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  Business   Economy  22 May 2017

Business, Economy, 22 May 2017

CBDT signs 2 more unilateral APAs with taxpayers

So far this fiscal, four APAs have been signed and the CBDT expects more APAs to be signed in the near future.

22 May 2017 8:28 PM

Govt sets $45 billion textiles exports target for FY18

Country's overall textiles and garments exports during 2015-16 stood at USD 40 billion.

22 May 2017 8:27 PM

Modi's steps to benefit growth over medium term: Crisil

GDP growth rate has accelerated to over 7 pc now, making India the fastest- growing major economy in the world.

22 May 2017 7:26 PM

Aviation sector earnings set to fly high in Q1 FY18

Service tax on economy class air travel has been lowered from 6 per cent to 5 per cent under the GST regime.

22 May 2017 7:04 PM

Kerala CM confident on PM inaugurating Kochi Metro project

Pinarayi Vijayan said that discussions with the regard to project's inauguration was underway with the PMO.

22 May 2017 5:43 PM


Govt aims to construct 12lakh houses in FY18 under PMAY scheme

Centre targets construction of 26 lakh houses in 2018-19, 26 lakh in 2019-20, 30 lakh in 2020-21 and 29.80 lakh in 2021-22.

22 May 2017 4:44 PM

Auto loan collections return to normalcy post note ban: Fitch

Collections for new small vehicle loan pools were marginally stressed in November and December at 105 per cent.

22 May 2017 4:32 PM

RBI to unveil framework on NPAs ordinance in 15 days

Framework would include creation of a separate cell to identify issues pertaining to NPAs.

22 May 2017 3:28 PM

Luxurious Tejas Express will offer LED TV, Wi-Fi, CCTV

The train would run between Mumbai and Karmali (Goa) five days a week during non-monsoon period.

22 May 2017 2:53 PM

'GST to impact woking capital cycle, put strain on liquidity'

RBI to spell out detailed actions at its April policy and sterilised Rs 1 lakh crore in excess liquidity.

22 May 2017 2:41 PM


Clamour grows to bring petroleum under GST; J&K fires 1st salvo

GST is perhaps the most significant tax reforms post independence and will revolutionise the entire indirect tax system.

22 May 2017 1:40 PM

There are alternate modes of payments for end consumers

FinTech companies are innovating and introducing many ‘alternate’ payment options.

22 May 2017 12:57 PM

Modi's biggest tax reform GST to transform India's $2 trn economy

Indirect tax now on fast track to becomng a reality from July 1 as Council has finalised all tax rates.

22 May 2017 11:43 AM

Centre mulls Bitcoins norms

Bitcoins are first currency of choice in underground activities as they are practically untraceable.

22 May 2017 1:37 AM