"Tyres Of Indian Economy Punctured Due To NDA's Policies": Ex-Finance Minister P Chidambaram

Former finance minister P Chidambaram today said that state of the economy was bad in the country due to the wrong policies of the NDA government and tyres of three of the four wheels on which the economy rides were punctured.

A new category of small vehicles - Quadricycles, has been approved by the Indian government and in particular the Ministry Of Road Transport and Highways. This new category, which will mainly be used to classify small four wheeled personal vehicles (or commercial vehicles) will have to pass a list of emissions, crash and other norms which will be laid down by the gove...

International passengers buying goods at airport 'duty-free' shops will not be subject to GST and the revenue department will soon clarify on this exemption, an official said.

Bihar Chief Minister Nitish Kumar on Friday expressed gratitude towards the Centre for agreeing to exempt from GST items used in community kitchens at Gurudwaras and other religious places.

A CBI team today conducted searches at the main office of the Goods and Services Tax (GST) in Vadodara city and questioned some officials.

Niti Aayog vice chairperson Rajiv Kumar on Monday called for a cut in taxes on fuel, both by the centre and the state. Mr Kumar also told NDTV that he was strongly in favour of fuel being brought under the Goods and Services Tax or GST.

It is a misconception that bringing petroleum products under the Goods and Services Tax, or GST, will lead to lower fuel prices, Bihar's Deputy Chief Minister Sushil Kumar Modi said on Saturday.

With petrol and diesel rates skyrocketing on a daily basis, Road Transport and Highways Minister Nitin Gadkari on Friday advocated bringing fuel under the GST to curb the price hike.

Prime Minister Narendra Modi completes four years in office on May 26. He's used the time to give India its biggest tax reform, overhauled a century-old bankruptcy law, revived stalled projects and got the World Bank to say Asia's No. 3 economy is a much better place to do business.

A father-son duo has been arrested by GST officers for tax evasion of Rs 28 crore, marking the first arrest in the national capital under the new indirect tax regime.

The Ministry Of Road Transport has brought about a whole range of proposals to increase the adoption of electric vehicles in India. These include the proposal of scrapping permits to run commercial electric vehicles, allowing youth between the ages of 16-18 to ride electric scooters without a license and preferential parking for electric cars in certain areas. Another...

The Indian economy is gradually coming out of the twin shock of demonetisation and GST which temporarily derailed growth, rating agency India Ratings said.

The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive.

The expenditure incurred by the government in contesting cases in the Supreme Court has gone up from nearly Rs 11 crore in 2011-12 to Rs 42.40 crore in 2017-18, Law Ministry data shows.