Business, Economy, 10th Nov 2017, News & Stories from India

Thursday, Apr 18, 2024 | Last Update : 05:00 PM IST

Business Economy 10 Nov 2017

Business, Economy, 10 Nov 2017

Finance Minister Arun Jaitley addresses the media after 23rd GST Council Meet in Guwahati, Assam. (Photo: PIB)

GST Council slashes rates of over 200 items; changes from Nov 15

Chocolates, shampoo, eating out to cost less; For now, no GST on real estate.

10 Nov 2017 7:29 PM

The RBI directed all banks to implement doorstep banking facilities for differently-abled citizens and those above 70 years of age by December this year. (Photo: PTI)

RBI directs to enable doorstep banking for senior citizens, differently-abled

Banks were also advised to provide a dedicated counter for senior citizens and people who are differently-abled.

10 Nov 2017 4:14 PM

The Economic Advisory Council to Prime Minister Narendra Modi on Friday spelt out a road map for stepping up skill development, job creation and enhanced resource investment in the social sector. (Photo: ANI)

EAC-PM spells out 'road map' for job creation, skill development, social welfare

The EAC also made recommendations to guide the framework for the Fifteenth Finance Commission.

10 Nov 2017 4:01 PM

The GST Council at its 23rd meeting in Guwahati has slashed tax rates on 177 items in the top 28 per cent slab. (Photo: PTI)

GST Council keeps only 50 of 227 items in 28 per cent slab

The Council has decided to keep only 50 items, mostly demerit, sin and luxury goods in top 28 per cent bracket.

10 Nov 2017 2:35 PM

Form TRAN-1 declaration is to be filed by persons registered under GST law who wish to claim credit for taxes paid under pre-GST regime.

Businesses can revise GST transition claim form now

Facility to revise Form GST TRAN-1 declaration has been introduced on GST Portal for taxpayers.

10 Nov 2017 2:02 PM

Dr Shamika Ravi, a Senior Fellow of Governance Studies Program at Brookings India and Brookings Institution Washington D.C. is attending the meeting of the EAC to Prime Minister Narendra Modi as a part-time member. (Photo: ANI)

Dr Shamika Ravi attends Economic Advisory Council meeting

The second meeting of the Economic Advisory Council is underway, headed by Bibek Debroy.

10 Nov 2017 1:03 PM

Central government employees can now take advance upto Rs 25 lakhs for construction or purchase of house at a simple interest rate of 8.50 per cent. (Photo: Pixabay)

Central govt employees can now take advance upto Rs 25 lakhs for new home

Earlier, the maximum borrowing limit was Rs 7.50 lakh with interest rate slabs ranging from 6 per cent to 9.50 per cent.

10 Nov 2017 12:30 PM

Domestic passenger vehicle sales declined marginally to 2,79,837 units in October. (Photo: PTI)

Car sales down 5.32 per cent; passenger vehicles dip marginally in Oct

Motorcycle sales last month declined by 3.50 per cent to 11,04,498 units compared to 11,44,512 units in October 2016.

10 Nov 2017 11:57 AM

The 23rd meeting of the Goods and Services Tax (GST) is now underway and is being chaired by Union Finance minister Arun Jaitley. (Photo: ANI)

23rd GST Council Meeting begins in Guwahati

The GST Council in its 23rd meet is expected to slash tax rates on various goods of common consumption.

10 Nov 2017 11:27 AM

The GST Council will meet for the last leg of its two-day meet in Guwahati and the session will be chaired by Finance Minister Arun Jaitley. (Photo: PTI)

GST Council meet: Tax overhaul of 200 items, relief for small biz expected

The GST Council will meet for the last leg of its two-day meet and the session will be chaired by Finance Minister Arun Jaitley.

10 Nov 2017 9:33 AM

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Syed Ata Hasnain