The government is moving fast on combating growing cases of export consignments stuck nationwide, owing to operational difficulties post the implementation of the goods and
Loan waiver, GST rates to push tractor sales to all-time high in FY18 | Business Standard News–08.07.2017
With multiple tailwinds helping them, tractor makers Mahindra and Mahindra (M&M) and Escorts are set to post strong sales in FY18. Reduction in goods and
GST: Supply chain intermediaries not ready for transparency, accountability | Business Standard News–08.07.2017
With most of the goods transport associations not having their members registered under the Carriage by Road Act, 2007 and its rules under Carriage by
Don’t take coercive steps against farmers for loan recovery: SC to banks–Business Standard–08.07.2017
Financial institutions should not resort to coercive action for recovery of loans from farmers in case of crop failure and the government should intervene in
Strong pricing in western India drives gains for Ambuja Cements | Business Standard News–Business Standard–08.07.2017
Ambuja Cements recently announced it had secured limestone supplies in Maharashtra. The estimated limestone resource (reserves) stands at 42 million tonnes (mt), which Ambuja secured
GST impact on rates: There should be a single rate for everything, says Bibek Debroy–Financial Express–08.07.2017
Exemptions mean loss in revenue. In FY16, such concessions/incentives on excise duty had a revenue impact of Rs 2,24,940 crore. What is a good and
Cyber attacks leave firms scrambling for cover | Business Line–08.07.2017
One insurer sees 15% rise in enquiries by corporates for cyber insurance Given the recent spate of ransomware attacks around the globe, Indian companies are
GST benefits will emerge shortly, says Shaktikanta Das–Business Line–08.07.2017
The benefit of Goods and Services Tax (GST) will become apparent in a couple months as manufacturers and businessmen realise the advantage of input tax
‘GST rollout has not caused any disruption’ | Business Line–07.07.2017
Finance Minister Arun Jaitley on Thursday said that the rollout of the Goods and Services Tax has been smooth, without causing much disruption. “The economy
Businesses may face liquidity crunch under GST–Business Line–07.07.2017
Working capital problems of MSMEs will get accentuated as banks, currently reeling under bad loans, are reluctant to give credit. Taxes have to be remitted
Finance Ministry aims to set up anti-profiteering body by August–Business Line–07.07.2017
To clear confusion over the new prices of items under the Goods and Services Tax, the Finance Ministry is working to set up a National
Cyber security: Things you should know–Business Line–07.07.2017
via Cyber security: Things you should know | Business Line
Don’t cry foul at anti-profiteering measures | Business Line–07.07.2017
To ensure that firms do not quietly pocket the tax or cost savings from GST on their products or services, the Government has proposed to
GST–Typically obtuse | Business Line–07.07.17
GST was introduced in a tearing hurry. There should be absolute clarity in the procedures to be followed under GST. Invariably, the procedures are laid
Check-posts are gone, but truckers face barriers–Business Line–07.07.2017
The truckers’ relief, however, may be temporary; many States may set up mobile or roaming squads till the e-way bill mechanism is in place, tentatively
Demonetisation effect: Advance tax given by individuals in June quarter rises more than 40%–Economic Times–07.07.2017
Advance tax payments for the current financial year by individuals rose more than 40% in the June quarter from the year-earlier period. Meanwhile, the government
GST: Ministers head to major cities, state capitals to explain GST – The Economic Times–07.07.2017
commerce minister Nirmala Sitharaman has been assigned Madurai in Tamil Nadu (her native state) and Vijaywada in Andhra Pradesh. Social justice and empowerment minister Thaawar
Jobless growth: Economists disagree over claims of jobless growth – The Economic Times–07.07.2017
The government has been repeatedly brushing aside criticism that India is growing without creating jobs. Now, it has the backing of some top economists who
Government seeks to clear way as exports trip on rules – The Economic Times–07.07.2017
The government has stepped in to try and resolve procedural confusion over customs norms under the goods and services tax regime that has seen exports
Government likely to pump more money into PSU banks – The Economic Times–07.07.2017
The government is likely to infuse more money in state-run banks amid crackdown on bad loans and increasing capital needs under Basel III guidelines. According
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