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Signs that Modi government wants to bring petrol and diesel under GST – and the reasons why it is difficult

When it was rolled out in 2017, the GST regime brought a wide range of products and almost all s…

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2 mins read

13 states decide on GST compensation — only Manipur opts for borrowing entire shortfall in one go

Out of the 13, 12 states have opted for the first option, under which the Union government has o…

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Government allows 20 states to meet GST compensation shortfall through open market borrowing

Even with consensus eluding the GST Council meeting on Monday over adoption of borrowing option to …

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3 mins read

States not choosing GST compensation options by October will have wait another two years

The sources said that such states will have to wait till June 2022 to get compensation dues, sub…

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GST Council meet on Thursday to figure out how states will be compensated for delays in payment

"The Council will meet tomorrow with a single-point agenda to discuss the compensation cess. A…

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1 min read

Assam passes GST bill, becomes the first Indian state to do so

Assam state assembly today unanimously passed the bill, within days of it being passed in both uppe…

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1 min read

Assam asked to be ready in January for corona vaccination, says Health Minister

"The central government has informed us that frontline workers and people above 60 will be given…

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2 mins read

COVID-19 impact: Assam changes school calendar to Apr-Mar from Jan-Dec

"Earlier our school's academic year was from January to December. The government has taken suggesti…

PTI   


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GST could soon be in for the biggest revamp since its launch this year

According to experts, among the key points that may be addressed in a revamp are rules that de…

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GST collection in June at Rs 90,917 cr, Q1 mop up dips 59 pc due to COVID-19 lockdown

"The revenues during the financial year has been impacted due to COVID-19, firstly due to the econ…

PTI   


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1 min read

GST is so complex that state governments are lining up for GSTN services

These 21 states now rely on GSTN for back-end tasks such as tax settlement, assessment, refunds, et…

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3 mins read

Here’s what the fiscal health of Indian states looks like post-demonetisation and GST

India’s states are increasing the amount they spend on asset creation, in lieu of futu…

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1 min read

Baba Ramdev is gathering ammunition to drive out his rivals as Patanjali leases 1.2 million sq ft for warehousing

“In the last three months, the Baba Ramdev-backed FMCG firm has leased 1.2 million sq ft of modern …

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NDA's defeat may delay GST rollout, decelerate pace of reforms

Notably, officials in the finance ministry were awaiting the verdict of the Bihar assembly polls to…

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3 mins read

Rajya Sabha to hold general discussion on Union Budget, Jammu and Kashmir Budget today

The discussion over these two budgets is expected to start in the second half of the day.

ANI   


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Bikaji in no rush to take a big bite of restaurant biz, focus stays on snacks for now

While its closest competitor Haldiram’s is expanding its quick service restaurant (QSR) chain, rece…

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Abnormal surge in natural gas prices is hurting tea sector, says North Eastern Tea Association

An abnormal surge in prices of natural gas has become detrimental for the tea industry and the indu…

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3 mins read

OIL is actively recruiting 146 people in different domains in India with a pay scale up to ₹37,000 per month

The opportunity is also available for eligible diploma apprentice candidates who have successful…

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4 mins read

The price of petrol and diesel in some of the big cities in India

However, the price varies from one state to another as fuel doesn’t come under the goods and ser…

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1 min read

Bureaucratic reshuffle: Debasish Panda appointed finance secretary

The Appointments Committee of the Cabinet (ACC) has approved his appointment as secretary, departm…

PTI