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RBI keeps repo rate unchanged at 6.25%

RBI keeps repo rate unchanged at 6.25%

The RBI on Wednesday kept repo rate unchanged at 6.25 per cent. Consequently, the reverse repo rate under the LAF remains at 6.0 per cent, and the marginal standing facility…

West Bengal not to support GST in present form: Mamata

West Bengal not to support GST in present form: Mamata

Less than a month before the GST regime is set to kick in from July 1, West Bengal Chief Minister Mamata Banerjee said her government would not support the new…

GST effect: Ford offers discounts up to Rs 30,000 on EcoSport, Figo, Aspire

GST effect: Ford offers discounts up to Rs 30,000 on EcoSport, Figo, Aspire

  Auto maker Ford India is offering discounts of up to Rs 30,000 on its compact SUV EcoSport, sedan Aspire and Figo hatchback to pass on benefits of new tax…

GST will help in evolving India as tax-compliant society: Minister

GST will help in evolving India as tax-compliant society: Minister

The Goods and Services Tax, to be rolled out in just over a month, will not only check evasions but also help India evolve as a more tax-compliant society, Finance…

India will grow at 7.2% in 2017-18, says World Bank

India will grow at 7.2% in 2017-18, says World Bank

World Bank expects India, the fastest growing major economy in the world, to grow at 7.2 per cent in the current fiscal and further up to 7.7 per cent by…

EPFO may reduce PF contributions to 10%

EPFO may reduce PF contributions to 10%

Trustees of retirement fund body EPFO may approve a proposal to reduce the mandatory contributions toward social security schemes run by it to 10 per cent for workers as well…

GST: Sugar, tea, coffee, milk powder to cost less

GST: Sugar, tea, coffee, milk powder to cost less

Prices of sugar, tea, coffee and milk power may soften from July as the proposed goods and services tax (GST) will be lower than the present levies. The GST Council,…

Mumbai, Kota named among world’s most crowded cities

Mumbai, Kota named among world’s most crowded cities

Two Indian cities — Mumbai and Kota — have been named among the world’s most crowded in a list topped by Dhaka, said World Economic Forum (WEF) citing UN Habitat…

GST Council may reconsider steep levy on hybrid cars next week

GST Council may reconsider steep levy on hybrid cars next week

The GST Council may reconsider the proposed 43 per cent tax on hybrid cars at its meeting next week after the auto industry voiced disappointment over the steep rate hike.…

Stop charging premium from Asian buyers: India to OPEC

Stop charging premium from Asian buyers: India to OPEC

India once again asked oil cartel OPEC to stop charging premium from its Asian buyers saying oil producers should not subsidise others at the expense of countries like India. Reiterating…