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GST collection fall in Jammu and Kashmir due to poor access to internet

Currently, only BSNL landline broadband service with 2G speed is functional in Jammu while the entire Kashmir region with 10 districts is without net facility.

Corporate tax cut to have 'minor' impact on fiscal deficit: Niti Aayog

"I don't think tax cuts will leave a gaping hole in the fiscal numbers. There will be some, which will be minor," Kumar said.

Many top firms actually pay less than 25% tax; biggest taxpayer RIL pays 20%

The average effective tax rate for roughly 8.4 lakh firms that filed returns for 2017-18 was just over 29%.

View: Lowering of corporate-tax rate will widen tax net

The new rate will reduce cost of capital by repositioning India as one of the most competitive economies.

India could be one of the winners of trade war: Filippo Gori, JP Morgan

India printed 5% in Q2, but the numbers still look very good, JP Morgan Asia Pacific deputy CEO said.

Govt may set up Rs 20,000-cr fund for stalled non-NPA housing projects in 45 days

Industry representatives demanded one-time loan restructuring of developers and changes in insolvency law to have maximum benefit from this fund.

Tax collection misses target by a wide margin; inches up 4.7% in April-September

The lower mop-up reflects the deepening slump in demand and overall growth. In the first quarter the GDP slowed to a six-year low of 5 percent.

View: States outspend the Centre; crippling their fiscal capacity will harm the economy

Shifting the fiscal centre of gravity means that cutting states’ finances would worsen the slump.

CBIC goes to NCLT, claims Rs 4.6 crore CGST dues from Videocon

The Videocon resolution process has been going on for 427 days, and the tax authorities are seeking a quick redressal.

A $45 billion bet on Narendra Modi’s India is rapidly unwinding

Investors have sold $4.5 bn of shares since June, on course for the biggest quarterly exodus since 1999.

Government exempts cash payments above Rs 1 crore via AMPC from 2 per cent TDS

Government exempts cash payments above Rs 1 crore via AMPC from 2 per cent TDS

The depreciation on cars purchased during the period will be 30 per cent as against the normal rate of 15 per cent.

India's current account under threat if oil surge continues: RBI

India's current account under threat if oil surge continues: RBI

Das said it was important to see whether alternative sources of supply come up and how soon the installations take to resume operation.

Banks' 2018-19 savings deposits up at Rs 39.72 lakh crore: RBI

Banks' 2018-19 savings deposits up at Rs 39.72 lakh crore: RBI

The total savings deposits with commercial banks, including foreign ones, in 2018-19 stood at Rs 40.31 lakh crore, up from Rs 36.55 lakh crore in 2017-18, the data showed.

People well-versed in macroeconomics can only revive economy: Subramanian Swamy

People well-versed in macroeconomics can only revive economy: Subramanian Swamy

Swamy has come out with a book in which he takes a critical look at various aspects of the Indian economy, both past and present.

NPCI slashes MDR for debit cards

NPCI slashes MDR for debit cards

As per the latest notification, MDR has been revised to 0.60% for transaction above Rs. 2,000 with a maximum cap of Rs 150 per transaction. Presently, this is capped at 0.90% for transaction above Rs. 2,000 with higher cap of Rs 1,000 per transaction.

India government had no outstanding loans from RBI in week ended Sept.6

India government had no outstanding loans from RBI in week ended Sept.6

The central government had no outstanding loans in the week earlier as well.

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