Reaching a consensus might also get tougher, as already seen with issues like inclusion of natural gas in GST and imposition of a sugar cess, both central proposals being resisted.
The government's stated vision is that it wants to make India a manufacturing hub and that is where such a rush or confusing policies don't help, reports Shubhomoy Sikdar.
The GST Council's agenda includes trimming the number of items in the 28 per cent slab by 75 per cent, easier compliance for assessees and small taxpayers, and a presentation on bringing real estate under GST.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Businesses are still taking time to adjust in the new tax regime, which would weigh on growth rates for the financial year closing today.
Flipkart on Tuesday launched a next-day delivery service.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
Industry experts on Friday called upon the new BJP-led NDA government to focus on attracting investments in key sectors, especially the infra space, to revive growth and investor confidence.
The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.
The survey was based on the survey of 44 banks.
Showing a better trend in remuneration and other benefits for the top-level executives, staff salaries across the board have risen by an average of 50 per cent.
598 problems. 7,531 possible solutions. 10,000 students. Vivek Kulkarni takes us through the making of the 36-hour event.
Govt steps up security to check criminals seeking bank details of taxpayers
Inflation dipped to a five-month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items.
Samsung eyes growth in consumer electronics business in 80 districts through its service vans, and adding over 250 service points and as many resident engineers.
When Nitin Gadkari took charge as Road Transport and Highways Minister in 2014, he had set a target of constructing 40 km a day in two years. But construction at this point is a mere 16 km a day. Megha Manchanda on what ails the road sector.
AAP, set to form the government in Delhi, had said it was opposed to foreign direct investment in multi-brand retail.
The role of AI spans coaching, performance, learning, engagement and career growth.
Because of high rents in Mumbai and the response from Delhi, most luxury retail players want to expand in the capital.
The Council also discussed process to make return filing simpler with just one return to be filed every month.
The consumer durables segment declined by 23.4 per cent in June, as against a dip of 10.1 per cent a year ago.
Ministry to propose a new subsidy mechanism to cap upstream firms' share.
The country may propose pipeline via China when Putin visits this year.
Branch additions for most major banks in the current financial year do not correspond to the number of the past two years.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
Maruti Suzuki posted a marginal increase in January and the likes of Hyundai, Ford and Mahindra & Mahindra reporting a single-digit growth.
Arun Jaitley had proposed in the Budget to double the rate of capital gains tax on debt MFs to 20%.
The broader markets ended in line with the benchmark indices- BSE Midcap and Smallcap indices ended higher by 1.3% and 0.9% each.
Apart from streamlining loan processing, most public sector banks charge lower interest rate, an aspect which seems to be game changer.
In five years, royalty payments have grown 31.1% yearly, much faster than rise in revenue and profit.
In the past four months, launches of luxury and super luxury cars have sped ahead of non-luxury ones.
With over 200 brands and websites as participants this year, the Google Online Shopping Festival is turning bigger.
According to estimates, if the companies are not allowed to raise petrol rates at least Rs 5 a litre by the first fortnight of September, they might begin to suffer underrecoveries on this decontrolled auto fuel, too -- for the first time this financial year.
Though inflation, on the basis of the wholesale price index, is nowhere near the 1990-91 level of 10.26 per cent and India is in a much better position to check it, the greater integration of our economy with the globe has exposed it to a much higher risk of imported inflation.
Each city would get Rs 100 crore (Rs 1 billion) every year.
The e-commerce sector gave a much higher average hike of 16-20 per cent to its executives.
Lenders are not enthused because, as brokers, their responsibility towards policyholders will be higher than corporate agents.
Among the greatest mistakes women make in their career is losing track of their career goals, not taking additional responsibilities and learning new skills and technology.
