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  Business   Economy  20 May 2017

Business, Economy, 20 May 2017

GST won't affect financial autonomy of local bodies: Maha govt

State government has accepted the responsibility of compensation to local bodies for five years.

20 May 2017 6:46 PM

Modi Cabinet will soon take a call on FIPB abolition

Govt is yet to announce modalities of new system of processing applications which fall under approval route.

20 May 2017 5:30 PM

Govt working on new industrial policy for North East: Nirmala

Ministry had approved a package of fiscal incentives to promote industrialisation and investments in this region under this policy.

20 May 2017 5:08 PM

Exporters to get tax refund under GST within 7 days

India's exports grew by about 5 per cent to USD 276 billion in 2016-17.

20 May 2017 4:50 PM

H-1B visa for professionals would not come down: Nirmala

Any change in visa norms can affect the movement of labour as well as spike operational costs for IT players.

20 May 2017 4:29 PM


Economy class air travel set to become cheaper from July 1

Economy airfare will get marginally cheaper which should drive continued passenger growth in the air market.

20 May 2017 12:43 PM

Theme park visit to attract 28 per cent GST

GST Council over the two-day meeting on May 18-19 has decided to retain majority of the exemptions.

20 May 2017 12:28 PM

Maharashtra Legislature special session on GST from today

Maharashtra GST Bill seeks to protect financial powers and autonomy of local self-govt bodies in state.

20 May 2017 12:08 PM

GST will take three months to stabilise industries: Crisil

Of two, efficiency in goods will be higher than that in services, Crisil said in a note.

20 May 2017 11:26 AM

Ola, Uber rides could get cheaper under GST

At present, a service tax of 6 per cent is levied on rides booked through cab aggregators like Ola and Uber.

20 May 2017 11:11 AM


GST: FinMin warns industry against arbitrary price hike

Tax department may invoke anti-profiteering clause after mechanism is put in place.

20 May 2017 10:59 AM