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  Business   Economy  10 Sep 2017

Business, Economy, 10 Sep 2017

M&M, Audi, Mercedes Benz plan to pass on cess hike on cars to customers

The companies said the constant changes in rates could lead to market instability and affect demand growth trends.

10 Sep 2017 7:03 PM

Raghuram Rajan debunks myth of his exit; hints he wanted to stay on

Rajan has debunked the theory that Chicago University's refusal to extend his leave forced his departure.

10 Sep 2017 6:45 PM

GST cess hike on luxury, mid-sized cars to take effect tomorrow

The GST Council on September 9 decided to hike cess on mid-sized cars by 2 per cent, taking the effective GST rate to 45 per cent.

10 Sep 2017 6:34 PM

India renegotiates pricing of LNG with Exxon: Oil Minister

The Gorgon gas prices are now linked to about 13-13.5 percent of the global oil price on a delivered basis.

10 Sep 2017 5:43 PM

Govt to focus on water grid, highways-cum-airstrips: Gadkari

Nitin Gadkari spoke about a number of projects the government has lined up for providing better infrastructure to people.

10 Sep 2017 5:24 PM

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PNB customers to pay for more than 5 ATM transactions from October

The revised charges will be effective from October 1, 2017, the bank said in a notice.

10 Sep 2017 4:33 PM

TDS, TCS deductors can apply for GST registration from Sep 18

Following industry demands, the government in June had decided to defer the TDS and TCS provision for smooth rollout of GST.

10 Sep 2017 3:19 PM

Idli dosa batter to raincoats - 40 things to cost less under GST now

The rate revision in these 40 items followed after the fitment committee noticed anomalies in GST levied in these products.

10 Sep 2017 2:32 PM

RBI not using counting machines to tally scrapped notes

RBI was asked to give details about machines being used for counting the Rs 500 and Rs 1,000 notes.

10 Sep 2017 1:12 PM

Project Insight: Taxmen to track buys via social media to curb black money

Taxmen will analyse mismatches in income declarations and spending patterns to trace tax evasions and black money.

10 Sep 2017 12:45 PM

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Govt plans to mandate linking of Aadhaar with SIM by Feb 2018: reports

However, consumers' biometrics will not be stored by telecom operators but by UIDAI.

10 Sep 2017 12:15 PM

Moderation in export to narrow India's trade deficit to USD 10.3 billion in Aug

According to official data, India's trade deficit stood at USD 11.44 billion in July.

10 Sep 2017 11:35 AM

GST returns filing date further relaxed till Oct 10

Filing of GSTR-2 for July will have to be done by October 31, and GSTR-3 by November 10.

10 Sep 2017 11:24 AM

FinMin to start work on Union Budget 2018-19 next week

This Union Budget will be India's first post-GST Budget and will not be concerned with service and excise levies.

10 Sep 2017 11:03 AM

GST Council hikes cess on luxury cars, slashes rates for daily-use items

Jaitley said GST on about 30 items have been lowered after anomalies in the fixation of rates were pointed out.

10 Sep 2017 10:43 AM

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GST cess on luxury cars hiked; 30 items cheaper

Computer monitors, oil cakes, dhoop batti, dhoop, plastic raincoats, rubber bands and rice rubber rolls for paddy de-husking will also cost less.

10 Sep 2017 7:08 AM

GST rates altered, cess on luxury cars hiked

SUVs, mid-sized and luxury cars, however, will get costly by 2 to 7 per cent.

10 Sep 2017 2:38 AM

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