GST: News

01 Jun 2017

India

India loses the fastest-growing economy tag to China

India's economic growth slowed for the fourth consecutive quarter in the three months that ended in March, losing out the fastest-growing economy tag to China.

30 May 2017

Delhi

L-G directs civic body to make Delhi open-defecation free

On Monday, Lieutenant Governor Anil Baijal directed the municipal corporations to work towards making Delhi open-defecation free.

29 May 2017

India

India's first digital bank for sanitary napkins

On World Menstruation Hygiene Day on May 28, Mumbai's Bharati Lavekar launched India's first digital bank for sanitary pads.

29 May 2017

Karnataka

Bengaluru- Rs. 4.53cr property tax levied on 600sq.ft home

A resident staying in a 600 sq.ft house of Kaveri Nagar of Karisandra ward in South Bengaluru has been charged property tax of Rs. 4.53 crore.

28 May 2017

Indian Government

Government will address GST concerns among industry majors, educate consumers

The NDA government has been pushing GST in full gusto and although, industry majors are rallying behind this move, they are also concerned about changes that​ it will bring in their way of doing businesses.

26 May 2017

Karnataka

Bengaluru horror: 14-year-old gang-raped by minors

Three youths, including two minors, gang-raped a 14-year-old girl in Bengaluru's north division.

26 May 2017

India

3 years of Modi - how has business landscape changed?

As NDA government is now on the mature end of its tenure, it's not only India which is watching its every move but the entire world is.

25 May 2017

Mumbai

Mumbai- 1,300 BMC staff to lose jobs because of GST

With the implementation of GST, Octroi duties will be scrapped, which means those working in the Octroi department will lose their jobs.

25 May 2017

India

FIPB comes to an end to facilitate ease of business

The Union cabinet has okayed the abolition of 25-year-old Foreign Investment Promotion Board (FIPB), whose purpose was to vet Foreign Direct Investment (FDI) proposals in India, as most of the FDI money now comes via automatic routes.

21 May 2017

India

GST ship is battle ready for the choppy Indian economy

GST bill nuances have been finally etched and July 1 marks a new chapter in India's economy.

19 May 2017

Bharti Airtel

GST services tax rates: What's cheaper, what's costlier?

In the new GST regime, among many things, one that's going to get costlier is mobile bills.

18 May 2017

Jammu And Kashmir

GST meet at Srinagar to send political message?

The GST council is holding its 14th meeting in Srinagar today. It will be attended by finance ministers of all 32 states and union territories.

17 May 2017

India

Modi government passes with flying colours in stock exchange

Indian economy growth can be measured, to a certain extent, by the performance of its stock exchanges - BSE and NSE.

10 May 2017

India

Godrej Consumer Products now has Nisaba Godrej at the helm

The reins of Godrej Group's crown jewel, Godrej Consumer Products, have been passed on from industrialist Adi Godrej to her daughter Nisaba Godrej, who earlier was the executive director of the company.

05 May 2017

Mumbai

After Eman, Saifee hospital to start fundraising for obese children

After successfully raising over 21 lakh for the surgery of Eman Ahmed, doctors from Saifee hospital are planning to launch a similar campaign for helping 7 obese children.

28 Apr 2017

India

India is set to become the world's fourth-largest economy

It's been 70 years since our independence; 5 more years and we will push Britain out of the top five economies. We would emerge as the world's fourth-largest economy overtaking Germany on the way.

10 Apr 2017

Arun Jaitley

GST taxpayers will now get a performance based rating

Under the goods and services tax (GST) slated to begin from July 1, taxpayers will be given ratings.

31 Mar 2017

India

Demonetization fails to dampen returns, market shows steady progress

The BSE Sensex performed remarkably this year marking a return of 17% where it oscillated between a low of 24523.20 on April 2016 and a peak of 29824.62 this year.

31 Mar 2017

India

Bengaluru is India's most forgetful city

The Uber 'Lost and Found India' Index released a report on Thursday and ranked Bengaluru as India's most forgetful city.

30 Mar 2017

Lok Sabha

Lok Sabha approves GST: Moves one step closer to implementation

The four GST Bills were approved in the Lok Sabha bringing GST one step closer to a roll out on July 1st. "We seem to be on time... (we are) reasonably optimistic about meeting the deadline", said Arun Jaitley.

27 Feb 2017

Amul

Icecreams, groceries pricier this summer, companies blame input costs

Get ready to spend more as FMCG companies are soon going to hike prices of groceries and other everyday consumption products, citing an increase in input costs.

19 Feb 2017

Ministry of Finance

Service tax officials summon GSTN chief on evasion charges

The service tax department has summoned Prakash Kumar, CEO of Good and Service Tax Network (GSTN), for possible evasion of tax on software services received from IT major Infosys. However, Kumar has denied receiving any such notice from the tax department.

17 Feb 2017

Flipkart

E-commerce sellers will pay 2% tax at source in GST

E-commerce giants like Amazon, Flipkart and Snapdeal are trying to convince the government to scrap from the final Goods and Services Tax draft, the 2% tax that e-commerce marketplaces collect from sellers on their platform.

13 Feb 2017

India

Used cars sales fall by 42% due to demonetization

The used car market in India is struggling for more customers as top players are clocking losses after the demonetization drive.

08 Feb 2017

Arun Jaitley

Punishment if govt employees criticize govt action

Finance Minister Arun Jaitley issued a warning to all government employees of disciplinary action if they criticised government policies in public.

31 Jan 2017

India

Top sector expectations from the budget

Auto, banking, FMCG, infrastructure and power sectors are expecting a push from the government.

24 Jan 2017

India

What to look out for in the upcoming Budget 2017

The countdown to the Union Budget 2017 has begun.

21 Dec 2016

India

Demonetization impacts India's unorganized retail sector

With the onset of demonetization and the popular Goods and Service Tax (GST), the country's unorganized retail sector is being hampered, reports revealed.

17 Dec 2016

India

Demonetization undermined RBI's reputation: Standard & Poor's

The Centre's surprise move to demonetize high-value currency notes has undermined the Reserve Bank of India's reputation for competence and independence, according to the global credit rating agency Standard & Poor's.

28 Oct 2016

India

ITC clocks robust sales amidst GST woes

Cigarette maker ITC saw better days as their cigarette business posted solid profits, despite the growing apprehension about GST rates.

27 Sep 2016

Anil Ambani

Reliance Capital's AGM and its seven big takeaways

Reliance Capital, led by Anil Ambani, held its Annual General Meeting today, which listed out interesting takeaways on the changes in the financial company.

20 Sep 2016

India

Indian electronic products industry to touch $75 billion by 2017

According to the joint study, government's efforts for infrastructure development, locomotive and energy, pose an important opportunity for rapid-expansion of domestic electronics industry.

05 Sep 2016

Indian Railways

What made news this week?

Sports, politics, economics were the highlights this week.

04 Aug 2016

Parliament of India

The GST Bill's impact on the common man

The GST rate has been proposed to be a three-level tax structure by the GST panel under Arvind Subramanian.