The GST Council recommended exemption of upfront payment for long term lease of industrial/financial infrastructure plots having 20 per cent or more government ownership and also considered a uniform rate of GST on bags and sacks made of polyethylene or polypropylene strips or the like used for packing of goods

Govt looks at ways to raise revenue as GST, direct tax collections plummet

18 Dec 2019

Centre releases Rs35,298-cr as GST compensation to states

17 Dec 2019

GST anti-profiteering authority imposes Rs 90-cr penalty on Nestle India

13 Dec 2019

Cabinet approves guarantee scheme for PSU bank purchase of NBFC assets

11 Dec 2019

I-T Dept conducts search operations on share brokers/traders nationwide

09 Dec 2019

New bill seeks to trim employee share in PF, take over CSR funds

09 Dec 2019

Over the long term, the government proposes to scrap EPFO and switchover to NPS, even as the amendments to the Social Security Code Bill 2019 provides for appropriating the corpus available from collections under corporate social responsibility to establish a social security fund

Phoenix to acquire Swiss Re's UK business for $4.1 bn

06 Dec 2019

The acquisition will create an enlarged Phoenix Group with £329 billion of assets under administration and 14.1 million policies, confirming Phoenix’s position as the largest life and pensions consolidator in Europe

Vodafone Idea won’t survive without govt relief: Kumar Mangalam Birla

06 Dec 2019

Responding to a question if the company is still hopeful of government relief for the debt-laden telecom sector, Birla echoed the statement made by Nick Read, CEO of Vodafone Plc, a shareholder in Vodafone Idea, earlier, but detracted later

RBI keeps repo rate unchanged at 5.15% despite GDP slump

05 Dec 2019

The Monetary Policy Committee (MPC) said the decision followed a spike in inflation in the near-term, while acknowledging that there is room to cut rates further going ahead