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Srinagar, Jun 17 (PTI) The Jammu and Kashmir government today termed GST as a “good tax reform” but said it will not push for its implementation till the time there is complete consensus on the issue. “Government is willing to introduce GST in the state with ample safeguards as this […]
New Delhi, Jun 16 (PTI) IT industry should help India build a USD 1 trillion digital economy within four years by creating affordable technology and an inclusive environment, Union Minister Ravi Shankar Prasad said today. Highlighting multi-billion dollar opportunities that exist in areas like IT and IT enabled services, e-commerce, […]
New Delhi, Jun 14 (PTI) Online retailers like Paytm are offering special discounts to consumers to ensure that their sellers’ stock is cleared before the GST tax regime sets in from next month. Paytm has a ‘Pre-GST Sale’ going on, hosting over 6,000 retailers across more than 500 brands. Consumers […]
Major hurdle for the implementation of the much-awaited Goods and Services Tax (GST) was cleared when the GST Council finalised tax rates for most of the goods and services at its recent meeting. The all-powerful GST Council headed by Finance Minister Arun Jaitley and comprising state finance ministers as members […]
Mumbai, Jun 7 (PTI) Gloves were off between RBI and the government on Wednesday after the central bank left key interest rate unchanged, leaving the finance ministry fuming as it felt that inflation was consistently low warranting a rate cut. However, in some cheer for home buyers, interest on loans […]
Aerated drinks and consumer durables like TV, AC, washing machines and refrigerators will cost more, while smartphones, small cars and daily use items will turn cheaper when the GST is implemented from July. An analysis of the tax rates decided by the all-powerful GST Council for over 1,200 goods and […]
With the dust settling down on demonetization, several serious analysis have started appearing on whether it has served the purpose for which this major and unprecedented economic exercise was undertaken. As former RBI Governor Y V Reddy puts it, there has perhaps been no other policy decision that has affected […]
The government has initiated a lot of big ticket and systemic reforms in the last three years and will continue efforts to consolidate the gains. Over 7,000 steps, big and small, have been taken so far to improve the ease of doing business in the country. Excerpts of interview […]
Dallas, May 31 (AP) Exxon Mobil shareholders pushed the company today to share more information about whether regulations designed to reduce climate change will hurt the oil giant’s business. Investors holding 62 percent of shares voted at the company’s annual meeting favored more disclosure around the impact of global policies […]
Mumbai, May 31 (PTI) Indian rupee on Wednesday endured a sharp reversal in fortunes against a resurgent US dollar after a two-day fall and recovered by 15 paise to end at 64.51 on fresh selling of the American currency by banks and exporters. Besides, robust capital inflows and rallying local […]
