GST

GST Council meet: List of items that will become cheaper

GST Council meet: List of items that will become cheaper

Finance Minister Arun Jaitley announced that GST rate on 27 items have been reduced.

Oct 06, 2017, 20:51 PM IST
GST: Jaitley announces e-wallet for exporters, relief to SMEs

GST: Jaitley announces e-wallet for exporters, relief to SMEs

In a relief to small and medium enterprises, the GST Council has raised the turnover threshold to Rs 1 crore for businesses to avail of the composition scheme that allows them to pay 1-5 per cent tax without going through tedious formalities.

Oct 06, 2017, 20:28 PM IST

'Gradual recovery on cards, FY'18 GVA growth likely at 6.7%'

On inflation, the report said it has risen from its trough, but mainly due to supply-side factors (food and GST) or statistical factors (HRA), while the demand-push inflation is largely absent.

Oct 06, 2017, 17:39 PM IST
GST Council doles out sops for SMEs; composition scheme limit raised to Rs 1 cr

GST Council doles out sops for SMEs; composition scheme limit raised to Rs 1 cr

The GST Council discussed issues faced by small traders and requested quarterly filing of returns for small businesses.

Oct 06, 2017, 16:25 PM IST
October 6, 2017: News at a glance

October 6, 2017: News at a glance

1. GST Council meet expected to provide relief to exporters

Oct 06, 2017, 10:26 AM IST
GST Council meet: Relief package likely for small businesses, exporters

GST Council meet: Relief package likely for small businesses, exporters

The full fledged meeting of the Goods and Services Tax (GST) Council is also likely to assess the improvements in the GST Network's functioning.

Oct 06, 2017, 08:58 AM IST
GST Council to meet today; exporters may get some relief

GST Council to meet today; exporters may get some relief

The full fledged meeting of the GST Council is also likely to assess the improvements in the GST Network's functioning.

Oct 06, 2017, 00:04 AM IST
Modi, Jaitley, Shah brainstorm on economy; major announcements likely

Modi, Jaitley, Shah brainstorm on economy; major announcements likely

Amid continued opposition attack over economic slowdown, PM Narendra Modi on Thursday held a crucial meeting with BJP chief Amit Shah and Finance Minister Arun Jaitley.

Oct 05, 2017, 16:53 PM IST
Services sector returns to growth in Sept on stronger demand

Services sector returns to growth in Sept on stronger demand

The Nikkei India Services PMI Business Activity Index rose to 50.7 in September -- from 47.5 in August -- a reading that pointed to a slight pace of expansion.

Oct 05, 2017, 10:53 AM IST
RBI knives overall growth to 6.7% but says worst behind us

RBI knives overall growth to 6.7% but says worst behind us

The Goods and Services Tax has led to some uncertainty in the manufacturing sector, which is likely to delay revival of investment activity, it said.

Oct 04, 2017, 22:16 PM IST

SpiceJet pitches for bringing ATF under GST

Aviation turbine fuel (ATF) accounts for a significant chunk of an airline's operational costs which also has an impact on air ticket prices.

Oct 04, 2017, 21:28 PM IST

RBI should have cut interest rate to boost growth: India Inc

In its last review in August the Reserve Bank had slashed the benchmark lending rate by 0.25 percentage points to 6 per cent, the lowest in six years.

Oct 04, 2017, 18:59 PM IST

GST anti-profiteering body: Govt to examine contours tomorrow

The chairman and members of the authority will have a term of two years or until they attain the age of 65 years, whichever is earlier, and shall be eligible for reappointment.

Oct 03, 2017, 17:03 PM IST

GST anti-profiteering body: Govt to examine contours tomorrow

The chairman and members of the authority will have a term of two years or until they attain the age of 65 years, whichever is earlier, and shall be eligible for reappointment.

Oct 03, 2017, 17:03 PM IST
India's manufacturing output expands in September

India's manufacturing output expands in September

An index reading of above 50 indicates an overall increase in economic activity and below 50 an overall decrease.

Oct 03, 2017, 14:07 PM IST
India improving on competitiveness index, but large ailments remain

India improving on competitiveness index, but large ailments remain

In a major hopeful boost to the dwindling India growth story, the report stated that among the emerging markets that were seen to have great potential in the early 2000s, Brazil and Turkey have lost much of what they had gained before 2013, while China, India and Indonesia continue to grow strong.

 

Oct 03, 2017, 11:20 AM IST
Fitch lowers India's growth forecast to 6.9%

Fitch lowers India's growth forecast to 6.9%

Fitch Ratings said the global economy has improved markedly this year and is on course to recording its fastest expansion since 2010.

Oct 02, 2017, 19:03 PM IST
Tata Motors to roll out electric Tigor from Sanand plant

Tata Motors to roll out electric Tigor from Sanand plant

At present, the company rolls out the conventional version of the compact sedan, hatchback Tiago and entry-level car Nano from the Sanand plant, which has an annual capacity of 2.5 lakh units.

Oct 02, 2017, 12:40 PM IST
Arun Jaitley says, Changes have come in functioning of Internal Revenue Service

Arun Jaitley says, Changes have come in functioning of Internal Revenue Service

Union Finance Minister Arun Jaitley said that changes have come in the functioning of Internal Revenue Service(IRS). He also said that the government is constantly working towards improvement.

Oct 01, 2017, 18:56 PM IST
Scope for reducing GST slabs, hints Arun Jaitley

Scope for reducing GST slabs, hints Arun Jaitley

Emphasising that indirect tax burden is borne by all sections of the society, the minister said it is always the endeavour of the government to bring down tax rates on mass consumption commodities.

Oct 01, 2017, 12:10 PM IST