Sat, Dec 21, 2024
The GST Council has made a host of decisions concerning a variety of areas including certain snacks, electric vehicles (EVs) and construction materials. Finance and Corporate Affairs Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council in Jaisalmer, Rajasthan. Here are some of the key takeaways from the 55th meeting of the GST Council.
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Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chaired the 55th meeting of the GST Council in Jaisalmer, Rajasthan, on Saturday.
As the GST Council gathers up for its 55th meeting, a number of key decisions are in the spotlight, including a lower tax rate on insurance products and the inclusion of aviation turbine fuel (ATF) in the indirect tax regime. The meeting began in Jaisalmer in Rajasthan on Saturday morning. The all-powerful GST Council is chaired by Finance Minister Nirmala Sitharaman and comprises her state counterparts.
Sun, Oct 20, 2024
As per existing government guidelines, there can be one Chief General Manager (CGM) for four General Managers in a public sector bank (PSB).
Prime Minister Narendra Modi on Sunday inaugurated a host of development projects in Varanasi, Uttar Pradesh.
Mon, Oct 14, 2024
Wholesale Inflation News: Wholesale inflation, measured by the Wholesale Price Index (WPI), worsened to 1.84 per cent in September from 1.31 per cent the previous month amid a spike in food prices, showed official data released at noon on Monday. Separate data on retail inflation, measured by the Consumer Price Index (CPI), was due at 5:30 pm the same day.
"Financial stability is the essential reason why central banks exist," Reserve Bank of India (RBI) Governor Shaktikanta Das said in his keynote address at a high-level conference organised in the national capital on Monday, October 14. His remarks came days after the Monetary Policy Committee decided to maintain the repo rate at the existing level of 6.5 while switching to a 'neutral' policy stance from 'withdrawal of accommodation'.
Thu, Oct 10, 2024
The second 'All India Rural Financial Inclusion Survey (NAFIS) 2021-22 found that the the average monthly income grew by 57.6 per cent, from Rs 8,059 in 2016-17 to Rs 12,698 in 2021-22.
Tue, Oct 01, 2024
The central government's gross collections of Goods and Services Tax (GST) stood at Rs 1.73 lakh crore in September, marking an increase of 6.5 per cent over the corresponding period a year ago, according to official data released on Tuesday.
Thu, Sep 26, 2024
For the remaining part of the financial year, according to the Finance Ministry, a reasonable expectation is that public expenditure will pick up, providing added growth and investment impetus.
Wed, Sep 18, 2024
As of September 15, the government's advance tax collections stood at Rs 4.23 lakh crore and net direct tax collections at Rs 9.92 lakh crore, up 19 per cent and 15 per cent over a year ago, according to official data released on Wednesday.
Fri, Sep 13, 2024
Speaking at an event in Singapore, RBI Governor Shaktikanta Das highlighted that this unprecedented level of debt poses significant risks, particularly for emerging market economies (EMEs) and low to middle-income countries.
Sun, Sep 08, 2024
While exports grew by 15 per cent in the rupee terms between 2021-22 and 2023-24, the outstanding credit in March 2024 dropped by 5 per cent over the same month in 2022, according to exporters.
Thu, Sep 05, 2024
Stressing that India's growth story is intact and banks have robust balance sheets, the RBI Governor exhorted the private sector to step up investments in a big way.
Sun, Sep 01, 2024
Goods and Services Tax (GST) revenues in August last year were Rs 1.59 lakh crore, while in July the mop-up was Rs 1.82 lakh crore.
Fri, Aug 30, 2024
India's gross domestic product (GDP) expanded 6.7 per cent in the April-June period, showed official data released on Friday.
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