Tue, Nov 20, 2018
The Central Electricity Regulatory Commission (CERC) has approved the claims of Rs 2,000 crore raised by solar power developers on the impact of the introduction of the Goods and Services Tax (GST) on their capital cost.
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Thu, Aug 16, 2018
Since the household sector is the largest contributor to savings, the overall savings rate declined to about 30 per cent in FY17, after remaining well above 32 per cent for many years, it said. In FY12, the rate was a robust 34.6 per cent.
Tue, Feb 13, 2018
The company said its income declined on account of volume decline due to customer destocking, coupled with GST impact on duty drawback
Fri, Nov 10, 2017
The merger and acquisition (M&A) deals in the country declined by 22 per cent last month on a year-on-year (YoY) basis, a report said on Thursday.
Tue, Oct 17, 2017
While 40% of the ad spends during the year come during the festive period, the peak of the festive period has always been the Diwali festival which sees almost all brands spending on advertising.
Tue, Oct 03, 2017
Fitch said that economic activity "may have been disrupted" in 2Q17 by firms running down inventory ahead of the implementation of the Goods and Services Tax (GST) in July.
Fri, Sep 22, 2017
India's GDP (Gross Domestic Product), which is a sum total of all goods and services produced in the country in a given period, dropped to a three-year low at 5.7% in three months ended June 2017.
Tue, Sep 05, 2017
In the month of July, the seasonally adjusted Nikkei India Services PMI Business Activity Index plunged from June’s eight-month high of 53.1 to 45.9, its lowest level since September 2013.
Tue, Jul 04, 2017
GST tax slabs have turn out to lower in economic class tickets, while higher in business class tickets. However, analysts feels migration to GST would be largely neutral for airline sectors.
Sat, Jul 01, 2017
Goods and Service Tax (GST) is now a reality. Last night, President Pranab Mukherjee and Prime Minister Narendra Modi along with other eminent dignitiries launched the new tax structure at Central Hall.
With GST rollout, the cost of whether it is cars, financial services, essential items or travel tickets, everything will change.
A four slab tax rate structure of 5%, 12%, 18% and 28% has been adopted for GST. According to the government, 81% of items to fall below or in 18% GST slab.
Fri, Jun 30, 2017
While SUVs and large cars will see a large decline in taxes due to GST, small cars tax rates will remain relatively the same. Here is how GST will impact the automobile sector.
With the motto of "One Nation-One Tax-One Market", GST is expected to benefit stakeholders namely industry, government and consumer.
With the GST rollout at the stroke of midnight tonight here is how it will impact your business, industry and even your household finances.
However, GST, as accepted by the Government, is going to see some hiccups in the beginning as is the case with any disruption. Past few weeks has seen companies destocking their products at a rate faster than expected. Industry experts believe that normalisation may return to the Indian economy only by the third quarter (Q3FY18) of the current fiscal, i.e. September to December 2017 period.
Tue, Jun 27, 2017
With a GST of 40 per cent as opposed to current incidence of taxation at 34-35 per cent, aerated beverages like Coke have been "the worst hit category of beverages" under GST.
Customers currently pay 15% service tax for financial services. Starting from July 1, 2017 the GST will replace all indirect taxes like service tax and Value Added Tax. Financial services and telecom have been put in the 18% GST slab.
Fri, Jun 23, 2017
The Sensex touched a high of 31,365.39 and a low of 31,110.39 points during intra-day trade.
Thu, Jun 22, 2017
Mon, Jun 19, 2017
Key highlights:
Thu, Jun 15, 2017
At the ReTech Conclave hosted by Retailers Association of India on Wednesday, where the retailers gathered anticipated little or no change in sales figures post GST implementation. Key Highlights
Tue, Jun 13, 2017
To protect interests of small businesses with the government's introduction of e-way bill and sales rule in the upcoming GST, industry owners have urged the GST Council for relaxed procedures and revised policies before it rolls out the new tax from July 1 this year.
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