From Unilever cutting sales to rise in financial frauds, here are the top 10 business headlines for the day
A three-judge bench of the Supreme Court will hear plea of a convict seeking review of the court's earlier judgment upholding his death penalty in the Nirbhaya gang rape-and-murder case
The law committee has proposed blocking of input tax credit for errant businesses "with the intent to safeguard government revenue''
Finance ministers of non-BJP-ruled states are likely to discuss on Monday their strategy for the GST Council meet
The Centre has, so far, not given any definite timeline for making the pending compensation cess payments to states, thereby triggering a face-off between the two sides
The GST Council had decided to convert it into a fully govt-owned company in May, 2018
The Council may reset the GST rates on automobiles, hotels, biscuits, matchsticks and outdoor catering services. Listen to the podcast to know more
States are planning to pass resolutions in their legislative assemblies; however, such tactics will be used as the last resort if the Centre continues to stall allocations
Fundamental improvements to the flawed structure needed
The fund is used to compensate the states for revenue shortfall suffered due to roll out of the new indirect tax
The last time GDP grew at a slower pace was in the fourth quarter of 2012-13, when it had expanded only 4.3 per cent
The compensation requirements have increased significantly and are unlikely to be met from the compensation cess being collected, it said
Once the consensus at officers level is reached then it will be put before GST Council meeting
Experts said that the ATF price would come down if it is kept in the 18% GST bracket
Under the Rule 92 of the Central GST (CGST) Act, the claim of the refund has to be made in the RFD 04 form. Thereafter, the officer concerned can accept or reject the claim after his investigations
FM Sitharaman assures sanctity of contracts
Time has come to monitor empirically the buoyancy and elasticity of the tax system
The GST Council has shown willingness to listen and make necessary course corrections
While lower GST would push occupancy and thereby aid room rates, lower corporate tax rate should add to earnings
Removal of compensation cess on all manufacturers of aerated drinks brought some breather for beverage majors