Govt reconstitutes FSDC, includes secretaries from revenue dept, MeitY
New Delhi: The government has reconstituted the Financial Stability and Development Council (FSDC) to include secretaries from the revenue department as well as Ministry of Information Technology (MeitY). RBI Governor More...
PM reshuffles cabinet; Goyal gets additional charge of FinMin
New Delhi: Smriti Irani, whose tenure as the Information and Broadcasting Minister was mired in controversy, was tonight divested of the portfolio as Prime Minister Narendra Modi reshuffled his cabinet in which More...
Jaitley undergoing kidney transplant surgery at AIIMS
New Delhi: Union Finance Minister Arun Jaitley is undergoing a kidney transplant operation at the All India Institute of Medical Sciences (AIIMS) today, sources at the hospital said. Finance Minister Arun Jaitley More...
Finance ministry shut, says Rahul in mock note to FM from PM
New Delhi: Latching on to a news report about the absence of Union Minister Arun Jaitley and Secretary Hasmukh Adhia from the Finance Ministry at the same time, Congress chief Rahul Gandhi today took a dig at the More...
GSTN to rope in private entities for tax payer profiling, fraud analytics
New Delhi: GST Network has invited bids from private entities for “360-degree” profiling of taxpayers for early detection of fraud as it seeks to transform into an end-to-end platform for checking GST More...
GSTN to be converted to govt entity
New Delhi: The GST Council today approved converting the firm providing IT backbone to the Goods and Services Tax (GST) into a government owned entity from being a private company. BJP MP Subramanian Swamy who demanded More...
GST Council meet tomorrow; simplification of return form on agenda
New Delhi: The 27th meeting of the GST Council tomorrow will among other things consider introduction of simplified tax return form and also decide on proposal for converting GST Network into a government company. Finance More...
GST Council meet on May 4, simplifying returns on agenda
New Delhi: Finance Minister Arun Jaitley-chaired GST Council will meet on May 4 to discuss a simpler return form and the amendments required in the indirect tax regime rules. Finance Minister Arun Jaitley-chaired More...
FinMin to move to cash basis accounting for GST collection
New Delhi: In a bid to bridge the lag in actual revenue accrual, the Finance Ministry will from this fiscal shift to cash basis accounting for the Goods and Services Tax (GST) where monthly collections will be reported More...
Odisha announces hike in DA for employees
Bhubaneswar: The Odisha government today announced a hike in the dearness allowance (DA) for its employees to 7 percent, from 5 percent, with retrospective effect from January 1, 2018. Chief Minister Naveen Patnaik More...
