Business

End of road for GST rate cuts? Council to mull tax revamp

New Delhi, A major revamp of goods and services tax structure is on cards when the GST Council meets during second fortnight of December to review the existing tax structure and compensation cess rates as part of a larger exercise to …

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Cabinet clears Personal Data Protection Bill

New Delhi,  The Union Cabinet on Wednesday approved the much-anticipated Personal Data Protection Bill and the government will now introduce the bill in Parliament in the ongoing winter session. Union Minister for Information and Broadcasting, Prakash Javadekar, however, did not …

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SAT halts further transfer of securities from Karvy

Mumbai,  The Securities Appellate Tribunal (SAT) on Tuesday ordered suspension of any further transfer of securities that Karvy Stock Broking had pledged with the lenders. Bajaj Finance had challenged the SEBI order to return to Karvy’s clients the securities that …

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Haryana sees rise in GST revenue

Chandigarh,  The Goods and Services Tax (GST) revenue in Haryana continued to rise for the fifth month in a row in this fiscal, an official said on Tuesday. The state GST revenue has recorded a growth rate of 33.5 per …

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BSES geared up to meet Delhi’s winter power demand

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New Delhi,  Peak power demand in Delhi this winter is expected to go up to 4,700 MW and the two BSES discoms in the national capital are geared up to ensure that adequate electricity is available in this period, the …

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Government committed to more reforms: Sitharaman

New Delhi,  Amidst criticism over a free fall in the Gross Domestic Product (GDP) growth rate, Finance Minister Nirmala Sitharaman on Tuesday said that the government is committed to take up further reform measures in the economy. Speaking at the …

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Mid-caps lose nearly 1%, Sensex closes flat

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Mumbai, Growth worries following the dismal second quarter GDP numbers led most stocks to end lower on Monday which was most visible in the broader markets as the BSE mid-cap index lost nearly 1 per cent. The benchmark, Sensex, however, …

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GDP data not gospel truth, need not be taken seriously: BJP MP

New Delhi,  A day after Finance Minister Nirmala Sitharaman hit out at the government critique saying espousing of personal views might hurt national interest, another Bharatiya Janata Party (BJP) member of Parliament on Monday hit headlines by rejecting the gross …

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Jio plans could be 20% cheaper than other telcos: Report

New Delhi,  Even with an announced tariff hike of 40 per cent, Reliance Jio would be cheaper by 15-20 per cent than other incumbents, analyst firms said on Monday while still awaiting for details of the company’s new plans. Along …

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Punjab seeks special incentives for industry

Chandigarh,  Reiterating his demand for special incentives from the Central government to boost investment and industry in Punjab, Chief Minister Amarinder Singh on Monday sought Union Minister Piyush Goyal’s intervention in the matter. In a letter to Union Minister of …

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