FM Nirmala Sitharaman chaired the GST Council meeting attended by state finance ministers.

GST Council votes for the first time to levy 28% tax on all lotteries

Deadline for filing annual return and reconciliation statement for 2017-18 extended to January 31. Read more »
FM Nirmala Sitharaman may agree with states on GST rate hike.

GST update: Centre, states may agree to raise rates, rejig slabs

The GST Council meet on December 18 to take call on hikes amid a huge shortfall in revenue collections. Read more »
Finance Minister Nirmala Sitharaman chaired the GST Council meet

Income tax rates: FM Nirmala Sitharaman hints at cuts, but there is hardly any room

The fiscal deficit overshot the annual target set by Nirmala Sitharaman in her maiden Union Budget in just seven months. Read more »
RBI Repo Rate

Do your bit to boost GDP growth, RBI signals to govt, industry

RBI did the right thing in pressing the pause button on rate cuts; economy need concerted efforts from policy makers, banks and businesses Read more »
A vegetable vender in Mumbai. Indian economy is mostly in informal sector

OECD bullish on India, pegs GDP growth at 5.8% in 2019

The OECD growth estimate of 5.8% for the calendar year 2019 is more optimistic than the RBI prediction. Read more »