GST possible in 2016, but Rajya Sabha nod holds key: Experts
The passage of the Constitution Amendment Bill in the Lok Sabha will ensure GST implementation by April 2016, but first it has to pass muster in the Rajya Sabha, experts said.
May 06, 2015, 17:43 PM ISTLok Sabha approves GST Bill, paves way for uniform tax regime
GST, which is proposed to be implemented from April 1, 2016, will subsume excise, service tax, state VAT, entry tax, octroi and other state levies.
May 06, 2015, 16:31 PM ISTFace off likely over GST in Parliament
A face-off between the opposition and government over the Goods and Services Tax (GST) bill is likely with the Congress and some other opposition parties insisting that it be sent to the Parliamentary Standing Committee for scrutiny.
May 05, 2015, 20:48 PM ISTGST Bill taken up in Lok Sabha, fate uncertain in Rajya Sabha
Opposition members insisted that bill be referred to the Standing Committee on Finance as it was a new bill as opposed to the one brought by the UPA government.
May 05, 2015, 19:20 PM ISTServices push must to create jobs: FM Jaitley
India has the means and the potential to become a global hub for services with competitive pricing, and become a major source of job creation for millions of youth in the country, Finance Minister Arun Jaitley said here on Saturday.
Apr 25, 2015, 21:35 PM ISTPM Narendra Modi to inaugurate Global Exhibition on Services today
Prime Minister Narendra Modi will inaugurate a three-day global exhibition on services starting Thursday to showcase India's strength in the sector and provide platform to the industry to explore business opportunities.
Apr 23, 2015, 09:06 AM ISTBroad consensus on GST among states: FM Jaitley
Jaitley said he is optimistic about introduction of GST, which will create a nationwide unified market and remove trade barriers in the form of cascading effects of taxation, from April 1, 2016.
Apr 22, 2015, 13:12 PM ISTGovt optimistic about GST roll out from April 2016: FM Jaitley
Finance Minister Arun Jaitley on Wednesday said the government will go ahead with GST Constitutional Amendment Bill in the ongoing session of Parliament.
Apr 22, 2015, 12:51 PM ISTVisit to France, Germany, Canada aimed at boosting economy: PM
Prime Minister Narendra Modi on Saturday said his upcoming visit to France, Germany and Canada was aimed at boosting India's economy and creating jobs.
Mar 28, 2015, 14:07 PM ISTManufacturing sector still a challenge: FM Jaitley
Finance Minister Arun Jaitley on Wednesday said manufacturing sector is still a challenge and we have to invent the engine of growth.
Mar 25, 2015, 17:02 PM ISTEconomic Survey 2015 (Overview and Highlights): India to grow over 8% in FY16
Economic Survey also indicated that the growth during 2014-15 may touch 8 percent on better farm output.
Feb 27, 2015, 13:40 PM ISTEconomic Survey 2015: India in "sweet spot" of lower deficits, more growth
Indian economy is likely to grow above 8 percent in 2015-16, said the pre-Budget Economic Survey tabled by Finance Minister Arun Jaitley in Parliament Friday.
Feb 27, 2015, 08:41 AM ISTStanchart revises FY16 GDP growth forecast to 7.7% from 6.3%
The statistical boost to GDP is likely to continue in the next financial year as well, as the Indian economy is expected to clock 7.7 percent growth under the new series, higher than 6.3 percent projected under the older series, says a report by Standard Chartered.
Feb 11, 2015, 17:48 PM ISTLower oil prices to spur economic growth in India: Moody's
Global credit rating agency Moody`s Investors Service Wednesday said the lower oil prices is expected to alleviate India`s high inflation and spur economic growth.
Feb 11, 2015, 11:17 AM ISTLower oil prices beneficial to India: Nilesh Karani
Oil prices have declined by nearly half in the past six months.
Feb 05, 2015, 14:43 PM ISTIndia needs to grow at 7-8% a year: Sinha
India needs to grow at 7-8 percent a year to create more job opportunities for young people and double the size of the economy in 10 years, Minister of State for Finance Jayant Sinha said.
Feb 04, 2015, 12:48 PM ISTIndia to be world's fastest growing big economy by 2017: World Bank
Fuelled by economic reforms, India is projected to become the world`s fastest growing large economy by 2017 with a growth rate of seven percent, overtaking China along the way, a World Bank report said Tuesday.
Jan 14, 2015, 23:37 PM ISTIIP rises to 5-month high of 3.8%; inflation slightly up at 5%
Reviving hopes of manufacturing recovery, industrial production grew at five-month high of 3.8 percent in November last year, but retail inflation inched up to 5 percent in December.
Jan 12, 2015, 21:56 PM ISTIndustrial production grows by 3.8% in November
Reviving hopes of economic recovery, industrial production grew at a 5-month high of 3.8 percent in November due to improvement in manufacturing and mining sectors as well as better offtake of capital goods.
Jan 12, 2015, 19:16 PM ISTIndustrial output growth recovers to 3.8% in November
Industrial production growth recovered to 3.8 percent in November last year as compared to the same month in 2013.
Jan 12, 2015, 17:45 PM IST