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Union budget 2024-25 : When will it be presented, what to expect and more

Finance minister Nirmala Sitharaman is expected to present the first full-fledged union budget unde…

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5 mins read

Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended

The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…

ANI   


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3 mins read

Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch

As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…

PTI   


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3 mins read

EC receives applications for EVM verification on 8 LS seats in 6 states

Candidates who come second or third and seek verification of the EVMs will have to pay Rs 47,200 pe…

PTI   


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4 mins read

As PM Modi awaits his third big win, here’s how BJP created history during the 2014 & 2019 Lok Sabha elections

The BJP has come a long way since 1984 when the party won just two seats. Its pro-Hindutva stance p…

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3 mins read

Adani Group stocks zoom ahead as Sensex, Nifty scale new-highs

India’s benchmark indices, the Nifty and the Sensex, zoomed by over 1% in early trade on Monday hit…

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2 mins read

Food items when sold loose won't attract any GST, says Nirmala Sitharaman

Following uproar in the Parliament over GST on food items, Union Finance Minister Nirmala Sitharama…

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4 mins read

GST Council may consider bringing petrol, diesel under GST on September 17

In June, the Kerala High Court, based on a writ petition, had asked the GST Council to decide…

PTI   


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Pre-packed meats, curds, paneer and puffed rice will now attract GST

Pre-packed and labelled food items like meat, fish, curd, paneer and honey will now attract GST, a …

PTI   


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GST council and states fail to reach consensus on compensation cess — 'No dispute, we may have differences,' says Sitharaman

“There is no dispute, we may have differences,” said Sitharaman. According to her, most of the s…

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Government needs to work on re-establishing trust with states, says former finance minister P Chidambaram

"I welcomed the change of heart," he tweeted and asked the Centre to clarify how the debt of states…

PTI   


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1 min read

This is how the government is making sure that GST roll out doesn’t bring crisis like demonetization

Not just the businesses, the government would need the support of the states as well to ensur…

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2 mins read

GST Council meet yet again — to discuss compensation issue for the third time today

The single agenda 43rd meeting of the Council will discuss on the way forward, sources said. …

PTI   


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4 mins read

GST compensation: States say Centre staring at sovereign default; GST Council sees 1st ever voting

New Delhi, Dec 18 () In a development with far-reaching implications, non-BJP ruled states on Wedne…

PTI   


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A five-hour debate in Rajya Sabha could pave the road for GST clearance

It was only after BJP expressed its hope for an agreement after lessening the differences it has wi…

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3 mins read

The Indian government is risking a tighter noose on 'tax evaders' as GST collections remain short of target

The Indian government is planning to prohibit companies from generating e-way bills for the tra…

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3 mins read

Payment to states delayed due to low realisation of GST compensation cess: FM

"There cannot be any tweaking here. Formula is given by the finance commission and the formula is …

PTI   


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2 mins read

Panel of officers on GST for raising rate, curtailing exemption list to increase revenue

New Delhi, Dec 24 () With expected GST compensation cess shortfall of over Rs 60,000 crore in the c…

PTI   


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Under fire, govt releases Rs 35,298 cr GST compensation to states

According to Sitharaman, during the current fiscal year that began in April 2019, cess collections…

PTI