Page 2142 - Economy & Policy News

Madhukar Kamath elected chairman of the Audit Bureau of Circulations

Kamath has also been the president of Advertising Agencies Association of India

GST Council hikes tax on caffeinated beverages, cuts rates on hotel tariffs

Exemption from the GST has been given to imports of specified defence goods that are not manufactured in India

GST rate cut on hotel room tariffs: Key takeaways and announcements

GST on railway wagons, coaches increased to 12% from 5%

Constitution of GST appellate tribunal unconstitutional: Madras HC

The court observed that there should be primacy for judicial members and technical members cannot exceed the number of judicial members, according to sources

More rate cut hinges on incoming dataprints, says Shaktikanta Das

Since February, the RBI has reduced repo rate by 110 basis points in four successive actions

FM's tax cuts may give more elbow room to govt to sign the RCEP deal

Key pain point of Indian industry, of being a high-cost producer of goods, substantially reduced; Indian tax on companies now slightly below average Asian level

Investor wealth up by Rs 6.8 trillion in a day following FM's announcements

The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single day

GST Council meet today; fitment panel rejects rate cut demand for 200 items

Caffeinated drinks are among a handful of items for which a hike in the GST rate has been recommended

RBI in talks with govt to ensure mega bank mergers are non-disruptive: Das

The critical issue is to ensure that the process of transition following the merger should be in the most non- disruptive manner, he said

Foreign investors say tax cuts ease concerns about India economy

The effective corporate tax rate for all domestic companies will be 25.2%, lowered from 30%, the government announced Friday

Nobody interferes in my decision-making, but govt is sovereign: RBI Guv

Das said there has to be exchanges of ideas and explaining one's position to the other is necessary as it creates a harmonious and healthy relationship

Kharif crop production to be higher this year on better monsoon: Agri Min

The minister said kharif crops were affected in some states because of floods but it would not have much impact on the overall production

Shaktikanta Das expects growth to pick up from Q2 on govt spending

In a major fiscal booster, the government slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies

Festival bonanza from FM: Corporation tax rate slashed to boost investments

The measures announced by the finance minister will hit the exchequer by Rs 1.45 trillion a year

Big smile and two thumbs up: Industry's response to govt's $20-bn bonanza

The reduction in corporate tax rates follows a series of steps to boost demand and investments after growth slowed to 5% in the quarter ended June

'First step towards realising Make in India': Experts hail FM's measures

Sitharaman told a news conference that the effective corporate tax rate will be lowered to 25.75 per cent from 30 per cent

FM's boosters send markets soaring, add Rs 2.11 trillion to investor wealth

The rupee also rallied 66 paise to 70.68 against the US dollar on announcements made by the finance minister

Govt cuts corporation tax to 25.17% for domestic firms; Sensex up 1200 pts

Sitharaman said the revenue foregone on reduction in corporate tax and other relief measures will be Rs 1.45 trillion annually

No stressed asset of MSME to be declared NPA till Mar 31, 2020: Sitharaman

State-owned lenders will hold meetings with Non-Banking Financing Companies--or shadow banks--and new retail customers in 200 districts till September 29 to explore giving credit

Emulating China: India seeks to adopt facial recognition system for police

The government says the move is designed to help one of the world's most understaffed police forces, which has one officer for every 724 citizens