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News digest: GST composition scheme, Corporate India's profit, and more

From Jio moves from mobile to fixed broadband and TV space to FinMin seeks to get more oversight on PSBs, BS brings you up to speed with latest news

News Digest
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BS Web Team
Composition scheme: Small traders set to get fresh GST relief

A high-level panel on the goods and services tax (GST) in its meeting on Sunday recommended major changes in the new indirect tax system that may ease the compliance burden for all assessees and make the composition scheme more attractive. It also proposed further easing the burden for restaurant owners. Read more

Retail lenders, RIL help India Inc's combined net profit rise 8.6% in Q2

Boosted by a better show by retail lenders, Reliance Industries (RIL), metal companies, and consumer goods makers, the second quarter