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'Reasonably possible' to meet 1 April GST deadline as no political bickering among states now: Arun Jaitley

Sep 28, 2016

'Reasonably possible' to meet 1 April GST deadline as no political bickering among states now: Arun Jaitley

The GST Council has the mandate to look into issues of dual control and threshold rates with the states demanding that they be given the legal and administrative powers for imposing tax on entities with turnover of up to Rs 1.5 crore. #Arun Jaitley #GST #VAT #Tax reform #Octroi #April 1 #central GST #GST legislations #2017 deadline #Integrated GST #SBI Economic Council
ADB retains India's FY17 growth estimate at 7.4% on robust demand, key reforms

Sep 27, 2016

ADB retains India's FY17 growth estimate at 7.4% on robust demand, key reforms

As corporates successfully deleverage and bank reform boosts lending, recovery in private investment will help drive growth to 7.8% in 2017 #Economy #Monsoon #Growth #GST #Reforms #Agriculture output #ADB
Reliance Capital likely to list home finance biz by April; eyes consumer lending growth

Sep 27, 2016

Reliance Capital likely to list home finance biz by April; eyes consumer lending growth

Anil Ambani also said the group may look at separate listing of various businesses, including life insurance, general insurance and commercial finance at an appropriate time #Economy #Anil Ambani #Reliance Capital #Monsoon #GST #Life insurance #Listing #AGM #General Insurance #home finance arm #consumer lending
GST Council meet: Not time for false optimism, there are bigger political issues to be resolved

Sep 24, 2016

GST Council meet: Not time for false optimism, there are bigger political issues to be resolved

Industry had been asking for a Rs 25 lakh cut-off (which would have brought seven crore companies into the net), but the GST Council seems to have struck a happy compromise at Rs 20 lakh. #GST #Kavita Rao #National Institute of Public Finance and Policy #GST Council #CAIT #GST regime #Govind Rao #Neelkanth Mishra
GST Council holds first meeting: Centre, states battle it out on many issues but agree on 1 April rollout

Sep 23, 2016

GST Council holds first meeting: Centre, states battle it out on many issues but agree on 1 April rollout

The Council will continue meeting today and deliberate on at least three contentious issues - 'cross empowerment to avoid dual control' and 'threshold' and base year for compensating states for loss of revenue #West Bengal #Arun Jaitley #Amit Mitra #GST #Manish Sisodia #VAT #NDA #Arvind Subramanian #Chief Economic Advisor #Hasmukh Adhia #GST Council #Thomas Isaac
Finance Ministry pitches for rating upgrade with Moody's citing reforms

Sep 22, 2016

Finance Ministry pitches for rating upgrade with Moody's citing reforms

India’s sovereign rating by Moody’s stands at ‘Baa3’, the lowest investment grade—just a notch above ‘junk’ status. #Monetary policy #FDI #Moody's #GST #parliament #Bankruptcy #fiscal consolidation #India rating #non performing assets #credit profile
Union Budget overhaul ends British legacy but will throw up major challenges on data

Sep 21, 2016

Union Budget overhaul ends British legacy but will throw up major challenges on data

The issue with such advancement is that a lot of data which is required when drawing up the Budget would not be available and hence there could be several guestimates rather than estimates #GDP #GST #Railway Budget #parliament #Union Budget #spending #advance tax #data #Plan Expenditure #Refunds #Non-plan Expenditure
'Reforms to boost growth; banking risks constraint rating': Moody's

Sep 20, 2016

'Reforms to boost growth; banking risks constraint rating': Moody's

Moody's Investors Service today said the reforms undertaken by the government will help boost investor confidence and bolster growth potential, but cautioned muted private investment and banking sector risks will remain a constraint on India's sovereign rating. #NewsTracker #FDI #Moody's Investors Service #GST #Reforms #private investment #banking risks
GST rollout: Centre mulling to 'advance' Winter session for early passage

Sep 18, 2016

GST rollout: Centre mulling to 'advance' Winter session for early passage

n a bid to roll out the crucial Goods and Services Tax (GST) from 1 April next year, the Modi government is considering to prepone the Winter session of Parliament to pass the CGST and IGST bills, and pave way for implementation of the new sales tax regime. #NewsTracker #Goods and Services Tax #GST #Modi government #GST Bill #sales tax regime
Govt plans Rs 4000 crore overhaul of 80 border check posts for GST: Nitin Gadkari

Sep 18, 2016

Govt plans Rs 4000 crore overhaul of 80 border check posts for GST: Nitin Gadkari

Road Transport and Highways Ministry is considering a Rs 4,000 crore overhaul of around 80 border check posts across the country for GST. #India #NewsTracker #Nitin Gadkari #GST #Road Transport and Highways Ministry #border check posts