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Kerala to spend Rs 20,000 cr under package to tackle recession

Kerala to spend Rs 20,000 cr under package to tackle recession

The CPI(M) led LDF government in Kerala proposes to spend about Rs 20,000 crore for various development projects as part of its package to address economic recession, State Finance Minister…

India to grow at 7.2 per cent in 2017-18: IMF

India to grow at 7.2 per cent in 2017-18: IMF

India’s growth is expected to rebound to 7.2 per cent in the 2017 18 fiscal and 7.7 per cent in 2018-19 after ‘disruptions’ caused by demonetisation, the IMF said on…

GST scheduled for July 1 rollout: Finance Minister

GST scheduled for July 1 rollout: Finance Minister

The Goods and Services Tax (GST) is on schedule for implementation from July 1 and will not lead to any significant increase in prices of goods although cost of some…

State GST Bill passed by 8 assemblies in April-May: FinMin

State GST Bill passed by 8 assemblies in April-May: FinMin

Eight state assemblies have passed the State Goods and Services Tax (SGST) Bill in April-May as the Centre gears up to roll out the new indirect tax regime nationwide from…

Infosys to hire 10,000 Americans, set up 4 tech hubs in U.S

Infosys to hire 10,000 Americans, set up 4 tech hubs in U.S

IT firm Infosys will hire 10,000 Americans in the next two years and open four centres in the U.S in a bid to woo the Trump administration, which has been…

Jaitley promises no surprises in GST rate fixation

Jaitley promises no surprises in GST rate fixation

Finance Minister Arun Jaitley on Friday promised not to spring any surprises in fixing tax rates under the new GST regime, saying they will not be “significantly different” from current…

Railways to go for complete digitisation; save Rs 60,000 cr

Railways to go for complete digitisation; save Rs 60,000 cr

The Railways is developing a common digital platform integrating information from all departments as a roadmap for the future for bringing transparency in the system and enabling the public transporter…

No plan to impose any tax on agricultural income: Minister

No plan to impose any tax on agricultural income: Minister

Finance Minister Arun Jaitley on Wednesday said the government does not plan to impose any tax on agricultural income, dismissing the suggestion of NITI Aayog member Bibek Debroy. “I categorically…

Govt aims record foodgrain production at 273 MT in 2017-18

Govt aims record foodgrain production at 273 MT in 2017-18

The government is aiming to achieve an all-time high 273 million tonnes of foodgrain production in the 2017-18 crop year beginning July, anticipating good monsoon. Foodgrain production is estimated to…

India’s growth to accelerate further due to GST: Minister

India’s growth to accelerate further due to GST: Minister

India continues to be the fastest growing major economy in the world and its growth will accelerate further due to factors like implementation of GST, Finance Minister Arun Jaitley said.…