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STATE GOODS AND SERVICE TAX
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...
Hi(gh) Gasoline! US retail sales in May rise on auto powerAmerican shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has ...
How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
France to invest €655 million in AI, set up common chatbot for all state servicesThe French government will create a public health chatbot for state-owned health insurance Ameli agency. "We can either be subjected to th...
Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pcDuring May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contra...
India introduces PPI for goods and services, begins shift from WPIIndia has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a pr...
Trump threatens 100% tariff on French wine over digital tax, says will have 'no choice'US President Donald Trump has issued a stern warning to France. He threatens to impose 100% tariffs on all French wines and champagne. This...
Petrol, Diesel prices on June 14: Check latest rates in Delhi, Mumbai, Bengaluru and other citiesFuel prices remained steady on June 14, 2026, offering consumers a respite after recent hikes. This pause comes despite global crude oil vo...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
World Bank Raises India's FY27 Growth Forecast to 6.6%India's economic growth forecast for FY27 has been raised to 6.6 percent by the World Bank. This positive outlook is driven by reduced US t...
Higher ethanol mix tax cut a good driveIndia is rolling out incentives for petrol mixed with higher ethanol percentages, marking a significant step in its commitment to bolster e...
West Bengal: CM Suvendu Adhikari keeps home, Swapan Dasgupta gets finance, Tapas Roy industryVeteran journalist turned politician Swapan Dasgupta was allotted finance while senior-most party leader Tapas Roy, with his long legislati...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
India considers extending import tax exemption on petrochemicals to beyond June 30India will consider extending import tax exemptions on petrochemicals used for making plastics and pharmaceutical goods beyond June 30 to...
Toll collection against construction services provided to NHAI taxable: Rajasthan HCRajasthan High Court ruled toll collection rights are taxable consideration for highway construction. This decision impacts public-private ...
Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...