The Reserve Bank of India (RBI) is working towards a formal co-origination model to give a boost to the flow of credit to the micro,
Day: June 16, 2017
GST impact: 28% tax rate on consumer appliances worries fan manufacturers–Business Standard–16-06-2017
According to rough estimates unless government intervenes the immediate price rise of fans could be at least four to five per cent The Rs 6000
GST does not call for distress sales–Economic Times–16-06-2017
Afire sale ahead of the roll out of the goods and services tax is undoubtedly beneficial for consumers, but disruptive for industry and the overall
Steel ministry pins hopes on spurt in infrastructure spending–Economic Times–16-06-2017
Steel ministry is pinning its hopes on a spurt in infrastructure spending to provide a much needed boost to domestic steel demand. It expects at
ITR E filing: E-filing income tax return: How individuals can upload any ITR using excel utility – The Economic Times—-16-06-2017
Only ITR 1 and ITR 4 forms, filed by the individual taxpayers, can be filled online without downloading any software. Every year the Income tax
GST return filing: Excel sheet format to come on June 25 – The Economic Times–16-06-2017
Just five days before the Goods and Services Tax (GST) is rolled out, GST Network will on June 25 launch an offline excel sheet format
Income tax mop-up begins on strong footing, up 26.2% till date–16-06-2017
Net income tax collection till June 15 grew at a healthy 26.2 per cent to Rs 1,01,024 crore from across the country as of June
Bill to deal with crisis in banks, insurers gets Cabinet go-ahead–Indian Express–16-06-2017
To protect the stability and resilience of the financial system, protect public funds and obligations of consumers up to a reasonable limit, the Union Cabinet
Opt for family floater with restoration benefits–Business Standard–16-06-2017
The restoration option doubles the cover if the policyholder exhausts the sum insured. Say, you have health insurance of Rs 10 lakh. You run up
Come Sunday, rules will be finalised to stop firms from cashing in on GST–Business Standard-16-06-2017
Once the rules on ‘e-way bill’ are finalised it would be clear whether the GST Network alone would be developing the platform for it or
GST regime: Builders must pass on lower rates to buyers, says FinMin–Otherwise, the action would be violation of the anti-profiteering clauseBusiness Standard–16-06-2017
The government on Thursday asked builders to pass on the benefit of lower tax under the goods and services tax (GST) system to buyers by
NPA recovery–A good start–Business Standard–16-06-2017
On Tuesday, the independent advisory committee that the RBI has set up to advise on loan resolution chose 12 large non-performing accounts for resolution under
Where are the jobs?–Business Standard–16-06-2017
The latest evidence of India’s anaemic jobs growth comes from the Manpower Group. In its Employment Outlook Survey for July-September, 2017, the human resource consulting
Current account deficit widens in Q4 to 0.6% y-o-y–Business Standard–16-06-2017
India’s current account deficit (CAD) in the fourth quarter (Q4) widened to $3.4 billion, or 0.6 per cent of gross domestic product (GDP), against $0.3
Propping up the RBI’s credibility–Economic Times–16.06-2017
While considerations of growth would have made a rate cut a positive gesture of accommodation, the Monetary Policy Committee’s (MPC) decision to hold its policy
The only way to push up lending, growth is to draw on political capital–Economic Times–16-06-2017
Finance minister Arun Jaitley did the right thing by making it clear that the government respects the RBI’s decision on policy rates, something that is
Economic data deceive to dispirit–Economic Times–16-06-2017
Consumer prices for May show inflation at the lowest level since 2001, at 2.18%. A good harvest, in combination with the lingering effects of the
All our econometric models which we draw for projecting inflation have gone for a toss: Madan Sabnavis, Chief Economist, CARE Ratings. – The Economic Times–16-06-2017
In an exclusive interview to ET NOW, Madan Sabnavis, Chief Economist, CARE Ratings says that lowering interest rate cannot be a panacea for an economy
GST: Scanning the new rates for printers – The Economic Times–16-06-2017
A distinction between printers and multifunctional printers, which have copying machines, scanners rolled into one, by making an exception for the latter in the 18%
Granite industry calls for reduction in 28 per cent GST – The Economic Times–16-06-2017
The Granite industry today urged the government to lower the GST rate of 28 per cent on granite polished slabs as higher taxes would impact
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