Income Tax exemption limit may go up to Rs 5 lakh per year in interim budget: Report
With middle-class apathy on the rise, Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from...
Govt revenue will take Rs 1-trillion hit due to GST rate cuts: Jaitley
The government will forego revenue of close to Rs 1 trillion on all the items whose rates have revised to lower slabs under the goods and...
Government plans insurance scheme for GST-registered small traders.
NEW DELHI: Ahead of the general elections, the government is considering an insurance scheme for lakhs of GST-registered small and medium...
GST exemption limit doubled to give relief to small businesses
The Goods and Services Tax (GST) Council approved a series of measures aimed at benefiting small businesses, such as a doubling of the...
GST, excise, service tax evasion of Rs 48,555 crore detected during Apr-Dec 2018
GST, central excise and service tax evasion detected during the April-December period of the current financial year stood at Rs 48,555...
TRAI data: Government’s revenue from telecom companies continue to fall
The revenue earned by the government from the telecom industry continues to decline as operators battle it out in a hard-fought market,...
Builders lobby for 5% GST, with credit for taxes on inputs.
NEW DELHI: Ahead of the GST Council meeting on Thursday, builders are lobbying hard to ensure that the government allows input tax credit...
View: Government's ecommerce rules distort business, don’t help Indian entrepreneurship
It’s possible to be deeply worried about two foreign-owned companies catering to three-fourths of India’s fast-growing online retail...
10% quota for poor among upper castes: Who all are eligible.
NEW DELHI: The Union Cabinet on Monday approved a 10 per cent reservation for economically weaker sections of the society. The quota is...
MSC Bank clears way for export of 7 lakh tonnes of sugar
PUNE: The Maharashtra State Cooperative Bank has agreed to extend a loan to sugar mills in the state, enabling them to immediately export...
