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Jaitley advocates hike in income tax exemption limit

Last Updated: Saturday, April 05, 2014, 00:12

Jaitley sought immediate implementation of the Goods and Service Tax.

Goods train derails after Naxals damage rail track in Chhattisgarh

Last Updated: Saturday, March 29, 2014, 22:25

Three wagons of a goods train and its engine got derailed after Naxals allegedly ruptured a railway track in Dantewada district of Chhattisgarh, police said.

Hopefully next govt will implement GST: Montek

Last Updated: Sunday, March 23, 2014, 22:17

Planning Commission Deputy Chairman Montek Singh Ahluwalia Sunday exuded confidence that whoever forms the next government would be in a position to implement key reforms, including the Goods and Services Tax (GST).

High-tech goods to lead trade growth over next 15 years: HSBC

Last Updated: Tuesday, March 18, 2014, 11:35

High-tech goods would make up more than 25 percent of goods traded by 2030 compared to 22 percent in 2013, HSBC said in its latest global trade report, which forecast trade would pick up only slowly in the near term.

BJP favours GST: Narendra Modi

Last Updated: Thursday, February 27, 2014, 21:05

BJP's Prime Ministerial candidate Narendra Modi Thursday said his party was in favour of bringing in the Goods and Services Tax (GST) but claimed it was the central government that had not done the preparation required for its implementation.

RBI's focus is to bring down inflation: Raghuram Rajan

Last Updated: Monday, February 24, 2014, 19:16

Reserve Bank of India Governor Raghuram Rajan on Monday said the central bank's focus is to bring down inflation to boost investor confidence.

Tax experts hail cut in excise duty

Last Updated: Monday, February 17, 2014, 17:59

Tax experts have hailed Finance Minister P Chidambaram's decision to slash excise duty, saying the move will give the much-needed boost to auto, capital goods and whitegoods sectors which have borne the brunt of slowdown.

Duty cut on cars, 2-wheelers to boost engg goods export: EEPC

Last Updated: Monday, February 17, 2014, 16:43

Apex engineering exporters body EEPC Monday said Finance Minister P Chidambaram's proposal to lower excise duty on cars and two-wheelers in the interim budget will boost the exports of key engineering goods.

RBI liberalises third party payment norms for export/import

Last Updated: Tuesday, February 04, 2014, 16:58

The Reserve Bank on Tuesday liberalised the third party payment norms for import of goods by removing the ceiling of USD 100,000.

Delhi Govt simplifies VAT payment procedures

Last Updated: Saturday, February 01, 2014, 18:39

Govt has also decided to scrap Audit Report 1 (AR1) which was mandatory for traders with an annual turnover exceeding Rs 10 crore to file.

'India's used goods market to cross Rs 1,15,000 cr by 2015'

Last Updated: Friday, January 17, 2014, 13:50

With growing consumerism and disposable income, India's used goods market is likely to touch Rs 1,15,000 crore by 2015 from Rs 80,000 crore at present, says a study.

Richemont seeks entry into India's luxury retail market

Last Updated: Friday, January 17, 2014, 01:28

Luxury goods group Richemont , whose stable of brands includes jewellers Cartier and Van Cleef & Arpels, has applied to open shops in India, joining other global retailers who entered the market since New Delhi relaxed investment rules.