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GST Council set to tackle compliance, inverted duty structure; mobile phone rate cut also on radar

New Delhi, Aug. 30 -- An overhaul of compliance procedures and a targeted rate cut on mobile phones take centre stage as the GST Council prepares to meet on September 12 after a 374-day hiatus. While... और पढ़ें


GST Council to meet on September 12, agenda likely to focus mainly on ease of compliance

New Delhi, Aug. 29 -- More than a year after, GST Council will meet on September 12. This will be 57th meeting of the Council. An office memorandum by GST Council, signed by Revenue Secretary and Ex ... और पढ़ें


Finance Ministry kicks off budget exercise for FY28

New Delhi, Aug. 29 -- Finance Ministry has initiated budget exercise for fiscal year 2027-28 (FY28) by scheduling pre-budget meetings with various Central Ministries and Departments from October 12. T... और पढ़ें


Govt mops up more than 3/4th of BE under Miscellaneous Capital Receipts

New Delhi, Aug. 28 -- With successful completion of LIC and other OFS, government managed to collect over 3/4t of the budget estimates under Miscellaneous Capital Receipts (MCR) in first five months o... और पढ़ें


Industrial growth slowed to 6.7% in July

New Delhi, Aug. 28 -- Growth of factory output, based on Index of Industrial Productions (IIP) slowed down to 6.7 per cent in July as against 7.3 per cent of June. Here are key headlights - The grow... और पढ़ें


Home Ministry's nod required for appointing Chinese nationals on board of foreign co's Indian arm: MCA

New Delhi, Aug. 27 -- A foreign company appointing directors from China and other land-border sharing country in its subsidiary company in India will need to seek clearance for Home Ministry, the Mini... और पढ़ें


S&P retains India's sovereign rating at 'BBB'

New Delhi, Aug. 27 -- S&P Global on Thursday retained India's sovereign rating at 'BBB' with stable outlook. It expects expect India's strong growth dynamics to continue in the medium term. "Indi... और पढ़ें


Public sector bank more efficient than Private Sector Banks, says EAC-PM paper

New Delhi, Aug. 25 -- Contrary to popular perception, a working paper by the Economic Advisory Council to the Prime Minister (EAC-PM) has said that efficiency of public sector banks (PSBs) is much bet... और पढ़ें


GST's Sec. 74 notice must contain clear, fraud/suppression grounds: Supreme Court

New Delhi, Aug. 25 -- The Supreme Court has ruled that a show cause notice (SCN) under section 74 of the CGST Act to an assessee must contain clear grounds for fraud or suppression, rather than simply... और पढ़ें


Delay in depositing TDS: Company under liquidation ordered to pay fine, MD to pay fine, undergo jail term

New Delhi, Aug. 24 -- In what could be seen as a landmark judgment, a court in Delhi has held a company under liquidation and its top executive guilty of delayed deposit of tax deducted at source (TDS... और पढ़ें