GST will come on time, but multiple rates will dilute benefits
Uploading Date : 04-11-2016India moved a step closer to creating a national sales tax but a deal on rates reached on Thursday will hit some businesses harder than others, while its complexity will dilute any boost to growth and undermine its reliability as a revenue generator............
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Centre, states divided on who will control GST
Uploading Date : 04-11-2016A day after reaching a consensus on tax rates, the GST Council on Friday failed to arrive at an agreement over the crucial issue of administrative control over assessees under the new indirect tax regime......
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Industry welcomes new GST rates; Aam aadmi's grocery bill may not rise
Uploading Date : 03-11-2016NEW DELHI: India finalised a four-tier Goods and Services Tax (GST) structure – ranging from 5% to 28% – taking a significant step towards implementing the biggest reform of indirect taxes, which the government hopes will shield the common man from price shocks........
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Advent International to refinance $ 125 million loans
Uploading Date : 02-11-2016MUMBAI: Private equity fund Advent International is in advanced stages of talks to refinance $125 million (about Rs 834 crore) of loans it had raised to buy a controlling stake in Crompton GreavesBSE -0.45 % Consumer Electrical (CGCE) last year at a cheaper rate, two people familiar with the matter said.......
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Passport, licences, examinations, other services set to get costlier
Uploading Date : 02-11-2016NEW DELHI: You may need to pay more for passport, licences, registration, examinations and a host of other services provided by the government as the finance ministry has asked departments and ministries to raise user charges to recover costs of services provided........
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Three stocks you can buy today
Uploading Date : 01-11-2016Here are a few trading ideas from Chandan Taparia of Anand Rathi for trade today: BUY COALINDIA: The stock crossed and closed above its 200 weekly moving average and is making higher top – higher bottom formation from last two weeks..............
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Home finance companies reluctant to lend to builders
Uploading Date : 01-11-2016MUMBAI: Home finance companies may be the toast on stock exchanges, but they are going slow in lending to struggling builders and small companies........
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Manufacturing growth revives in October with 22 month high PMI
Uploading Date : 01-11-2016NEW DELHI: India's manufacturing growth revived in October supported by new orders, output and stocks of purchases indicating a "robust improvement" in manufacturing business conditions, a private survey showed on Tuesday.........
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