APN News

  • Sat Oct 21 2017 10:26:55 GMT+0200 (CEST)
  • Reactions to decision of Monitoring Policy Committee of RBI keeping key policy rate unchanged

    Reactions to decision of Monitoring Policy Committee of RBI keeping key policy rate unchanged

    Monitoring Policy Committee of Reserve Bank of India yesterday (October 4, 2017) kept key policy rate unchanged at 6% at its fourth monitoring policy review for 2017-18. Here are the reactions: Image TitleMr Deepak Kapoor, President, CREDAI Western UP, said "The real estate market is witn...

    Quote on how GST will affect India IT infrastructure

    Quote on how GST will affect India IT infrastructure

     Praveen Nair, General Manager, India, DCD"From an IT infrastructure perspective, just as demonetisation caused a massive increase in digital transactions, the GST roll-out will see billions of digital invoices a day. This will in turn increase the demand for compute and storage and therefore pressu...

    Mr Anil Agrawal, MD and CEO, Comfort Securities Ltd.

    Mr Anil Agrawal, MD and CEO, Comfort Securities Ltd.

    Mumbai: All businesses, small or large, will be impacted by this new indirect tax regime. GST will be levied on both,  goods and services and will subsume and replace the current indirect taxes such as excise, VAT, and service tax. GST is destination tax, meaning the tax base will shift from origin ...

    GST Quote from Srividya Kannan Founder, Director – Avaali Solutions Pvt Ltd.

    GST will probably be one of the biggest reforms for India and one of the biggest tax overhaul for India since independence.  A simplified tax structure and effective governance will mean making India an attractive destination for doing business. This will also help make India a “one country”, as mov...

    GST Quote - Lasons India

    Gaurav Aggarwal, Director with Lasons India Pvt Ltd."The implementation of GST is good in the long run. It's extremely beneficial to the inter state transactions and makes them easy, swift and eliminates the disadvantage that we used to face earlier.The best part is the equality of competitiveness! ...

    Ms. Sonica Malhotra's viewpoint on GST Council decision

    Ms. Sonica Malhotra

    Ms. Sonica Malhotra, Joint Managing Director, MBD Group on the recent GST Council’s decision to relax the criteria for charging 28% GST on Rooms for Hotels from Rs. 5,000 to Rs. 7,500.“We welcome GST Council’s decision to relax the criteria for charging 28% GST on Rooms for Hotels from Rs. 5,000 to ...

    Quote on GST by Mr. Shaliesh Puranik, MD, Puranik builders

    �With Goods and Service Tax (GST) implementing next month and Real Estate Development and Regulation Act (RERA) already being in action, the Real Estate sector is experiencing enormous change. Although the tax rate for real estate sector under GST is expected to be 12% it would be too soon ...

    Quote from Mr. Mrugank Paranjape, MD & CEO, MCX with regard to SEBI�s circular on �Options on Commod...

    Quote from Mr. Mrugank Paranjape, MD & CEO, MCX with regard to SEBI�s circular on �Options on Commodity Futures-Product Design and Risk Management Framework�

    �We welcome the much awaited guidelines on commodity options. These guidelines were drafted after consultation with a wide spectrum of market participants and so they broadly address the wishes and concerns of all stakeholder groups. Moreover, the features relating to the product design, such as the...

    Reaction quotes - Cabinet's approval on GST bill

    Mr. Narendra Shyamsukha�,�Founder Chairman, ICA Edu Skills � "The approval of GST legislations by the Union Cabinet shows sign of GST to be a reality from�1st July. I hope that Industry particularly MSME gears up especially with awareness, laws and IT. I think Industries are yet to gear up and rushi...

    Reaction quotes - Cabinet's approval on GST bill

    Mr. Sudhir Singh, MD Marg �ERP 9 ?"?It's been a very welcoming move and government deserves a round of applaud as it will boost execution.This approval shows that facilitators and enablers have less Timelines in hand..It brings hope that GST will come into force by July. We hope that the Rules, and...

    Post Budget Quote - Yogesh Mudras, Managing Director, UBM India Pvt Ltd.

    Post Budget Quote - Yogesh Mudras, Managing Director, UBM India Pvt Ltd.

    Mumbai �: "Overall, the Union Budget seems to be a realistic, well-ue�anCand forward thinking one, that should advance India further into the path of digital and infrastructural advancement, especially from a grass root perspective. We welcome the fact that a panel for further digital reforms has be...

    Ms. Shilpa Divekar Nirula, CEO, Monsanto India Region on Union Budget

    �The Union Budget 2017 has focused on India�s agriculture sector and the country�s farmers to drive growth in rural India while continuing to propel the nation�s economic engine. Credit is an important input to improve agricultural output and productivity and attempts to expand farm credit across r...

    All Right Reserved