Maharashtra Election 2019: "Economy Not Run By Ambani, Adani, But By Poor People": Rahul Gandhi

Maharashtra Elections 2019: In a scathing attack on the Narendra Modi-led government, Congress leader Rahul Gandhi on Tuesday accused it of pursuing wrong economic policies like the notes ban and GST, resulting in increased unemployment.

Abhijit Banerjee, Economics Nobel winner this year along with his wife Esther Duflo and Michael Kremer, recently delivered a sharp critique of the Indian economy and rated the fall in consumption as "extremely serious".

Finance Minister Nirmala Sitharaman today admitted before a group of taxation experts that the Goods and Services Tax framework may still have some flaws two years since its introduction, but sharply advised them against "damning" a law that has been passed by Parliament with widespread approval.

Dell on Friday unveiled its OptiPlex 7070 Ultra - a flexible, modular and zero-footprint PC which targets the Banking, Financial Services and Insurance (BFSI) and Information Technology Enabled Service (ITES) sectors.

The GST Council expects the newly formed committee to look into "policy measures and changes in the law", measures to "improve voluntary compliance and improved compliance monitoring and anti-evasion measures" among others.

The Goods and Services Tax (GST) collection has declined to a 19-month low and dropped to Rs. 91,916 crore in September, showed government data released on Tuesday, increasing the risk of fiscal slippage at a time demand remains weak in India. In the previous month, the collection was Rs 98,202 crore, according to the data. There has been a 2.67 per cent drop from rev...

A GST evasion to the tune of Rs 1.5 crore by a Kanpur-based pan masala company, AJ Sugandhi Pvt Ltd, was detected by officials during search operations.

Finance Minister Nirmala Sitharaman said that since August 23, 90 per cent of overdue GST refunds have been cleared.

The Directorate General of GST Intelligence has unearthed a scam in which exporters from the National Capital Region (NCR) allegedly availed Goods and Services Tax refund of Rs 400 crore in connivance with units in Gujarat's Kandla Special Economic Zone, an official said on Tuesday.

Punjab Chief Minister Amarinder Singh on Sunday hit out at Union minister Harsimrat Kaur Badal, calling her a "compulsive liar" while reacting to the allegations that Punjab government reneged on its commitment of refunding its share of the GST charged on purchases made for langar (community kitchens) by the Shiromani Gurdwara Parbandhak Committee

Sanjeev K Nayar, General Manager, ITC WelcomHeritage said that the Council's decision to lower GST on room tariffs 'will certainly increase occupancy'.

The GST council has not announced any rate cuts on the passenger vehicles and that means there will be no change in the price of cars and bikes.

Exemption from the GST has been given to imports of specified defence goods that are not manufactured in India.

The Finance Minister has announced reduction in the corporate tax rate to 22 per cent from 30 per cent, while new manufacturing companies or companies which are making fresh investments from October 2019 will be taxed at 15 per cent which is a big boost to Make in India for sure but also a incentive to invest in the country.