The Centre is expected to push for a lower rate on automobiles at the GST Council meeting scheduled on September 20 but may face stiff opposition from some states as this would impact their revenues.â...

Economists have recommended job-oriented growth measures and advised the government to maintain fiscal prudence at their pre-budget meeting with finance minister Nirmala Sitharaman on Friday. They als...

The goods and services tax collections have crossed Rs 1 lakh crore for the third consecutive month in May at Rs 1,00,289 crore.However, the collections were lower than Rs 1,13,865 crore collected in ...

Changes in the GST and income tax rates are part of the new government’s 100-day agenda.The finance ministry is working on the action points to beef up the economic growth rate, which has slipped to...

The Shiv Sena on Saturday warned that if the Modi government fails to pay the Goods and Services Tax (GST) compensation, it could trigger a confrontation between states and the Centre.The saffron part...

Jindal Stainless Ltd (JSL) is expecting a 20 per cent growth in topline over the next 12 months as the company ramps up the sales of value-added products and supplies to the railways.The company is go...

Reserve Bank of India (RBI) governor Shaktikanta Das is set to meet representatives of micro, medium and small enterprises (MSMEs) next week even as the representatives from the sector have expressed ...

The government is working on a plan to set up a natural gas trading hub by the end of this fiscal, to enable better price discovery of the fuel. Related measures such as splitting GAIL India’s marke...

Revenues from the goods and services tax (GST) in November crossed the Rs 1-lakh-crore mark after a gap of three months.Collections rose 6 per cent year-on-year to Rs 1.03 lakh crore in November, whic...

The goods and services tax, although conceived by the earlier government, was introduced rather hastily by the current dispensation in New Delhi. Ever since its introduction, there have been confusion...