Left-ruled Kerala on Friday sought a decision on the formula for compensating states for any loss of revenue post the implementation of goods and services tax (GST) before a rate is decided even as most others hailed the decisions taken at the first
Moving on fast track to roll out the new indirect tax regime from April 1, GST Council on Friday fixed annual turnover limit for exemption at Rs 20 lakh and resolved that all cesses will be subsumed in the GST.
The Union Water Resources Ministry has released Rs 315 crore for construction of toilets along Ganga river.
European Central Bank interest rates are probably close to the bottom, even though the bank had hoped the euro zone economy would respond better to its stimulus measures, two top policymakers said on Friday.
The Commerce Ministry has asked its finance counterpart to close all the inter-state check points after implementation of Goods and Services Tax (GST).
A Rafale fighter jetIndia and France on Friday signed the Euro 7.87-billion deal for Rafale fighter jets, equipped with latest missiles and weapon system besides multiple India-specific modifications that will give the IAF cutting edge capability over
Indian services sector and other Asian economies shipping out high-value added manufacturing products to the US would be impacted due to any retrenchment from trade and investment ties and curbs on immigration, said credit rating agency Moody's Investors
The next policy rate to keep the Consumer Price Index (CPI)-based inflation within two to six per cent would be fixed by the Monetary Policy Committee (MPC), headed by the Reserve Bank of India (RBI) governor.
A consensus on turnover threshold over which the proposed goods and services tax (GST) would apply eluded the first meeting of the recently constituted GST Council on Thursday.
At a time when the government is planning the most comprehensive overhaul of the Budget in recent times, Economic Affairs Secretary Shaktikanta Das is playing a pivotal role.
Twelve states have fulfilled 75 per cent of the requirements to improve ease of doing business.
With over 200,000 applications for the Sovereign Gold Bond (SGB), the Reserve Bank of India (RBI) on Thursday shifted the issue date by a week to September 30 for “smooth&" uploading of the subscriptions in its E-Kuber system.