• GST may have fewer slabs in future, says Chief Economic Adviser
GST may have fewer slabs in future, says Chief Economic Adviser.
27 Nov, 2017. \\ Business.

Chief Economic Adviser (CEA) to the Government of India, Arvind Subramanian has said going forward the Goods and Services Tax (GST), may have fewer rates by “collapsing” 12 per cent and 18...

  • Product prices slashed by FMCG companies to pass on GST benefits to customers
Product prices slashed by FMCG companies to pass on GST benefits to customers.
22 Nov, 2017. \\ Business.

Fast Moving Consumer Goods (FMCG) companies including ITC, Dabur, HUL and Marico, have announced that they have slashed prices of various products to pass on the benefits of the GST rate reduction to ......

  • Moody’s upgrades India’s credit rating
Moody’s upgrades India’s credit rating.
17 Nov, 2017. \\ Business.

Moody’s upgrades India’s rating and says reforms will foster sustainable growth. The  US-based Moody’s has upgraded India’s sovereign credit rating by a notch to ‘Ba...

  • Consumer product makers praise GST Council’s decision to lower tax on 177 items
Consumer product makers praise GST Council’s decision to lower tax on 177 items.
11 Nov, 2017. \\ Business.

Consumer product makers like Hindustan Unilever Limited and Patanjali have hailed the GST Council’s decision to lower tax rates on commonly used items and said the benefits will be passed on to ......

  • LPG price hike: Non- subsidised cylinder up by Rs. 93
LPG price hike: Non- subsidised cylinder up by Rs. 93.
1 Nov, 2017. \\ Business.

Price of Non-subsidised cooking gas LPG has been increased by Rs. 93 per cylinder from Wednesday, the 19th increase in rates since July 2016 when the government decided to eliminate subsidy on it by r...

  • Government scraps delayed GST returns filing penalty for August-September
Government scraps delayed GST returns filing penalty for August-September.
24 Oct, 2017. \\ Business.

In a major relief to taxpayers, Finance Minister Arun Jaitley today announced that the late fee on filing of the GST returns for the month of August and September would be waived off. Late GST return ......

  • Banks to provide funds at 7% to women SHGs, says RBI
Banks to provide funds at 7% to women SHGs, says RBI.
19 Oct, 2017. \\ Business.

The Reserve Bank of India (RBI) on Wednesday said banks will provide funds to women self help groups (SHGs) in rural areas at 7 per cent under the Deendayal Antyodaya Yojana National Rural Livelihoods...

  • IMF lowers India’s growth forecast for current financial year to 6.7%
IMF lowers India’s growth forecast for current financial year to 6.7%.
11 Oct, 2017. \\ Business.

The International Monetary Fund (IMF) on Tuesday shortened India’s growth forecast for Financial Year 2017-18 but expects a revival as structural reform bears fruit. In its latest World Econo......