Economy has got wind under its sails & it’s expected to soar higher in future

  The government under the leadership of Prime Minister Narendra Modi has completed its three years. During this period, the government has worked towards gaining strength in macroeconomic fundamentals through a range of reform measures which also benefited the people, especially those deprived of the fruits of economic development in the past More...

by Loknath Das | Published 3 days ago
By Loknath Das On Friday, May 26th, 2017
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Taxes On Entertainment Services Set To Come Down After GST Rollout

New Delhi: Lower taxes will prevail in the entertainment sector in the Goods and Services Tax (GST) regime as service providers will be eligible for full input tax credit, Finance Ministry said on Tuesday. “Entertainment More...

By Loknath Das On Wednesday, May 24th, 2017
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Indian Economy To Improve, Cost Of Funds May Increase: Survey

New Delhi: India’s economy is set to witness improvement in the overall conditions, owing to growth of external financial linkages, ample funds and pickup in the domestic economic activity, according to a More...

By Loknath Das On Tuesday, May 23rd, 2017
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GST To Reduce Inflation By 2%: Revenue Secretary Hasmukh Adhia

Gulmarg: Inflation will fall by 2 per cent on implementation of the Goods and Services Tax (GST) and create buoyancy in the economy, Revenue Secretary Hasmukh Adhia has said. With the stage set for the biggest More...

By Loknath Das On Monday, May 22nd, 2017
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Foodgrains, Soaps To Cost Less Post GST Rollout, Cars To Be Expensive

rinagar: Foodgrains and common-use products like hair oil, soaps and toothpaste as also electricity will cost less from July 1 when the GST is scheduled to be rolled out as the all-powerful GST Council on Thursday More...

By Loknath Das On Friday, May 19th, 2017
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GDP Numbers Likely To Be Revised Higher, Says Nomura

New Delhi: The new series for industrial production and wholesale prices suggest that the GDP numbers for financial year 2016-17 could be revised up from 6.7 per cent to 7.4 per cent, says a Nomura report. The More...

By Loknath Das On Thursday, May 18th, 2017
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Petrol, Diesel Prices Cut Sharply On Lower Global Oil Rates

Petrol price was lowered by Rs. 2.16 per litre while diesel rate was cut by Rs. 2.10 per litre on Monday. Revised rates will take effect from midnight, Indian Oil Corp. – the country’s largest fuel More...

By Loknath Das On Wednesday, May 17th, 2017
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Time Of Reckoning For Those Who Evade Tax, Says Arun Jaitley

New Delhi: Finance Minister Arun Jaitley on Tuesday said post-demonetisation cash transaction through tax-evaded money is no longer easy, as detection has become very efficient, thanks to digitisation. “After More...

By Loknath Das On Saturday, May 13th, 2017
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Consumer Inflation Seen Easing To Three-Month Low

Consumer prices likely rose 3.49 per cent in April, according to a Reuters poll of economists, compared with an increase of 3.81 per cent in March. New Delhi: Consumer inflation in India is expected to have eased More...

By Loknath Das On Saturday, April 22nd, 2017
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Britons still subdued over housing market outlook – Halifax

Britons’ expectations for house prices for the coming year remain subdued following last year’s Brexit vote, a survey from mortgage lender Halifax showed on Friday. Some 58 percent of Britons expect More...