GST Rate Changed For 29 Goods, 53 Categories Of Services

GST Rate Changed For 29 Goods, 53 Categories Of Services

Finance Minister Arun Jaitley said the new rates will be effective January 25 HIGHLIGHTS New rates will be take effect from January 25, says finance minister GST Council considers simplification of return filing process In next meet, bringing petroleum under...
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NSC, PPF: Latest Interest Rate, Income Tax Benefits And Other Features

NSC, PPF: Latest Interest Rate, Income Tax Benefits And Other Features

PPF (Public Provident Fund) and NSC (National Savings Certificate) are popular small savings schemes. The government has revised lower interest rates for small savings schemes, including NSC, KVP and PPF, for the quarter starting January 1, 2017. The interest ...
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Latest Interest Rate On PPF, Income Tax Benefits, Withdrawal, Loan Facilities And Other Details

Latest Interest Rate On PPF, Income Tax Benefits, Withdrawal, Loan Facilities And Other Details

The rate of interest on PPF is compounded annually (Representational image) HIGHLIGHTS PPF, other small savings schemes interest rates are set every quarter Deposits in PPF account are eligible for tax deductions under Section 80C Up to Rs. 1.5 lakh...
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Limited space for further cut in lending rate: SBI chief

Limited space for further cut in lending rate: SBI chief

State Bank of India Chairman Rajnish Kumar on Thursday said that there is limited space for further easing of the lending rate. It seems so, he said in reply to a question if the rate cut cycle is over for...
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GDP growth rate down to 5.7% in April-June, demonetisation pain lingers

GDP growth rate down to 5.7% in April-June, demonetisation pain lingers

India’s economy unexpectedly slowed to a three-year low in the April-June quarter, signalling that business was still hurting from last year’s shock cash squeeze as well as disruptions ahead of the rollout of a new tax regime. Gross Domestic Product...
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Sensex Rises 150 Points; SBI Jumps On Interest Rate Cut

Sensex Rises 150 Points; SBI Jumps On Interest Rate Cut

Indian shares were trading higher on Monday with the country’s biggest lender, State Bank of India, rising after it introduced a 2-tier savings bank interest rate while investors awaited a rate cut by the central bank later this week. The...
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