By Iain Marlow and Anirban Nag On the edge of one of India’s biggest slums, Alauddin Ansari opens a paper ledger of daily sales at
Day: July 21, 2017
Rahul Bajaj: Rahul Bajaj questions note ban, but praises GST–21.07.2017
Bajaj AutoBSE -0.22 % chairman Rahul Bajaj questioned whether demonetisation had achieved its aims while applauding the government for implementing the goods and services tax
GSTN: Goods and Services Tax Network will help in keeping strategic control: Prakash Kumar–21.07.2017
By Prakash Kumar, CEO, GSTN As is expected with any radical reform or transformation, the unrolling of the GST has also created quite a
loyalty points: Goods bought with loyalty points will face tax under GST–Economic Times–21.07.2017
Your shopping out of the accumulated loyalty or bonus points will face tax under the goods and services tax (GST) regime. GST would be levied
Income tax return: 6 ways to verify your income tax return–Economic Times–21.07.2017
As per the existing tax laws, a return filed by the taxpayer is not valid until it is verified as filed by the concerned assessee.
Bounty for the fiscal, iffy gain for oil–Economic Times–21.07.2017
The Cabinet nod for ONGC to buy out the government stake in the second-largest oil refiner and marketer, HPCL, is a bonanza for disinvestment proceeds
What does limited liability mean here?–Economic Times–21.07.2017
A bankruptcy court has reportedly ruled that a promoter cannot escape liquidation of her personal assets by simply filing for bankruptcy. Going after the personal
GST: New tax system brings pain, paperwork to India’s online sellers–21.07.2017
By Saritha Rai India’s new tax regime is causing widespread headaches for small merchants and the e-commerce companies they work with. The Goods and Services
Senior citizen pension scheme in India: 10 things to know about Pradhan Mantri Vaya Vandana Yojana – The Financial Express–21.07.2017
One can subscribe to the PMVVY Pension Scheme offline as well as online through the Life Insurance Corporation of India. Influenced by the success and
GST imapct: Retailers’ Association appeals for review of cash bills format – The Financial Express–21.07.2017
The Retailers Association of India (RAI) has appealed to the finance minister to simplify the prescribed sale invoice format for cash bills rendered to customers
Growth numbers to improve from June quarter, says Morgan Stanley report – The Financial Express–21.07.2017
Strong import growth in June points to continued recovery in India’s domestic demand and indicates that economic expansion will accelerate from the April-June quarter, says
GST protest: 2000 Tirupur garment units go on strike against 18 pct slab slapped on segment – The Financial Express–21.07.2017
Nearly 2,000 working units of the knitwear/readymade garment cluster in Tirupur, employing more than a lakh people, have called for a day’s strike on Friday
GST impact on economy: ADB says medium term growth in India set to get boost | Financial Express–21.07.2017
The goods and services tax is expected to boost growth in the medium term The Asian Development Bank (ADB) has retained its earlier growth forecast
Aadhaar, PAN linking: Filing Income tax returns turns difficult; Here is how – The Financial Express–21.07.2017
All persons who are allotted a PAN as on July 1, 2017 and eligible for Aadhaar, would need to intimate the Aadhaar number to the
To boost exports, job creation, PM Narendra Modi government to unveil Rs 2,600 cr package for leather sector – The Financial Express–21.07.2017
The government is expected to announce soon a Rs 2,600 crore incentive package for the leather and footwear sector to boost exports and job creation,
Jobs creation: How to make housing the growth sweet spot, power up employment – The Financial Express–21.07.2017
Job creation will be India’s single biggest priority over the next 20-30 years. One of the major sectors that will always be at the forefront
Ease of exiting business: How non viable firms continue to hurt the economy – The Financial Express–21.07.2017
As per Entrepreneurship Development Institute of India Director, Sunil Shukla, it takes around 5 years to wind up the operations of a company. The World
Tepid response to ‘easy GST’; only 100,000 SMEs opt for composition scheme | Business Standard News–21.07.2017
A scheme under the goods and services tax (GST) that provides easy compliance and a flat rate to small businesses has had a muted response
GST rules are taking a human toll on Surat powerloom industry; here is how | Business Standard News–21.07.2017
The Rs 50,000-crore textile industry here — the diamond trade and textiles are the two sectors of note here — employ an estimated 1.5 million.
Now, ICICI customers can get up to Rs 15 lakh as personal loans at ATMs | Business Standard News–21.07.2017
Largest private sector lender ICICI Bank will be selling personal loans of up to Rs 15 lakh through its ATMs that can be availed of