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Stop charging premium from Asian buyers: India to OPEC

Stop charging premium from Asian buyers: India to OPEC

India once again asked oil cartel OPEC to stop charging premium from its Asian buyers saying oil producers should not subsidise others at the expense of countries like India. Reiterating…

Entertainment, cable, DTH to attract lower taxes under GST

Entertainment, cable, DTH to attract lower taxes under GST

Taxation on entertainment, cable and DTH services shall come down under the Goods and Services Tax regime as the ‘entertainment tax’ levied by states has been subsumed in the GST,…

Smartphones, cement to cost less under GST

Smartphones, cement to cost less under GST

The Union government said that the GST, scheduled to be rolled out from July 1, is set to benefit consumers as tax incidence on smartphones, medical devices and cement will…

Food items to be cheaper under GST: Minister

Food items to be cheaper under GST: Minister

Most of the food items will be cheaper as the GST rate on them has been kept within 5 per cent range, Union minister Harsimrat Kaur Badal said. The Goods…

Foodgrains to be cheaper under GST

Foodgrains to be cheaper under GST

Foodgrains will cost less from July 1 when the nation-wide Goods and Service Tax (GST) is rolled out as the GST Council on Thursday decided to exempt the daily-use commodities…

91 lakh persons come under tax net post note ban: Minister

91 lakh persons come under tax net post note ban: Minister

The number of persons under the tax net has increased by 91 lakh as unaccounted cash lost anonymity post note ban, Finance Minister Arun Jaitley said. Launching a new website…

Petrol price cut by Rs 2.16 a litre

Petrol price cut by Rs 2.16 a litre

Petrol price was cut by Rs 2.16 per litre and diesel by Rs 2.10 a litre, reversing the four week trend of rising rates. The reduction comes on back of…

WPI inflation in April slips to 3.85% as food prices cool

WPI inflation in April slips to 3.85% as food prices cool

Inflation based on the wholesale price index slipped to a four-month low of 3.85 per cent in April as both food articles and manufactured items showed cooling in prices. The…

Electric vehicles to save $60 bn in fuel costs by 2030: Niti Aayog

Electric vehicles to save $60 bn in fuel costs by 2030: Niti Aayog

Accelerated adoption of electric and shared vehicles could save USD 60 billion in diesel and petrol costs while cutting down as much as 1 gigatonne (GT) of carbon emissions for…

Kerala to spend Rs 20,000 cr under package to tackle recession

Kerala to spend Rs 20,000 cr under package to tackle recession

The CPI(M) led LDF government in Kerala proposes to spend about Rs 20,000 crore for various development projects as part of its package to address economic recession, State Finance Minister…

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