'GDP may slow down if GST implemented in hurry'

A major central revenue body has asked Finance Minister Arun Jaitley not to implement Goods and Services Tax (GST) in a hurry and threatened to take legal recourse in case their concerns are not addressed.

Demonetisation will widen tax base: Jaitely to Parliamentary panel

Demonetisation will lead to a wider tax base and lower interest rates, thus paving the way for "sustainable faster economic growth", the Finance Ministry has said.

Global economic uncertainity not a threat to India: Kamath

Veteran banker and BRICS nation's National Development Bank chief K V Kamath has said the world is going through very uncertain times but that may not have much impact on India.

Hong Kong withdraws visa-free facility for Indians

A notice on the Indian Consulate in Hong Kong said Indian passport holders without the Pre-Arrival Registration Slip, except those belonging to any of the exempted categories, would not be allowed to board a conveyance bound for Hong Kong.

President Donald Trump signs first order on Obamacare

Donald Trump signed an order on the Affordable Care Act that urged government departments to "waive, defer, grant exemptions from, or delay the implementation" of provisions that imposed fiscal burdens on states, companies or individuals.

Sun Jan 22 19:44:05 IST 2017
 
 
 

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Making Sense of 2016

The year 2016 was turbulent for the indian economy with hits and misses, surprises and disappointments galore.

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