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
Category: Economy
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
GST, RERA combo very positive for real estate sector: Pirojsha Godrej | Business Standard News–21.07.2017
Pirojsha Godrej, executive chairman of Godrej Properties Real estate developers are grappling with the introduction of both the Real Estate Regulation & Development Act (RERA)
[ Edible Oil] Make it palatable | Business Standard Editorials–21.07.2017
There is increasing evidence to suggest that both oilseed growers and the oilseed-based industry are struggling to survive. They are unable to compete with imported
Goods & services tax: Tax reform’s just one bit of it–Economic Times–20.07.2017
By Krish Iyer India has finally introduced the goods and services tax (GST) that is going to facilitate the creation of ‘one nation, one tax,
Widening of direct tax base | Business Standard Column–20.07.2017
Implementation of the goods and services tax (GST) from July 1, 2017, is a huge step forward in uniform nation-wide collection of indirect taxes. Prime
Exporters continue to face the heat as shipments pile up | Business Line–20.07.2017
Three weeks after the implementation of the Goods and Services Tax (GST) regime, exporters are still struggling to get their consignments shipped as customs officials
Taxpayer base likely to reach 90 lakh, says GSTN Chairman | Business Line–20.07.2017
The taxpayer base seems to have expanded significantly under the Goods and Services Tax (GST) and the GST Network expects the total registrations for the
‘India’s economy set to reclaim top spot for growth this year’ | Business Line–20.07.2017
Having been in the offing for close to two decades, the goods and services tax (GST), which the government touts as the biggest domestic tax
Cement majors put up a strong show in June quarter | Business Line–20.07.2017
The stock prices of the top two cement players — ACC and UltraTech Cement — were down marginally post announcement of their results. However, both
UltraTech Cement plans to raise ₹9,000 cr for funding capex, reduce debt | Business Line–20.07.2017
Cement major will be investing ₹2,200 cr on de-bottlenecking projects UltraTech Cement, an Aditya Birla group company, plans to raise ₹9,000 crore through issue of
Social security for poor: Insurance schemes PMJJBY for life, PMSBY for accident cover great ideas, but Centre ends up paying bill – The Financial Express–19.07.2017
As compared to Rs 100 per Rs 1 lakh of personal accident cover from non-life insurers, the PMSBY charges a mere Rs12 per year for
India’s digital economy to be $1 trillion in 5-7 years: Ravi Shankar Prasad – The Financial Express–19.07.2017
Union IT Minister Ravi Shankar Prasad on Tuesday said India’s digital economy is going to be $1 trillion in the next 5-7 years from the
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
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