Page 2892 - Economy & Policy News

Good news for GST assessees as Council gives more time to file returns

Dates for filing various other returns, including those for claiming input tax credits, have also been extended

Big GST reset: Only 50 items stay in 28% slab, eating out to get cheaper

Composition scheme threshold at Rs 1.5 crore

EAC-PM suggests incentives to states meeting health and education targets

Council also stresses need to treat infra financing as high priority, with new mechanisms for a risk coverage umbrella

Companies will pass GST rate cut benefits to consumers

Arun Jaitley announced that the tax rate on a vast range of items of daily use would be brought down from 28% to 18%

Congress demands overhaul of GST architecture

Congress finance ministers described the decisions taken in the GST Council meeting on Friday as 'too little, too late'

Govt allows distribution of pulses for mid-day meal, other welfare schemes

They would be sourced from the existing 1.8-million tonne buffer to meet nutritional needs

September IIP shows a slowing at 3.8% growth

Continued effect of demonetisation, GST impacts; expected to pick up

No odd-even unless you justify its necessity: NGT

The NGT termed the plan a 'farce'

Oil prices to remain at $57-65 a barrel for some time: HPCL CMD M K Surana

Surana feels that the rise in prices is still not an indication of any structural change, it is more a reaction towards the geopolitical situation

GST Council's move to revamp 28% tax slab a game changer: Industry

The increase in the composition scheme threshold would make life much easier for the small business entities: Assocham

Cement manufacturers upset with GST Council meet over 28% slab retention

GST Council has retained cement along with paints in the 28% tax bracket

Bharatmala project: NHAI Board to have NITI Aayog chief as part-time member

The govt had approved a mega plan to build 83,677 km of highways over the next five years at a cost of Rs 7 lakh crore

Eating out set to be cheaper after biggest GST revamp: All you need to know

A uniform 5% tax was prescribed for all restaurants, both air-conditioned and non-AC

Biggest GST bonanza: 28% tax only on 50 luxury items, eating out cheaper

FM Jaitley also said the Council had been looking at the 28% tax slab and constantly rationalising items in it in lesser tax slabs

First power plant under PM Ladakh scheme commissioned in Drass

The power project will meet power requirement of close to 1,000 families

After $32 bn bailout, officials plan ways to prevent another NPA crisis

Arun Jaitley, India's finance minister, has vowed the recapitalisation will be accompanied by not only bank reform, but also mergers of weak banks with stronger rivals

Farmers will lose Rs 36k-cr due to prices falling below MSP: Farmers' body

Thousands of farmers to gather in Delhi on November 20 to highlight their plight

Poor manufacturing show pulls down IIP growth to 3.8% in Sept

Due to the subdued performance of manufacturing sector coupled with a contraction in output of consumer durables

Monitoring all offers, will intervene if regulations are not met: Trai

Telecom service providers have joined forces with mobile phone manufacturers to bring bundled 4G smartphones

IIP slips to 3.8% in September, manufacturing output up 3.4% YoY

Mining output rose 7.9% YoY during the month