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The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Gold jewellery biz may lose shine this Dhanteras due to GST

In a relief to the industry, the government has removed jewellery dealers from purview of PMLA.

13 Oct 2017 6:18 PM IST

Finance Minister Arun Jaitley

A 'different India' ready to benefit from economic recovery: Jaitley

Finance Minister Arun Jaitley said by all indications there is a 'more positive mood around the world'.

13 Oct 2017 1:06 PM IST

Finance Minister Arun Jaitley

Maximum tax evasion in real estate, Council mulls bringing it under...

A 12 per cent GST is levied on construction of a complex, building, civil structure or intended for sale, wholly or...

12 Oct 2017 9:29 AM IST

Finance Minister Arun Jaitley

Reforms like GST, note ban put economy on 'stronger track': FM

Referring to the series of economic reforms undertaken since 1991, Jaitley said the Indian model now seems to be...

11 Oct 2017 9:56 AM IST

The World Bank, in its report said that Indias economic growth has been affected by disruptions from the withdrawal of banknotes and uncertainties around GST. Photo: AP

'Cash disruption' and GST uncertainties affected India's growth: World...

A slowdown in India's growth rate, the bank said, has also affected the growth rate of South Asia.

11 Oct 2017 9:38 AM IST

Finance Minister Arun Jaitley at a 2014 World Economic Forum, WEF, event. (Photo: File/PTI)

India's transition to GST smooth despite attempts to 'derail' it:...

The GST Council, according to Jaitley, is India's first genuine federal institution, which reviews the monthly...

10 Oct 2017 12:52 PM IST

Healthcare services such as dialysis, pacemaker implantation, support devices in orthopaedics and cancer treatment could be costlier under GST.

Centre will keep revising tax slabs in GST: MoS Finance

On Friday, the GST Council raised the composition scheme threshold for businesses to Rs. 1 crore.

9 Oct 2017 5:00 PM IST

Tech giants Apple and Amazon, too, have moved to limit their customers access to VPNs in China in what has been seen as a voluntary move to get ahead of the impending crackdown. (Photo: AFP)

Not possible to extend concessions to Apple under GST regime: Govt

Apple has no wholly-owned store in India and sells its products through distributors such as Redington and Ingram Micro.

9 Oct 2017 3:36 PM IST

Truck operators have gone on a two-day nationwide strike against the Goods and Services tax (GST), the hike in diesel prices and corruption on roads. (File Photo)

Truckers call for 2-day strike; protest against GST, diesel price hike

The strike comes bang in the middle of the festive season when transporter bodies usually make a good profit.

9 Oct 2017 10:25 AM IST

Union Finance Minister Arun Jaitley addressing media after the 22nd meeting of the Goods and Services Tax (GST) Council, in New Delhi. (Photo: PTI)

GST, note ban increasing tax compliance, squeezing cash-in-hand:...

Jaitley also said that the 'Swachh Bharat' campaign has brought to fore the importance of cleanliness.

9 Oct 2017 9:48 AM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

'GST Council to continue rationalising rates, 28 per cent slab to be...

The Goods and Services Tax (GST) has a four-tier structure of 5, 12, 18 and 28 per cent.

7 Oct 2017 7:33 PM IST

Railway Minister Suresh Prabhu.

Industrial units in hill states to get budgetary support: Prabhu

The scheme offered as a measure of goodwill to units eligible for drawing benefits under earlier excise duty exemption.

7 Oct 2017 7:02 PM IST