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Union minister Bandaru Dattatreya

GST: Dattatreya to raise issues of textile, beedi sectors with Jaitley

Imposition of the GST on textiles and sought his intervention to urge the Centre to exempt the textiles industry from...

2 July 2017 5:23 PM IST

The profitability of the airlines has been further impacted by the increasing cost of fuel prices and this has been reflected in the decline in profitability of the listed airlines in Q3 FY17.

GST benefits: Companies need to provide info to airlines

GST rate on first class and higher class tickets is 12 per cent while the rate is 5 per cent on economy class tickets.

2 July 2017 5:13 PM IST

GST council has put daily usage goods as bathing soap, hair oil, detergent powder, soap, tissue papers and napkins under 18 per cent tax slab.

HUL cuts prices of select products post GST

The company has slashed the price of its detergent soap Rin bar of 250 gm to Rs 15 from Rs 18.

2 July 2017 4:49 PM IST

GST to boost GDP; positive for rating: Moody's

GST will remove plethora of taxes like excise, service tax and VAT and transform India into a uniform market.

2 July 2017 3:50 PM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

GST to widen tax net, make India Inc more competitive: CII

GST is based on self-compliance with the input tax credit as a powerful incentive to businesses to step into the tax...

2 July 2017 12:49 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

7th Pay Commission allowances to bump up inflation temporarily

Reserve Bank is expected to cut repo rate by 25 bps in its August meeting.

2 July 2017 12:19 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

GST: Hospitality, travel cos expect issues in initial months

Government to keep 28 per cent tax only on rooms with tariff of Rs 10,000 per night and above.

2 July 2017 12:14 PM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Markets to watch closely how GST pans out

GST is likely to result in a near-term disruption as this is a massive reform which is getting implemented in our...

2 July 2017 12:04 PM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

GST narrows ambit of duty credit scrip use by exporters

Exporters body FIEO has approached the government to widen utilisation of the scrips.

2 July 2017 11:33 AM IST

The company sells a range of bikes priced between Rs 40,000 and Rs 1.1 lakh. (Photo: DC archives)

Hero MotoCorp cuts prices to pass on GST benefits

The quantum of reduction ranges from Rs 400 to Rs 1,800 on mass-selling models.

2 July 2017 10:58 AM IST

Prime Minister Narendra Modi addresses the special ceremony in the Central Hall of Parliament for the launch of Goods and Services Tax (GST), in New Delhi. (Photo: AP)

GST rollout: Confusion reigns supreme

The authorities need to look into these issues and hold meetings regularly to take stock of the problems arising during...

2 July 2017 12:41 AM IST

The 19 products include semi-finished products of iron or non-alloyed steel, flat-rolled products of different widths, bars and rods.

GST: Steel sector to witness more organised form of business

New tax regime abolished the special additional duty (SAD) on imported goods which was a very cumbersome procedure.

1 July 2017 6:15 PM IST