FinMin to move to cash basis accounting for GST collection

Apr 24 2018 | 1 hrs ago

FinMin will from this fiscal shift to cash basis accounting for GST where monthly collections will be reported on the first working day of the following month.

E-way bill implementation a grand success in Haryana: Abhimanyu

Apr 24 2018 | 3 hrs ago

The implementation of e-way bill in Haryana under the Goods and Services Tax has seen a grand success, state Excise and Taxation Minister Abhimanyu said.

Demand for under-construction properties fall in Delhi-NCR

Apr 23 2018

"Demand for under-construction properties have reduced considerably in the wake of an effective 12 per cent GST levied on the segment," a report said.

Indian elephant ready to run after economic reforms: IMF official

Apr 22 2018

Global investors feel that the Indian "elephant is ready to run" after sustained economic reforms, a top IMF official has said.

FinMin examining issues in converting GSTN to govt company

Apr 22 2018

The Finance Ministry is examining various issues including overhaul of procurement procedures and the salary structure of employees in convert GSTN into a govt company.

India's pace of growth to accelerate in 2018-19: RBI governor

Apr 22 2018

Asserting that the Indian economy turned in a resilient performance in 2017-18, Urjit Patel has said the countrys growth is expected to accelerate next fiscal.

GST roadblocks hit India's export prospects in FY'18: PHD

Apr 21 2018

Roadblocks such as delay in GST refunds and note ban after effects hit export prospects in 2017-18 amid a revival in demand mainly US and EU markets, report said.

New industrial policy to up investment, mfg share in GDP: Prabhu

Apr 21 2018

Prabhu said that the upcoming industrial policy was expected to bring new investment and increase the share of manufacturing in the country's GDP.

'Big reforms made India fastest growing major economies globally'

Apr 21 2018

He said the launch of GST represented an "historic economic and political achievement, unprecedented in Indian tax and economic reforms.

Petro products need to be brought under GST: Pradhan

Apr 20 2018

Pradhan stressed on bringing petroleum products under the GST to provide relief to common people from spurt in fuel prices following surging global crude oil rates.

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Stocks In News



Steel Ministry To Announce Scrap Policy This Year

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Steel Secy Arun Sharma Says Policy Will Be Out By December 2018

Scheme Will Come In Effect From April 2020

Mint Reports


Telenor India Eyes Bankruptcy Filing, Merger Plan With Airtel May Take Hit

Legal Tussle Over Bank Guarantee Could Also Delay Govt Approval

Economic Times Reports


Lenders To Meet Today To Decide On Essar Steel

CoC May Give Time To Arcelor And Numetal To Rectify Bids

Business Standard Reports


IPO under SEBI scanner

SEBI has sought details of investment made by ICICI Prudential MF

Had to cut its IPO Size To Rs 3,520 Cr from original target of Rs 4,017 Cr

A large chunk was bought by ICICI MF

ICICI MF is ICICI Securities largest public shareholder with 3.82% stake

Mint Reports


Board approves proposal for corporate restructuring

Move aimed at simplifying & clarifying structure & holdings

To focus on travel, forex, destination mgmt & portfolio investments

Restructuring will consolidate HR services into Quess Corp

Shareholders will receive 1,889 shares of Quess for every 10,000 Shares Held in Co

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