- 22 Mar 1703:43 PMA new nationwide goods and services tax (GST) will be rolled out from July 1 to create one of the world's biggest single markets, make commodities cheaper and make tax evasion difficult, Finance Minister Arun Jaitley said today.11:58 AMThe Maharashtra government has made Aadhaar mandatory to farmers for availing crop insurance schemes from the next Kharif season.09:20 AM.The Rs 3-lakh limit proposed for cash payments in the Budget for 2017-18 would be brought down to Rs 2 lakh as part of an unprecedented 40 amendments to the Finance Bill.08:36 AMCracking down on shell company operations, the Enforcement Directorate (ED) has arrested two Delhi-based businessmen in connection with its probe in a Rs 8,000-crore money laundering and black money racket.
- 21 Mar 1701:42 PMIndia has the maximum number of people -- 63 million -- living in rural areas without access to clean water, according to a new global report released to mark World Water Day on Wednesday.01:15 PMState Bank of India (SBI), which will see five associate banks merge into it on April 1, has decided to shut down almost half the offices of these banks, including the head offices of three of them.08:32 AMClearing the way for a July 1 roll-out, the Union Cabinet on Monday approved four Bills on a national goods and services tax (GST).02:08 AMPrime Minister Theresa May will file divorce papers to leave the European Union (EU) on March 29, launching two years of complex negotiations that will pit the UK’s desire for a trade deal against the bloc’s view that Britain must not benefit
- 20 Mar 1704:57 PMAs many as five sectors including defence, ports and coal have failed to attract any foreign direct investments during the April-December period of the current financial year, Parliament was informed on Monday.12:35 PMThe finance ministry is unlikely to sign on to the proposal for a ‘bad (debt) bank’, going by its response to some of the line ministries on similar proposals.12:01 PMAfter the Bharatiya Janata Party’s (BJP) decisive victory in the Uttar Pradesh (UP) state elections, alarm bells have started tolling in the capital market.09:18 AMPhoto: ShutterstockIf you are passionate about television (TV) serials and movies, you needn’t worry about missing them while you are travelling.07:05 AMHours after Gorakhpur Member of Parliament (MP) Yogi Adityanath was sworn in as the 21st chief minister of Uttar Pradesh today, Associated Chambers of Commerce and Industry (Assocham) urged him to facilitate easy credit for the beleaguered Micro, Small07:01 AMThe Cabinet may on Monday take up for approval the supporting GST legislations, which will then be introduced in Parliament as the government sprints to meet the July 1 target date for rollout of the new indirect tax regime.05:51 AMFinance chiefs of the Group of 20 nations renewed their pledge to finalise an overhaul of global bank-capital rules, but stopped short of making progress on certain proposals that have led to a standoff between Europe and the US.
- 17 Mar 1703:22 PMFinance Minister Arun Jaitley on Friday said there is no proposal to withdraw the Rs 2,000 notes that were introduced post demonetisation.11:37 AMGSTIf you thought cost of living was going higher, brace yourself for even higher costs, especially if you like to consume what are referred to as luxury goods,Moving a step closer to implementing the goods and services tax, India’s most ambitious08:33 AMThe Goods and Services Tax (GST) Council on Thursday cleared a proposal to cap the cess on luxury cars and aerated drinks at 15 per cent over the peak rate of 28 per cent. The ceiling for the cess on “sin&" goods would be much higher.08:31 AMSeveral food and drink multinationals and trade groups met in recent weeks to discuss how to lobby more effectively against Indian proposals for higher taxes and stricter labelling rules on fatty or sugary foods, sources familiar with the talks said.03:07 AMA strengthening rupee might not hit exports, which grew 17 per cent in February, in the near term, traders and economists believe.