APN News

  • Sun Sep 24 2017 21:18:48 GMT+0200 (CEST)
  • GST implementation smoother than expected: Jaitley

    GST implementation smoother than expected: Jaitley

    Finance Minister Arun Jaitley today said the implementation of the Goods and Services Tax (GST) regime is going smoother than expected in initial phase. Addressing the 70th annual general meeting of the Indian Banks' Association in Mumbai, Mr Jaitley said the decision-making mechanism at th...

    Insolvency & Bankruptcy Code to evolve to its full potential: IBBI Chairman

    Insolvency & Bankruptcy Code to evolve to its full potential: IBBI Chairman

    Insolvency and Bankruptcy Board of India Chairman MS Sahoo has said that the Insolvency and Bankruptcy Code (IBC) will evolve gradually to its full potential and one of its main objective is to maximize the value of assets of corporate borrowers. He was addressing a seminar on IBC organized...

    Govt to introduce 'Food Street' at global food fair in New Delhi

    Govt to introduce

    Government has said, it will introduce a curated food experience zone 'Food Street' at the global food fair in November in New Delhi. Talking to reporters, Food Processing Minister Harsimrat Kaur Badal said that the aim of this food event is to attract more investment in the food processing...

    Businesses deregistering brands for availing GST must file affidavit: Govt

    Businesses deregistering brands for availing GST must file affidavit: Govt

    Government says, businesses that want to deregister their brands for availing the benefit of lower GST will have to file an affidavit before the tax commissioner about forgoing the rights. A finance ministry statement said, the businesses will also have to print in indelible ink on container...

    IT Dept proposes voluntary reporting of estimated current Income, advance tax liability

    IT Dept proposes voluntary reporting of estimated current Income, advance tax liability

    Income Tax Department has proposed a mechanism for self-reporting of estimates of current income, tax payments and advance tax liability by certain taxpayers on voluntary compliance basis. It is being done to address the concerns of income tax payers who have to bear additional burden of interest fo...

    FM Arun Jaitley reviews state of economy

    FM Arun Jaitley reviews state of economy

    Finance Minister Arun Jaitley reviewed the state of economy, including export scenario and infrastructure spendings in New Delhi yesterday, as the government looks to perk up economic activity to boost growth. Sources said the prime focus of the Government is on sectors and industries that cre...

    Adhia-led panel meeting in New Delhi on exporters' issues post GST

    Adhia-led panel meeting in New Delhi on exporters

    The GST Committee on Exports is meeting in New Delhi to deliberate on the issues faced by the industry under the new Indirect Tax regime. Revenue Secretary Dr Hasmukh Adhia headed panel is holding discussion with representatives from eight export promotion associations the difficulties faced by the ...

    1st meeting to look into technical issues faced by GST Network targets on Oct 30

    1st meeting to look into technical issues faced by GST Network targets on Oct 30

    The Group of Ministers working on resolving IT related issues pertaining to GST have appealed to the tax payers not to wait till last date to file their returns. The Group headed by Bihar Deputy Chief Minister Sushil Kumar Modi to look into the technical issues faced by GST Network after its...

    Current account deficit increases to 2.4% of GDP in first quarter: RBI

    Current account deficit increases to 2.4% of GDP in first quarter: RBI

    Current account deficit (CAD) of the first quarter of this fiscal widened to 2 point 4 per cent of gross domestic product, or 14.3 billion dollars, as imports pushed the trade deficit. It was 0.1 per cent or 401 million dollars in the same period last year. On a sequential basis, the CAD also widene...

    Govt lifts ban on export of Tur, Urad & Moong dal after a gap of 10 years to help farmers get remune...

    Govt lifts ban on export of Tur, Urad & Moong dal after a gap of 10 years to help farmers get remunerative prices

    After a gap of 10 years, government has lifted ban on export of tur, urad and moong dal to help farmers get remunerative prices. Pulse exports have been since 2006-07. In a notification issued in New Delhi yesterday evening, the Directorate General of Foreign Trade (DGFT) said it has removed the ban...

    India's exports rise to 10.29 per cent in August

    India's exports have recorded a double digit growth of 10 point 29 per cent during August this year mainly on account of rise in shipments of chemicals, Image Titlepetroleum and engineering products. According to the data released by the commerce ministry yesterday, India exported goods worth ...

    Group of Ministers set up to look into technical issues of GST Network to hold its first meeting in ...

    Group of Ministers set up to look into technical issues of GST Network to hold its first meeting in Bengaluru today

    The group of ministers set up to look into the technical issues faced by GST Network, headed by Bihar Deputy Chief Minister Sushil Kumar Modi, will hold its first meeting in Bengaluru today. The GST Council, the highest decision-making body of the new Goods and Services Tax regime, had on S...

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