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Govt to sort out compensation issues for early GST roll-out: FM

Last Updated: Thursday, July 03, 2014, 21:06

Finance Minister Arun Jaitley Thursday said the Centre would sort out compensation issues with states to ensure early roll-out of Goods and Service Tax, a new indirect tax regime that will subsume various levies.

States want GST, only some concerns to be addressed: Rather

Last Updated: Thursday, July 03, 2014, 18:02

Raising hopes of early implementation of GST, Empowered Committee Chairman and Jammu and Kashmir Finance Minister Abdul Rahim Rather Thursday said that all states are on board and only some concerns need to be addressed by the Centre.

Unhealthy food items hard to let go

Last Updated: Wednesday, July 02, 2014, 17:04

We generally get tempted by frequently advertised food items high in ingredients such as sugar, fat and salt.

Excise duty concession on auto, consumer goods to continue: FM

Last Updated: Wednesday, June 25, 2014, 16:53

In a relief to the automobile and consumer durable sectors, the government on Wednesday extended the excise duty concession by six months to December 31.

Lower excise duty for automobiles, capital goods to continue past June 30

Last Updated: Wednesday, June 25, 2014, 15:39

The Government on Wednesday extended excise duty concession on automobiles, capital and consumer goods for six months till December 31, 2014.

GST implementation will help narrow fiscal deficit: CRISIL

Last Updated: Monday, June 23, 2014, 17:32

Fiscal deficit, the gap between government's expenditure and revenue, stood at 4.5 percent in FY14, lower than 4.9 percent in FY13.

Luxury goods market holding up despite economic uncertainty

Last Updated: Wednesday, June 18, 2014, 15:00

The market for personal luxury goods is holding up despite lingering economic weakness in Europe, a fomenting market crisis in Russia and destabilising exchange rate fluctuations globally, a new report has said.

GST can significantly improve economic growth: Jaitley

Last Updated: Monday, June 09, 2014, 20:43

Finance Minister Arun Jaitley Monday urged the state governments to support the Goods and Services Tax (GST) saying it can significantly improve economic growth.

FICCI delegation meets FM; suggests pre-budget measures

Last Updated: Sunday, June 01, 2014, 17:09

A FICCI delegation called on new Finance Minister Arun Jaitley and suggested to him that the government declare as a policy that retrospective action shall not be resorted to, except in rarest cases.

Arun Jaitley keen to meet state FMs to push GST

Last Updated: Wednesday, May 28, 2014, 14:46

Keen to push the Goods and Services Tax (GST), Finance Minister Arun Jaitley on Wednesday expressed desire to hold an early meeting with the state finance ministers.

Indian wines now available in duty-free, select outlets in Europe

Last Updated: Friday, May 23, 2014, 17:55

Alberti Duty Free, worldwide supplier of duty free goods, will make Indian wines available in Europe and promote the spirits in the continent`s markets.

Mayaram calls meeting to discuss progress on DTC, GST

Last Updated: Wednesday, May 21, 2014, 18:41

Finance Secretary Arvind Mayaram has called a meeting on Wednesday of revenue department officials to assess the progress on the proposed Direct Taxes Code and the Goods and Services Tax.