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Latest Articles in gst rollout
Revenue Collected Under GST In Oct At Rs 95k Cr: Sushil Modi
The revenue collected under the Goods and Services Tax (GST) in October was Rs 95,131 crore and average revenue shortfall of states has come down to 17.6 per cent, Bihar Deputy Chief Minister Sushil Modi said today.
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GST Rejig: The Hotel and Restaurant Association of Eastern India (HRAEI) Finds Relief In GST Council's Decision
The HRAEI today said the GST Council's decision to cut tax rate for restaurants to 5 per cent without input tax credit comes as a big relief for the industry.
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GST Rejig:Tax Rate On 178 Daily Items Reduced To 18% From 28%
In the biggest GST rejig yet, tax rates on over 200 items, ranging from chewing gum to chocolates, to beauty products, wigs and wrist watches, were today cut to provide relief to consumers and businesses amid economic slowdown.
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RBI Knives Overall Growth To 6.7% But Says Worst Behind Us
The GST implementation so far also appears to have had adverse impact on growth, rendering an uncertain future for the manufacturing sector in the short term
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GST Rollout Was Hasty, Demonetisation Impacted GDP: Manmohan Singh
GDP growth in the first quarter of current fiscal slumped to a three-year low of 5.7 per cent, down from 7.9 per cent in April-June quarter of 2016. In January-March quarter, the growth declined to 6.1 per cent from 8 per cent in the year-ago quarter
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India's GDP Growth Likely To Slip Below 7% In Fiscal 2018: DBS
According to the global financial services major, two recent policy measures - demonetisation in November 2016 and GST rollout in July 2017 had a short term impact on economic activity
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Jewellery Industry Can Register 10% Growth This Fiscal
GST was a very good thing to happen to the industry, which was now more transparent, says Joseph Prince, director of Prince Gold and Diamonds India Pvt Ltd, which operates Prince Jewellery outlets
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GST Rollout Improves Business Efficiency By 30%: Narendra Modi
The Goods and Services Tax, which unified more than a dozen central and state levies, is a result of cooperative federalism and its smooth rollout from July 1 has increased efficiencies of business
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RBI Former Deputy Governor Says Multiple GST Rates Are A Challenge
"GST has been achieved after a decade. Multiple rates is an issue," Rakesh Mohan said at the 'Economics and Governance' event organised by THINKERS & Penguin Random House with YES BANK and the YES Global Institute as the Presenting Alliance Partner
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‘Social Damages Might Have More Lasting Impact On Economy Than Wrong Policies’
Delivering the 23rd Lalit Doshi memorial lecture, noted economist Kaushik Basu stressed on the need to have open debates and discussions on issues facing the country
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Allcargo To Get Into Last-Mile Delivery; Eyes Rs 1500 Crore Income
In fiscal 2017, Allcargo reported net profit of Rs 230.4 crore on a revenue of Rs 5,568 crore and a debt of Rs 300 crore
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FPIs Stay Bullish On India; Pour Rs 11,000 Crore In July So Far
The latest inflow comes following a net infusion of over Rs 1.62 lakh crore in the previous five months (February-June) on several factors.
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Markets Zoom To Capture 32,000 Level For The Week
This is the biggest weekly gain for the indices since mid-March. The key index made strong gains on buying by funds and foreign institutional investors (FII).
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GST Procedural Hurdles Easing Out For Exporters: CFBA
Exporters are not happy with the imposition of five per cent GST on ocean freight which was exempted earlier. This will lock up working capital
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Fuel Prices In Maharashtra To Come Down
On July 10, the state government received the order of not charging the state surcharge on imports of petroleum products. Hence, its implementation will bring down the price of petrol and diesel.
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