Sunday, Jul 14, 2024 | Last Update : 08:10 PM IST

  Business   Economy  07 Oct 2017

Business, Economy, 07 Oct 2017

54,000 petrol pump dealers to go on nationwide strike on Oct 13

The strike is to press for long-pending demands ignored by the state-run oil marketing companies.

07 Oct 2017 8:37 PM

'GST Council to continue rationalising rates, 28 per cent slab to be brought down'

The Goods and Services Tax (GST) has a four-tier structure of 5, 12, 18 and 28 per cent.

07 Oct 2017 7:33 PM

Industrial units in hill states to get budgetary support: Prabhu

The scheme offered as a measure of goodwill to units eligible for drawing benefits under earlier excise duty exemption.

07 Oct 2017 7:02 PM

GDP to recover in Q2 as fundamentals strong: Ravi Shankar Prasad

Prasad says GDP grew 7.5 per cent in 2014-15, 8 per cent in 2015-16 and 7.1 per cent in 2016-17.

07 Oct 2017 5:41 PM

Textile industry welcomes reduction in GST on man made fibre yarn

Industry says higher GST rate was creating a huge inverted duty problem for synthetic sector.

07 Oct 2017 5:37 PM


Jewellers hail govt's decision to remove industry from PMLA

Under the PMLA, every reporting entity is required to maintain record of all transactions of value exceeding Rs 10 lakh.

07 Oct 2017 5:13 PM

GST Council will resolve other issues too: MoS Finance

GST Council on Friday raised composition scheme threshold for businesses to Rs 1 crore.

07 Oct 2017 4:33 PM

Group of ministers to review GST on restaurants

A group of ministers will examine if the tax liability can be reduced and an alternate structure can be put in place.

07 Oct 2017 3:06 PM

Find out what got cheaper after GST Council tweaked rates of items

The GST Council headed by Finance Minister Arun Jaitley tweaked the GST rates for 27 items.

07 Oct 2017 2:12 PM

Faced with criticism for slow growth, Modi govt reduces burden on SMEs

Small and medium-sized enterprises are crucial to Modi’s plans to create millions of more jobs.

07 Oct 2017 1:02 PM


Modi says changes have made GST 'even simpler'

GST Council on Friday gave relief to small and medium businesses on filing and payment of taxes.

07 Oct 2017 12:23 PM

Jean-Claude Juncker says 5.7 per cent GDP is not a slowdown

EC President Jean-Claude Juncker says it is much better than that clocked by major economies of Europe.

07 Oct 2017 11:33 AM

Goa hit by GST as state's tax collection dips 22 per cent

The state government expects the GST to stabilise from January 2018 onwards.

07 Oct 2017 10:36 AM

Relief for small and medium enterprises, 27 items cheaper

Prime Minister Narendra Modi welcomed the steps announced on Friday and said the GST has become “even simpler” after GST Council’s recommendations.

07 Oct 2017 1:38 AM

GST Council’s decisions will help SMEs: India Inc

Delay in reverse charge will boost SMEs’ businesses.

07 Oct 2017 1:02 AM


5,800 companies reveal suspicious transaction of Rs 4,552 crore

The ministry said that 13 banks have submitted their first instalment of data.

07 Oct 2017 12:52 AM