NEW DELHI - Finance Minister Arun Jaitley on Saturday said that generation of cash will become difficult as a result of demonetization coupled with the implementation of the Goods and Services Tax (GST). "Demonetization coupled with the implementation of Goods and Services Tax (GST) regime will make generation of cash a lot more difficult, help towards the objective by creating greater compliance and increasing digitization," 

NEW DELHI - Ram Nath Kovind, a Dalit BJP leader with humble beginnings, was on Thursday elected the 14th President of India defeating UPA candidate Meira Kumar in a straight fight by a huge margin, becoming the first BJP leader and one with RSS background to occupy Rashtrapati Bhavan. Backed by 40 parties, including those outside the ruling NDA, Kovind, 62, a former MP and Bihar Governor, defeated Meira Kumar with a margin of a vote...

MUMBAI - Maharashtra Governor C.V. Rao and Chief Minister Devendra Fadnavis on Thursday evening released a new book on the Prime Minister, 'Marching with a Billion: Analysing Narendra Modi's government at Midterm'. Authored by veteran India Today journalist Uday Mahurkar, the book analyses Modi's performance as the BJP-led NDA government completed three years. Addressing the gathering, Rao said the book has come...

ANANTNAG - In a rare attack on the Amarnath Yatra, terrorists killed seven pilgrims and injured 14 others, including policemen, when they struck at a bus carrying them in Jammu and Kashmir's Anantang district. The bus was attacked in Batengoo around 8.20 p.m. while returning from Baltal to Mir Bazar after darshan, J&K police and CRPF said. The militants also carried out two attacks on security forces in the area. Police sources said, 

NEW DELHI- India early morning on July 1 introduced its biggest tax reform in the 70 years since independence from British colonial rule. The Goods and Services Tax (GST) replaces more than a dozen federal and state levies and unifying a $2 trillion economy and 1.3 billion people into one of the world’s biggest common markets.  The measure is expected to make it easier to do business by simplifying the tax structure and ensuring...

NEW DELHI - Announcing the cancellation of registration of over one lakh companies and identification of 37,000 shell firms for suspected generation of black money and money laundering, Prime Minister Narendra Modi on Saturday warned of "more tough action" against firms helping in hiding unaccounted wealth. Addressing chartered accountants gathered from across the country, he asked them to do some soul searching and weed out...

NEW DELHI - The Goods and Services Tax (GST), India's biggest tax reform since Independence, rolled out past midnight Friday in the precincts of the hallowed Central Hall of Parliament to usher in a new indirect tax regime in an event that sought to evoke memories of the famous 'Tryst with Destiny' night the country got freedom in 1947. A minute after the stroke of midnight, President Pranab Mukherjee and Prime Minister Narendra Modi pressed...

NEW DELHI - Indian passports will henceforth be in both English and Hindi and 10 per cent discount will be given in passport fees to applicants below the age of eight and above 60, the government announced on Friday. "From now on, all Indian passports will be in Hindi and English. We have asked the printing press in Nashik to print passports in these two languages," External Affairs Minister Sushma Swaraj said.