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About 8 results for "dilasha seth"

S&P won't upgrade India's rating before 2019
Rediff.com

S&P won't upgrade India's rating before 2019

'Our stable outlook currently points to the fact that the ratings are likely to remain stable for the next couple of years.' Vulnerabilities on account of low gross domestic product per capita and high government debt counterbalance the robust GDP growth, S&P Global Ratings Director Ravi Bhatia, bottom, left, tells Dilasha Seth. The S&P report forecasts robust economic growth, rise in forex reserves with limited fiscal risks. Yet, the rating has been maintained at BBB- with a stable ... Rediff.com, 11 hours ago
Rediff.com

More GST cuts at next meeting

'At the end of the day, we want to see maximum items out and only few items remaining in the 28 per cent slab.'Illustration: Dominic Xavier/Rediff.com Another 5 to 6 items may come down to 18 per cent from 28 per cent at the next GST Council meeting, Assam Finance Minister Himanta Biswa Sarma tells Dilasha Seth. Any further reduction beyond that may need to wait to gauge the revenue implications, Sarma says.   It was one of the most hectic council meetings since the GST rollout. What ...
 Rediff.com1 month ago What's on the GST Council's agenda today?  Rediff.com1 month ago
Rediff.com

'Why did it take 5 months to lower GST?'

Rahul Gandhi, who is scheduled to again visit poll-bound Gujarat from Saturday, said the government can't break the back of small and medium businesses, crush the informal sector and destroy millions of jobs.Dilasha Seth in Guwahati and Archis Mohan in New Delhi report.Illustration: Dominic Xavier/Rediff.com The Congress party has demanded an overhaul of the goods and services tax architecture, terming the existing system as 'flawed'.   Congress Vice-President Rahul Gandhi said it was ...
 Rediff.com1 month ago
Rediff.com

Business gets a reprieve on filing GST returns

'Significant reductions in the compliance obligations mean businesses earlier struggling to comply will now have enough time to prepare and comply within the extended timelines.'Dilasha Seth reports from Guwahati.Illustration: Uttam Ghosh/Rediff.com Criticised for the increase in compliance burdens on assessees under the Goods and Services Tax, the Council on Friday, November 10, extended the dates for filing of returns. It also deferred sending of the input and detailed input-output returns, ...
 Rediff.com1 month ago
Rediff.com

'India's GST rates are highest in the world'

'There is something fundamentally wrong with the GST -- whether be it the rates, compliance, or the GST Network itself.'Illustration: Dominic Xavier/Rediff.com Exclusion of energy, real estate, and power are leading to cascading of taxes, and need to be brought under the goods and services tax (GST), Punjab Finance Minister Manpreet Singh Badal tells Dilasha Seth.   What are the key concerns that you have raised with the Centre on the GST? We were told once the GST was implemented, ...
 Rediff.com1 month ago
Rediff.com

'If the eastern part of the country does well, India does well'

'Bankruptcy code, easier exit, the Goods and Services Tax, real estate regulation authority, push for digitisation and push for no human intervention across sectors have been the big reforms undertaken that were never envisaged or performed.' India worked in close partnership with the World Bank to improve its position, says NITI Aayog CEO Amitabh Kant, bottom, left. He tells Dilasha Seth that instead of criticising the ranking method, the government decided to carry out critical structural ...
 Rediff.com1 month ago
Rediff.com

'Economy may take 24 months to recover'

'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.' Deloitte India Chairman P R Ramesh says initiatives like GST and demonetisation have been taken very positively by foreign investors. Companies face many tax woes in India, yet Ramesh tells Dilasha Seth and Indivjal Dhasmana why they fare worse in other tax jurisdictions. How long do you think it will take for the economy to recover? The defining moment in ...
 Rediff.com1 month ago
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