Free Press Journal
  • Mumbai: City’s real estate sector impacted by GST, demonetisation, says report

    Mumbai: Implementation of the goods and services tax (GST) and the last year’s note-ban have not only created liquidity issues for the real estate sector but also impacted investment and development prospects of the cities, thereby pulling down their rankings, a report has said.

  • GST, note-ban have lowered cities’ real estate ranking: Report

    Mumbai: Implementation of the goods and services tax (GST) and the last year’s note-ban have not only created liquidity issues for the real estate sector but also impacted investment and development prospects of the cities, thereby pulling down their rankings, a report has said.

  • Congress raises questions over Moody’s reliability

    Pune: After U.S.-based International rating agency Moody’s Investors Service upgraded India’s sovereign rating to Baa2 from Baa3, the Congress party on Saturday raised questions over the reliability of the global credit rating agency who has conducted the surveys.

  • Moody’s India upgrade Will continue reforms:FM

    New Delhi : Finance Minister Arun Jaitley on Friday termed Moody’s upgrading India’s sovereign rating after 13 years as “belated recognition” of reforms undertaken, saying that the reform agenda will continue with emphasis on higher spending on infrastructure and in rural areas.

  • Moody’s upgrades India’s rating, says reforms will foster sustainable growth

    New Delhi: US-based Moody’s today upgradedIndia’s sovereign credit rating by a notch to ‘Baa2’ with a stable outlook citing improved growth prospects driven by economic and institutional reforms. The rating upgrade comes after a gap of 13 years -Moody’s had last upgraded India’s rating to ‘Baa3’ in 2004. In 2015, the rating outlook was changed to ‘positive’from ‘stable’. The ‘Baa3’ rating was the lowest investment grade — just a notch above ‘junk’

  • India is the most favourable, attractive place for FDI: Jaitley

    “The present government has implemented a slew of economic reforms one after the other, including the Goods and Services Tax (GST) roll-out,  introduction of Insolvency and Bankruptcy Code (IBC) and the  recapitalisation package for the Public Sector Banks (PSBs)”   Arun Jaitley/ FM

  • Bhopal: Reduced GST rates make food lovers happy

    Bhopal: Wednesday brought good tidings for food lovers as well as restaurant owners of the city. Eating out will weigh less on the pocket now as the GST on air-conditioned restaurants has been slashed from 18 percent to 5 percent. In case of non-AC restaurants, the tax rate has been reduced from 12 percent to 5 percent.

  • Eating out and items of daily use get cheaper on lower GST

    As many as 178 items of daily use were shifted from the top tax bracket of 28% to 18% , while a uniform 5% tax was prescribed for all restaurants, both air- conditioned and non-AC. Earlier AC restaurants attracted 18% GST, while non-AC ones levied 12%.

  • India is set to become extremely attractive place for biz: Jaitley

    Singapore : With greater digitisation and formalisation of financial activities and businesses, India is set to become an “extremely attractive” country to do business, Finance Minister Arun Jaitley said  on Wednesday.

  • Exports enter negative terrain in October as trade deficit widens

    The trade deficit widened to almost three-year high of $ 14 billion during the last month as against $ 11.13 billion in October 2016 as imports surged. The exports dipped to  $ 23.09 billion in October from $ 23.36 billion in the same month last year.

  • GST implementation caused ‘temporary slowdown’: Report

    New Delhi : After its launch in July 2017, there has been a temporary slowdown post implementation of Goods and Services Tax (GST) even though Government of India has ideated and implemented a number of initiatives to improve business conduciveness, noted a recent ASSOCHAM-EY joint study.

  • New GST rates may lower CPI inflation by 20 bps: Nomura

    Mumbai: Decision to lower GST (goods and services tax) rates on over 200 items could help pull down retail inflation by 20 basis points from the current levels driven by lower food and beverage prices, says a report.

  • 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 week. The cut is expected to help bringing back the luminary in electrical goods market.

  • GST Chaos: Should Arun Jaitley step down as Finance Minister?

    November 8, 2016, and July 1, 2017, will forever be etched in history as the two most important dates in current Indian polity. The decision to implement demonetisation and Goods and Services Tax (GST) were taken on above mentioned dates and the jury is still out on whether either of the decisions paid off or not. Prime Minister Narendra Modi got a decisive mandate in 2014 to transform India

  • Political tsunami coming, Cong will win Guj: Rahul

    Thara : Congress Vice President Rahul Gandhi on Sunday asserted that his party will sweep the Gujarat Assembly elections in December and that a “tsunami is coming and the (ruling) BJP is scared of it”.