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Congress leader P Chidambaram on Friday criticised the Election Commission saying that by not announcing the Gujarat poll schedule, it has authorised Prime Minister Narendra Modi to declare the dates at his last rally, after all freebies for the state were doled out. (Photo: PTI)

Chidambaram slams govt on rising petrol prices

The senior Congress leader said that the govt has become clueless and floundering and is living off an oil bonanza.

20 April 2018 3:20 PM IST

Under GST (Compensation to States) Act, if a states GST revenue does not grow by at least 14 per cent over the base year of 2015-16, the Centre has to pay it the difference every two months.

Kerala seeks better data access to get out of GST compensation

"These states are heavy borrowers and the government entities also come to markets for borrowing," said Aditi Nayar,...

20 Dec 2019 1:42 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Cabinet clears setting up of centralised GST appellate authority

The setting up of a centralised AAAR would require amendments to the GST Acts.

23 Jan 2019 1:36 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Revenue dept to make businesses file GST returns within deadline

The due date for filing GST summary returns for a month is 20th day of the subsequent month.

20 May 2018 12:16 PM IST

Confederation of All India Trader (CAIT) (Twitter@CAITIndia)

Commercial markets across India to remain shut on Feb 26: Traders'...

It also called for a review of the GST system and its tax slabs to simplify and rationalise it for easier compliance by...

18 Feb 2021 8:03 PM IST

According to Nikkei PMI, a softer rise in factory new orders resulted in weaker growth of production, with rates of expansion at four-month lows in both cases.

India Inc's output dips to four-month low in June

The widely tracked Nikkei Manufacturing Purchasing Managers Index (PMI) dropped to 50.9 in June from 51.6 in May.

4 July 2017 1:20 AM IST

Finance minister Arun Jaitley

Deferment of GST constitutionally impossible: Jaitley

Jaitley said the date of GST implementation, rules and tax rates had been decided through a consensus by the GST...

28 Jun 2017 9:15 PM 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.

Panel suggests tweaks to GST

It has recommended that classification of items should be such that the raw material and finished product are in the...

7 Dec 2017 1:24 AM IST

Union finance minister Arun Jaitley with MoS Santosh Gangwar and CEA Arvind Subramanian at the GST Council meeting in New Delhi on Sunday. (Photo: PTI)

Govt notifies 18 sections, 2 rules for GST rollout

As a precursor to GST, CBEC has also notified two rules -- registration and composition levy.

21 Jun 2017 10:15 AM IST

Representational Image

Jharkand traders given respite under GST bill

Traders having sales up to Rs 20 lakh per annum do not need to register under the new GST Act.

27 April 2017 5:47 PM IST