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News digest: MSMEs, Finance Bill 2018, E-way bill mess, and more

From MSMes to lead consolidation phase to US stocks tumbling 2%, BS brings you top stories to keep up with the latest news

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BS Web Team
MSMEs to lead current consolidation phase of economy: Arun Jaitley
 
Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. Read more
 
Finance Bill 2018: End of the road for MAT on foreign companies
 
The government has drawn up plans to bring the curtains down on the minimum alternate tax (MAT) on foreign companies.
An amendment proposed by the Finance Bill 2018 seeks to exempt foreign companies that are engaged in shipping, air transport, oil exploration, and