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People stand in a queue outside an ATM in CP.

Business

Your Rs 100 ATM withdrawal to cost Rs 3 more

Earlier, services tax for financial services was 15 per cent which means a rise of 3 per cent.

6 July 2017 2:59 PM IST

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

Business

GST awareness quotient low for more than half the population: survey

People in Tamil Nadu have the lowest awareness level about Goods and Services Tax, the survey by Way2Online found.

6 July 2017 2:23 PM IST

Jammu and Kashmir Chief Minister Mehbooba Mufti (Photo: PTI)

India

J&K CM Mufti apologized over minister's 'I will lynch you here' remark

The Chief Minister said that Ansari's remark, for a moment, had taken her aback.

5 July 2017 9:32 PM IST

India, which is worlds second-biggest wheat producer, is looking to hinder wheat imports at a time when farmers are harvesting their crops.

Business

No GST on lose, unbranded wheat, rice, paneer, clarifies govt

Goods like paneer, natural honey, wheat, rice, cereals, pulses in lose form were exempted from GST.

5 July 2017 3:03 PM IST

Business

Revenue Secy Adhia clears doubts in 'master class' on GST

Adhia announced a GST decentralised monitoring system was set up and said a 'GST Master Class' will be conducted.

4 July 2017 6:17 PM IST

The transport industry involved in LPG products has been badly affected by demonetisation.

Business

GST raises subsidised LPG rate by up to Rs 32

Subsidised LPG rates have been increased to Rs 477.46 per 14.2-kg cylinder from Rs 446.65 in Delhi.

4 July 2017 3:44 PM IST

LG is a major player in consumer durables segment.

Business

GST: LG first durables firm to hike LED TV prices

Report says dealer prices have increased in range of 1.3 to 7 per cent in western region in Delhi.

4 July 2017 12:38 PM IST

ITC may be able to pass GST benefit to customers by lowering prices (Representational Image).

Business

ITC may cut prices post GST, abolishing of additional excise duty

With GST rollout, only the national calamity duty, GST and cess will be levied on cigarettes.

4 July 2017 12:21 PM IST

Apple said that it does not intend to source components locally and hence has asked for cuts in the duty taxes on various components, completely knocked down (CKD) and semi knocked down (SKD) units of iPhones that will be assembled in India. The assembly unit is planned to setup in mid 2017.

Technology

Apple may have to wait for GST rollout, says Sitharaman

The government has not accepted most of the demands of the iPhone maker

24 March 2017 6:57 PM IST

Business

Jaitley underlines urgency to pass GST bills

FM says bringing petroleum and land under its ambit will be considered after first year of implementation.

23 March 2017 6:10 PM IST

Business

Jaitley hopes GST roll out will make goods cheaper

Finance Minister says reform measures undertaken by govt will help India clock 7-8 per cent growth.

22 March 2017 2:58 PM IST

$Regarding the new GST timeline of July 1, the report said \this is in line with our base case that the GST would be implemented between April and September 2017\.$ Business

Model GST Bill to go for 20 per cent peak tax

Change in peak rate will not alter 4-slab rate structure of 5, 12, 18 and 28 per cent agreed upon last year.

2 March 2017 3:15 PM IST