utomobile sales are in decline for several months.
12 Oct 2019 12:00 AM
The government should take these measures, although this may increase the fiscal deficit, said the Godrej Group Chairman.
03 Oct 2019 1:10 PM
I would say that this is the time where we need to focus on implementing structural reforms, said CEA K V Subramanian.
02 Oct 2019 6:36 PM
The revenue collection in the same month a year ago stood at Rs 94,442 crore.
01 Oct 2019 7:38 PM
Post market hours on Friday, the GST Council reduced tax rate on hotel room tariffs, a move aimed at giving a boost.
23 Sep 2019 12:30 PM
Automobile industry has long been demanding reduction in GST rate from the present 28 per cent to 18 per cent.
18 Sep 2019 7:51 PM
Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand slowdown.
18 Sep 2019 12:42 PM
There is no slowdown in automobile sector. They are saying this to get a package from government, said CAIT's Praveen Khandelwal.
17 Sep 2019 3:14 PM
The argument propagated has been to boost the consumption and the domestic demand by reducing GST rates further.
13 Sep 2019 7:19 PM
This is the second time during this year that the revenue collection from the GST slipped below the Rs 1 lakh crore mark.
01 Sep 2019 7:33 PM
The July 2019 mop-up was, however, 5.8 per cent higher than the Rs 96,483 crore collected in the same month last year.
02 Aug 2019 11:40 AM
The GST rate on all EVs has been reduced from 12 per cent to 5 per cent.
28 Jul 2019 6:29 AM
The council also approved GST exemption for hiring of electric buses by local authorities.
27 Jul 2019 1:06 PM
The GST rate for petrol and diesel cars and hybrid vehicles is already at the highest bracket of 28 per cent plus cess.
22 Jul 2019 7:38 AM
The industry body has suggested imposing a maximum customs duty of Rs 4,000 on handsets priced above Rs 20,000.
21 Jul 2019 3:37 PM
The government would also be bringing changes to seven laws related to direct taxes.
18 Jul 2019 3:00 PM
In 2018-19, 1,620 cases of fake invoicing were detected involving Rs 11,251.23 crore, and 154 persons were arrested.
16 Jul 2019 4:34 PM
Services Tax from the present 12 per cent to 5 per cent on electric vehicles has been shared with the GST Council.
16 Jul 2019 2:00 AM
Corporation tax is the single largest source of income, contributing 21 paise to each rupee earned.
05 Jul 2019 2:57 PM
A committee will be set up to resolve the matter and find a way out on how banks can be friendly for infrastructure projects.
01 Jul 2019 8:07 PM