India as the world's fastest growing major economy:India's Economic Survey report

Finance Minister Arun Jaitley

India's Economic Survey for 2017-18 has pegged the country's growth at 6.75 per cent for the current fiscal and 7 to 7.5 per cent for 2018-19 while cautioning that increase in crude oil prices in international market may dampen the spirit.

Finance Minister Arun JaitleyIndia's Economic Survey for 2017-18Goods and Services TaxIndia's Economic Survey20182019.EconomicsurveyGST

India has "enormous growth potential" compared to other emerging economies:World Bank report

The World Bank

The World Bank :With an "ambitious government undertaking comprehensive reforms", India has "enormous growth potential" compared to other emerging economies, the World Bank said on Tuesday, as it projected country's growth rate to 7.3 per cent in 2018 and 7.5 for the next two years.

India, despite initial setbacks from demonetisation and Goods and Services Tax (GST), is estimated to have grown at 6.7 per cent in 2017, according to the 2018 Global Economics Prospect released by the World Bank here.

The World BankIndia's best economic growthPM Narendra ModiGSTGoods and Services Tax (GST)

Govt announces GST cut on over 210 items 132 days after rollout


Making the biggest change in the four-month-old goods and services tax regime, the GST Council on Friday moved 80 per cent of items in the top 28 per cent tax bracket to lower rates. Starting November 15, eating out could cost up to 13 per cent less than before (GST rate cut from 18 per cent to 5 per cent) and a whole host of consumer products like shampoo, deodorant, chocolates, fans, furniture and sanitary fittings should get cheaper by up to 10 per cent or more.

GSTGovt announces GST cut on over 210 itemsGST cut

Rahul Gandhi comes clean on, who is responsible for his popularity on Twitter

Rahul Gandhi,Congress vice-president Rahul Gandhi

 Congress vice-president Rahul Gandhi on Sunday clapped back at critics who have been questioning the sudden surge in his Twitter popularity with one hilarious tweet, putting to rest the mystery regarding "who" manages his social media accounts.

"People (have) been asking who tweets for this guy... I'm coming clean..it's me..Pidi..I'm way cooler than him. Look what I can do with a tweet..oops..treat!" Rahul tweeted along with a video of an adorable puppy performing a trick.

Gabbar Singh TaxGSTRahul GandhiCongress vice-president Rahul GandhiRahul Gandhi popularity on TwitterRahul Gandhi Twitter

High Court Slams The PIL Filed Against Mersal In Style


Vijay's Mersal is one of the few films to face heaps of controversies before and after it's release. Yet again, an advocate named Ashvathaman filed a Public Interest Litigation (PIL) on Monday against Mersal, asking for the High Court to revoke the censors certificate and to remove the dialogues spoken about GST and healthcare.

Vijay's MersalMersalExecutive producer of Aditi RavindranathThenandal Studios LimitedAdhirindhipublic interest litigationGSTHigh Court Slams The PIL Filed Against Mersal In Style

Actors free to enter politics, but voters are final judges: Minister Sellur K Raju

Minister Sellur K Raju

Raju, along with Corporation Commissioner Aneesh Sekhar, inspected the wards 90 and 91 in his constituency of Madurai West. During his visit, people thronged to meet Raju and registered their grievances. They informed him that water supply was not regular and sewage water mixed with drinking water. 

After hearing their grievances, Raju promised that their problems would be addressed in a phased manner. Later, he addressed the media. 

GSTBJP National Secretary H Rajaactor RajnikanthKamal HaasanHandloom Minister OS ManianFinance Minister D JayakumarMG RamachandranJ JayalalithaaAIADMKCorporation Commissioner Aneesh Sekhar

Post-Amarnath terror incident , Mehbooba Mufti on strong wicket

Mehbooba Mufti

The hands-on approach of Jammu and Kashmir chief minister Mehbooba Mufti in handling the Amarnath terror incident has bolstered her position while exposing the Opposition’s “duplicitous response”, senior government functionaries dealing with the incident have told ET.

Jammu and Kashmirchief minister Mehbooba MuftiAmarnath terror incidentNational ConferenceCongressPDPBJPCongress vice-president Rahul GandhiGSTPost-Amarnath terror incidentMehbooba Mufti on strong wicket

It is ‘Good and Simple Tax’, claims Union Minister of State for Civil Aviation Jayant Sinha

Jayant Sinha

Sinha explained that it was the key for providing better education, healthcare and infrastructure. Stating that contribution of tax to GDP in India stood at a mere 16 to 17 per cent, he claimed that it is less than our competitor China where it is 21 to 22 per cent. He pointed out that check posts have been removed in 22 States and this has reduced cost of transportation by 10 per cent to 30 per cent. 

GDPGSTTamil NaduUnion Minister of State for Civil Aviation Jayant SinhaGood and Simple TaxGST CouncilThe biggest issueJayant Sinha

Extra appalam, pickle with a meal also attract Goods and Services Tax


Shankar R, a sales representative who relies on his neighbourhood eatery for a simple veg meal, was shocked to get an additional bill on July 5. He was charged for extra appalams, pickles and another helping of veggies. 

All the items were billed with GST and given to him. The impact of GST is most acutely felt by people who eat out regularly. Bhargav Ramakrishnan, whose Twitter handle is aptly titled ‘KungFu Bonda’, says, “Extra chutney, extra sambar and extra appalam will be charged extra! 

Extra appalampickle with a meal also attract Goods and Services TaxGST

Kollywood comes to a standstill:Theatres strike

Theatres strike

Tamil Nadu Film Exhibitors Association and the state government on Monday, theatres continued to remain closed throughout the state on Tuesday as well, affecting the Tamil film industry. The association had called for a strike after the state government announced the imposition of 30% local body tax in addition to the Goods and Services Tax (GST). We present the various angles in this developing story...

Tamil Nadu Film Exhibitors AssociationGSTGoods and Services TaxTheatres strikeTamil nadu Theatres strike



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