Free Press Journal
  • Independence Day 2018: Fair growth but no fairytale

    Independence was good for India. We have good data from our economic historians. It shows that from 1900 to 1950, India’s GDP has been growing roughly at 1.5 per cent per annum. Population growth that time used to be quite rapid, and later, it grew even faster. But population growing at 1.5- 2 per cent meant per capita income is holding steady or falling a little. There was no growth per capita

  • Bhopal: Ayushman Bharat Scheme to be launched on September 25

    Bhopal: Principal secretary of health Gauri Singh in a meeting called by chief secretary BP Singh on Ayushman Bharat Scheme, said had Centre not extended the launch date, the scheme could have met the fate of the GST move. Earlier, the Centre had decided to launch the said scheme from August 15. It is now decided to launch the scheme on September 25, which is the birth anniversary of Deendayal Upadhayaya.

  • GST on more items to be slashed if revenue increases: Finance Minister Piyush Goyal

    New Delhi: Finance Minister Piyush Goyal today said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalises. Goyal was speaking in the Lok Sabha after moving four bills seeking to amend the Goods and Services Tax (GST) laws for consideration and passage. The bills were Central GST (Amendment) Bill, Integrated GST (Amendment) Bill,

  • GST slabs may be reduced to 3

    Kolkata : In the long-term, Goods and Services Tax (GST) slabs may come down to three, in addition to the exempted category, Sanjeev Sanyal, Principal Economic Adviser to the Finance Ministry, on Saturday said.

  • States to test GST cashback for payments via Rupay, BHIM app: Piyush Goyal

    New Delhi: States will roll out on pilot basis incentives for digital transactions through Rupay card and BHIM app under the GST, Finance Minister Piyush Goyal said today. The GST Council, chaired by Goyal, in its meeting here today also decided to set up a Group of Ministers (GoM) under Minister of State of Finance Shiv Pratap Shukla to look into the issues of the MSME sector.

  • anupam kher, rahul gandhi, priyanka gandhi, the accidental prime minister, reel rahul gandhi, reel priyanka gandhi, arjun mathur, aahana kumra, former Prime Minister Manmohan Singh, manmohan singh biopic

    GST violation: Director of ‘The Accidental Prime Minister’ arrested for Rs 34 crore fraud

    Mumbai: Film director Vijay R. Gutte, son of a leading Maharashtra businessman close to the BJP, has been arrested in a case of alleged Rs 34-crore GST fraud committed through fake documents, official sources said here on Friday. Director of an upcoming film ‘The Accidental Prime Minister’ starring veteran actor Anupam Kher, Gutte has been remanded in custody till August 14 by a Mumbai court.

  • GST mop-up rises to Rs 96,483 cr in July

    New Delhi : The Goods and Service Tax (GST) collections rose to Rs 96,483 crore in July, from Rs 95,610 crore in the previous month, on improved compliance post implementation of the e-way bill.

  • maharashtra, maharashtra traders, apmc, professional tax, GST, APMC market, Vashi

    Maharashtra traders urge government to abolish APMC cess and professional tax under GST

    Mumbai: Maharashtra traders have urged the government to abolish the APMC cess and professional tax under the goods and services tax (GST). The Chamber of Associations of Maharashtra Industry and Trade (CAMIT) along with the Poona Merchant Chamber and Federation of Associations of Traders Pune also noted that the plastic ban in Maharashtra was ill-timed. They appealed to the state government to postpone the ban unless viable and durable alternate to plastic

  • Indore: DAVV seeks GST on affiliation fee from colleges

    Indore: As Devi Ahilya Vishwavidyalaya (DAVV) moves court against Central Board of Excise and Customs that has asked it to pay service tax of five years, the university has sought goods and service tax (GST) on affiliation fee from colleges. “It is because if the court rules against us, we will have money to pay the tax at least for current fiscal year,” said vice-chancellor Dr Narendra Dhakad.

  • Sensex opens 100 points higher after GST Council cuts rates

    Mumbai: The benchmark BSE Sensex advanced over 100 points in early trade today led by gains in FMCG stocks after the GST Council on Saturday cut rates on over 100 items, amid fresh capital inflows by foreign funds and strengthening rupee.

  • Rahul Gandhi and Narendra Modi

    Opposition failure: No counter narrative yet

    After gaining some traction in Gujarat and Karnataka in the last eight months the Congress appears to be losing steam again. It has not been successful in pinning down the Modi government on the demonetisation fiasco, hasty implementation of GST, price rise, rising joblessness, farm distress, turbulent Kashmir, worsening law and order, lynching and other hate crimes. The Opposition tasted limited electoral success in the recent by-elections mainly because of the upswing

  • HUL profit rises 19% to Rs 1,529 cr in Q1

    Mumbai : FMCG major Hindustan Unilever on Monday reported a 19.17 per cent increase in standalone net profit at Rs 1,529 crore for the first quarter ended June 30, 2018 despite a rise in materials.