GST Collections Remain Subdued At Rs 95,380 Cr In Oct


IRA JHA NEW DELHI : GST collections came in at Rs 95,380 crore in October, down 5.29 per cent from Rs 1,00,710 crore in the same month last year, as per government data released on Friday. This is the third consecutive month when GST mop-up remained below the Rs 1 lakh crore mark, despite the festival season. Revenue collection from GST in September More...

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By On Wednesday, October 16th, 2019

After Hunger Index Rank, Rahul’s Report Card On Development Claims

NEW DELHI : Congress’s Rahul Gandhi held up the Global hunger Index figures today as proof of a “colossal failure” of the Narendra Modi government. In the Global Hunger Index report released on More...

By On Thursday, October 10th, 2019

Samsung ends mobile phone production in China

SEOUL : Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world`s biggest smartphone market. The shutdown More...

By On Monday, October 7th, 2019

India Gets First Tranche of Swiss Account Details

NEW DELHI /BERNE: India has received the first tranche of details about financial accounts of its citizens in Swiss banks under a new automatic exchange of information framework between the two countries. India More...

By On Friday, October 4th, 2019

PMC Bank crisis: MD Joy Thomas arrested in Rs 4,355 fraud case

MUMBAI :Joy Thomas, the suspended managing director of crisis-hit Punjab and Maharashtra (PMC) Bank, has been arrested in an alleged Rs. 6,500 crore fraud case, sources in the Economic Offence Wing in Mumbai said. In More...

By RAJEEV RANJAN NAG On Tuesday, October 1st, 2019

Lower GST collection could change its fiscal maths

NEW DELHI : The national tax Goods and Services Tax (GST) recorded the lowest revenue collection in 19 months since it was introduced in July 2017, just over two years ago, according to data released by the government More...

By On Friday, September 27th, 2019

Maruti Suzuki slashes Baleno price by Rs 1 lakh

NEW DELHI : Days after the government cut corporate tax rate, Maruti Suzuki, the country’s biggest car-maker announced a reduction in prices. Maruti Suzuki has reduced the price of select models by ₹5,000 More...

By On Tuesday, September 17th, 2019

Sensex slides 642 pts amid rise in oil prices

MUMBAI : Equity markets came under heavy selling pressure on Tuesday on fears that a spike in crude oil prices following attacks on Saudi oil facilities could hurt the economy further. India’s current account More...

By On Monday, September 16th, 2019

There is a Slowdown…GDP Growth at 5% Came as a Surprise: RBI GoUV. Das

NEW DELHI/MUMBAI : Reserve Bank of India (RBI) Governor Shaktikanta Das in an exclusive interview with CNBC-TV18 said India’s gross domestic production (GDP) growth at 5 per cent came as a surprise and was More...

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By On Thursday, September 5th, 2019

Jio Fiber Plans, Price, Launch Time Today: Details You Need to Know

NEW DELHI : Jio Fiber launch day is here, specifically, its commercial launch. After a wait for over a year, Reliance Jio has announced all the key details about its fibre broadband service today. The company has More...