The central allocation of Rs 25,000 crore, in addition to Rs 4.13 trillion given in the Union Budget, would be provided to states for capital expenditure
This was the third meeting in a row that discussed compensation shortfall without a decision
The GST Council meeting is underway. FM Nirmala Sitharaman is expected to address the media sooon
From Nirmala Sitharaman announcing schemes worth Rs 73,000 cr to boost consumer demand to FB appointing Sunil Abraham for tech policy, Business Standard brings you top headlines of the day
The govt estimates that today's announcements will give a Rs 73,000 cr boost to demand in the economy in this financial year
Finance Minister Nirmala Sitharaman said festival advance was discontinued from 6th Pay Commission for central government employees
The projected total compensation shortfall in current fiscal stands at Rs 2.35 trillion
The ministry said certain representations have been received stating that certain tables in the auto populated GSTR-9 for the year 2018-19 also include the data for the financial year 2017-18
A total of 33 housing projects with an investment of Rs 4,197 crore have been accorded final approval under SWAMIH fund which will lead to the completion of 25,048 home units, FM Sitharaman said
Buyback tax provision and steep valuations may deter companies still playing safe in the coronavirus pandemic, say analysts
Sitharaman says the recent agricultural reforms were designed for the welfare of farmers
The Goods and Services Tax (GST) Council meeting on compensation for the states remained inconclusive on Monday, with 20-21 states opting for the Reserve Bank of India (RBI) window of Rs 1.10 trillion (earlier it was Rs 97,000 crore) and around 10 states insisting the Centre borrow and disburse the money. The next meeting is now scheduled for October 12. Watch video for more
From deadlock over GST compensation dominating council meeting to DoT looking for more spectrum to meet 5G demand, here are top headlines this morning
States don't issue their own currency, and are by definition a more fragile borrowing construct than the Union. The final solution must reflect this asymmetry
After high drama at GST Council meet, FM Sitharaman agreed to reconvene to reach consensus
About two thirds of states opt for RBI-window of Rs 1.10 trillion, rest still want the Centre to borrow instead
GST Council meeting, conducted via videoconference, was held to consider the two borrowing options offered to states in August to meet their shortfall in GST collections
Union Finance Minister Nirmala Sitharaman will chair the 42nd Goods and Services Tax (GST) Council meeting at 11 am on Monday
Asserts that recent trends of economic recovery are testimony to government's intervention
The Finance Ministry issued a Budget circular on Thursday evening, which contains necessary instructions and deadline for submission of details by different central ministries and departments