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The markets usually buzzing with people on a shopping spree for Diwali festivities saw less footfall this year owing to the rise in prices of essentials. Debasish Dey

GST shuts lights off traders' Diwali

Shopkeepers, wholesalers say profit margin has come down compared to previous years.

9 Oct 2017 2:41 AM IST

According to the government, the retail price of tomato was Rs 68 per kg on July 3, but it rose to Rs 92 on July 31. (Photo: PTI)

Tomato prices harden, hit Rs 80 per kg in Delhi

Tomato prices in Bengaluru, one of major producers, are ruling at Rs 45-50 per kg in retail markets.

24 Nov 2017 2:53 PM IST

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

Rs 65,000 crore GST credit: CBEC scans high-value claims

GST, which kicked in from July 1, allows tax credit on stock purchased during previous tax regime.

16 Sept 2017 11:34 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.

Dual jurisdiction under GST opens door for traders' harassment: CAIT

Taxpayers were assigned to Central and state officials on the basis of annual turnover.

19 Oct 2018 3:20 PM IST

Nationwide electronic or e-way bill system for inter-state movement of goods has been rolled out today, with GSTN officials saying that the platform is working smoothly.

Govt to penalise traders misusing e-way bill to evade taxes

As per the top official, around 15 lakh e-way bills are being generated on a daily basis.

3 Oct 2018 10:32 AM IST

After remaining locked down for around two months, on October 10 the government had opened Kashmir for tourists. But the uncertainties still continue, finds the trade.

Kashmir shutdown caused losses of more than USD 1 billion: Trade body

Economic losses ran into least 100 billion rupees (USD 1.40 billion) by September.

19 Nov 2019 3:59 PM IST

Uttar Pradesh Chief Minister Yogi Adityanath while addressing a public gathering. (Photo: ANI)

Tax dept should conduct awareness drives to help traders in filing...

Expressing dissatisfaction over registration of only 14 lakh traders in the state, he said the number should at least...

13 Nov 2019 11:19 AM IST

PDS sugar rate for select groups is also hiked from Rs 15 per kg to Rs 20.

Iran buys Indian raw sugar for the first time in five-years: sources

Iran is buying the sugar from India to use up the rupees it has received for oil sales to India.

26 Feb 2019 1:01 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.

Traders' body slams Rahul Gandhi's statement on abolishing GST

The attempt of Gandhi for seeking political mileage making traders a scapegoat is deeply regretted, CAIT said.

25 March 2019 1:01 PM IST

Modi promises collateral-free loan, insurance, pension as he woos...

PM Modi promised collateral-free loan of up to Rs 50 lakh, Rs 10-lakh accidental insurance to GST-registered entitie.

20 April 2019 8:58 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Service providers can opt for GST composition scheme by April 30: CBIC

GST composition scheme threshold was increased to Rs 1.5 crore from April 1.

8 April 2019 12:08 PM IST

Railway Minister Piyush Goyal addressing a press conference in Bengaluru on Friday. (Photo: ANI)

India will not allow multi-brand retail by foreign firms, predatory...

Piyush Goyal asked the traders to use government e-marketplace and MUDRA scheme to promote their business.

19 Jun 2019 7:41 PM IST