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Centre, states working on new GST rate: Revenue Secy

Revenue Secretary Shaktikant Das today said the Centre and state governments are working on a new revenue neutral rate for the implementation of Goods and Services Tax, GST. Talking to reporters in New Delhi, Mr Das said once the revenue neutral rate, RNR is recalculated, then the GST rate will be...


Indian economy clearly on recovery path: Arun Jaitley

Finance Minister Arun Jaitley has said that the Indian economy is clearly on the path of recovery. In his address to the International Monetary and Financial Committee in Washington, Mr Jaitley said that India's growth recovered to 7.4 per cent in the first three quarters of the last fiscal as c...


Rating agency Moody's predict 7.5 percent GDP growth for Indian economy this year

International credit rating agency Moody’s has predicted India’s growth to be 7.5 percent for the year 2015. This comes a week after it revised its outlook for India to ‘positive’ from ‘stable’. Helped by India's recent policy initiatives, pick-up in investments and lower oil prices, the economy...


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