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States seek quick release of their GST dues from Centre

New Delhi, Dec. 5 -- Finance ministers of four states and officials from four others on Wednesday urged the Union government to clear dues towards compensation from the implementation of the Goods and... Read More


India set for modest economic recovery: OECD

New Delhi, Dec. 5 -- 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 Org... Read More


States meets Nirmala, seek quick release of GST dues

India, Dec. 4 -- Finance ministers of four states and officials from four others on Wednesday urged the Union government to clear dues towards compensation from the implementation of the Goods and Ser... Read More


Centre taking steps to check onion prices: Nirmala Sitharaman

New Delhi, Dec. 4 -- Finance Minister Nirmala Sitharaman on Wednesday told Parliamentarians that the government has taken a host of measures to check the surge in onion prices, including importing the... Read More


Manufacturing sector picks up in Nov

new delhi, Dec. 4 -- 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


State finance ministers urge Centre to clear GST compensation dues

New Delhi, Dec. 4 -- Eight state governments on Wednesday urged the Centre to clear without delay the Goods and Services Tax (GST) compensation due to them. Finance ministers of Delhi, Punjab, Puduch... Read More


S&P reaffirms India's sovereign rating at BBB-, retains outlook at 'stable'

New Delhi, Dec. 3 -- Rating agency S&P has reaffirmed India's sovereign credit rating with stable outlook and expects Asia's third largest economy to grow strongly over the next two years, India's fin... Read More


IT department issues Rs.1.46 trillion in refunds till November end

New Delhi, Dec. 3 -- The Income Tax department has scaled up issue of refunds to boost tax payer confidence, giving Rs.1.46 trillion till 28 November, about 23% more than the refunds issued in the sam... Read More


Manufacturing sector picks up in Nov

New Delhi, Dec. 3 -- 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


GST Council to review tax rates, exemptions

New Delhi, Dec. 3 -- Federal indirect tax body, the Goods and Services Tax (GST) Council, will meet later this month to discuss various revenue raising measures including changes to GST rates and cess... Read More