Page 2625 - Economy & Policy News

GST will have a long-term impact on country's economy, says Arun Jaitley

During the three months since April, Jaitley has kept himself busy writing blogs on issues ranging from GST to terrorism

One year of GST: Industry experts blame high prices on lack of clarity

The GST regime, which was implemented from last July 1, has also failed to bring down property prices

Govt may hike paddy MSP by Rs 200/quintal for 2018-2019 crop year: Sources

For the current year, MSP of paddy has been fixed at Rs 1,550 per quintal for common grade and Rs 1,590 per quintal for Grade A variety

343 infra projects show cost overrun of Rs 2.16 trn over delays: Report

Of the 1,304 projects, 343 reported cost overrun and 262 times escalation

Saudi king promises Trump to boost oil output to 2 mn barrels per day

Trump told King Salman bin Abdulaziz Al Saud that the oil market could need more supply when the men spoke on Friday

Yet to link Aadhaar-PAN? Deadline moved to March 2019; here's how to do it

The Central Board of Direct Taxes (CBDT) had last extended the deadline on March 27 this year, here are few easy steps to link the two databases

GST turns one: To mark first anniversary, govt to celebrate 'GST day' today

The tax reform was launched on the midnight on June 30 by Prime Minister Narendra Modi and the then President Pranab Mukherjee

Aadhaar Virtual ID now operational with Authentication User Agencies: UIDAI

The Virtual ID is a 16-digit random number mapped with the Aadhaar number

'Ask for a bill': FM Goyal's suggestion to consumers to check GST evasion

If any shop says that they will sell at a lower price if the consumer does not demand a bill, then the consumer should immediately file a complaint, Goyal said

Banks Board Bureau recommends 14 names for MD, CEO posts at PSBs

The Government of India will take the final decision on the appointments, BBB added

Exports drop over PM Modi period, trade deficit highest since 2012-13

India's exports to Africa between 2014 and 2018 dipped by 4.22% and imports increased 1%; during 10 years of UPA rule, exports to Africa increased 22% and imports 59%

Govt sends 'GST evasion' letters to 150 companies for forged sales data

The data analysed belonged to the first eight months of the GST rollout

GST 2.0 may be reality by 2019, with changes in tax rates, clarity on cess

The GST Council is also grappling with the issue of imposing a sugar cess at the rate of Rs 3 per kg to address the plight of farmers

After a long lull, Maharashtra tries to catch up on infra development

With Rs 1.6 trillion worth of projects underway, industry experts say finance will be a key challenge

Making ethanol under new method could solve India's sugar surplus problem

Experts said that making ethanol from B-heavy molasses and cane juice would allow the possibility of a reduction in sugar surpluses, thus indirectly supporting sugar prices

India has a grand maritime strategy, but the naval tools are missing

With the navy's annual budget steadily declining, security planners are reluctant to green light crucial projects

Subsidised LPG gets costlier, hiked by Rs 2.71 per cylinder

Subsidised LPG with effect from midnight tonight will cost Rs 493.55 in Delhi

New project announcements shrink 33% to Rs 2.8 trn in Q4 of FY18

Value of revived projects, too, was tepid at Rs 0.2 trillion in Q4 of FY18, down from Rs 0.9 trillion in the corresponding period of FY17

Bihar Deputy CM rules out suggestions to bring fuel prices under GST

Modi did assure India Inc. that GST Council could positively consider bringing in natural gas and ATF within the purview of GST for which he did not prescribe a definite timeframe

India to auction 40 Gw of renewable energy every year till 2028: Official

The government's power projection indicates that India will have to bid out 140 Gw of wind energy to meet demand by 2030