Page 63 - Indivjal Dhasmana/ Pti

GST in a new avatar: How the tax could pan out after the Lok Sabha polls

While Congress promises to overhaul the tax, BJP is talking about single standard rate. Business Standard explores five possible changes GST may undergo once the new govt comes in

FM Jaitley may still manage to meet FY19 fiscal deficit target: Here's why

In 2 of the 3 pre-election years since FRBM idea was mooted, the finance ministry has succeeded in meeting fiscal targets; the only exception was 2008, when a global meltdown weighed on the economy

Fraud-hit PNB loss widens to Rs 45.32 billion on bad loans, stock falls

The bank earned Rs 4 billion in the first half of the current financial year

New business orders, employment push manufacturing PMI to 53.1 in October

Manufacturers stepped up hiring in October, and job-creation during the month was the strongest since last December

Haryana tax dept issues circular, asks officers to block input GST credit

Though the reasons cited in the circular issued to block the credit may be genuine such as unutilisation of inputs for furtherance of business

Core sector growth slowest in 4 months, expands 4.3% in September

IIP numbers for September will be crucial as this is one of the last important data before the Q2 GDP figures are released by end-November

Did it or didn't it? FinMin silent over invocation of section 7 of RBI Act

Section 7 of the RBI Act empowers the government to issue directions to the RBI, after consultation with the Governor, on issues of public interest

Where to appeal against NAA orders? Petition filed in Delhi High Court

Any order in the judicial system in India can be appealed against through writ petitions or appeals

September retail price inflation inches up, stays below RBI's 4% target

Economists say oil prices, exchange rate may lead to rate hike in December review

India ranks 115 in World Bank's Human Capital Index; govt dismisses report

Says index doesn't capture government initiatives to improve lives

India ranks 96th on Economic Freedom Index; HK, Singapore retain top spot

In overall ranking, India was evenly placed among BRICS nations

Micro finance company Satin to hive off its MSME lending business

Satin is hiving it off because 85% of its lending has to be micro finance lending, according to RBI rules

Customer data science company dunnhumby to offer services to Indian cos

The company has been in India for ten years serving its multinational clients

What are factors that contributed to sharp rise in number of I-T returns?

The returns whose numbers have been disclosed recently belong to the fiscal year 2017-18

Manufacturing PMI falls to 3-month low of 51.7 in August from 52.3 in July

Oil prices, tight monetary policy, capital outflows from EMs to blame: Experts

Direct tax collections grow at 6.6% and corporation tax barely 1%

Officials said the tax department refunds Rs 750 bn in the first four months of the current financial year, half of what was refunded in the entire FY18

Himalaya searches highlight issue of classifying products under GST regime

Experts said in many such cases, allegations have been found to be frivolous by higher courts

Indirect tax base has surged 65% to 11.6 mn since GST roll-out: PM Modi

Experts feel this might prompt govt to cut rates

No evidence for jobless growth: Principal Economic Advisor Sanjeev Sanyal

Sanyal adds the government expects the fiscal deficit target of 3.3% of GDP to be met

Tax tribunal bats in favour of Sachin in case related to vacant property

Under the I-T Act, if a person has more than one property, one of them may be treated as given on rent even if it is vacant