Economy News

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7th Pay Commission: Cabinet approves hike in HRA, other allowances for Central govt employees, pensioners; read list of all allowances here

The Union Cabinet retained 108 allowances, deferred decision on 12 and merged 34 with other benefits for Central government employees, almost 20 months after the 7th Central Pay Commission submitted its report. You can read the list of all allowances here.

Jun 28, 2017

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GST: Congress to boycott special Parliament session

Apart from objecting to PM Narendra Modi launching the GST, the Congress has to weigh other aspects before deciding whether to attend the June 30 event.

Jun 28, 2017

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GST makes India a unified market like EU

Amalgamating several state and central taxes into a single tax would mitigate cascading or double taxation and lead to easier administration and enforcement.

Jun 28, 2017

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Commerce Minister Nirmala Sitharaman wants MPs to set up co-working spaces for start-ups

She said it will give a fillip to the start-up ecosystem in the country and enable MPs to create jobs in their constituencies.

Jun 28, 2017

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You can file income tax returns even without Aadhaar

Section 139AA of the Income Tax Act that makes linking Aadhaar and PAN mandatory from July 1 does not apply to those who do not have the 12-digit biometric.

Jun 28, 2017

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Aadhaar-PAN link compulsory for taxpayers from July 1

The Central government issued a notification on Wednesday after the Supreme Court refused to pass interim judgment on whether linking PAN and Aadhaar should be optional.

Jun 28, 2017

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More & more Indians are preferring plane over train: Only nostalgia won't help railways survive the challenge

As India turns busier, the overburdened and slow railways in the country are lagging further and further behind air travelling. There is no easy route out for the railways that have only made to suffer all these decades.

Jun 28, 2017

These 10 Goods are exempted under the GST Regime. Will it affect your lifestyle? [VIDEO]

These 10 goods are exempted under the GST regime [VIDEO]

The Goods and Services Tax (GST) Council has fixed the tax framework, which will be rolled out on July 1. Goods of common use and consumed largely by the masses will be spared in the final list. There are certain goods that are kept under nil or zero percent GST rate to benefit the masses.

Jun 27, 2017

Embarrasing timing: PM Modi's '7,000 reforms in 3 years' claim came a day after Economist downvoted him as reformer

PM Narendra Modi said during his meeting with businessmen in US that his govt has done 7,000 reforms in last three years. Just a day earlier, the revered Economist termed him a fine administrator but not so a reformer.

Jun 27, 2017

Budget likely in November as Centre mulling over change in financial year

The budget will have to be held at the beginning of November so that the budgetary exercise, which takes about two months, can be completed by the end of the year.

Jun 27, 2017

e-commerce , credit card, online shopping

Ahead of GST rollout, govt postpones implementation of TDS, TCS

The decision was taken upon trade and industry feedback on Tax Deduction at Source and Tax Collection at Source.

Jun 26, 2017

Google, Microsoft affected in Rs 15,000 cr Telangana real estate scam

The latest episode that has triggered a fresh wave of panic among investors is the largest land scam in Telangana involving hundreds of acres.

Jun 26, 2017

Amazon will keep investing in India, Bezos assures Modi

Jeff Bezos was one of 20 odd US business leaders who met Modi on Sunday.

Jun 26, 2017

GST rollout on July 1 expected to boost job market with over 1 lakh immediate openings

The GST is likely to create about 1 lakh job openings in the country, including in specialised areas such as taxation, accounting and data analysis.

Jun 26, 2017

The Hurting Locker: Trust and liability are gone with the RBI wind

Are banks saying that they don't care for lost or stolen goods from their lockers, but will still charge customers for taking the risk?

Jun 26, 2017

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Economy News

7th Pay Commission: Cabinet approves hike in HRA, other allowances for Central govt employees, pensioners; read list of all allowances here

GST: Congress to boycott special Parliament session

GST makes India a unified market like EU

Commerce Minister Nirmala Sitharaman wants MPs to set up co-working spaces for start-ups

You can file income tax returns even without Aadhaar

Aadhaar-PAN link compulsory for taxpayers from July 1

More & more Indians are preferring plane over train: Only nostalgia won't help railways survive the challenge

These 10 goods are exempted under the GST regime [VIDEO]

Embarrasing timing: PM Modi's '7,000 reforms in 3 years' claim came a day after Economist downvoted him as reformer

Budget likely in November as Centre mulling over change in financial year

Ahead of GST rollout, govt postpones implementation of TDS, TCS

Google, Microsoft affected in Rs 15,000 cr Telangana real estate scam

Amazon will keep investing in India, Bezos assures Modi

GST rollout on July 1 expected to boost job market with over 1 lakh immediate openings

The Hurting Locker: Trust and liability are gone with the RBI wind

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react