Economy

This rating has a major impact on the bond markets. The investors need not be worried about the default on payment. This essentially impacts the interest rate for that country’s bonds. 

Following multiple complaints of customers being robbed by restaurants through input tax credit, which is actually paid by suppliers, a specially constituted group of state finance ministers has proposed the change in tax rate.

If you have been wondering about how the changes in GST rules will affect your everyday life, here are the key takeaways from Friday's GST Council meet.

The residents of Vondaraguppe, a village in the Ramanagara district of Karnataka have transitioned to a cashless system, making itself the first such village in the region.

The Supreme Court has given the Narendra Modi government and the RBI two weeks’ time to come up with alternatives to the issue.

The government has forbidden companies from selling the same product at different 'maximum retail prices.'

The new bills are reported to carry advanced security features to prevent counterfeiting.

The rationale behind the move is to introduce international standards in the Indian fuel retail market.

Did you know that you could use only your phone number or Aadhaar to carry out your bank transactions? Or pay all your bills and manage your finances?

If you have been wondering about how GST will affect your everyday life, here is a quick explanation about how this tax legislation will impact the prices of goods and services.