Low base drives up Corporate India's Q1 revenues 17% on y-o-y basis; consumer-oriented sectors do well, says Icra
• 7 years ago"Indian corporate sector's aggregate revenues have grown by 17.1 percent during the first quarter (Q1FY19), on a year-on-year basis,
Bosch's Q1 net profit rises 42% to Rs 431 crore; revenue from operations stands at Rs 3,212.15 crore
• 7 years agoBosch Ltd said its total expenses for the period under review stood at Rs 2,677.89 crore as against Rs 2498.16 crore.
MNCs play truant, cite vague reasons for not passing on GST rate cut benefit to consumers
• 7 years agoAccording to anti-profiteering rules, the authority will suggest to MNCs a return of the undue profit earned from not passing on the GST rate cut benefit to consumers along with an 18 percent interest as also impose a penalty.
India can't have single rate GST, 3-slab structure possible, says CEA Arvind Subramanian
• 7 years agoGoods and Services Tax (GST) is a "work in progress" and there is a need for further simplification of rates with fewer exemptions and simpler policies.
GST anniversary: A simplified tax regime has improved ease of doing business, but barriers remain: Entrepreneurs
Sulekha_nair • 7 years agoThe GST has helped organise the unorganised sector to a large extent, and, in many cases, has revolutionised entire industries. But, pain-points remain.
GST at one: Govt pleasantly surprised by political class rallying behind tax regime; admits technology let it down initially
Fp Staff • 7 years agoAdhia went on to say that natural gas and aviation turbine fuel (ATF) might come under the GST in near future.
GST benefits mainly for housing projects executed post implementation of unified tax, says report
• 7 years agoBenefits of GST for home buyers would majorly be seen in projects executed post implementation of the unified tax regime in July last year
MSMEs with exposure of less than Rs 10 lakh yet to recover from demonetisation and GST, says report
• 7 years agoEven as economy has largely recovered from shocks of demonetisation and GST, micro enterprises with borrowings of under Rs 10 lakh are yet to fully recover
Budget 2018: Moody's says 3.3% fiscal deficit in line with forecast, target achievable
• 7 years agoIn the Budget, Finance Minister Arun Jaitley revised fiscal deficit estimates for the current financial year upwards at Rs 5.95 trillion or 3.5 percent of GDP against the estimate of 3.3 percent
GDP growth revives to 6.3% in July-Sep: RBI gets room to stay put on interest rate, say experts
Fp Staff • 7 years agoThere has been positive news in the form of improvement in ease of doing business rankings, Moody’s upgrade of India’s rating and the massive recapitalisation plan for banks