The Centre’s fiscal deficit rose to ₹3,73,361 crore or 68.3 per cent of the full year target till May 2017. However, the revenue deficit rose
Day: July 1, 2017
Real estate sector sees input tax credit as game-changer–Business Line–01.07.2017
The monsoon season is typically a lean period for real estate sector players, with the number of transactions slowing down. However, this year, the sector
It’s a pointer towards a more mature economy: Ashok Lavasa–Business Line–01.07.2017
Critics have said that after demonetisation, the launch of GST will further impact growth. Your views? The effects of demonetisation are over and remonetisation has
Great Step Taken for a unified market–Business Line–01.07.2017
Constituting around 14-15 per cent of India’s GDP vis-à-vis some 8 per cent in OECD economies, India’s inefficient logistics sector impairs its cost competitiveness. Single
Small traders look for nifty ways to avoid GST net–Business Line–01.07.2017
The shift to the Goods and Services Tax regime (GST) has caused quite a stir among small-sized businesses that are put off by the compliance
Why GST rollout is a watershed moment for India: Explained in 10 points–Financial Express–01.07.2017
GST rollout: When the world would sleep tonight, India would wake to the new ‘One tax, One Nation’ Goods and Services Tax (GST) regime. The
GST era win-win situation for all, says HUL chief Harish Manwani
Harish Manwani The country’s largest consumer goods company, Hindustan Unilever Ltd (HUL), says it is ready for goods and services tax (GST). It says it
GST preparedness: As registration rises, small traders remain jittery–Business Standard–01.07.2017
Karnataka seems to have taken the lead in migration to the goods and services tax (GST) regime, with almost all traders moving to the new
T N Ninan: China 5; India 1–Business Standard–01.07.2017
The principal international challenge for India in the coming years has to be coping with China’s rise and growing assertiveness. Beijing’s reminder this past week
GST launch: Short, medium & long-term impact of new tax regime explained–Business Standard–01.07.2017
At the stroke of midnight on Friday, June 30, India’s goods and services tax (GST) will become official. The sixteen-year-in-the-making taxation system overhaul – which
There’s no doubt GST will boost GDP, says Narayana Murthy
Infosys founder N R Narayana Murthy believes the goods and services tax (GST) will simplify trade, boost the economy, and generate jobs. While the GST
GST impact: Affordable housing to get fillip; luxury homes to get costlier–Business Standard–01.07.2017
The government’s initiative to make housing affordbale is set to get yet another boost under the new goods and services tax (GST) regime. However, prices
Nobody is fully prepared for GST, says Kishore Biyani–Business Standard–01.07.2017
Future Group CEO Kishore Biyani believes that the goods and services tax has multiple implications for his industry. While the near-term will be challenging, the
Core sector growth up 3.6% in May from 2.8% in April on energy push–Business Standard–01.07.2017
Core sector output rose by 3.6 per cent in May, up from the 2.8 per cent rise the previous month of April. The improving pace
GDP to face GST hiccups: Economists–Business Standard–01.07.2017
The goods and services tax (GST) might adversely affect economic growth in the initial part of 2017-18 before providing a boost from the fourth quarter
GST an efficient and simple system, will check tax evasion: Arun Jaitley–Economic Times–01.07.2017
Finance minister Arun Jaitley told Deepshikha Sikarwar in an interview that prices should decline after the goods and services tax (GST) is in place July
Senior citizen health insurance plans are restrictive. Read on to find out how – The Economic Times–01.07.2017
Co-payment is typically a mandatory feature in all senior citizens health insurance plans. Before buying, get clarity on the applicability of co-payment…. The cost of
Stress in the economy could worsen NPA woes: RBI – The Economic Times–01.07.2017
The health of India’s banking system deteriorated further in the second half of last fiscal year due to rising bad loans and eroding profitability, but
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