China sets 2017 GDP growth target at around 6.5 pc, lowest in 25 years
March 05, 2017 10:13 ISTChina has set its GDP growth target at around 6.5 per cent for 2017, compared with a target range of 6.5-7 per cent last year.
China has set its GDP growth target at around 6.5 per cent for 2017, compared with a target range of 6.5-7 per cent last year.
The goods and service tax (GST), the new indirect tax regime was on track is likely to be implemented from July 1, said Union Finance Minister Arun Jaitley said today. “It (GST) looks on track.
In a bid to speed up the rollout of Goods and Services Tax, the Finance Minister Arun Jaitley-led council today broadly agreed on the contours of two key legislations - CGST and IGST - but
Signalling strong action against violators, the Income Tax department today warned that those who undertake Benami transactions would invite Rigorous Imprisonment (RI) of up to 7 years. In advertisements issued in leading national dailies today,
Beleaguered loan defaulter and fugitive Vijay Mallya has now come up with a new assertion, alluding the reason behind the failure of Kingfisher Airlines business to faulty engines. In a tweet today, Mallya blamed “faulty”
In a move apparently aimed at avoiding the requirement for approaching Parliament for any change in rates in future, the GST Council has proposed to raise the peak rate in the Bill to 20 per
India has urged the World Bank to grant $5-7 billion to meet the financial requirements of its projects.
Banks including HDFC Bank, ICICI Bank and Axis Bank on Wednesday began charging a minimum amount of Rs 150 per transaction for cash deposits and withdrawals beyond four free transactions in a month. The charges
India is missing out on a potential 15.5 million new businesses and 64 million additional jobs by not tending the challenges facing women in the country, a Facebook study has found. The study says
The CBDT believes that deregistering of these 6-7 lakh ‘dormant’ firms will bring an end to "institutional money laundering" in the country
Condemning the death of an Indian engineer by an American Navy veteran in an apparent hate crime in Kansas City, Microsoft's India-born chief Satya Nadella on Saturday asserted that there is no place for "senseless
Rejecting the speculations that the billionaire Mukesh Ambani-led Reliance Industries is lining up its fleet of app-based cabs in India, the company today said that it sees no logic in diversifying into unrelated sectors. It
The government’s mega attempt to flush out unaccounted wealth, or "black money", has been likened to a vacuum cleaner – one that “sucked in the cash” and "adversely affected" consumption. “You've heard about so-called 'helicop
As part of post demonetisation action under the newly enforced Benami Transactions Act, over 230 cases and attached assets worth Rs 55 crore has been registered by the Income Tax department. Violations of the Act,
The third largest e-commerce player in India, Snapdeal to lay off its staff across verticals as co-founder Kunal Bahl admitted to making mistake in growing much before it could figure out right economic model. Struggling
The tax department clarified that the people above 70 years of age will be exempted from the process of verification post note ban, but the limit has been fixed at Rs. 2.5 lakh for other
Economic Affairs Secretary Shaktikanta Das on Wednesday said that there are no plans to introduce new series of Rs 1,000 notes. "No plans to introduce Rs 1,000 notes. Focus is on production and supply
The Employees' Provident Fund Organisation (EPFO) is expected to launch an online facility for withdrawal of pension funds, settlement of claims, and pension fixation, by May this year.
In a development that could provide a significant push to the government’s flagship ‘Make In India’ programme, the Centre is said to be considering a proposal to free up the Foreign Direct Investment (FDI) policy on retail for both online and offline
India today committed soft loans amounting to $340 million (Rs 34 crores) to Nepal for infrastructure projects. Railways Minister Suresh Prabhu, who arrived here yesterday to attend the 'Nepal Infrastructure Summit 2017', signed a letter
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