GST | The Asian Age

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The President also hailed the Indian community in Bulgaria as 'bridge between the two countries' . (Photo: ANI)

India's economy making steady progress: President Kovind in Bulgaria

President Kovind is on his state visit to three European countries-Cyprus, Bulgaria and the Czech Republic.

05 Sep 2018 9:20 AM

These have collectively contributed to the robust GDP figures that we saw for June quarter 2018-19.

8.2 per cent GDP growth an outcome of reforms taken by Govt: CII

Increase in private investment and enhanced govt spending will help India garner a GDP growth of 7.3-7.7 pc for the ongoing financial year.

04 Sep 2018 3:59 PM

The IATA's Director General and CEO also said that India's aviation sector is projected to see 500 million trips "to, from and within" by 2037.

GST on overseas air tickets violates international norms: IATA chief

The GST rate is 5 per cent and 12 per cent on economy and business class tickets, respectively.

04 Sep 2018 11:37 AM

Shamika Ravi, member of the Prime Minister’s Economic Advisory Council.

Govt could’ve done more on reforms: EAC member Shamika Ravi

Modi government introduced GST, IBC and considerably eased the foreign direct investment regime in four years.

04 Sep 2018 9:35 AM

The collection from GST has been rising and this is a good sign.

Let’s be cautious. It’s too early to celebrate

Government’s spending will perforce be limited by fears of missing the fiscal deficit, unless it can raise its revenue sources.

02 Sep 2018 12:00 AM

Series of reforms transformed economy: Arun Jaitley

Macroeconomic outlook broadly favorable and growth forecast rising to 7.3 per cent in FY 2018-19.

27 Aug 2018 9:28 AM

The revamp had been planned from Sagar Hotel, Kamathipura first to 16 lanes.

Market slump taking toll on redevelopment

Realtors refraining from taking up work in Dharavi.

26 Aug 2018 2:27 AM

In Germany, Rahul blames joblessness, demonetisation, GST for lynchings

In his address, Gandhi traced creation of ISIS to warn against similar situation at home if people are excluded from development process.

23 Aug 2018 8:33 AM

Union Finance Minister Piyush Goyal. (Photo: PTI)

Government extends GSTR filing date till October 5 in Kerala

Relief material coming from foreign countries for flood-hit Kerala has been exempted from custom duty and GST.

22 Aug 2018 12:41 PM

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

No agreement on GST for fuel

The total tax incidence on petrol comes to 45-50 per cent and on diesel, it is 35-40 per cent.

22 Aug 2018 4:55 AM

The average growth rate under the UPA-1 government was 8.87 per cent, during which it also cloaked double digit growth rate of 10.08 per cent in 2006-07 and under the UPA-2 dispensation, it was 7.39 per cent, he said, citing data on gross domestic product (GDP) released by the Statistics Ministry. (Photo: File)

Congress led best decade for growth since Independence: P Chidambaram

Chidambaram said that 'three finance ministers are handling the economy at present - a de-facto, a de-jure and an invisible one'.

19 Aug 2018 7:42 PM

'India was considered among 'fragile five' but today world is seeing it as destination of multi-billion dollar investment,' PM Modi said. (Photo: Twitter | ANI)

‘Sleeping elephant’ woke up, India to lead world growth for 3 decades: PM Modi

PM Modi said, red tape has been replaced with 'red carpet', propelling India on the ease of doing business ranking.

15 Aug 2018 9:18 AM

Prime Minister Narendra Modi. (Photo: Twitter | @BJP4India)

India to be engine of world growth for 3 decades: PM Modi

GST, bankruptcy and insolvency law and benami property law that helped transform the economy.

15 Aug 2018 8:58 AM

GST charged would be available as tax credit, except for sectors which are exempt from GST like education, hospitals, alcohol and petroleum.

Salary costs at headquarters to attract 18 pc GST: AAR

GST invoice for functions performed by employees in head office that has helped branches in other states.

14 Aug 2018 11:47 AM

Goods and Services Tax (GST) rollout, growth slowed to 6.7 per cent in fiscal year 2017-18.

IMF forecasts India's GDP to grow at 7.5 per cent in 2019-20

Current account deficit is projected to widen further to 2.6 pc of GDP on rising oil prices and strong demand for imports.

09 Aug 2018 9:29 AM

The GST is an indirect tax levied on the supply of goods and services in India. It came into effect on July 1, 2017. (Representational Image)

GST ‘milestone reform’ but India should consider simpler rate structure: IMF

In its annual country report, IMF said that a dual rate structure can be progressive and preserve revenue neutrality.

08 Aug 2018 1:37 PM

A dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality. (Photo: AFP)

IMF asks India to consider simpler GST rate structure

GST as presently designed has an effective tax rate rising with household consumption.

08 Aug 2018 9:21 AM

IGST makes provisions for the levy and collection of taxes on inter-state supply of goods or services or both by the central government.

No GST refunds for foreigners

Govt asked to provide details on procedures for foreigners to get GST refunds on goods purchased by them in India.

07 Aug 2018 9:11 AM

In terms of sector specific trends, consumer-oriented sectors like FMCG, consumer durables and automobiles continued to grow their domestic volumes and thereby sales.

Consumer demand boosts India Inc’s income

Sales were strong in consumer sectors; pharma, banking post decent growth.

07 Aug 2018 1:53 AM

Earlier this week, Bihar Deputy Chief Minister Sushil Modi, who also heads high-level minister panel on GST, had said that the slabs may come down in the future. (Representational Image)

In long-term, GST slabs may reduce to 3: Advisor to finance ministry

The three slabs could be a low of 5 per cent, a central 15 per cent (merging 12 pc and 18 pc slabs) and a top rate of 25 per cent

04 Aug 2018 9:22 PM

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Farrukh Dhondy