Finance minister Arun Jaitley on Thursday pitched for a federal institution, similar to the GST Council, in healthcare and agriculture as the schemes for these sectors face resistance from states beca...

The fledgling electric vehicles sector urgently needs financial support from the government in terms of fast GST refunds, which is most important for this industry because of its inverted tax structur...

The GST Council on Friday said the average revenue shortfall of states was 16 per cent in the first year of the indirect tax regime (July 2017-March 2018) and it has come down to 13 per cent during th...

The GST Council at its meeting on Friday is expected to discuss a cess on luxury and sin goods to help states affected by natural calamities. However, the council is unlikely to rationalise the rates ...

The finance ministry has imposed spending caps of 15-20 per cent on some ministries and departments in the April-June quarter of the current financial year.According to an office memorandum issued by ...

The government on Friday deferred the release of April GST revenue collection data because of the ongoing lockdown, sources said. The government had last month extended the deadline to file GST return...

The goods and service tax collection slipped below the Rs 1-lakh-crore mark to Rs 98,202 crore in August in another sign of a slowdown wracking the economy, which only last week reported a six-year lo...

The Delhi government has demanded Rs 5,000 crore assistance from the Centre to be able to pay salaries to its employees, Deputy chief minister Manish Sisodia said on Sunday.Sisodia, who also holds the...

India’s super-rich may be miffed with the Narendra Modi government after the shock increase in the surcharge on income above Rs 2 crore a year in Friday’s budget.But finance minister Nirmala Sitha...

The nation had swooned over Narendra Modi’s Mazboot Bharat narrative in April-May, giving the BJP a thumping victory in the Lok Sabha polls. The success of the saffron camp in spinning narratives wa...