Tag archive for ‘Finance Ministry’
By Manish Sen On Monday, February 11th, 2019

Govt to table CAG report on Rafale deal in Parliament Tuesday

New Delhi: The government is scheduled to table the CAG report on Rafale jet fighter deal, which has generated a massive political controversy, in Parliament Tuesday, sources said. CAG of India Rajiv Mehrishi The More...

By Manish Sen On Friday, January 25th, 2019

INX Media case: P Chidambaram evasive, custodial interrogation required, CBI & ED tells HC

New Delhi: CBI and Enforcement Directorate Friday asserted before the Delhi High Court that custodial interrogation of Congress leader and former Union minister P Chidambaram was required in the INX Media case More...

By Manish Sen On Wednesday, January 16th, 2019

GST panel to study uniform tax rate on lottery

New Delhi: A GST ministerial panel will suggest whether a uniform tax rate should be imposed on lotteries or the current differential tax rate system be continued, the Finance Ministry said Wednesday. Currently, More...

By Manish Sen On Thursday, January 10th, 2019

Relief to small businesses: GST exemption limit doubled to Rs 40 lakh

New Delhi: In a bid to give relief to small businesses, the GST Council Thursday doubled the limit for exemption from payment of goods and services tax (GST) to Rs 40 lakh and announced that the higher turnover More...

By Manish Sen On Tuesday, January 1st, 2019

Urjit Patel spoke of resignation for months; Institutions like CBI paramount: PM Modi

New Delhi: Urjit Patel stepped down as the Reserve Bank of India (RBI) Governor because of personal reasons and had been telling the Prime Minister for some time about his decision to resign, said Prime Minister More...

By Manish Sen On Tuesday, January 1st, 2019

GST collection drops to Rs 94,726 cr in December

New Delhi: GST collection dropped to Rs 94,726 crore in December 2018, lower than Rs 97,637 crore collected in the previous month. GST collection dropped to Rs 94,726 crore in December 2018, lower than Rs 97,637 More...

By Manish Sen On Thursday, December 27th, 2018

GST: Focus shifts to enforcement actions, returns, refund simplification

New Delhi: It faced a huge political backlash and became the butt of jokes with opponents calling it ‘Gabbar Singh Tax’, but weathered all of it in 2018 and its proponents are confident the GST is fast More...

By Manisha Sen On Saturday, December 22nd, 2018

GST Council cuts rates on 23 items, rationalises 28 pc slab

New Delhi: In a relief to the common man, the GST Council Saturday cut rates on 23 commonly used goods and services, including TV screens, movie tickets and power banks. Finance Minister Arun Jaitley The annual More...

By Manish Sen On Tuesday, December 18th, 2018

99% items to be kept under 18% or less GST slab, says PM Modi

Maharashtra: Prime Minister Narendra Modi on Tuesday indicated that the 28 per cent slab of Goods and Services Tax (GST) will soon only be restricted to a few select items such as luxury items. Prime Minister Narendra More...

By Manish Sen On Wednesday, December 12th, 2018

BJP leader questions new RBI Governor’s ‘capabilities’

Gujarat: BJP leader Jay Narayan Vyas on Wednesday questioned the “capabilities” of new RBI Governor Shaktikanta Das, invoking his limitations as an Indian Administrative Officer (IAS). BJP leader Jay More...