GST collection grows at slower pace of 4.6% in October

Festive buying spree unleashed by lower tax rates pushed gross GST collection to about Rs 1.96 lakh crore in October, registering a 4.6 per cent year-on-year growth -- the slowest rate so far this......

Gross GST mop-up rises 7.5%; refunds jump 67% in Jul

Gross GST collection increased 7.5 per cent to about Rs 1.96 lakh crore in July on higher domestic revenues and taxes from imports. Illustration: Dominic Xavier/Rediff Gross Goods and Services Tax......

GST collections jump to Rs 2.01 lakh cr in May

Gross GST collections remained above the Rs 2 trillion mark for the second month in a row, rising 16.4 per cent in May to over Rs 2.01 lakh crore. Illustration: Dominic Xavier/Rediff Goods and......

Savings on stamp duty draw HFTs to GIFT City

Although most high-frequency traders (HFTs) prefer to set up shop close to stock exchanges to enjoy better latency, a few are  willing to sacrifice proximity to save a few bucks. Photograph:......