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GST effect News

24 Aug 2017

GST briefly hit HCP market, HP Inc the leader: IDC

According to the report by research firm International Data Corporation, the rollout of GST caused weak sell in shipments in the second quarter of 2017 as the focus of the distributors was on clearing the existing inventory.

21 Aug 2017

GST pulls down India Inc net by 15.7% to Rs 87,475 crore in Q1

According to an analysis of 2,108 companies by credit rating agency Care Ratings, the corporate net profits stood at about Rs 1.04 lakh crore in April-June period of 2016-17.

09 Aug 2017

Tata Steel India, Europe profitability to sustain in FY18: S&P

"The healthy profitability at India-based Tata Steel Ltd (BB-/stable) is in line with our expectations and supports the company's credit quality," S&P Global Ratings said in a statement.

04 Jul 2017

About 2 lakh new registrations done on GST Network, 39,000 already approved: Revenue Secretary

A central monitoring committee, comprising of 15 top secretaries, will meet every Tuesday to take stock of the situation.

30 Jun 2017

GST effect! Watching an IPL match in stadium to become costlier after July 1

The tax rates under the new regime have been classified under four sections – five per cent, 12 per cent, 18 per cent and 28 per cent. The Indian Premier League (IPL), which is much of a blend between entertainment and huge prize money, falls under the highest tax section – 28 per cent.

26 Jun 2017

Caution over GST, derivatives expiry to affect equities

Derivatives expiry coupled with crude oil prices and direction of foreign funds` movement are expected to affect the equity charts during the upcoming week.

14 Jun 2017

GST effect: Bajaj reduces prices on bikes by up to Rs 4,500

Bajaj Auto on Wednesday announced a reduction in prices of its motorcycles by up to Rs 4,500 with immediate effect to pass on the expected benefit of GST to customers.

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