Government policies
GST Council clears draft CGST, IGST bills
04 Mar 2017
The council will take up for approval the State-GST and Union Territory-GST (UT-GST) laws at its next meeting on 16 March, clearing the deck for the passage of the bills in Parliament and eventual roll-out by 1 July
GST Council proposes to hike peak tax slab to 40%
02 Mar 2017
While the 4-slab rate structure of 5, 12, 18 and 28 per cent agreed upon last year will remain unchanged, the GST Council is making a provision in the model law to take care of contingencies in future
Economic advisor backs `bad bank’ proposal to tackle NPAs
22 Feb 2017
Critics, however, say the bad bank will only shift the burden of recovery from the bank and will not help reduce bad loans
Govt invokes special powers to ensure steady supply of coronary stents
22 Feb 2017
Manufacturers have been ordered to submit a weekly report on coronary stents produced and distributed besides a weekly production plan to the drug pricing authority
GST Council approves draft Compensation Bill
18 Feb 2017
A decision on rate slabs will be taken after the next meeting of the GST Council on 4-5 March, finance minister Arun Jaitley said after the council meeting
CCEA clears award of 31 discovered small oil and gas fields
16 Feb 2017
Development of these small oil and gas fields, which will unlock $7 billion in oil and gas assets, is crucial for Prime Minister Narendra Modi's plan to reduce oil imports by as much as 10 per cent by 2022