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According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Ease of doing business to be key for states

One of the advantages of the GST regime is the elimination of multiple taxes.

1 July 2018 6:54 AM IST

Walmart Inc CEO Doug McMillon with Flipkart Co-Founder and CEO Binny Bansal in Bengaluru during the takeover.

The sitting ducks of e-commerce

Entrepreneurs, too, fail to strengthen their position once on top.

20 May 2018 1:11 AM IST

According to the police, three lakh people attended the mega march on August 9 in Mumbai.

Marathas March for better future, reservations, waiver

A majority of Marathas are farmers but farming is no longer lucrative as is evident in the huge number of suicides by...

7 Sept 2017 3:03 AM IST

The Maratha farmers rally at Azad Maidan.

Farmers cry for justice at iconic Azad Maidan

There was no single leader, just 58 groups that converged at Azad Maidan in Mumbai, on August 9, which is observed as...

4 Sept 2017 2:07 AM IST

However, a former executive director of Air India Jitender Bhargava said, it should not be sold cheaply.

No interference will benefit Air India

Debt-ridden Air India needs to monetise its assets to reduce the burden.

16 Jun 2017 3:48 AM IST

Chinese investors in India are here to both share the knowledge about scaling up businesses and to understand Indias market in various verticals.

Chinese investors eye startups to capture business

China sticks to its core competencies in growth area they understand deeply and implement them here.

30 May 2017 1:20 AM IST

Prime Minister Narendra Modi

PM Modi falls short on job creation promise

PM had been critical of UPA's inability to generate jobs

23 May 2017 1:35 AM IST

The New IIP shows that growth in capital goods is still sluggish. Capital goods production indicate factories humming with activity which in turn reflects the presence of demand.

New IIP data indicates growth under UPA's rule

What is disconcerting is that nothing is being done or is seen to be done about encouraging private investment which...

16 May 2017 1:51 AM IST

Photo caption: Under it, C-GST will be levied by the Centre, S-GST by states and I-GST on inter-state supply of goods and services. (Representational Image)

Collection cost in GST too high

he major advantage to industries will be the easing of the compliance processes.

3 May 2017 6:38 AM IST