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The Dollar Business

Govt says banks have cash of all denominations - 0 views

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    The Union Finance Ministry reviewed the position regarding availability and distribution of all denomination of bank notes. Some of the highlights of the review and the decisions taken are as follows
The Dollar Business

GST roll-out shall take place by Sept 16, 2017: Jaitley - 0 views

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    The Finance Minister recently indicated that while GST is aimed to be implemented from April 1, 2017, the roll out would have to take place, at the very latest, by September 16, 2017, as after this date, the existing taxes on goods and services will cease to exist in terms of Section 19 of the Constitution
The Dollar Business

Union Budget 2017 to be presented on Feb 1 - 0 views

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    The Union Budget will now be an early affair as the government has decided to present it on February 1. This announcement has come just a day before the start of the winter session of Parliament, to be held from November 16 to December 16, which is generally convened in the 3rd or 4th week of November.
The Dollar Business

Textile exporters seek better infrastructure from Centre - 0 views

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    In a bid to push the growth of the textile sector, the Tirupur Exporters' Association (TEA) has requested the Centre to provide successful textile clusters with better infrastructure like world-class design studio, research and development centre and incubation centre for technical textiles.
The Dollar Business

GST implementation deadline of April 1 seems unachievable - 0 views

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    As both the Central and State governments struggle to resolve the contentious issues of dual control of assesses, the Goods and Services Tax (GST) implementation date on April 1 next year now looks virtually impossible, with some states even pitching for an alternate roll out date in September.
The Dollar Business

Economists want 'out-of-box' ideas in budget, tells the FM - 0 views

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    The Government should best utilise the recent demonetisation move and bring a Budget full with out-of-the-box ideas, economists are reported to have conveyed to the Finance Minister Arun Jaitley.
The Dollar Business

Early budget will help getting funds authorised for sectors at start o - 0 views

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    Prime Minister Narendra Modi on Tuesday said that advancing the budget presentation date would help to get funds marked for various
The Dollar Business

ONGC to take control of HPCL to create larger oil entity - 0 views

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    India's state-owned oil major, Oil and Natural Gas Corporation Ltd (ONGC), will take control of the other public sector
The Dollar Business

Cabinet clears decks for merger of SBI and 5 associate banks - 0 views

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    Seeking to create a global-sized bank, the Cabinet today gave the go-ahead to the merger plan of SBI and its five associates, a step aimed at strengthening the banking sector through consolidation of public banks
The Dollar Business

Centre releases Rs 17,994.21-cr for Punjab's wheat purchase - 0 views

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    In a relief to Punjab government, the Centre today released Rs 17,994.21 crore towards Cash Credit Limit (CCL) for Rabi procurement subject to certain cond
The Dollar Business

Panel favours FY from Jan 1; govt examining recommendation - 0 views

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    The government is examining the report of a committee which has recommended change in the financial year starting April 1, Finance Minister Arun Jait
The Dollar Business

India Economic Summit 2016 emphasised industrial revolution, economic - 0 views

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    India's top leadership attended the India Economic Summit 2016 on 6-7 October 2016 in New Delhi, where a number of key discussions were held.
The Dollar Business

GST Council puts off rate decision to Nov; no clear consensus emerges - 0 views

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    Jaitley said the rate structure can be determined only after deciding whether compensation to states is to be funded out of the rate structure or some special cess or any other source.
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