COVID-19 impact: Extension of concession period for toll road operators unlikely to provide adequate relief, says ICRA
Post-resumption of tolling, toll collections reached 30-35% of pre-COVID-19 levels in last week of April 2020, which subsequently improved to 50-55% in May 2020, it added.
Under the Goods and Services Tax (GST), implemented on 1 July, 2017, the Centre has to compensate states/UTs for loss of their revenue on account of implementation of the new indirect tax regime.
The Bill replaces Ordinance which provided for a hike in GST cess on a range of passenger vehicles from mid-size to hybrid variants and luxury cars to 25 percent
RBI holds rate at 6%: Policy a firm statement of independence by MPC; growth is for govt to take care of
The RBI will not budge on interest rates as inflation threat looms. The statement seems to be clear on this.
Following the rollout of GST, the number of registrants originally paying taxes like VAT, Excise and Service Tax, which was around Rs 80 lakh, has been growing said Jaitley
The Pune-based FTII has suffered revenue loss of nearly Rs 12 crore on account of students not completing their courses on time, the CAG said
BJP's refusal to tax rich farmers shows party lacks courage to rise over vote bank politics a la Congress
The BJP which came to power on the pretext of nationalism and often dissed Congress for its vote bank politics unfortunately also lacks the courage to upset the rich farmers who control the vote bank
Mukesh Ambani's Reliance Jio to start commercial launch from April; industry heaves a sigh of relief
Salgaonkar also said that the top 3 telcos – which means Bharti, Vodafone and Idea - will continue to invest in building capacity to compete with RJio
Day 1 of the panel meeting did not take up the contentious issue of control of assesses which had been till now holding up roll out of Goods and Services Tax (GST) regime
The West Bengal government would support the Goods and Service Tax (GST) Bill only if the states were fully compensated for the revenue loss, Chief Minister Mamata Banerjee said on Friday.