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Government seeks suggestions on new GST returns

New Delhi, Dec. 6 -- Central and state tax authorities will on Saturday seek views from businesses, traders and tax experts across the country on the new Goods and Services Tax (GST) returns that will... Read More


India set for modest recovery, says OECD

New Delhi, Dec. 6 -- India's economy is set for a modest recovery after a loss of momentum, as reforms in taxation, business regulations and steps to upgrade infrastructure start to bear fruit, the Or... Read More


NDA govt is open to criticism and responds with positivity: FM

New Delhi, Dec. 6 -- Finance minister Nirmala Sitharaman on Monday, 2 December, defended the Centre's record on openness to criticism after leading industrialist Rahul Bajaj blamed the National Democr... Read More


FM: Onion comment taken out of context

New Delhi, Dec. 6 -- Nirmala Sitharaman told the Rajya Sabha on Thursday that a purported comment that she did not eat garlic and onion had been taken "out of context". The controversy stemmed from r... Read More


GST mop-up crosses '1 tn on anti-evasion steps, festive demand

New Delhi, Dec. 6 -- Goods and Services Tax (GST) collection reversed a two-month contraction to cross the '1 trillion mark in November, in a partial relief for policymakers fighting to boost consumpt... Read More


Manufacturing sector saw slight recovery last month: PMI data

New Delhi, Dec. 6 -- India's troubled manufacturing sector made a slight recovery in November after hitting a two-year trough in October, while shedding jobs in the face of a challenging economy, a pr... Read More


FM: Onion comment taken out of context

new delhi, Dec. 6 -- Nirmala Sitharaman told the Rajya Sabha on Thursday that a purported comment that she did not eat garlic and onion had been taken "out of context". The controversy stemmed from r... Read More


Authorities dispute rebate for taxes paid by banks on deposit insurance

New Delhi, Dec. 6 -- Banks' cost of insuring deposits could see a jump if a tax dispute brewing between lenders and the indirect tax administration is not settled in the former's favour. Officials of... Read More


Onion comment taken out of context, says Sitharaman

New Delhi, Dec. 5 -- Union finance minister Nirmala Sitharaman told the Rajya Sabha on Thursday that her comment that she did not eat garlic and onion had been taken "out of context". The comment, ma... Read More


CBDT invites comments on fund manager remuneration

New Delhi, Dec. 5 -- The Income tax department has invited comments from the public on ways of computing remuneration of India-based fund managers handling overseas investors' funds here. The new way... Read More