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GST Council relaxes return filing rules for July-Aug

GST Council relaxes return filing rules for July-Aug

The GST Council relaxed return filing rules for businesses for the first two months of the rollout of the new indirect tax regime even as it stuck to the July…

Black money: Switzerland ratifies automatic info sharing with India

Black money: Switzerland ratifies automatic info sharing with India

Switzerland ratified automatic exchange of financial account information with India and 40 other jurisdictions to facilitate immediate sharing of details about suspected black money, even as it sought strict adherence…

Companies offer pre-GST discounts to clear stock

Companies offer pre-GST discounts to clear stock

It is turning out to be bonanza time for consumers as companies, ranging from apparels to car manufacturers, woo them with attractive discounts ahead of implementation of the GST next…

Petrol, diesel prices slashed in last fortnightly revision

Petrol, diesel prices slashed in last fortnightly revision

Petrol and diesel prices have been slashed on the eve of the rollout of the new system where fuel prices will be revised daily. Petrol price has been cut by…

Govt extends interest subsidy on short-term crop loans

Govt extends interest subsidy on short-term crop loans

Farmers will continue to get short-term loan of up to Rs 3 lakh at a subsidised interest rate of 7 per cent, and prompt repayers will get it at 4…

WPI inflation in May cools to 5-month low of 2.17%

WPI inflation in May cools to 5-month low of 2.17%

Inflation based on the wholesale price index fell to a five-month low of 2.17 per cent in May, mainly because of a sharp drop in prices of vegetables. In December,…

Retail inflation slumped to record low of 2.18% in May

Retail inflation slumped to record low of 2.18% in May

Retail inflation slumped to record low of 2.18 per cent in May driven by sharp drop in kitchen staples like vegetables and pulses, strengthening government’s case for lowering of interest…

GST rates: Movie tickets below Rs 100, mustard sauce to cost less

GST rates: Movie tickets below Rs 100, mustard sauce to cost less

Tax rates on certain kitchen items like pickles and mustard sauce, as well as movie tickets costing up to Rs 100 have been lowered as the Centre and states on…

GST Council forms 18 groups to sort out industry worries

GST Council forms 18 groups to sort out industry worries

The GST Council has set up 18 sectoral groups to interact with the sectors like telecom, banking and export and sort out their issues in a time-bound manner for a…

Petrol, diesel prices to change on daily basis from June 16

Petrol, diesel prices to change on daily basis from June 16

Public sector oil marketing companies will revise petrol and diesel prices across the country on a daily basis, Indian Oil said on Thursday. Currently, fuel prices are revised on a…