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18 June, 2018 4:10 PM Communist Party of India (Marxist) aims to counter BJP govt's policies: Yechury

Communist Party of India (Marxist) leader Sitaram Yechury: His party's aim was to fight and defeat the "communal and anti-people" policies of the BJP government at the Centre. CPI(M) leader Sitaram Yechury said today his party's aim was to fight and defeat the "communal and anti-people" policies of the BJP government at the Centre. The BJP government 23

18 June, 2018 12:37 PM GST formalising economy, widening tax base: Finance Ministry

The Finance Ministry today said it would be increasingly difficult for businesses to remain outside the tax net as GST is leading to formalisation of the economy. The Goods and Services Tax (GST) was introduced from July 1 last year to subsume plethora of indirect taxes like excise and sales tax. "Historic tax reform GST has resulted in formalisation 22

16 June, 2018 6:23 PM Modi may opt for snap polls, says Narayana

To pre-empt bid to firm up anti-BJP-led alliance, he says Prime Minister Narendra Modi was planning to advance the general elections as part of strategy to pre-empt the Opposition attempts to firm up an alliance against the BJP-led National Democratic Alliance, CPI national secretary K. Narayana said on Saturday. Addressing a press conference here, he said the BJP leadership 301

15 June, 2018 4:50 PM 45 traders fined Rs 23.45 lakh for GST tax evasion

A penalty of Rs 23.48 lakh was imposed on 45 traders for evading payment of GST to the tune of Rs 51.3 lakh in the last one month beginning May 15. The Commissioner of Commercial Taxes, G Srinivas, in a release said they acted on a tip-off from the public who informed them through Whatsapp, e-mail and also in written complaints, of non-issuance of proper 46

12 June, 2018 1:59 PM Government Extends GST Refund Drive Till June 16

New Delhi: The government on Tuesday extended the special fortnight-long drive to process pending GST (Goods and Services Tax) refunds by two more days till June 16. It said that refunds worth over Rs 7,500 crore were already sanctioned as a part of this drive till now compared to Rs 5,350 crore sanctioned in the earlier drive which lasted from March 49

11 June, 2018 5:16 PM Passenger vehicles drive in fast lane, May sales rise 20%

Demand robust across segments including cars, vans: SIAM Passenger vehicle sales in India rose almost 20% in May, driven by strong sales across segments, including utility vehicles, cars and vans, registering a second consecutive month of robust sales. According to data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle 33

10 June, 2018 3:38 AM ‘Threat to PM isthreat to nation’

Union Minister Pon Radhakrishnan has said the Maoists’ assassination threat to Prime Minister was not just a threat to him but to the entire nation. “Mr. Modi is not just the leader of a political party but of 130 crore people and threat to his life is a threat to the country,” he said talking to reporters here on Saturday. Mr. Radhakrishnan rejected 40

9 June, 2018 2:46 PM ‘₹7,000-cr. GST refunds cleared’

More than ₹7,000 crore or half of the pending GST refunds of exporters has been cleared in the first nine days of the ongoing Special Refund Fortnight. “More than ₹7,000 crore of IGST/ ITC refunds sanctioned till now during the ongoing Special Refund Fortnight,” the Central Board of Indirect Taxes and Customs (CBIC) said in a tweet. CBIC asked exporters 38

5 June, 2018 9:35 AM Ather launches e-scooter priced at Rs 1.24 lakh

Electric two-wheeler startup Ather Energy today launched its flagship electric scooter model Ather 450 priced at Rs 1.24 lakh (on road). The company also introduced Ather 340 at Rs 1.09 lakh.Ather 450 is designed for city riding conditions and comes with a top speed of 80 km/hr and a range of 75 km. It can go from 0-40 km/hr in 3.9 seconds. The model 33

2 June, 2018 6:04 PM Few takers for development rights certificates

Residents who have given land for civic projects say it is not the right time, given the impact of demonetisation, GST Many civic infrastructure projects in the city run the risk of being shelved because of low utilisation of Development Rights Certificates (DRC) and the reluctance of residents to accept Transfer of Development Rights for land acquired 24