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  Business   Economy  19 May 2017

Business, Economy, 19 May 2017

Icra says GST structure unlikely to fan inflation

The rating agencuy said that there is likely to be a limited impact of the GST on goods inflation.

19 May 2017 6:05 PM

GST is going to be consumer friendly: Arun Jaitley

Earlier, the GST Council decided to exempt the daily-use commodities from the levy.

19 May 2017 6:02 PM

Steel PSUs not holy cows, must compete with pvt players: Steel Minister

Till February, Rs 64,986 cr have been spent by SAIL towards modernisation and expansion, mines and related schemes.

19 May 2017 5:48 PM

GST will simplify tax administration: Minister

Behera said products manufactured in the states as well as in country could compete with products in international market.

19 May 2017 4:04 PM

FDI up 9 pc in FY17 to highest level of $43.48 bn: Govt

FDI equity inflows in the last three financial years rose by about 40 per cent to USD 114.41 billion.

19 May 2017 3:22 PM

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GST on gold deferred; education, healthcare exempt

Tax rates for gold and gold jewellery likely to be decided at GST Council's June 3 meeting instead.

19 May 2017 3:14 PM

Foodgrains, common-use products to get cheaper under GST

Milk and curd will continue to be exempt from taxation when GST replaced current indirect taxes.

19 May 2017 12:36 PM

Heavy bikes, yachts, private jets to attract 31 pc GST

All cars, buses, trucks, motorcycles, moped, personal aircraft and luxury yachts will attract 28 per cent tax.

19 May 2017 12:26 PM

FMCG stocks get a GST leg-up, jump up to 7 per cent

FMCG index was trading 2.56 per cent higher at 9,693.49 during the late morning trade.

19 May 2017 12:18 PM

GST Council to decide tax rates for services, gold today

Some states seek a 4 per cent tax on gold which does not form part of four-tier tax structure of GST.

19 May 2017 11:51 AM

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Consumers to pay less for common items under GST: Paswan

Free movement of goods will ensure easy availability and keep prices under check.

19 May 2017 10:39 AM

Khadi industry plans to employ 5 cr people in 5 yrs: Giriraj

khadi industry sales have gone up from Rs 35,000 crore in 2014 to about Rs 52,000 crore.

19 May 2017 10:28 AM

RBI liberalises tier-I presence in new bank branch policy

RBI removed the restriction on tier-I branches, which was earlier linked to the number of branches opened in the unbanked areas.

19 May 2017 10:19 AM

Power producers see tariffs coming down under GST

At present the average price of power of the state-run power giant NTPC Ltd is about Rs 3.20 per unit.

19 May 2017 9:49 AM

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