The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman today said that the COVID emergency credit facility covers all companies and not just MSMEs.

The Ministry of Civil Aviation has requested GST Council to consider inclusion of aviation turbine fuel (ATF) within the ambit of GST.

The IIP number for the month of June 2017 came in sharply lower at -0.1% compared to 1.7% in the previous month of May 2017. A correction in the IIP was expected in the month of June due to the impact of the GST launch, although it was not expected to dip into negative territory.

Real-estate developers have welcomed the implementation of Goods and Service Tax. According to them, GST will greatly improve a fractured tax system and help create an integrated Indian market. The government has always made it clear that leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting GST.

Real estate developers have welcomed the implementation of the Goods and Services (GST) Tax. According to them, GST will greatly improve a fractured tax system and help create an integrated Indian market.

India´s burgeoning logistics and warehousing sector is set for an explosive growth trajectory, in the wake of the implementation of the Goods and Services Tax (GST) regime.

There is definitely going be a short-term impact of demonetisation on the industry. The November 2016 sales of two-wheelers, four-wheelers and the automotive industry in general has taken a beating.

Shripad Ranade, Practice Head – Automotive & Engineering, Tata Strategic Management Group, explores the impact of government policies and the latest technical developments, on the construction and mining equipment sector.

To be honest, at present, it is highly impossible to share any revenue losses and it is not correct on our part to share these numbers without any ground study. Now, you have to consider a couple of factors before we come out with the figures.