GST: Govt dictating prices goes against free-market spirit; will anti-profi...
In an interview on Monday, revenue secretary, Hasmukh Adhia, gave out an explicit warning to companies planning to increase prices on products ahead of the launch of Goods and Services Tax (GST) on 1 July. Adhia, in his not-so-indirect threat, openly asked companies to hold back rate increases... read more »
Tips to Reduce Your Factory & Warehouse Insurance Premium
While it is a necessity to buy a comprehensive insurance policy to insure your factory & warehouse, there are various pragmatic ways through which a business owner can get the complete value of money or in other ways, reduce the insurance premium. Let’s have a look at some of the tips through... read more »
Heavy Bikes, Luxury Yachts, Private Jets to Attract 31 Percent GST PTI
Srinagar: Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private aircraft and luxury yachts. According to the rate structure finalised by the GST Council, all cars, buses, trucks and motorcycles including... read more »
SBI’s bad loans didn’t affect it much. Here’s the proof
State Bank of India reported its highest profit in six quarters on lower provisions for bad loans last quarter, but investors were wary about the outlook for its asset quality after the amalgamation of its five subsidiary banks from April. SBI, which accounts for more than a fifth of India’s... read more »
