The Congress on Sunday accused Prime Minister Narendra Modi of taking "sole ownership" of the amendments made to the GST regime and said the current reforms were inadequate, with no resolution to......
Nearly 99 per cent of the items previously taxed at 12 per cent now fall under the 5 per cent tax bracket, Modi said. IMAGE: Prime Minister Narendra Modi addresses to the nation on Sunday,......
The CAG has found that the Union government in the very first two years of the GST implementation wrongly retained Rs 47,272 crore of GST compensation cess that was meant to be used specifically to......
Finance Minister Nirmala Sitharaman on Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan masala, which will......
Banks are receiving requests for cancellation of approved car loans, in view of the implementation of GST rate cut, which will lower the price of passenger vehicles and also lead to subsequent......
Under the law, states were guaranteed to be paid for any loss of revenue in the first five years of the GST implementation from July 1, 2017. Illustration: Uttam Ghosh/Rediff.com The Centre has......
The Centre has projected reining in its fiscal deficit at 3.3 per cent of GDP in FY19. Illustration: Uttam Ghosh/Rediff.com The Centre will get roughly Rs 20,000 crore (Rs 200 billion) from a......