Hasmukh Adhia

GST compensation paid to states declines to Rs 11,900 cr during Aug-Sep against Rs 14,930 cr in June-July period

The government collected a record Rs 1,00,710 crore from Goods and Services Tax (GST) in the month of October. The returns filed and taxes collected in October reflect purchase and sale activities of September

Union Cabinet likely to consider proposal to convert GST Network into government-owned company today

Currently, the Centre and states together hold 49 percent stake in GST Network, the company that provides IT backbone to the new indirect tax regime

Narendra Modi could host meeting this weekend to review state of economy; may take stock of rupee, fuel price crises

Opposition parties led by Congress have made spiralling fuel prices and plummeting rupee a political issue and questioned the efficacy of the government's economic policies.

CBI rift: PMO steps in to secure truce between warring factions led by director Alok Verma and deputy Rakesh Asthana

The PMO decided to move in as previous attempts to reach out to the rivals failed to break the ice

Bad loans issue: Raghuram Rajan called by Parliamentary panel to brief on mounting NPAs

The banking sector is grappling rising NPAs which touched Rs 8.99 trillion or 10.11 percent of the total advances at December-end 2017.

Rajeshwar Singh's scathing allegations in letter to Hasmukh Adhia highlights fracas between ED, Centre

ED not only contradicted govt's submission in the court, it went a step further and came out all guns blazing by demolishing content of 'secret report' against Rajeshwar Singh and vouched for impeccable integrity.

No enquiry into gifts sent to Hasmukh Adhia as he didn't accept them, says govt

Adhia, who is also the Finance Secretary, had written that the items were delivered to his house in his absence and therefore, "he could not even refuse them".

NPA crisis: CEA Arvind Subramanian praises Raghuram Rajan for identifying lacuna in banking sector

Subramanian who appeared before the Parliament's committee on estimates was not convinced that the NPA issue would be resolved within a year or two, as claimed by the bankers, sources said.

GST collections will exceed Rs 13 lakh crore in current fiscal, says finance minister Piyush Goyal

Goyal said with more number of people coming under GST, and successful implementation of e-way bill system, there will be scope for rationalisation of tax slabs

Govt targets roll out of new GST return forms by 1 January, says Hasmukh Adhia

The GST Council had in its last meeting on 4 May approved the design of new return forms.