GST Council decisions provide relief to SME sector: India Inc
India Inc has welcomed the outcome of the GST Council meet.
Oct 06, 2017, 23:05 PM ISTGST Council meet: Big relief for SMEs, exporters; 27 items get cheaper
The GST Council made sweeping changes to give relief to small and medium businesses on filing and payment of taxes, eased rules for exporters and cut tax rates on more than two dozen items.
Oct 06, 2017, 22:38 PM ISTGST: Jaitley announces e-wallet for exporters, relief to SMEs
In a relief to small and medium enterprises, the GST Council has raised the turnover threshold to Rs 1 crore for businesses to avail of the composition scheme that allows them to pay 1-5 per cent tax without going through tedious formalities.
Oct 06, 2017, 20:28 PM ISTGST Council doles out sops for SMEs; composition scheme limit raised to Rs 1 cr
The GST Council discussed issues faced by small traders and requested quarterly filing of returns for small businesses.
Oct 06, 2017, 16:25 PM ISTGST Council meet: Relief package likely for small businesses, exporters
The full fledged meeting of the Goods and Services Tax (GST) Council is also likely to assess the improvements in the GST Network's functioning.
Oct 06, 2017, 08:58 AM ISTGovt considering $7.7 billion stimulus spending in FY18 to revive economy: Report
Pulled down by sluggish manufacturing, growth in the Indian economy in the first quarter of this fiscal fell to 5.7 percent, clocking the lowest GDP growth rate since Narendra Modi took power in May 2014.
Sep 21, 2017, 18:02 PM ISTGovt eyes extra $7.7 billion spending to halt economic slowdown: Sources
The official said that the economy was passing through a "transitory phase" after the government`s decision late last year to outlaw old high-value banknotes and after the launch of a nationwide goods and services tax in July.
Sep 21, 2017, 17:16 PM ISTGDP slowdown in Q1 due to higher subsidy outgo: Das
Attributing the slowdown in first quarter GDP to higher subsidy outgo, Finance Ministry on Wednesday expressed confidence that good monsoon and impact of pay commission award will push the economic growth close to 8 percent in the current fiscal.
Aug 31, 2016, 20:10 PM ISTBad loan write offs double to Rs 42,477 cr in 3 years
The amount of bad loans written off or restructured by the PSU banks has more than doubled in the last three years ending March 2014 to Rs 42,447 crore.
Dec 21, 2014, 11:16 AM IST