Free Press Journal
  • Indore: Quelling qualms: 10% price cut of electric items on anvil

    Indore: Goods and Service Tax (GST), which was earlier considered to be a spine-breaking one, will now help subdue the pain following reduction of tax rates on electrical goods with prices of items like fan, heater, submersible pumps, stitches and cables are likely to witness a cut by about 10 per cent within next a…

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  • Indore: PM Narendra Modi accepts ACCI advice on GST flaws, asks to allow quarterly filing of return

    Indore: Accepting the suggestions given by Ahilya Chamber of Commerce and Industries (ACCI), an Indore-based traders’ organisation, Prime Minister Narendra Modi has directed finance secretary Hasmukh Adhia to make necessary corrections in compliance of Goods and Service Tax (GST) and make provisions which would allow traders to file GST returns quarterly and pay taxes on…

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  • Demonetisation: Trade, turnover plunge by 30 per cent in the Indore city

    Indore: Demonetisation, a move meant to flush out black money and promote cashless transaction, seems to have backfired with trade and turnover of local traders and industries taking a hit. According to an estimate, city witnessed about 30% drop in trade and turnover post demonetisation. Moreover, cashless transaction, which increased initially, is now struggling to…

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  • Indore: GSTN a flop show, courtesy shoddy assessment, flawed software

    Indore: After massive failure of demonetisation, Goods and Service Tax (GST) too has proved that it was launched without improper assessment of the consequences. One of the major factors that has been an issue of serious concern and also, evoked enough nationwide outcry is the complexity in GST compliance, courtesy inefficient server of GSTN. The…

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  • Indore: Airport to get parallel runway in expansion project

    Indore: As per draft Master Plan of airport expansion, a parallel runway is to come up along hotels, convention centre and other facilities. Airport Authority of India (AAI) planning department officials will soon be in city to chalk out a complete expansion plan before the end of next month. The airport regulating authority has revived…

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  • Indore: Hotels, multi-level parking, convention centre at airport

    Indore: Airport Authority of India (AAI) chairman Dr Guruprashad Mohapatra on Wednesday said that the city airport will boast of more passenger facilities, including top-of-line hotels, convention centre, multi-level parking and dedicated road to airport. He said that AAI and state agencies would prepare a comprehensive blue print of the project by November 15. All…

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  • Indore: Tardy pace of work delays railway projects by 4 years

    Indore: The pace of working of railway’s construction department can be exampled in the best way by looking at its three major projects concerned with the city. The projects have crossed the target duration of their completion four years back, but on ground, all the three projects could achieve progress merely 0 to 20 per…

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  • Indore: Gadkari assures of city’s enhanced connectivity with all parts of nation

    Indore: Union minister Nitin Gadkari on Monday announced that Indore will soon be connected by road and rail links with southern, eastern and western parts of the country. Elaborating further, he said that while bhoomi-pujan of new Indore-Manmad rail line project will be held in four months, construction of Indore-Ichhapur and Indore-Betul national highway too…

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  • Indore: Marginal reduction in petrol price: Too little too late

    Indore: Following a hefty rise of Rs 7.79 and Rs 6.27 per litre prices of petrol and diesel respectively in last three months now, both the prices are reduced by Rs 2.48 and Rs 2.47 per litre, bringing a much-needed relief to common man. Putting a balm on the plights of common citizens, the new…

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  • Indore: Govt hints at introducing e-wallet for GST hit exporters

    Indore: Government may consider introducing e-wallet to give relief to exporters from glitches of the GST.  Micro and small exporters are particularly the bad hit, as the availability of credit and more so, the cost of credit is adversely impacting them. According to sources, many are now on the verge of borrowing money to pay…

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