In run-up to GST, FinMin rechristens Service Tax directorate

Last Updated: Sunday, August 16, 2015, 19:41

Even as the Modi government is yet to cross the Parliamentary hurdle before it can roll out a uniform tax regime, it has rechristened Mumbai-based Directorate General of Service Tax as Directorate General of Goods and Service Tax (DGGST), and shifted it to Delhi.

Black money: CII lauds govt's efforts to fight menace

Last Updated: Sunday, August 16, 2015, 19:22

A day after Prime Minister Narendra Modi in his Independence-Day speech talked about the steps taken to unearth black money, industry chamber CII Sunday hailed the government's efforts to fight the menace while advocating 'stringent punishments' for offenders.

PM Modi reaches out to farmers, promises measures for their welfare

Last Updated: Saturday, August 15, 2015, 22:39

Prime Minister Narendra Modi, who has faced Opposition flak over farmer's issues including on land bill, Saturday reached out to the community promising to initiate measures for their welfare as he addressed the nation from the ramparts of the Red Fort on Independence Day.

Very optimistic on passage of GST, other bills: Sitharaman

Last Updated: Friday, August 14, 2015, 17:28

Government on Friday said it is 'very optimistic' of getting the much stalled reform bills like GST passed in Parliament despite strident disruptions by the Congress seen in the just ended Monsoon Session.

Sensex sinks 354 points; extends rout on yuan, reform worries

Last Updated: Wednesday, August 12, 2015, 17:15

The NSE Nifty index went below the crucial 8,400-mark before settling lower 112.90 points, or 1.33 percent, at 8,349.45.

GST rollout difficult from April if bill not passed now: Mani

Last Updated: Tuesday, August 11, 2015, 19:29

It will become "very difficult" to roll out the new indirect tax regime by the April 2016 target if GST bill is not passed in the current session of Parliament, Chairman of Empowered Committee of State Finance Ministers K M Mani said Tuesday.

Government introduces GST Bill in Rajya Sabha amid ruckus

Last Updated: Tuesday, August 11, 2015, 16:10

Amid ruckus by opposition members in the Rajya Sabha, Finance Minister Arun Jaitley on Tuesday introduced a constitutional amendment bill to enable implementation of goods and services tax (GST) in the country.

GST Bill: 10 Key facts you should know

Last Updated: Tuesday, August 11, 2015, 09:31

GST is expected to streamline the taxation system and cut down multiplicity of compliance and cascading effect of taxes.

Govt introduces GST Bill for passage in Rajya Sabha

Last Updated: Tuesday, August 11, 2015, 09:06

The government on Tuesday introduced the much-awaited bill on GST for passage in the Rajya Sabha even as doubts persists if the opposition Congress will allow passage of the Constitution Amendment Bill.

Govt lists GST Bill for passage in Rajya Sabha on Tuesday

Last Updated: Monday, August 10, 2015, 21:25

The Revised List of Business of Rajya Sabha said Finance Minister Arun Jaitley will move the Constitution (One Hundred and Twenty-second Amendment) Bill, 2014, incorporating recommendations made by a House Select Committee.

Dayanidhi Maran faces arrest in illegal telephone exchange case as court cancels bail plea

Last Updated: Monday, August 10, 2015, 16:58

The Madras High Court on Monday cancelled Dayanidhi Maran's anticipatory bail plea in illegal telephone exchange case and gave him three days time to surrender.

Keep agri-produce out of GST ambit: PHD Chamber

Last Updated: Friday, August 7, 2015, 21:54

Arguing that expenses related to food constitute a sizeable portion of lower-income households, PHD Chamber Friday said that agriculture and agri-produce including food processing industry should be kept out of GST.