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Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Don't resort to knee-jerk reax: Assocham to govt on GST slip

GST collections slipped for second straight month to Rs 80,808 cr in Nov, down from over Rs 83,000 cr.

8 Jan 2018 10:03 AM GMT

Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

Income Tax Department set to collect over Rs 60,000 crore

State-owned NMDC Limited and Andhra Bank have been the top corporate tax payers in the region.

23 July 2018 10:34 AM GMT

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

GST worked well, generated sufficient revenue, says Piyush Goyal

This year there won't be a dearth of revenue if people continue to be a part of this system, said Goyal.

16 July 2018 5:59 AM GMT

Union finance ministry Arun Jaitley

18 pc increase in direct tax collections after GST, says Jaitley

This year the first quarter shows advanced payments, the gross figure has increased by 44 per cent.

2 July 2018 5:55 AM GMT

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

For every rupee in govt kitty, 70 paise comes from direct, indirect...

The collection from GST has been pegged at 21 paise as a percentage of every rupee earned.

1 Feb 2019 10:21 AM GMT

Other automakers are likely to follow suit, which would lead to loss of at least contractual jobs.

GST panel unlikely to favour tax rate cut for auto sector: sources

Total annual revenue loss could be as much as 500 bn rupees if the panel decided to lower tax rates for auto sector to...

18 Sep 2019 3:28 AM GMT

Following the meeting, Ram Madhav said that he received an assurance from the Finance Commissions chairman that the states with progressive population would not be penalised. (Photo: PTI/File)

No injustice to south: Ram Madhav meets 15th finance panel chief

Southern states have objected to the parameters chosen by the panel for the devolution of finances.

28 March 2018 3:56 PM GMT

Bihar deputy chief minister Sushil Kumar Modi is heading group of ministers on GSTN glitch. (Photo: File/PTI)

Bihar govt to demand increased allocation of funds from Centre

It will also demand that henceforth the entire expenditure for disaster management in Bihar be borne by the Centre.

21 Jun 2018 7:34 AM GMT

According to HSBC, the public spending component of GVA and the government consumption component of GDP grew at a rapid pace, accounting for roughly one-fifth of overall growth.

Govt says April-May fiscal deficit at 55.3 per cent of full-year...

India expects to trim the deficit to 3.3 per cent of GDP in this fiscal year.

30 Jun 2018 5:56 AM GMT

Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

GST revenue increases to Rs 96,483 crore in July

The revenue collection figures do not reflect the impact of the recent tax rate cuts on 88 items.

1 Aug 2018 10:26 AM GMT

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.

Centre, states apportion Rs 12,000 cr Integrated GST in August

This is the third time that the IGST funds have been divided between the Centre and states.

30 Aug 2018 12:22 PM GMT

The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.

India will benefit from growing tax revenue in FY2018: DBS

As of April-July, direct taxes were up 19 per cent Year on-Year and indirect up 16 per cent (April-June).

18 Aug 2017 7:43 AM GMT