Finance Secretary Hasmukh Adhia

GST in 'smooth phase', return simplification high on agenda, says finance secretary Hasmukh Adhia

Finance Secretary Hasmukh Adhia on Tuesday said Goods and Services Tax (GST) has entered a "smooth phase" within a year of its rollout, with "pretty good" tax compliance and the efforts will now be to simplify tax return forms

GST Council approves making GST-Network a government entity; simplifies return filing process

Since its implementation on 1 July 2017, the GST Council has made some 376 changes by amending rules.

Petrol, diesel price hike: Govt rules out excise duty cut to cushion fuel prices

The government on Monday ruled out any immediate reduction in excise duty to cushion relentless rise in international oil prices that have sent retail diesel rates in India to record high and petrol to four-year high

E-way bill hurls movement of goods back into chaos, signals the return of the Inspector Raj on highways

The e-way bill rules have been modified this time round, following representations from industry based on the aborted and short-lived tryst with e-way bill two months ago

GST: Finance ministry asks businesses to register on e-way bill platform ahead of 1 April roll-out

The GST Council, earlier this month, decided on a staggered rollout of the e-way bill starting with inter-state from 1 April and intra-state from 15 April

GST: Initial revenue sacrifice to increase compliance, says Finance Secretary Hasmukh Adhia

Hasmukh Adhia said the tax payer base has gone up after the GST roll out as well as demonetisation and there has been a concerted effort to make India a tax compliance society

Agriculture experts pitch for income security for farmers in Union Budget 2018-19

This was the first pre-Budget meeting with stakeholders and more such discussions will take place in the coming days with other sectors and stakeholders.

Moody's India upgrade: Hope other rating agencies follow suit, says CEA Arvind Subramanian

US-based Moody's on Friday upgraded India's sovereign rating after 13 years to Baa2 with a stable outlook, from Baa3 earlier.