For decades, many Indians have escaped tax and legitimised their money stashed abroad by staying 182 days out of the country every year and declaring
GST: Sale of old gold jewellery will not attract GST on exchange–Economic Times–14.07.2017
The sale of old gold by individuals for a consideration won’t attract the goods and services tax, the finance ministry clarified, providing respite to people
SMEs: Register with GSTN without fear: Kalraj Mishra to SMEs–Economic Times–14.07.2017
MSME Minister Kalraj Mishra on Thursday said small and medium enterprises need not fear Goods and Services Tax, and they should register themselves with GST
Watchout: Payment patterns may change after GST, lead to higher working capital requirement–Economic Times–14.07.2017
By Manish Chowdhary With GST one of the biggest change in habit would be that accounts need to be maintained regularly on a daily
Innovative saving products for seniors–Economic Times–14.07.2017
Parts of India are greying rapidly, pushing up future spending on pensions and healthcare. True, India has moved to funded pensions when it is still
Rethinking old age to the benefit of all–Economic Times–14.07.2017
India has a young population with a median age of 27.6 years. Therefore, unlike in most developed countries and China, problems of the elderly, of
GST impact: GSTIN not necessary if exempt goods imported or exported – The Financial Express–14.07.2017
Importers and exporters of goods, that are exempted from GST, do not need to obtain a GST registration number and can clear their consignments by
P Chidambaram mocks Urjit Patel, says RBI buying note counting machines 8 months after demonetisation – The Financial Express
Taking a scathing jibe at Reserve Bank of India Governor Urjit Patel, senior Congress leader P Chidambaram on Monday questioned the timing of central bank’s
Economic growth shouldn’t be at the cost of inclusiveness, says Niti Ayog’s VK Saraswat – The Financial Express–14.07.2017
Economic growth has to be inclusive and not at the cost of education, environment and health, Niti Ayog member V K Saraswat said here today.
GST impact on economy: Here is why it is crucial to be a little proactive to deal with challenges – The Financial Express
With the advent of the goods and services tax from July 1, 2017, the nation’s long wait for a simplified tax regime to create one
A cooling economy | Business Standard Editorials–14.07.2017
Official data released on Wednesday reinforced concerns that the Indian economy was slowing. The growth of index of industrial production (IIP) slowed to 1.7 per
Scrap jewellery sales won’t be affected by 3% GST levy | Business Standard News–14.07.2017
Sales of old gold jewellery are unlikely to be affected by the three per cent Goods and Services Tax (GST) levied on re-materialisation of used
GST–Exporters–Short on detail | Business Line–14.07.2017
GST becomes a confusing affair for exporters After the implementation of GST, the Government has gone on an extensive media campaign clarifying various issues under
Global growth to boost US exports: Janet Yellen | Business Line–14.07.2017
Federal Reserve is likely to reduce its massive USD 4.5 trillion portfolio, later this year Projecting an upbeat economic prospect for America, the Federal
‘Logistics cost in India will drop to global average’ | Business Line–14.07.2017
Logistics cost in India is in the range of 18-20 per cent. Currently a truck going from Delhi to Kolkata will take between 13-16 days.
GST: With less than fortnight under GST, here is how companies are already trying to game the system – The Economic Times–13.07.2017
A non-descript textile trading company registered in Mumbai with an annual turnover of Rs 1 crore or less has suddenly become active. The company has
Inflation: Retail inflation cools to record low in June, factory output shrinks in May – The Economic Times
Industrial growth slowed to a three-month low in May, possibly due to adjustments in production ahead of the July 1 roll out of goods and
GST: First collection numbers show GST off to a smooth start – The Economic Times–13.07.2017
The first set of numbers after the rollout of the goods and services tax should calm any jitters about its prospects. Integrated goods and services
rate cut: Policymakers must ‘reflect’ after record low inflation in June: CEA makes case for a rate cut–Economic Times–13.07.2017
Chief economic adviser Arvind Subramanian said policymakers must “reflect” after data showed consumer inflation at a record low in June amid faltering industrial growth, seemingly
GST: Selling old jewellery to attract 3 per cent GST: Hasmukh Adhia – The Economic Times
Selling old jewellery or bullion will attract 3% Goods and Services Tax on the value realised, revenue secretary Hasmukh Adhia has said. But if the
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