Finance - general
GST Council cuts tax rates for oil and gas firms
13 Oct 2017
IMF lowers India’s current year growth forecast to 6.7%
11 Oct 2017
While the IMF has lowered the growth projection for 2018 to 7.4 per cent from its earlier estimate of 7.7 per cent, India would still be the fastest growing economy in the world
GST refunds to exporters in 2 weeks, rate relief on 27 items
07 Oct 2017
The GST Council has decided that exporters’ tax refunds, which have been pending, will be cleared over the next two weeks — those for July by 10 October, and for August by 18 October
Modi’s economy booster may come in GST rate cuts on 60 items
06 Oct 2017
Reports quoting finance ministry officials said the government has identified many items in the 28 per cent and 18 per cent GST brackets that would be brought down to 18 per cent and 12 per cent, respectively
GST return filings fall as registrations rise in August
25 Sep 2017
About 3.5 million of the 6.77 million registered tax payers have so far managed to pay tax and file return in August against the 3.6 million out of the 4.56 million eligible taxpayers who paid GST in July
Taxpayers claim Rs65,000-cr of Rs95,000-cr GST paid as input tax credit
16 Sep 2017
The Central Board of Excise and Customs has now asked tax officials to verify GST transitional credit claims of over Rs1 crore made by 162 entities