Total annual revenue loss could be as much as 500 bn rupees if the panel decided to lower tax rates for auto sector to 18 pc from 28 pc.
18 Sep 2019 8:58 AM
Imports of polyester yarn increased 193 per cent from 29,08,000 kg in July 2018 to 85,35,000 kg in July 2019.
16 Sep 2019 2:40 AM
An interest burden growing faster than GDP growth by 2.5 percentage points is not a comforting signal for fiscal stability.
14 Sep 2019 7:04 AM
Sitharaman said creating a robust infrastructure is imperative for a fast-growing economy like India.
11 Sep 2019 9:41 AM
Listing major achievements in first 100 days, FM said creating robust infrastructure is imperative for fast-growing economy like India.
10 Sep 2019 5:31 PM
Automobile and component manufacturers have been seeking GST cut on automobiles to 18 per cent from 28 per cent
06 Sep 2019 3:09 PM
The auto components industry currently employs 50 lakh people and contributes 2.3 per cent to India's GDP.
06 Sep 2019 12:52 PM
Earlier this week, former PM Manmohan Singh had said the state of economy was 'deeply worrying'.
03 Sep 2019 6:15 PM
A rupee saved is a rupee earned — and you will need every one of those rupees when you are trying to buy a property.
02 Sep 2019 1:22 AM
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
Former PM Manmohan Singh said the last quarter GDP growth rate of 5 per cent signals that 'we are in midst of a prolonged slowdown'.
01 Sep 2019 11:07 AM
Sitharaman and her junior minister Anurag Thakur held discussions with tax authorities and industry representatives.
29 Aug 2019 8:52 PM
To a question about GST reduction, FM said she was willing to hear everybody, "but it is not in my hands as it has to go to the GST council.
28 Aug 2019 9:27 AM
'Any suggestions about credibility of RBI, for me seems a bit outlandish,' she said, talking about Rahul Gandhi's accusations.
27 Aug 2019 6:24 PM
IAC also sought a reduction in GST on auto LPG kits to 5 per cent from 28 per cent.
27 Aug 2019 3:17 PM
GSTR-9C is filed by those whose annual turnover exceeds Rs 2 crore.
27 Aug 2019 10:39 AM
Since June, this is the third round of sacking of corrupt tax officials.
26 Aug 2019 5:12 PM
According to him, the crisis started with the introduction of GST and became acute with the current slowdown.
22 Aug 2019 3:26 AM
Last week, around 1,000 restaurants from across the country had decided to pull out of membership and restaurant reservation apps.
20 Aug 2019 7:20 AM
Currently, airlines have to pay charges such as 'throughput charges', 'into plane charges' and 'fuel infrastructure charges.'
18 Aug 2019 11:56 AM