs 4.8 lakh crore to the economy, West Bengal finance minister...
Govt struggles to meet GST collection target; indirect tax mop-up shortfall could be this much in FY
The government has been struggling to meet the Goods and Services Tax (GST) collection target, which along with the cut in excise duty on...
Detected! Indirect tax evasion of Rs 29k crore during Apr-Oct
The investigation arm of the finance ministry has detected tax evasion worth Rs 29,088 crore in 1,835 cases during the April-October...
Bogus Eway bill scam worth Rs 100 crore unearthed
AHMEDABAD: A bogus billing scam was unearthed by the State Goods and Services Tax (GST) department where Eway bills worth Rs 100 crore...
