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NEW DELHI: The government expects inflation to ease to 6% levels in the coming months on softening global commodity prices. It also expects a further pickup in the collection of goods and services tax (GST) to around Rs 1. 7 lakh crore a…

A government source on Thursday said that India is likely to be the fastest growing economy in the world this year, according to news agency PTI. The PTI source also revealed that the government is taking constant measures and is…

HYDERABAD: Biological E. Ltd (BE) on Thursday said it has delivered 10 crore (100 million) doses of its Covid-19 vaccine, Corbevax to the Centre so far. In a release, the city-based vaccine maker said, “Biological E. Limited has…

The Centre on Monday told Parliament that Uttar Pradesh and Bihar have the highest number of registered and active taxpayers who have paid nil GST since its implementation. In a written reply to a question, MoS for finance Pankaj…

Several companies that were under scrutiny by the government for availing duty-free benefits granted through advance authorisation scheme are all set to approach the taxman for refunds following a court direction. The Delhi High Court…

The Maharashtra Goods and Services Tax department has arrested a director for a Mumbai-based firm for alleged tax evasion by using fake bills. The state GST had earlier conducted an investigation visit at the premises linked to S K.…

The Comptroller and Auditor General (CAG) on Monday recommended that the indirect tax department should complete the verification of transitional credit allowed under the GST mechanism. As part of transition to GST with effect from July…

Prime Minister Narendra Modi urged states to focus on reducing imports and increasing exports, asking them to identify opportunities and encourage people to use locally made goods as much as possible. His reiteration of the 'vocal for…

Ater a gap of a year, proscribed militant outfit United Liberation Front of Asom (Independent) have called for a total boycott of Independence Day celebration and observance of general strike on August 15. ULFA (I) which is also known…

The Delhi Police has denied permission to the Congress for holding a protest in the national capital on Friday, citing that prohibitory orders are in place in New Delhi district, officials said. The Congress has planned a mass protest…