Journalism of Courage
ECONOMY NEWS - Page 199
GST council meeting highlights: 178 items moved to 18% tax bracket, revised rates from Nov 15, says Arun Jaitley
November 10, 2017 20:36 IST
GST Council meeting LIVE: Finance Minister Arun Jaitley said 178 items have been moved from 28 per cent to 18 per cent GST slab and that the changes will be applicable from November 15.
GST Council meeting today, likely to prune items in 28% tax slab; most daily-use items may be lowered to 18%
November 10, 2017 10:54 IST
The GST Council may consider pruning items in the 28 per cent tax slab and slash rates for daily use items, plastic products and hand-made furniture.
Assessing demonetisation impact: Parliamentary panel quizzes Finance Ministry officialsSubscriber Only
November 10, 2017 02:30 IST
Some members expressed their concern over the effect of demonetisation on the country's image for investors considering that India was no longer the fastest-growing big economy as was evident from the latest GDP growth data.
GST Council meeting today: Congress states flag sustainability of compensation, lower revenueSubscriber Only
November 10, 2017 02:13 IST
Right time to bring real estate, petroleum, electricity under GST: Punjab, Karnataka & Puducherry.
Between January-August 2017: 2 million jobs lost sequentially, 6 million added on year-on-year basis
November 9, 2017 05:50 IST
Demonetisation led to an immediate and significant fall in labour participation rate, as per the latest report of CMIE.
Marketing chief asks APMCs to ensure adherence to MSPSubscriber Only
November 9, 2017 01:32 IST
At the start of the kharif harvest, markets across Maharashtra had reported a sharp slide in prices, with commodities such as soybean, moong, urad, among others, being traded well below the central government-specified Minimum Support Price.
GST Council meeting: Quarterly return filing for all, real estate inclusion on the table
November 9, 2017 00:42 IST
The proposal to have monthly tax payments and quarterly returns filing for all taxpayers was discussed in the previous GST Council meeting as well.
One year of demonetisation: As cash returned, so did gold smugglingSubscriber Only
November 8, 2017 01:46 IST
Till October 2017, Mumbai Customs had seized 243 kg of smuggled gold worth Rs 61.85 crore.
Goods and Services Tax: ‘Less items likely in top slab; single rate possible in future’Subscriber Only
November 8, 2017 01:41 IST
This came on a day when finance minister Arun Jaitley hinted at pruning the list of items in the highest GST tax bracket of 28 per cent after revenue in the new regime equalise collections previously.
Growth in e-filing of tax returns up by 17 per cent post demonetisation
November 7, 2017 16:42 IST
The I-T department has already chosen 20,572 tax returns for "detailed scrutiny" suspecting discrepancies in incomes before and after demonetisation
Economic reforms to help support long-term growth: BMI Research
November 7, 2017 14:31 IST
India's ranking on the World Bank's 2018 Ease of Doing Business index improved significantly to 100/190 countries - a 30 notch jump from its previous position.
One year of demonetisation: Auto sales rebound; credit growth, SMEs, realty face lingering painSubscriber Only
November 7, 2017 06:39 IST
Demonetisation, along with GST, continue to squeeze small, medium firms in the informal space.
One year of demonetisation: Tax compliance better, more funds for banksSubscriber Only
November 7, 2017 07:18 IST
According to Income Tax Department, these figures show “marked improvement in the level of voluntary compliance” as a result of action taken on the basis of data of cash deposits following demonetisation.
Revenue Secretary Hasmukh Adhia designated as Finance Secretary
November 6, 2017 19:52 IST
Adhia is a 1981 batch IAS officer of Gujarat cadre. As per the convention, the senior most secretary in the Finance Ministry is appointed as the Finance Secretary.
Cash comes at a cost, nation moving towards digital economy: Arun Jaitley
November 6, 2017 19:13 IST
Prime Minister Narendra Modi announced on November 8 last year the scrapping of old Rs 500 and Rs 1,000 notes as part of the government's efforts to fight black money and corruption.
Govt may review monthly GST return filing process
November 6, 2017 14:48 IST
Under the GST regime rolled out from July 1, the government has allowed businesses to file initial returns and pay taxes by filing up form GSTR-3B by the 20th day of next month.
Directors’ disqualification only from defaulting firms, Corporate Affairs Ministry clarification soonSubscriber Only
November 6, 2017 03:51 IST
Last September, the ministry issued a statement saying that it had identified 1,06,578 directors of companies that did not file their financial statements for three straight years.
Deregistered firms deposited Rs 17,000 crore post note ban
November 6, 2017 03:47 IST
In one case, a company which had a negative opening balance on November 8, 2016, deposited and withdrew Rs 2,484 crore post demonetisation.
Council to consider slashing GST on common use goods
November 5, 2017 14:47 IST
The Council, headed by Finance Minister Arun Jaitley, is scheduled to meet on November 10 to consider lowering of the 28 per cent GST rate on certain common use items, government officials said
PM Modi hints at more measures for businesses on GST
November 4, 2017 16:32 IST
The GST Council had announced several measures to ease problems faced by businesses last month.
India to be high middle income economy by 2047: World Bank CEO
November 4, 2017 16:15 IST
Comparing the achievement of securing 100th rank in the latest Doing Business Report to hitting century in cricket parlance, World Bank CEO Kristalina Georgieva said a jump of that nature is very rare since the beginning of the survey 15 year ago.
World Food India 2017: India most preferred investment destination in food processing sector, says PM ModiSubscriber Only
November 4, 2017 09:49 IST
Prime Minister Narendra Modi further applauded India’s jump in World Bank’s ease of doing business rankings. “India has jumped 30 ranks this year in the World Bank Doing Business rankings.
Ease of business ranking: World Bank did not consider 122 reforms, says DIPP secySubscriber Only
November 2, 2017 02:31 IST
We have recommended 90 more reforms in various departments under states, basically in Delhi and Mumbai, for implementation during this year, said Ramesh Abhishek.
GST technical glitches: Questions raised over Infosys leadership vacuum
November 2, 2017 01:46 IST
Finance ministry official said that though the government has defended Infosys publically, everyone knew the glitch was with the handling of GSTN project by Infosys.
Indian shares hit record highs; Bharti Airtel surges
November 1, 2017 12:40 IST
A World Bank report which said India jumped 30 spots to the 100th position in the ranking of countries in terms of Ease of Doing Business raised hopes of continued foreign direct investment inflows into the country.
Advertisement
Live Blog
Advertisement
Best of Express
Cities68 murdered in Maliana, all accused acquitted 36 years later, residents ask: So who killed our families?
EntertainmentDon 3 teaser: Ranveer Singh's first look revealed, says '11 mulkon ki police dhoondti hai mujhe'
EntertainmentRajinikanth's Jailer sells 9 lakh tickets, Gadar 2 rules the North with 3 lakh ticket sales: What Independence Day weekend at movies looks like
ExplainedExplained: ISRO’s record-breaking LVM-3 Mission and what It means for India’s future space flights
Advertisement
