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According to industry officials, all those services where customers are now required to pay service tax will see an increase in cost, which may vary from bank to bank depending on the amount of charges.

Govt abolishes large taxpayer units on GST rollout

GST will subsume over a dozen state and central level levies such as excise and sales tax.

30 Jun 2017 7:17 PM IST

The move is expected to prompt banks to lower the deposit rate in line with the small savings rate as offered by the government.

Govt slashes small savings rates by 0.1 per cent

The investment on 5-year Senior Citizens Savings Scheme will yield 8.3 per cent.

30 Jun 2017 5:34 PM IST

Niti Aayog member Bibek Debroy.

Talk that GST would boost GDP growth by 1-1.5 per cent rubbish: Debroy

Debroy said the Indian GST is not an "ideal" one because of the country's federal structure.

30 Jun 2017 5:18 PM IST

The new version will enable Trai to obtain test data from users in all parts of the country, without any action by users.

TRAI bats for lower levies for telcos; favours cut in GST rate

TRAI met all telecom operators, as part of efforts to look at measures that can resolve a raging financial crisis in the...

30 Jun 2017 5:08 PM IST

Former Reserve Bank of India Governor Y V Reddy.

India needs own path to implement global banking norms: Reddy

As per the scheme, PSBs need to raise Rs 1.10 lakh crore from markets, including follow-on public offer.

28 Jun 2017 4:05 PM IST

Representational Image.

Finance Ministry sets up 'war room' for GST queries, feedback

Finance ministry has set up a GST feedback and action room specifically for queries of government officials.

27 Jun 2017 6:34 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Heads of Exim Bank, IFCI, 2 others to be appointed by mid-July

Applications from the eligible candidates were invited on March 20 for IFCI and IIFCL.

27 Jun 2017 5:38 PM IST

West Bengal Finance Minister Amit Mitra in an interview to NDTV on Wednesday said that the timing of the implementation of the GST was not right given the situation that has arrived in the aftermath of demonetisation.

Govt defers TDS, TCS under GST to ensure smooth rollout

GST is expected to widen the tax base, check tax evasion and add about 1-2 per cent to GDP.

26 Jun 2017 3:19 PM IST

Labour Minister Bandaru Dattatreya

Finance Ministry ratifies 8.65 per cent on EPF

Finance Ministry has been nudging the Labour Ministry to lower the EPF rate.

20 April 2017 1:25 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

Finance Ministry okays 8.65 pc interest on EPF

Finance Ministry had last year also decided to lower the EPF interest rate of 8.8 per cent for 2015-16.

16 April 2017 12:20 PM IST

Noted economist Sanjeev Sanyal

Finance Ministry appoints Principal Economic Adviser

Noted economist Sanjeev Sanyal as Principal Economic Adviser in the Ministry of Finance.

3 Feb 2017 9:09 PM IST

Finance Ministry

Debt management report: public debt at Rs 65, 65,652 crore as of...

During Q2 FY18 govt had issued dated securities of Rs. 1,89,000 crore, higher than Rs. 1,68,000 crore in Q1 of FY 17.

5 Dec 2017 1:24 PM IST