No single rate for all commodities under the GST : Jaitely
Our Correspondent / New Delhi The government today ruled out having a unified rate for all commodities under the Goods and Services Tax (GST) saying items like food products have…
Maruti December sales rises by 10.31%
AMN / Mumbai India Car major Maruti Suzuki India (MSI) today reported 10.31 percent increase in total sales at 1,30,066 units in December 2017 compared to 1,17,908 units in the…
2018 may see $50bn mergers and acquisitions: ASSOCHAM
AMN / New Delhi In the backdrop of plenty of stressed corporate assets on offer at tempting valuations, India is expected to see mergers and acquisitions (M&A) worth 50-billion dollar…
UAE introduces VAT for first time
Abu Dhabi Value Added Tax (VAT) has been introduced in the United Arab Emirates for the first time, the BBC News reported on Monday. The 5% levy is being applied…
Govt cautions people against risks in investing in Bitcoin
AMN Finance Ministry today cautioned people dealing in virtual currencies saying these are not legal tender and have no protection. Noting that there has been a phenomenal increase in recent…
Worrying signs: Govt breaches fiscal deficit target in 8 months
AMN /NEW DELHI The government has violated its fiscal deficit target given in the Budget for 2017-18 in November itself. During the April-November period, the fiscal deficit was 112 per…
Govt extends date for filing of final GST Returns till Jan 10
AMN The Centre has extended the last date for filing of final sales return GSTR-1 till 10th of next month under the Goods and Services Tax. As per a government…
No official estimation of black money in circulation, Jaitely
AMN / NEW DELHI The government today said there is no official estimation of the quantum of black money in circulation in the country and the amount stashed outside the…
Lok Sabha passes Insolvency and Bankruptcy Code Amendment Bill
AMN / NEW DELHI The Lok Sabha today passed the Insolvency and Bankruptcy Code (Amendment) Bill -2017 with a voice vote. The bill prohibits certain persons from submitting a resolution…
What Does 2018 Hold For Stocks After Sensex Rallies 30 Pct This Year
By S Bhatnagar, Market Strategist Markets are likely to post modest-to-flat returns next year as investors digest a stunning 30 percent rally on the Sensex that came in despite the…