New Delhi, May 24, 2017
Markets regulator Sebi today allowed mutual funds, alternative investment funds and portfolio managers, operating in international financial services centres (IFSC), to invest in securities listed in such centres. Besides, they are permitted to invest in securities issued by companies incorporated in IFSC, Securities and Exchange Board of India (Sebi) said in a circular.
New Delhi, May 23 2017
The government on Tuesday clarified that US-based electric car major Tesla will not have to source local components if it plans to set up a manufacturing unit in India.
New Delhi, May 23, 2017
The Reserve Bank of India (RBI) has refused to make public the list of loan defaulters with public sector banks despite an order of the Supreme Court in 2015 to make this information public.
May 22, 2017
If the potential of the goods and services tax reform is to be realized, then the GST Council has more work to do in its last meeting scheduled early next month
As anyone who’s attended an Indian wedding knows, we far too often leave vital organizational tasks till the last minute, then tackle them all in an enormous, frenetic rush.
Srinagar, May 22, 2017
Now that GST rates for over 500 services and 1,200 goods have been finalised, the clamour to get petroleum products in the Goods and Services Tax (GST) net is growing, with the first salvo being fired by Jammu and Kashmir.
New Delhi, May 20, 2017
India on Friday unveiled four rate bands under a new sales tax for services such as telecoms, insurance and restaurants, a move experts said could complicate compliance and leave businesses at the mercy of an intrusive tax bureaucracy.
New Delhi, May 20, 2017
Five key messages from GST Council's 14th meet and three thoughts on what future looks like for GST
The Goods and Services Tax (GST) Council on Friday concluded its 14th meeting in Srinagar, Jammu & Kashmir, and there now are five broad messages coming out loud and clear.
Srinagar, May 19, 2017
Input tax credits for firms will ensure consumer costs won’t go up: Jaitley
A bulk of services will be taxed at the standard rate of 18 per cent under the four-tier rate structure for services that the GST Council finalised for taxing services.
Backgroung Material on GST Acts and Draft Rules, 2017
[Published on May 18, 2017]
Srinagar, May 19 2017
The all-powerful GST Council today finalised tax rates for services under the Goods and Service Tax (GST) regime, scheduled to kick-in from July 1.