GST law clearly states that GST would be payable if there is a supply of free goods or services to an employee exceeding the sum
Author: Anil R Tikotekar
Arvind Panagariya says India’s GDP may rise to $8 trillion in next 15 years, could eliminate poverty entirely – The Financial Express–19.07.2017
India’s GDP could rise to about $8 trillion over the next 15 years if the country registers an economic growth of 8 per cent annually
Fake currency of Rs 11.23 crores face value detected post demonetisation – The Financial Express–19.07.2017
Fake currency having face-value of over Rs 11.23 crore was detected in 29 states post demonetisation, the government informed Parliament today. In a written reply
GST impact: New tax regime to be positive for auto, retail; negative for SMEs, says Fitch Ratings – The Financial Express–19.07.2017
New indirect tax regime GST is likely to be beneficial for auto, cement and organised retail sectors, but will have a negative impact on oil
Current Account Deficit to widen to 1.3 percent of GDP in 2017: Nomura – The Financial Express–19.07.2017
According to the Japanese financial services major, import demand is expected to resume once GST disruptions settle down after July.”We expect India’s CAD to widen
IIP growth: Why banks have to rework strategies, make capital available – The Financial Express–19.07.2017
The industrial growth number for May is quite disappointing as it does indicate that there are still few signs of the expected economic turnaround. Add
For real financial inclusion, JAM is important, but here is why focus should be on reforming PSBs – The Financial Express–19.07.2017
Financial inclusion is an important aspect of financial development. Uneven and narrow financial development can hamper overall economic progress, whereas a broad and vibrant financial
E-commerce to get bigger focus at RCEP talks | Business Standard News–19.07.2017
Discussions on e-commerce is expected to have a significantly bigger footprint than earlier at the 19th Regional Comprehensive Economic Partnership (RCEP) negotiations, which was inaugurated
Nandan Nilekani warns of digital colonisation ahead of Aadhaar hearing | Business Standard News–19.07.2017
Infosys co-founder Nandan Nilekani Infosys co-founder Nandan Nilekani has warned the consolidation of user data on a few digital aggregators could put the country under
Flipkart to test market online groceries service, launches pilot project | Business Standard News–19.07.2017
Flipkart, the country’s largest e-commerce marketplace, is planning a pilot of its grocery delivery service in several Indian cities before a commercial launch, as it
1 of 5 Indians to share personal data for free Wi-Fi | Business Standard News–19.07.2017
Users overlook the most common channel through which data is compromised, unsecured Wi-Fi, despite rising instances of malware attacks and data leaks, says a report.
I-T dept seeks data of property deals worth Rs 1 cr or more in last 10 yrs | Business Standard News–19.07.2017
Illustration: Ajay Mohanty The income tax (I-T) department has asked all sub-registrars and tehsildars under its jurisdiction in Mumbai to send it details of property
500 NPA cases identified by RBI to get equal priority | Business Standard News–19.07.2017
The Gujarat High Court order would result in all 500 non-performing assets (NPAs) identified by the Reserve Bank of India (RBI) getting equal priority, compared
A step-by-step guide for obtaining your GSTIN | Business Standard News–19.07.2017
Illustration: Binay Sinha Under the VAT and Service Tax regime, TIN number and Service Tax Registration Number were issued by the state and the Centre.
Larger economies to lose the digital race to smaller nations | Business Standard News–19.07.2017
Several Nordic countries, Switzerland and tech-centric South Korea are ahead of the US and Japan, according to a digital economy ranking conducted by researchers at
GST move has tobacco shares huffing & puffing | Business Line–19.07.2017
ITC sees biggest one-day fall in 25 years; market cap dips over ₹50,000 crore Even as India’s home-grown tobacco major ITC witnessed its biggest crash
Fino payments bank expects to be profitable by 2020 | Business Line–19.07.2017
Looking to mobilise deposits of ₹10,000 cr over the next three years, says MD Mumbai, July 18: Fino Paytech has launched its banking operations, adding
‘India should reject e-comm rules at RCEP, WTO to protect growth, policy space’ | Business Line–19.07.2017
Detailed discussion on e-commerce likely at Hyderabad round of Regional Comprehensive Economic Partnership India needs to reject attempts by some developed nations at the on-going
RBI may take a relook at TReDS platform | Business Line–19.07.2017
Large firms uncomfortable about identity of their MSME suppliers being revealed The Reserve Bank of India and the government may have to review the Trade
private sector banks: A look at how laggards like Lakshmi Vilas Bank, Federal Bank and DCB Bank are scripting a turnaround–Economic Times–19.07.2017
Lakshmi Vilas Bank, Federal Bank, South Indian Bank, DCB Bank, Karur Vysya Bank, Karnataka Bank are on a roll when the banking industry dominated by