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  Business   Economy  23 Mar 2017

Business, Economy, 23 Mar 2017

Govt removes 1 pc TCS on cash purchase above Rs 2 lakh

Jaitley made cash transactions above Rs 2 lakh punishable by a fine of an equivalent amount.

23 Mar 2017 7:01 PM

Jaitley underlines urgency to pass GST bills

FM says bringing petroleum and land under its ambit will be considered after first year of implementation.

23 Mar 2017 6:10 PM

Parliament panel to summon Urjit Patel again

DEA Secretary Shaktikanta Das and Financial Services Secretary Anjuly Chib Duggal also being asked to appear before it.

23 Mar 2017 4:20 PM

Railways to implement ERP solution soon: Prabhu

Rail Minister added that railways will completely move towards e-tendering process to eliminate corruption.

23 Mar 2017 4:05 PM

LED bulbs have reduced power bills: Piyush Goyal

Power Minister says per piece cost of these bulbs has gone down from over Rs 300 to Rs 38.

23 Mar 2017 2:08 PM

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GST to make exports more competitive: Sitharaman

The new tax regime would subsume all indirect taxes like excise duty, sales tax and octroi.

23 Mar 2017 1:41 PM

Fin Min calls banks to discuss new facility to drain cash

Standing Deposit Facility aims to drain surplus cash at a rate lower than repo rate without need for any collateral.

23 Mar 2017 12:48 PM

Govt may table 4 GST bills in Parliament today: Meghwal

Cabinet on Monday cleared the four GST related bills to enable roll out of the Goods and Services Tax from July 1.

23 Mar 2017 12:36 PM

Govt tweaks AIF norms to boost startups

Last year, govt approved Fund of Funds for Start-ups with a total corpus of Rs 10,000 crore.

23 Mar 2017 10:54 AM

Cabinet greenflags amendments for cess removal

Step also aims to check misuse of export promotion schemes, including Drawback Scheme.

23 Mar 2017 10:51 AM

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