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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.

Bring realty under GST with stamp duty, moderate rate: Assocham

Assocham official also expressed his views on whether petroleum, electricity and alcohol should be brought under the...

14 Nov 2017 3:59 PM IST

After July 1s enforcement of GST, restaurants are seeing loss at an alarming rate.

AHAR assures no hike in hotel food prices

Mumbai restaurants which are members of AHAR came under a composite scheme.

14 Nov 2017 1:17 AM IST

File picture of medicines.

FMRAI members protest at Azad Maidan, demand scrapping of GST on...

Contending that GST has driven up the cost of medicines, the association demanded there should be no GST on medicines.

14 Nov 2017 1:14 AM IST

After July 1s enforcement of GST, restaurants are seeing loss at an alarming rate.

Hotels report 30 per cent losses per day due to GST

The AHAR has around 12,000 restaurants as its member in Mumbai and has started a poster campaign thanking the...

14 Nov 2017 1:11 AM IST

The increased optimism is reflected in the CII Business Confidence (BCI), which has gone up to an all-time high of 64.1 during the fourth quarter of 2016-17 as against 56.5 recorded in the previous quarter. (Representational image)

Lingering effects led to optimism dip

It was observed that four out of the six optimism indices declined as compared to same quarter last year.

14 Nov 2017 2:25 AM IST

Prakash Javadekar (Photo: PTI)

Gujarat has rejected Rahul, Congress hypocrisy', says Prakash...

Javadekar said the Congress vice- president intends to increase the tax burden on the common people.

13 Nov 2017 1:44 AM IST

RJD Chief Lalu Prasad Yadav (Photo: PTI)

Lalu Prasad Yadav wants GST, note ban rollback

The government implemented demonetisation without giving much thought to it and the entire country faced its...

13 Nov 2017 12:42 AM IST

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)

Congress claims credit for forcing GST rate cut

Congress leaders, particularly Rahul Gandhi, have made the GST and demonetisation as key issues of their campaign.

12 Nov 2017 1:59 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.

Apex body of hotels, restaurants welcomes GST rate change

Govt decided to fix GST rate at 5 per cent for all restaurants and not give them input tax credit.

11 Nov 2017 11:31 AM IST

Congress vice-president Rahul Gandhi (Photo: PTI/File)

Rahul Gandhi demands GST correction

Panic-stricken government has no option but to concede demands for change.

11 Nov 2017 2:08 AM IST

Finance Minister Arun Jaitley addresses the media after 23rd GST Council Meet in Guwahati, Assam. (Photo: PIB)

GST Council slashes rates of over 200 items; changes from Nov 15

Chocolates, shampoo, eating out to cost less; For now, no GST on real estate.

10 Nov 2017 7:29 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 end higher on GST relief, but post weekly loss

The 30-share Sensex, after a hesitant start at 33,235.75, rebounded to the day's high of 33,380.42.

10 Nov 2017 4:04 PM IST