Business

Bhubaneswar: Chief Minister Mohan Charan Majhi Thursday said that Odisha will majorly benefit from the reforms in the Goods and Services Tax (GST) announced during the 56th GST council meeting held in New Delhi. Speaking to media persons, CM Majhi said, as promised by Prime...

New Delhi: The government's decision to exempt individual health and life insurance premiums from Goods and Services Tax (GST) complements Ayushman Bharat and PMJAY by expanding private coverage, reducing out-of-pocket expenditure, and driving the mission of Health for All, the Health Ministry said Thursday. This...

When it comes to building wealth and reaching long-term financial goals, investing wisely is essential. Many people are turning to mutual funds as a reliable option, given their ability to diversify risk and deliver steady returns over time. But for beginners, the process of selecting...

New York: A key US lawmaker, Rep. Gregory Meek,s said President Donald Trump's arbitrary tariffs against India “threaten” the “vital relationship” between the two countries. Meeks, a ranking member of the House Foreign Affairs Committee Democrats, Wednesday (local time) underscored “Congress's support for the US-India...

New Delhi: After the GST Council approved historical changes to India's indirect tax structure, several daily-use goods will become cheaper from September 22. The new tax structure, adopted on Wednesday, has two major slabs now 5 per cent and 18 per cent, and a whopping...

Mumbai: The Indian benchmark indices opened higher Thursday, buoyed by transformative rate reductions announced by the GST Council across sectors. As of 9.25 am, the Sensex was up 554 points or 0.69 per cent, at 81,122, and the Nifty was up 159 points or 0.64...

New Delhi: GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after the all-powerful GST Council Wednesday approved a complete overhaul of the tangled Goods and Services Tax regime. The...

New Delhi: Union Commerce and Industry Minister Piyush Goyal Wednesday assured Indian exporters that the government is actively engaged in creating an enabling environment to help them navigate the challenges arising from rising trade tariffs. The minister chaired a meeting with the Export Promotion Councils...

Washington: As US President Donald Trump reiterated his criticism of trade ties with India Tuesday, American media continues to discuss the implications of the India-US tensions on the country's economic strategy and foreign policy. The Wall Street Journal published a short explainer on the impact...

New Delhi: The GST Council, in its ongoing meeting here, has veered around to bringing consumer goods such as shoes and clothes in the lower price range of up to Rs 2,500 under the lowest GST tax bracket of 5 per cent, according to sources....