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Govt wants to pass GST bills through consensus: Jaitley

Govt wants to pass GST bills through consensus: Jaitley

Finance Minister Arun Jaitley on Tuesday said the GST bills are based on the principle of ‘shared sovereignty’ and that the government wants to pass these landmark tax reforms through…

Ford to hike prices across model range by up to 2% from April

Ford to hike prices across model range by up to 2% from April

Ford India plans to increase prices of vehicles across its model range by up to 2 percent from April in order to partially offset the rise in input costs. The…

General insurance premium set to go up from April 1

General insurance premium set to go up from April 1

Car, motorcycle and health insurance will cost more from April 1 with regulator IRDAI giving go-ahead to insurers for revision in commission for agents. The change in premium after modification…

EPFO to discuss making EPF optional for apparel workers

EPFO to discuss making EPF optional for apparel workers

Retirement fund body EPFO will consider a proposal to amend the EPF & MP Act for making provident fund contributions optional for employees in apparel and made-ups sector at the…

Wealth creation as important as its distribution: Minister

Wealth creation as important as its distribution: Minister

Emphasising that development has no meaning unless it covers all sections of the society, Union Minister M. Venkaiah Naidu said creation of wealth is as important as its distribution. “In…

Trying to implement GST from July 1, says Jaitley

Trying to implement GST from July 1, says Jaitley

Finance Minister Arun Jaitley on Wednesday said he is hopeful of rolling out the biggest tax reform GST from July 1 which will make goods and services cheaper and tax…

Govt proposes Rs 2 lakh cap on cash transactions

Govt proposes Rs 2 lakh cap on cash transactions

The government on Tuesday proposed to reduce the cap on cash transactions to Rs 2 lakh, down from Rs 3 lakh as announced in the Union Budget. A penalty of…

Bharatiya Mahila Bank to merge with SBI

Bharatiya Mahila Bank to merge with SBI

The government on Monday said it has decided to merge the Bharatiya Mahila Bank (BMB) with the State Bank of India (SBI) to ensure greater banking services outreach to more…

India home to 101 billionaires, Mukesh Ambani tops list: Forbes

India home to 101 billionaires, Mukesh Ambani tops list: Forbes

India is home to world’s fourth highest number of billionaires with Reliance Industries chief Mukesh Ambani leading the club of more than 100 super rich Indians, according to a new…

I-T dept makes public list of defaulters owing Rs 448 cr

I-T dept makes public list of defaulters owing Rs 448 cr

The Income Tax department released a list of 29 entities owing Rs 448.02 crore in taxes as part of its strategy to name and shame large defaulters. In advertisements issued…