Home » Business » Economy

Economy - Page 316

The revenue loss to states on account of GST implementation was Rs 24,500 crore between July-October and the Centre has released compensation to make up for it.

PMO calls for meet on GST refunds

Exporters have been claiming that their 70 per cent of refunds are still stuck even after eight months of roll out of...

12 March 2018 1:09 AM IST

FICCI survey of the 800 Indian companies based in the UK, which reported a sudden 15 per cent decline in return on investments as the pound sterling fell 15 per cent following Brexit vote last month.

PNB scam shouldn't lead to fear psychosis', says Ficci

Emergence of the scam should not lead to a paralysis and fear psychosis , Rashesh Shah, the president of Ficci, said...

12 March 2018 12:45 AM IST

70% of the complaints about overpricing on the pretext of GST are from semi-urban and rural areas which have lower levels of awareness.

CBEC camps from March 15 to fast track GST refunds to exporters

GST Council has also allowed exporters to continue to claim tax exemptions till October 1, 2018.

10 March 2018 5:15 PM IST

Finance Minister Arun Jaitley

GSTR-3B extended till June, E-way bill from April 1: Jaitley

Jaitley said the current system of GST return filing has been extended by three months.

10 March 2018 2:49 PM IST

The RBI felt there was enough liquidity in the system and credit growth was picking up.

RBI may hike repo rate by 0.25 per cent in 2018: report

The key repo rate at which it lends to the system stands at 6 per cent currently.

9 March 2018 5:20 PM IST

Finance Ministry

Govt had sought Rs 13,000 crore additional dividend from RBI: Finance...

In August, RBI had paid a dividend of Rs 30,659 crore for the fiscal ended June 2017.

9 March 2018 3:20 PM IST

Net direct tax collection upto October is at Rs 4.39 lakh crore which is 15.2 per cent higher than the net collections for the corresponding period of last year.

Direct tax mop up rises 19.5 per cent to Rs 7.44 lakh crore in...

Net direct tax collection represents 74.3 pc of Rs 10.05 lakh cr as per revised estimates given in Union Budget 2018-19.

8 March 2018 4:55 PM IST

Finance minister Arun Jaitley

GSTR-3B may be extended till June, simplified return forms on cards

New return filing system, if agreed upon by the Council, would take about 3 months to be implemented.

8 March 2018 4:21 PM IST

The CBEC has now notified the dates for filing the GST returns forms.

Simpler GST filing module may be finalised on March 10: official

GST collections increased to Rs 86,703 crore in December from Rs 86,318 crore in January.

8 March 2018 11:37 AM IST

Union Minister for Railways Suresh Prabhu

Entertainment industry will promote economy, create jobs: Prabhu

The industry is expected to create additional 7,00,000-8,00,000 jobs in the next five years.

7 March 2018 5:29 PM IST

Fitch, however, expects GDP growth to pick up in the next two years on back of gradual implementation of the structural reform agenda and higher real disposable income. (Photo: PTI/File)

Finance Ministry pitches for ratings upgrade with Fitch

Govt will follow fiscal consolidation roadmap and will lower the fiscal deficit to 3 per cent of GDP by 2020-21.

7 March 2018 3:58 PM IST

India has been opposing discussions on new issues like e-commerce, SMEs, gender, investment at the World Trade Organisation. (Photo: ANI)

PE investments decline 60 per cent in Feb with no mega deals: report

No major deals above the value of USD 300 million happened last month, causing the decline from January.

7 March 2018 3:26 PM IST