August 08, 2018 06:02 PM IST
Registered taxpayers under the erstwhile indirect tax regime were allotted a 15-digit provisional ID before the introduction of the Goods and Services Tax (GST) on July 1, 2017.
August 08, 2018 06:00 PM IST
Vijay Goel was replying to a question on whether India's average per capita income during the last four years has been much higher than the average per capita income of previous four years.
August 08, 2018 02:35 PM IST
There is a concessional duty of 8 percent for the spice under the SAFTA (South Asia Free Trade Agreement), while import of 2,500 tonnes of pepper is allowed at zero duty under the ISLFTA (Sri Lanka Free Trade Agreement).
August 08, 2018 02:32 PM IST
General elections will be held in April and May 2019 in India. The merger will be initiated only by the end of Q2FY20.
August 08, 2018 02:07 PM IST
The 60 discoveries clubbed into 26 contract areas spread over 3,100 sq km and eight sedimentary basins will be put on offer.
August 08, 2018 01:14 PM IST
The government does not want to make it a blanket ban, particularly in cases where trips are necessitated for business purposes
August 08, 2018 12:22 PM IST
The mills paid around Rs 20,682 crore as sugarcane purchase price to farmers till July this year, but there are still arrears worth Rs 593 crore, the official in the state sugar commissioner's office said.
August 08, 2018 10:45 AM IST
India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said.
August 08, 2018 10:26 AM IST
It said inflationary pressures were also exerted by a pick up in domestic demand and recent hike in procurement prices of major crops by the government, as it seeks to win support from farmers ahead of national elections next year.
August 08, 2018 09:12 AM IST
In its annual country report, the International Monetary Fund also said that a dual rate structure with a low standard rate and an additional higher rate on select items can be progressive and preserve revenue neutrality.
August 07, 2018 09:27 PM IST
Responding to the five-hour debate, Finance Minister Piyush Goyal said "this government follows the kind of budget making where there is least deviation between the planned and actual estimates".
August 07, 2018 09:00 PM IST
According to an analysis of 173 companies by Icra, consumer-oriented sectors like auto, FMCG, consumer durables and airlines as well as commodity-linked sectors like cement, iron & steel and oil & gas, saw stronger sales growth in the June quarter.
August 07, 2018 07:10 PM IST
The total asset base of all the fund houses put together was Rs 19.97 lakh crore in July last year.
August 07, 2018 06:46 PM IST
The minister replied in affirmative to a question, whether it is a fact that the Central Electricity Authority's report reflects the number of power stations facing critical coal stock coming down from 30 on April 1 to 13 on July 2 as Coal India Ltd (CIL) and the Railways jointly worked to ramp up additional supplies;
August 07, 2018 06:32 PM IST
In a written reply to a question in the Rajya Sabha, he said the I-T department issued notices to 3.04 lakh persons who had deposited cash of more than Rs 10 lakh post demonetisation but had not filed their return of income till the due date.
August 07, 2018 06:00 PM IST
The other major increase will be witnessed in food subsidy bill which will rise from Rs 1 lakh crore last fiscal to Rs 1.69 lakh crore in current fiscal and Rs 1.87 lakh crore in 2019-20. By 2020-21 it will exceed Rs 2 lakh crore.
August 07, 2018 05:40 PM IST
Finance Minister Piyush Goyal was responding to a question by senior Congress member Jairam Ramesh who said the government had announced several colourful schemes but why were one-third of state-run banks headless for a long time.
August 07, 2018 05:28 PM IST
Artificial Intelligence disrupting the banking sector also questions the reliability of the decisions by robots and increases fear of job losses.
August 07, 2018 04:05 PM IST
As regards the stressed assets in the banking system, Minister of State for Finance Shiv Pratap Shukla said the spurt was due to aggressive lending practices, wilful default, loan frauds, corruption in some cases and economic slowdown.
August 07, 2018 03:30 PM IST
The deficit in the current account stood at $28.3 billion in the January-June period, down from $34.1 billion in the first quarter, the State Administration of Foreign Exchange (SAFE) said in a statement.
August 07, 2018 03:03 PM IST
Ghosting is a phenomenon where potential employees suddenly cut off all communications during the last stage of negotiation
August 07, 2018 02:41 PM IST
The notification said it seeks to "increase customs duty on 328 tariff lines of textile products from the existing rate of 10 percent to 20 percent under Section 159 of the Customs Act, 1962".
August 07, 2018 02:30 PM IST
Petrol price in Delhi was today hiked by 9 paisa a litre to Rs 77.06 while diesel rates went up by 6 paisa to Rs 68.50 per litre, according to daily price notification issued by state-owned oil firms.
August 07, 2018 02:12 PM IST
Meanwhile, BJP state unit President Tamilisai Soundarrajan, underlined the party-led Centres' commitment to Tamil Nadu's growth.
August 07, 2018 02:08 PM IST
As a result of the Supreme Court order, other orders issued by various high courts in around 2,000 cases of disqualification of directors have also been stayed
