Indian economic growth | Red hot India economy | GDP growth | Purchasing Power Parity
The powerful GST Council met today in Guwahati, and have removed 177 of the 227 items placed in the 28% slab. Now, only 50 items remain in the highest slab.
RBI officials are using a ‘sophisticated system ‘ to count demonetized currencies which will be destroyed, after which space will be available for new notes
Capgemini has just released their Asia Pacific Wealth Report for 2017, and there is some encouraging news for Indians in terms of growth of millionaires.
On the first anniversary of demonetization, we discuss some of the good, bad and ugly effects of demonetization, as we try to examine its objectives
With GST already rolled out in public domain, Government is now concentrating on fine-tuning it to make it fairer & more acceptable to the people.
Govt. officials are blaming Infosys for GST technical issues and have accused them of creating a poor quality software for GST filing.
GST is the single-most disruption in Indian tax system. Some businesses have been wrongly charging GST + MRP. The govt. is looking to stop this malpractice.
Indian Railways has decided to make the switch to electricity generated using solar energy. They are investing $150 Bn & are expecting to create 1 lakh jobs
Defining a smaller limit for cash transactions has a two-fold purpose. It will help keep money laundering in check and push more cashless transactions.
Govt. has taken this decision to revive restaurant business, which hotel owners are claiming is down since implementing higher slab of GST on AC restaurants
Balkrishna had made his debut in the Hurun list last year at #25. But within a year, he is now India’s 8th wealthiest person with assets of Rs 70,000 crore.
SBI have rolled back the minimum balance limit and maintenance charges they had hiked back in the month of May this year.
Airtel has been steadily adding customers to their Payments Bank. However, many have complained that Airtel opens their bank account unethically. UIDAI has now sent a notice to Airtel in this regards
With collections amounting to Rs 92,283 crore, GST is being hailed as a massive success. However, there are issues which are affecting the small trader.
After the rollout of GST, there have been several GST Complaints & updates related to this new tax structure, as taxpayers are warming up to the concept.
The most fascinating fact is that Google Tez will not only work with UPI, but also support existing mobile wallets such as Paytm, Mobikwik and more.
India Post has announced that they will transform each and every 1.55 lakh post offices into payments bank outlets which will work on Aadhaar-based banking.
This new attack on shell companies and their directors is being undertaken under Section 164(2)(a), which is even more lethal than Section 248 (5)
While Maruti Suzuki India has become world’s 2nd best performing auto stock, HDFC Bank briefly become India’s 2nd biggest company, beating TCS.
SBi Cards Contactless Payments is a big push towards achieving the goal of a truly digital India. This is one more step towards a cashless future.