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  Business   Economy  17 Jun 2017

Business, Economy, 17 Jun 2017

CAIT asks GST Council to revisit products under 28 per cent slab

CAIT also urged the GST Council to suspend implementation of E-Way Bill for at least six months.

17 Jun 2017 7:44 PM

RBI initiates PCA against BoM as NPA mounts

For the year ended March 2017, the net non-performing assets (NPAs) of the bank rose to 11.76 per cent.

17 Jun 2017 6:51 PM

Reduce GST on MMF & yarn from 18 to 12 pc; Textile industry

Even with 12 per cent GST rate on yarns, the additional cost would be Rs 1.3 lakh per loom per year.

17 Jun 2017 5:59 PM

Defer GST rollout as IT network not ready: Assocham to Jaitley

There are at present about 80 lakh excise, service tax and VAT assessees, of which 64.35 lakh have already migrated to GST Network.

17 Jun 2017 5:36 PM

NPA resolution: PMO to review progress on June 19

Banking sector is saddled with NPAs of over Rs 8 lakh crore, of which Rs 6 lakh crore is on the books of PSBs.

17 Jun 2017 12:47 PM


Jaitley to chair 17th GST Council meeting on Sunday

Council to approve draft GST Rules and related forms for advance ruling, assessment and audit and others.

17 Jun 2017 11:53 AM

'No timeline for identification of additional defaulters'

Mundra says banks are being encouraged to resolve in six months' other cases too.

17 Jun 2017 10:53 AM

MoS Finance alleys traders' fears over GTS rollout

GST Council will discuss issues raised by textile and automobile industry tomorrow.

17 Jun 2017 10:17 AM

Diesel imports to rise due to BS-IV standard

Ongoing upgradations in various refineries also seen as reason behind rise in imports.

17 Jun 2017 5:02 AM