Real estate developers and consultants expect housing sales to improve, although gradually, as prices have become stable after much-needed correction in last few years and interest rates on home loans have softened.
After implementation of the Goods and Services Tax (GST) from July 1, the requirement of carrying e-way bill was postponed pending IT network readiness. This was done even in the 17 states which in the pre-GST era had a well established electronic challan or e-way bill system, a top government official said.
The creation of the GST regime involved merging all indirect taxes into one and also making a conscious effort to not hurt any sector that falls under its ambit.
Speaking on the concluding day of the 11th Global Doctors' Summit here, Naidu said the improvement in India's tax system with the introduction of GST will ultimately benefit its people
DG Safeguards has asked these firms to provide their balance sheet, trial balance and profit and loss account for last one year
Finance Minister Arun Jaitley today dismissed the suggestion that India's growth rate plummeted to an all-time low as "exaggerated", saying that the country has remained the fastest growing economy in the world.
The government has extended the last date for filing of final sales return GSTR-1 by 10 days, until January 10 under the Goods and Services Tax.
The Indian stock market had a healthy 2017, returning upto 29%.
The council, which will meet on January 18, will also look at the provisions for the proposed e-wallet facility to enable speedy refunds to exporters
Moneycontrol brings to you select pictures that grabbed attention in 2017.
In many ways, 2017 was a landmark year for the Indian economy
Garment exporters have been demanding that the duty reimbursement to them be retained at the pre-GST (Goods and Services Tax) drawback rate of 7.5 per cent, amid declining outbound shipments. India's apparel exports declined 39 per cent in value terms in October.
While demonetisation helped drive digital adoption for financial tech firms in 2017, GST implementation helped spawn companies in the accounting software space.
The year 2017 started on a mixed note with the bullish outcome of the annual Bengal Global Business Summit and prolonged strike taking a toll on the tea industry.
Addressing the issue of Triple Talaq, he appealed the opposition to help pass the Bill in the Parliament
In an interview to CNBC-TV18's Shereen Bhan, Mauvin Godinho, Member of the GST Council and Suresh Rohira of Grant Thornton shared their views on the GST and the current sentiment surrounding it.
The revenue number for November indicates collection as of December 25.
By utilizing the reach of PCs and digital technologies, businesses can easily and efficiently perform multiple functions and gain incremental growth.
West Bengal state finance minister Amit Mitra had slammed the Centre about GST refund problem for exporters and SMEs
The Centre may try to bring up inclusion of natural gas at the next GST Council meeting in January
Among several aspects which affected the markets this year were GST, IBC and bank recap programme, IPO frenzy, rate hikes by the US Federal Reserve along with Donald Trump becoming the new President of United States.
The Goods and Services Tax (GST) regime would get stabilised in the next 18 months, Niti Aayog Vice Chairman Rajiv Kumar said on Friday.
Last few days have seen a lot of noise around the inclusion of natural gas under the GST tax regime. With keen interest from oil ministry in support for the proposal, it seems like the next big topic for the GST council meeting.
Finance Minister Arun Jaitley told Rajya Sabha on December 19 that the Centre favoured bringing them under GST but it would want a consensus with the states before taking such a step.