These consistent performers are expected to maintain momentum.
Under the Commission proposal, Greece would get the whole 7 billion in one go
Noting that oil prices had gone down after the BJP-led government came to power in May 2014, before they went up, Prasad said it is a problem whose solution is not in its hands.
A one rupee per litre cut in taxes would result in revenues being hit by Rs 30,000 crore on an annualised basis.
The official panel on value added tax decided on Thursday to ask the Centre to cut Central Sales Tax, imposed on inter-state movement in goods, to three per cent from the current four per cent from October.
Official panel on Value Added Tax decided to defer the phase out of the Central Sales Tax from next month to April 2007 after its failure to arrive at an agreement with the Union Government.
Some of the players in the GST race are Payworld, Dell, Tally Solutions
The Bill has already been passed by the Lok Sabha.
Some of the sops being offered to rope in new clients and retain the existing ones are cashbacks, reduced fee, and customised consultancy for clients.
The GDP has been estimated at Rs 126.54 lakh-crore (Rs 126.54 trillion).
The service is aimed at communicating with ease and on time. With 'Talking SMS' a subscriber could talk and send SMS, giving a 'personal touch and feel' to the communication, an Aircel release said.
They would intensify the protest if their concerns are not addressed in the Budget.
Telecom regulator TRAI has raised the need to look at the option of auctioning, as followed in Europe, to price the 3G spectrum -- a move that has been opposed by the operators as it could cost a mind-boggling Rs 10,000 crore.
'The government's full five-year term is unlikely to deliver more than 7+ per cent growth.' 'That's creditable, but no different from the 7.2 per cent achieved in the previous five years (2009 to 2014).' 'Those who expected the change of government to deliver a change of tempo would be disappointed,' says T N Ninan.
The government is likely to offer a slew of tax sops to telecom operators, including asking state governments not to levy sales tax on telecom services, seven years of exemption of revenue sharing on revenues from rural subscribers, etc.
Faced with rising input costs and increasing competition, Steel Authority of India Ltd has embarked on a Rs 400 crore (Rs 4 billion) cost-reduction exercise in the current fiscal in areas of raw material usage, energy and refractory consumption.
RBI has pegged the GVA growth of 7.6 per cent for the current fiscal and 7.9 per cent the year after
It has been clear for a while that India needs manufacturing - and it may be true that global manufacturing needs India as well. Time to strike while the iron is hot, say Rajat Dhawan, Anu Madgavkar and Sree Ramaswamy.
The government plans to create 50 to 100 rural business hubs through public-private-panchayat partnership throughout the country, so as to equally distribute the benefits of economic growth.
The first phase will end in 2018 and have the world's largest terminal under one roofThe first phase will end in 2018 and have the world's largest terminal under one roof
The IT services company is building underlying tech for connected cars
After coming into effect, the Real Estate Regulation Act will ensure that developers are unable to take home buyers for a ride
Alarmed at the deteriorating financial health of states, World Bank on Tuesday suggested sweeping reforms including early introduction of value-added tax, expenditure control and other fiscal discipline measures to eliminate their revenue deficit by
Pursuit of raw material had landed Bhushan Steel in the coal block allocation scam.
Correcting a serious anomaly in the value added tax structure, an official committee on Monday prevailed upon Delhi, Rajasthan, Uttar Pradesh and Gujarat to maintain uniform tax rates on bullion.
The GST rates for all but six items were finalised at the first day of the two-day meeting of the GST Council, headed by Union Finance Minister Arun Jaitley and comprising state representatives.
Delhi government on Wednesday exempted life-saving medicines from taxation under the value added tax regime and decided to approach the Empowered Committee of State Finance Ministers for reduction in sales tax on diesel.
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