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According to civic officials, the earlier system was to charge property tax on the entire building or housing society.Business
Housing sales down 5 pc in Jan-Mar 2019 on changes in GST rates,...

In contrast to PropTiger report, real estate consultant Anarock said housing sales rose by 58 per cent to 78,520 units.

29 April 2019 5:55 PM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.Business
India, Peru to hold next round of FTA negotiations in August

The fourth round was held between March 11 and 15 this year in Lima, Peru.

29 April 2019 5:01 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.Business
Rationalise GST rate for hotels to push tourism sector growth: Report

Higher taxes on hotels make the segment less competitive as compared to other Asian peers.

29 April 2019 3:28 PM IST

The industrial growth measured by the Index of Industrial Production (IIP) for 2017-18 too decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal. The IIP had grown by 4.4 per cent in March 2017.Business
Election related uncertainty to weigh on economic activity: Report

D&B expects Index of Industrial Production (IIP) to be moderated by 1.0-1.5 per cent during March 2019.

29 April 2019 2:49 PM IST

\This new material (Eurotapes) could be used to make more potent and lighter wind turbines,\ Xavier Obradors said, predicting it will make it possible to manufacture wind turbines one day with double the potency than existing ones.Business
India to install 54.7 GW wind energy capacity by 2022: Fitch Solutions

54.7 GW of wind capacity to be installed by 2022 against 60 GW target

28 April 2019 4:20 PM IST

Coal IndiaBusiness
Coal India's supply to power sector up 7 pc at 488 mn tonne in FY19

The world's largest coal miner had dispatched 454.2 MT of coal to the power sector in 2017-18, as per latest government...

28 April 2019 3:26 PM IST

Wheat import duty was raised to 10 per cent to curb shipments. (Photo: PTI)Business
customs duty, wheat, wheat imports, minimum support price, MSP

The government wants to restrict overseas purchase so that domestic prices of wheat do not come under pressure.

28 April 2019 3:18 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.Business
RBI's revised guidelines for resolution of stressed assets likely...

RBI is in very advanced stage and revised circular should be out before declaration of general elections result.

28 April 2019 2:59 PM IST

The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.Business
Coal shipments at major ports rise 11 pc to 161 MT in FY19

These top ports under the control of the Centre had handled 145.59 MT of coal cargo in 2017-18.

28 April 2019 2:49 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.Business
GST e-invoice generation system on govt portal on anvil to reduce tax...

The proposed system of e-invoice will eventually replace the requirement of a generation of e-way bill for movement of...

28 April 2019 2:06 PM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.Business
Finance Ministry starts consultation with investors to launch global...

DIPAM will start developing the index for the ETF based on investors' feedback.

28 April 2019 1:39 PM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.Business
India further delays retaliatory tariffs on US products: official

The new tariff structure was to come into force from May 2, the spokeswoman said without citing reasons for the delay.

27 April 2019 5:19 PM IST

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