GST

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'Don't levy GST on auto, realty, hospitality for 6 months': PwC report

As the pandemic has severely hit businesses and more so in the case of automobiles, hospitality and real estate sectors, a PwC report has suggested the suspension of Goods and Services Tax (GST) on these sectors for a minimum of six months.

Oct 11, 2020

Toyota's latest decision shows what's wrong with India's auto sector

Toyota India's Vice Chairman, Shekar Viswanathan, argued that the government keeps taxes on cars and motorbikes so high that companies find it hard to build scale.

Sep 15, 2020

Centre to sell up to 25% stake in LIC, special discount for retail investors on offer

Notably, the earlier reports have claimed that the center is willing to dilute about 10% stake in LIC but the financial restrain which arose due to Coronavirus pandemic has prompted the government to think for a higher stake sale.

Sep 7, 2020

Finance Ministry lauds GST era: Marked reductions in tax rates; tax payer base doubles to 1.24 crore

The Finance Ministry remembers Arun Jaitley on his death anniversary, says in the GST era, marked reductions in tax rates have been observed. The Ministry has also pointed at an increase in the taxpayer base to 1.24 crores.

Aug 24, 2020

More healthcare services may come under GST net to boost tax collections

The Finance Ministry, which had deliberations with the state governments on measures to boost GST revenue, is likely to recommend bringing premium healthcare services under the GST.

Dec 15, 2019

Finance Minister Nirmala Sitharaman invites suggestions on 'GST Feedback Diwas'

As per the arrangement, people with suggestions can approach GST offices across the country and give their suggestions.

Dec 7, 2019

GST collection highest in November; crosses Rs 1 lakh crore mark

The GST collection on domestic transactions witnessed a growth of 12 percent in November, highest during the year.

Dec 1, 2019

Registration of GST non-filers to be cancelled

The Mumbai office of the Principal Chief Commissioner of GST and Central Excise has issued directives to field officers for ensuring strict compliance.

Nov 17, 2019

Economy in shambles because of govt's 'all-round mismanagement': Manmohan Singh

Dr Manmohan Singh urged the government to put aside vendetta politics and consult with "all sane voices and thinking minds" to save the economy.

Sep 1, 2019

India's largest cookie-maker Parle may cut up to 10,000 jobs amid economic slowdown

A sharp drop in Parle's biscuit sales means the company may have to slash production, which may result in layoffs of 8,000-10,000 people.

Aug 21, 2019

cars, car sales, domestic car sales, gst on cars, auto industry, traffic

Auto industry may further cut production

The slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the month-on-month sales de-growth.

Aug 4, 2019

Tata Nano at manufacturing plant in Gujarat

India's automobile industry to bleed 1 million jobs due to persistent slowdown

The job losses are happening in the major hubs, including Gurgaon-Manesar belt of Haryana, Pune, Jharkhand's Jamshedpur and some parts of Madhya Pradesh's Pithampur.

Jul 25, 2019

FACT CHECK: PM Modi beats Trump, Xi, Putin, becomes 'world's most powerful leader 2019' in UK magazine poll

The leading UK-based British Herald magazine described PM Modi as a key figure in the Asian region who has played an active role in implementing his "act east policies".

Jun 22, 2019

BJP 2.0 and markets: Investors with long-term view to reap great returns

After BJP's triumph in the Lok Sabha elections 2019, the market has given initial reaction to the political outcome and it may last for another couple of days.

May 27, 2019

GST rate cut: Real estate sector eyes massive demand spurt

Widening of 'affordable housing' category and rate reduction expected to give a push to Narendra Modi government's 'Housing for All 2022' programme.

Feb 25, 2019

2019 Lok Sabha election: Online survey shows Narendra Modi will return to power

Around 30 percent of those surveyed said that the popularity of Rahul Gandhi has increased.

Feb 21, 2019

Reversing declining trend, GST revenue Rs 1,02,503 cr in January

The January collection was also 14 per cent higher than last year's collection in the same month, the Finance Ministry said on Saturday.

Feb 2, 2019

tax collection data, indirect taxes, direct taxes, income tax, corporate tax, modi govt, budget 2017, arun jaitley

Massive tax benefits on the cards? Jaitley could double IT exemption limit to Rs 5 lakh

The BJP-led government might offer relief to tax payers considering that it has been able to widen the tax net in the years after demonetisation.

Jan 15, 2019

Director General Chandrajit Banerjee at a business meeting with CEOs of the Confederation of Indian Industry (CII)

India will see strong economic growth in 2019: CII

"The positive outlook is buttressed by strong drivers emanating from the services sector, infrastructure structure including construction equipment and better demand conditions arising out of election spending," CII said.

Dec 31, 2018

Sensex, Nifty turn cautious on mixed global cues

Breaking its three-day winning streak, the 30-share index turned choppy and was trading 25.93 points, or 0.07 per cent, lower at 35,903.71.

Dec 14, 2018

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