Mumbai: Jet Airways chief executive officer Cramer Ball has resigned and the airline's whole-time director Gaurang Shetty will work as acting CEO in his place, Jet Airways announced today.Ball's resignation will be effective from February
Washington: In a landmark move signalling that the US has finally moved beyond the 2007-2008 financial crisis, America's central bank, the US Federal Reserve, on Wednesday announced its first interest rate increase in more than
Maharashtra, India's most industrialised state, and Uttar Pradesh (UP), the most populous, expect to get at least Rs 60,000 crore and Rs 65,000 crore, respectively, per year, once the Centre implements the goods and services
New Delhi: Assuring the GST rate to be less than 18 per cent, Finance Minister Arun Jaitley today hinted at accepting Congress' stand on scrapping one per cent additional tax, but said their demand to
New Delhi: Pitching for an early take-off of the Goods and Services Tax, IMF managing director Christine Lagarde today said it will help India create more jobs, increase revenue as well as promote domestic manufacturing.She
New Delhi: Finance Minister Arun Jaitley said on Wednesday the government will achieve its fiscal deficit target without any cuts in this financial year.He made the statement in the Rajya Sabha after several members objected
New Delhi: The government today increased excise duty on petrol by Rs 0.30 per litre and by Rs 1.17 a litre on diesel to make use of slump in oil prices to garner an additional
New Delhi: Union Finance Minister Arun Jaitley today came down heavily on Congress party for obstructing the passage of the crucial Goods and Services Tax (GST) Bill in the ongoing session of the Parliament.He also
New Delhi: The Supreme Court today sought the Centre's response to a plea of Nestle India Ltd against an order for testing of 16 more samples of Maggi noodles in connection with the government's Rs
New Delhi: In a bid to check generation of domestic black money, the government will soon issue a notification making quoting of PAN mandatory for all cash transactions beyond Rs 2 lakh, Finance Minister Arun
New Delhi: Senior IRS officer A K Jain has been appointed as the new Chairman of the Central Board of Direct Taxes (CBDT), the government said today. He replaces Anita Kapur as the chief of
New Delhi: The draft model law on Goods and Services Tax (GST) will be finalised in a month's time, a top finance ministry official on Tuesday said."We are also working on draft GST model law.
New Delhi: Government expects to mobilise about Rs 10,000 crore revenue in a full fiscal by levying Swachh Bharat Cess (SBC), Parliament was informed today."The government has not fixed any target for SBC during the
New Delhi:The Delhi High Court on Monday sought a response from the centre and the Telecom Regulatory Authority of India on a plea by telecom operators for a stay on TRAI's compensation policy for call
New Delhi: Deflationary trend eased in November with WPI inflation moving up to (-)1.99 per cent as food articles, led by pulses and onion, turned costlier.This is the 13th month in a row when the
Bengaluru: IT Czar Azim Premji, who has donated about $8.5 billion--almost half of his stake holding in Wipro to charitable causes, has appealed to the rich Indians to be more forthcoming in giving away their
We all love to visit restaurants. Love to have the delicious mouth watering food but what we forget is the amount being paid by us. Without understanding the difference between service tax and service charge
New Delhi: Saudi Arabia has stepped up its economic engagement with India with yet another business delegation of nearly 50 members set to visit the country from December 13-18 to explore opportunities in diverse areas
The Indian unit of global beverage maker Coca Cola may have to shut down some of its bottling plants if the government implements a proposal that seeks to impose a 40 per cent “sin” tax,
New Delhi: The government on Friday decided to import 10,000 tonnes of pulses for buffer stock and extend zero import duty on chickpeas and masoor till September 2016 as part of its steps to boost
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